Is it true that lower taxes can help increase revenues that governments earn from taxing its people and its economy?In this engaging video, we'll explain how tax systems are created and whether that assumption is true or just a...
Blackberry was once the pride of the enterprise segment. But what happened to the company in the last ten years? In one word - iPhone. That's what happened to Blackberry.But there's more to this story than meets the eye.In...
Microsoft has moved from being Windows-reliant to becoming a cloud juggernaut. How did this happen? What risks did Microsoft CEO Satya Nadella face on this turnaround journey? What are the factors that have helped the company go from near-obsolescence...
The Department of Justice has issued a press release revealing that former U.S. Marine Everitt Aaron Jameson, 26, of Modesto, has been arrested and charged with attempting to provide material support to a foreign terrorist organization.The arrest was made after...
The US has approved plans to have private arms companies provide lethal weapons to Ukraine to aid its fight against Russia-backed separatists.Congress approved such a plan in 2014 during the Obama administration called the Ukraine Freedom Support Act, but the...
The Short:The Securities and Exchange Commission (SEC) has frozen all assets of Woodbridge Group and its owner, real estate mogul Robert Shapiro, calling his operation a Ponzi scheme.In all, Woodbridge's business model allowed the company to defraud 8,400 investors...
The Federal Communications Commission (FCC) is mulling over a $13.4 million fine against Sinclair Broadcast Group Inc. for not identifying paid programming as such.Sinclair, according to the FCC, produced and aired news-like stories for local broadcasters and slightly longer programs...
A possible partnership between U.S. aerospace major Boeing and Brazilian planemaker Embraer could be in the offing, according to both companies.The "potential combination" mentioned by the companies includes the possibility of a joint venture type deal that would technically...
With interest in cryptocurrencies like Bitcoin and Ethereum at an all-time high, now would be a good time to look at the tax implications on the eve of President Trump signing the Tax Cuts and Jobs Act into law.Until...
Dropping almost as suddenly as it rose over the last few weeks, Bitcoin is now trading at under $13,000. According to CoinDesk, the cryptocurrency is now trading at around $12,820 as of 07:36 UTC, after dropping even lower to...
At least two people with knowledge of the matter said that Goldman Sachs plans to set up a trading desk for cryptocurrencies like Bitcoin by mid 2018.The sources said that June would probably be a good estimate, if not...
Google's parent company Alphabet's Executive Chairman Eric Schmidt announced on Thursday that he has stepped down from his current position, and that he will remain on the board and take up a new role as an Alphabet technical advisor.Schmidt...
Vice President of the United States Mike Pence made a highly secretive visit to Afghanistan on Thursday to meet with U.S. troops, as well as with senior Afghan leaders to discuss Trump's strategy for the region.Thursday night saw Pence...
Autopsy results on victims and attacker of the October 2017 mass shooting from the Mandalay Bay hotel have been released.The results show that all 58 victims died of gunshot wounds, and that no one died as a result of...
Nearly 9 million people have signed up for Affordable Care Act (ACA) health insurance plans across 39 states on the healthcare.gov website for 2018.Though unexpected, the numbers nearly match 2017 levels. That means the plan is a major success...
No reason was given for Papa John's CEO John Schnatter stepping down from the helm, but there has been intense criticism of the iconic pizzapreneur after he blamed NFL players for the restaurant chain's woes.Company President Steve Ritchie will take...
Hours after it passed the House with a 231-188 vote, Senators voted 66-32 on a continuing resolution (CR) that will allow the government to function through January 19.The CR also extends funding for the Children's Health Insurance Program (CHIP)...
Posters of Meryl Streep and Harvey Weinstein with "She Knew" across it have been making the rounds in LA after Rose McGowan tweeted over the weekend that the veteran actress was aware of Weinstein's predatory behavior.The Harvey Weinstein accusations led...
The highly secretive startup Magic Leap has finally unveiled its smart glasses on its website, where a webpage was updated showing the much-awaited product that's been six years in the making and already sucked up $1.9 billion in investments.The...
Wells Fargo and Fifth Third have announced that they're giving special year-end bonuses and/or implementing pay rises for hourly wage workers after Trump's tax reforms are passed into law.Fifth Third will give several employees a $1,000 year-end bonus, and...