Tue, December 10, 2024

by: The University of Chicago Chronicle

COP29 provides UChicago students with unique perspective on climate change and policy

More than two dozen University of Chicago students recently attended the 2024 United Nations Climate Change Conference—better known as COP29—which they described as an "eye-opening" yet "humbling" opportunity to learn about the inner-workings of policy and politics at a global scale.

by: The Motley Fool

Designer Brands (DBI) Q3 2024 Earnings Call Transcript

Good morning and welcome to the Designer Brands third quarter 2024 results conference call. All participants will be in a listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions. [Operator instructions] Please also note, today's event is being recorded.

by: The Australian Financial Review

How Shanghai's ambition to be the 'future of finance' fell apart

The port city was meant to be China's answer to New York, but trade tensions and changing domestic priorities have taken a toll.

by: Business Line

RBI New Governor Live News: Sanjay Malhotra to be new RBI Governor, will replace Shaktikanta Das

by: WTOP News

Alaska Airlines will spread its wings by flying to Tokyo and Seoul beginning next year

NEW YORK (AP) — Alaska Airlines said Tuesday it will start new service to Tokyo and Seoul next year as part of a plan to boost international flights over the next several years. Alaska announced the new routes Tuesday as it raised its fourth-quarter ...

by: thenewhumanitarian

The loss and damage fund should open for business in 2025. Will it be fit for purpose?

2025 could see funds disbursed for the first time, but how will it work, who will benefit, and why is there so little money in its coffers?

by: MoneyWeek

The top stocks in the FTSE 100

After a year of strong returns for the UK's flagship index, which FTSE 100 stocks have posted the best performance in 2024?

by: ARLnow.com

CMIT Solutions: Understanding penetration testing and its importance for SMBs

In today's digital age, cybersecurity threats are a significant concern for businesses of all sizes. Small and medium-sized businesses (SMBs) are particularly vulnerable due to limited resources and expertise in cybersecurity.

by: CNN

Macy's is in deep trouble. It could be sitting on a goldmine

Macy's would be more valuable if it just shut down its business and sold everything off for parts. That's the argument activist investment firm Barington Capital and private equity firm Thor Equities said in a proposal Monday that called on the company to make drastic changes to boost its stock price.

by: CoinDesk

Keone Hon: Bridging DeFi and TradFi

Jump Trading quant raised $225 million in 2024 to build Monad, a high-performance blockchain trying to bring Wall Street's trading efficiency to crypto.

by: Business Today

LIC Bima Sakhi Yojana: Check how women can apply and earn a min. salary of Rs 7,000 per month

LIC plans to enroll 100,000 Bima Sakhi within the next 12 months and 200,000 over a span of three years as part of its women empowerment drive.

by: legit

UK pledges to cut government spending waste

UK government departments must find efficiency savings of five percent, finance minister Rachel Reeves insisted Tuesday, vowing to take an "iron fist" to public-spending waste. "I have no doubt that we can find efficiency savings within government spending of five percent and I'm determined to do so,

by: Insider Monkey

Seven Corners Capital's Q3 2024 Investor Letter

Seven Corners Capital, an investment management company, released its Q3 2024 investor letter. Seven Corners Capital's composite portfolio finished Q3 2024 increasing around 14%, while the S&P 500 increased by approximately 21%.

by: The Globe and Mail

Business Brief: A growing backlash to DEI

Good morning. Walmart Inc. made waves last month when the retailer announced it was rolling back many of its diversity, equity and inclusion initiatives. As a backlash against DEI programs grows in the United States, signs of tumult are emerging in Canada. More on that below, but first:

by: Telangana Today

Hyderabad: CoEBF hosts banking and finance summit 2024 at ICFAI Business School

The summit featured discussions on empowering marginalized communities through self-help groups, the critical role of women-led initiatives, and the importance of balanced credit disbursement to mitigate over-indebtedness.

by: WISH-TV

Secretary of state spending includes millions in no-bid contracts

Indiana Secretary of State Diego Morales has awarded millions of dollars in contracts to IT companies without competitive bidding, while also receiving donations from the companies, and is seeking additional funding for increased staffing and modernizing online services.

by: businessday

What to know as Dangote Sugar shops for N50bn from CPs issuance

Dangote Sugar Refinery Plc (DSR) is currenting in the market shopping for N50billion from series 6, 7 Commercial Paper

by: 24/7 Wall St

My bank contacted me to tell me about an old credit card that has $70k on it and here's what I did

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers. Finding a big heap of forgotten cash would be a dream come true for many,

by: inc42

Zepto HR Head Martin Dinesh Gomez Resigns

Zepto's chief human resource officer Martin Dinesh Gomez has stepped down after serving less than a year at the quick commerce startup

by: Kiplinger

How to Guard Against Identity Theft in 2025

What are the most common identity theft schemes? Our most recent contact center data shows that 51% of personally identifiable information (PII) compromises — which take place w

by: The Boston Globe

Sales of Barbara Lynch's last two restaurants are 'in limbo' amid tax lawsuit

The chef's group racked up $1.4 million in unpaid taxes, jeopardizing deals to save Beacon Hill fine dining institution No. 9 Park and South End seafood joint B&G Oysters.

by: businesstech.co.za

Power your farm's future: Access grants, finance and expert guidance for solar power

Standard Bank's PowerPulse has entered a pilot partnership with The Land Bank, which has been tasked with distributing the R1.2 billion Agro Energy Fund (AEF) to qualifying agricultural businesses, to help them fund the purchase of capital equipment and infrastructure for alternative energy sources directly linked to energy-intensive farming operations.

by: The New York Times

How Crypto Insiders Turned 'Debanking' Into a Political Storm

Concerns that crypto companies are being purposely cut off from the global banking system have become a political cudgel at an opportune moment for the industry.

by: Finance & Commerce

Statutory Ban on Non-Solicitation Provisions Between Service-Providers and Customers

Minnesota became the fourth state to ban non-compete agreements. This past session, in S.F. 3852, the legislature sought to close a loophole it had identified in the 2023 ban: non-solicitation provisions between service providers and their customers.

by: Construction Week Online

WHEF Annual Conference 2024: Fostering innovation and growth in Mumbai

The annual conference of World Hindu Economic Forum (WHEF) will take place from December 13th to 15th, 2024, at the Jio World Convention Centre, BKC, Mumbai. Under the theme "Think in the Future, For the Future,

by: abp LIVE

Future Of Sustainable Finance: How Green Bonds Can Evolve In India

It is evident that while the principles of a green bond market have been laid out, the inherent demand is lacking and we need interventions to kickstart investor interest.

by: Business Insider

How to Pick The Best American Express Card

Small business finances Credit cards Points and miles travel Travel insurance Real estate investing Katherine's interest in personal finance extends to her own interests. Despite a salary of just ...

by: AOL

Oracle (ORCL) Q2 2025 Earnings Call Transcript

Oracle (NYSE: ORCL) Q2 2025 Earnings Call Dec 09, 2024, 5:00 p.m. ET

by: The Peninsula

'Qatar's giant strides in global Islamic finance worthy of applause'

Qatar s journey in Islamic finance is a testament to its vision and strategic approach, and the country s commitment to fostering a

by: Business Standard

Mannapuram Finance, Muthoot Finance gain up to 3% in trade; here's why

Spot gold gained 1.1 per cent to $2,662.98 per ounce, as of 01:41 PM ET (1841 GMT). US gold futures settled 1 per cent higher at $2,685.50

by: The Hans India

RBI, Finance Ministry coordination at its best, says Shaktikanta Das

The Reserve Bank of India and the Finance Ministry have been on "best terms with excellent coordination and cooperation" over the last six years, outgoing RBI Governor, Shaktikanta Das, said in

by: The Daily Star

Long-term tax exemption beneficiaries still seeking additional benefits: finance adviser

Finance Adviser Salehuddin Ahmed today criticised long-term tax exemption beneficiaries who, despite receiving benefits for over 50 years, continue to making demands for further protections. "We have been taking care of the children (business sectors) over the last 50 years with tax benefits,

by: McKnight's Senior Living

People in the news, Dec. 10

Appointments, promotions and other news at Benchmark Senior Living, Cassia, CVS Health, Daughters of Sarah Community for Seniors, Ecumen, Front Porch, Goodwin Living, Grace Management, Kendal Corp., Larry H.

by: Yahoo Finance

Yext Inc (YEXT) Q3 2025 Earnings Call Highlights: Revenue Growth and Strategic Opportunities ...

Yext Inc (YEXT) reports a 13% revenue increase, driven by strategic acquisitions and AI opportunities, while navigating foreign exchange impacts and ARR challenges.

by: moneycontrol.com

Power Finance Consolidated September 2024 Net Sales at Rs 25,721.79 crore, up 14.88% Y-o-Y

Quarterly Net Profit at Rs. 5,302.43 crore in September 2024 up 9.71% from Rs. 4,833.08 crore in September 2023. EBITDA stands at Rs. 25,387.31 crore in September 2024 up 10.6% from Rs. 22,954.58 crore in September 2023.

by: Reuters

UAE to impose 15% minimum top-up tax on large multinationals from January

The United Arab Emirates said on Monday it will impose a domestic minimum top-up tax (DMTT) of 15% on large multinational companies operating in the country starting on or after Jan. 1, 2025 as it seeks to boost non-oil revenue.

by: Forbes

Will Interest Rates Go Down In 2025?

After starting 2022 at just 0.1%, the official cash rate is now 3.1% and tipped to rise further. Since the Reserve Bank of Australia (RBA) began lifting the cash rate in May 2022, there have been eight interest rate rises last year,

by: MSN

Treasury Department may fine small businesses $10,000 or more if they don't file this new report

The Corporate Transparency Act requires many businesses to file data about their "beneficial owners" by Jan. 1. But the rule is being challenged in court.
Mon, December 9, 2024

by: Business Today

Asian Paints, Tata Steel, AU Small Finance Bank: How to trade these 3 buzzing stocks

An analyst from Anand Rathi said that Tata Steel is encountering a significant resistance level around the R3 Camarilla pivot, specifically in the Rs 150-151 zone, indicating selling pressure.

by: Oneindia

Libra Horoscope For Today, December 10, Tuesday - Harmony in Relationships Can Lead to Beautiful Partnerships!

Libra Love and Relationships Horoscope: Love takes a tender turn today, offering a chance to rejuvenate your heart and emotions. Shared moments with your partner can rekindle the warmth, reigniting a sense of intimacy that benefits both sides. Understanding and patience can transform tensions into delightful exchanges.

by: Think Advisor

4 Options for Passing Down Your Firm

Here are four potential paths that such advisors might walk:

by: Yahoo Finance

The 5 Most Profitable Business Ideas for Freelancers

Working at home has given freelancers plenty of options. They can reach out to more companies, develop new skills and pursue multiple side hustles. While it's great to have more choices, it's

by: Forbes

With Rates Dropping, The SBA Is Relaxing Its Refinancing Rules For Small Business

With interest rates easing and inflation cooling, small businesses are getting a much-needed break. A change to the Small Business Administration's (SBA) refinancing program will help them take advantage of the shift. The SBA's recent rule changes to its 504 loan program make it easier for businesses to refinance debt and capitalize on lower rates.

by: AOL

Steve Jobs taught Gap's former CEO that micromanaging can be a good thing

But some of the greats in business have shown micromanaging can lead to great success. Take Steve Jobs, for example. The former CEO of Apple, who died in 2011 from pancreatic cancer, continues to be revered as one of the greatest leaders in business history, but he's also among some of the most famous micromanagers.

by: The New Zealand Herald

Superannuation and the great tax debate - Catherine Beard

Couple that with a low drive for saving and unpredictable immigration policies, and an issue begins to emerge: How does New Zealand plan on maintaining first-world living standards and sustaining its reputation as a great place to live?

by: USA Today

Tariffs may be an inflation worry but so are credit card processing fees, some say

Credit card processing fees cost American households an average of $1,100 annually and are expected to continue rising unless Congress acts, some say.

by: MSN

Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws

Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details,

by: Reuters

Allianz wants to redistribute three quarters of profit to shareholders

Germany's Allianz said on Monday it plans to distribute at least three-quarters of its net profit to shareholders via dividends and share buybacks over the next three years.

Want to limit fiduciary duties in a Minnesota LLC? Not if the limitations are manifestly unreasonable

Minnesota has a long history of upholding high standards of integrity, good faith, and fiduciary duties by owners both to the company and with one another in closely held businesses.

The article from Finance & Commerce discusses the limitations on fiduciary duties within Minnesota LLCs, highlighting a recent court case, Pooley v. National Hole-In-One Association, where the court ruled that while LLC operating agreements can modify fiduciary duties, any limitations must not be "manifestly unreasonable." The court found that the operating agreement in question, which allowed the manager to engage in self-interested transactions without oversight, was indeed manifestly unreasonable. This decision underscores that while members of an LLC have significant flexibility in defining their internal governance, there are boundaries set by the Minnesota Revised Uniform Limited Liability Company Act to ensure fairness and reasonableness in the management and operation of LLCs. The article emphasizes the importance of carefully drafting LLC agreements to balance the interests of all members while respecting legal constraints.

Read the Full Finance & Commerce Article at:
https://finance-commerce.com/2024/12/want-to-limit-fiduciary-duties-in-a-minnesota-llc-not-if-the-limitations-are-manifestly-unreasonable/