Sat, February 22, 2025

by: MSN

Local business sues city over issues related to rail development

The owners of a now-closed Chinatown shop are suing the city for damages they claim were caused by the city's public transit authority.

by: Kiplinger

Five Wins for Federal Employees in the Social Security Fairness Act

This is part one of a three-part series about making the most of the changes in Social Security benefits for federal employees brought about by the new Social Security Fairness Act (SSFA). Part two arrives on Saturday,
Fri, February 21, 2025

by: Inc

What Would Trump Taking Control of the USPS Mean for You?

by: jacobin

US Economic Decline Has Been Greatly Exaggerated

A focus on GDP and national accounts gives a misleading picture of US economic power. In the age of globalization, production can be based in countries like China while most of the profits flow back to American firms,

by: Marketplace

What do you want to know about business or the economy?

In our weekly I've Always Wondered series, we tackle all of your questions about business, finance and the economy. Have you ever wondered why gas prices end in nine-tenths of a cent? What you should do with old savings bonds? Why cereal doesn't come in resealable bags? Or how tariffs will impact the economy?

by: Calendar

Ditch the Juggling Act: 12 Ways Automated Scheduling Will Revolutionize Your Life (and Business)

While you are buried under a stack of sticky notes, trying to make sense of scribbled appointments, your phone buzzes with last-minute changes. Does this sound familiar? If you are a busy entrepreneur,

by: Politico

Three potential pitfalls for phase 2 Gaza talks

The second round of talks to end the Israel-Hamas war in the Gaza Strip begins in the coming days, and former officials see three potential challenges that could derail progress towards a permanent cease-fire.

by: Salon

Why you should consider freezing your credit right now

To freeze your credit, you'll need to contact each of the three major credit bureaus individually. Once your credit is frozen, you can temporarily lift the freeze when you need to apply for credit, and then reinstate it afterward.

by: coloradopolitics

Colorado House committee votes to advance bill to adjust state's pay structure for tipped workers

Colorado's pay structure for tipped workers is set to change with House Bill 1208. The bill aims to address wage disparities and local minimum wage hikes.

by: CNN

Target is getting hit from all sides on DEI

The lawsuit suit shows that Target is essentially getting squeezed from both sides on DEI. Target did not respond to CNN's request for comment on the suit. There's a long backstory to the suit, which alleges that Target's DEI initiatives led to its 2023 Pride Month merchandise that drew the ire of conservative media figures.

by: manilatimes

BIR, Customs collections higher in January - Recto

REVENUE collections improved last month, a Cabinet official said, with the Bureau of International Revenue (BIR) and Bureau of Customs (BOC) both posting year-on-year gains.

by: Fortune

What if AI creates more jobs than it destroys?

First, some of the company's most successful AI applications favor more employment, Mockenbrock said, as they allow for better and faster "resolutions" and a higher emotional connection between caller and agent.

by: Investopedia

MercadoLibre Stock Sets All-Time High as Q4 Earnings Blow Past Estimates

MercadoLibre shares surged on Friday after the Latin American e-commerce giant's fourth-quarter earnings came in well above expectations.

by: AOL

What type of business savings account is right for you?

As a business owner, your company's financial health depends on smart money management. Whether you're building an emergency fund or setting aside cash for new equipment, choosing the right savings vehicle is crucial for your business's growth and stability.

by: Kiplinger

UnitedHealth Stock Drags on the Dow After DOJ Probe News

UnitedHealth Group stock is sinking Friday after media reports indicated the Justice Department is investigating the health insurer. Here's what to know.

by: Kiplinger

Block Stock Falls After Revenue, Earnings Miss Expectations

Block stock is down Friday after the payments company missed expectations for its fourth quarter. Here's what you need to know.

by: Reuters

Exclusive: Abrdn to launch China asset management venture with Citic unit, sources say

Abrdn is in advanced talks with Citic Bank to launch an asset management joint venture in China, two people with knowledge of the matter said, as the British firm looks to bolster its presence in the world's second-largest economy.

by: Reuters

Block shares drop as spending slowdown puts BNPL expansion in focus

Payments firm Block's shares fell 8% in premarket trading on Friday as a slowdown in spending growth fueled investor concerns, turning the spotlight to its bet on buy-now, pay-later lending to drive profits in 2025.

by: Forbes

Progress Over Perfection: Empowering Finance Teams With Digital Fluency

A lot of the conversation centered around adapting leadership capabilities for the digital era and responsibly championing AI integration, exciting but somewhat overwhelming responsibilities. Alas, as the saying goes,

by: Forbes

She Earns More: Redefining Power And Partnership In Modern Families

When women lead financially, they pave the way for healthier, more balanced relationships—but this requires intention and communication.

by: AOL

Should you sign a loan or pay a fee to get your tax refund early? Here's what you need to know

The average tax refund amount was just over $3,100 last year. For many Americans, that money can bring wonders: it could pay several months' rent, be a downpayment for a car, or allow you to buy several shares of tech stock.

by: Bloomberg

Trump's Tariff Wars Leave US Small Business With Nowhere to Hide

American companies of all sizes are on edge over President Donald Trump's tariffs, but it's arguably small business that is most exposed.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry,

by: Fortune

Starbucks hoped mobile orders and the drive-through would save its business. New CEO Brian Niccol says that was a mistake.

Starbucks new CEO Brian Niccol says "I think we got confused that mobile ordering could solve the entire business".

by: Zawya

Microsoft AI Tour showcases groundbreaking AI innovations driving transformation and growth across Oman

The Microsoft AI Tour in Oman underscored the company's unwavering commitment to fostering a thriving digital ecosystem

by: MSN

India's F&B on Ventilator: Archit Singhal's Eye-Opening Book Calls for Urgent Industry Reforms

India's food and beverage (F&B) industry, a key employer of unorganized labor, is facing an urgent crisis. In his latest book, India's F&B on Ventilator, Archit Singhal delivers a powerful analysis of the industry's sluggish growth,

by: MSN

French business activity contracts much more than expected in February, PMI shows

French business activity slumped much more than expected in February, according to a survey published on Friday, as new business and backlogs in the dominant services sector sharply declined. The HCOB France flash purchasing managers index (PMI) for services,

by: cnbctv18

Unsecured loans and digital risks: RBI and bank officials flag challenges

Regulatory oversight, declining CASA ratios, and third-party dependencies are putting pressure on banks to rethink their strategies.

by: Reuters

UK runs record January budget surplus but misses forecasts

Britain's government ran a record budget surplus of 15.4 billion pounds ($19.5 billion) last month, official figures showed on Friday, but in a setback for finance minister Rachel Reeves it was well below economists' and officials' expectations.

by: Bloomberg

Bessent Plans First Call With China Counterpart on Friday

Treasury Secretary Scott Bessent said he will hold his first introductory call with his Chinese counterpart on Friday, and reiterated longstanding US calls for its biggest geostrategic rival to rebalance its economy toward domestic consumption.

by: Forbes

The Future Of Wall Street And Enterprise: Fintech 50 2025

These growing startups are making the most of the AI revolution to save time and spot fraud for financial institutions, investors and founders.

by: Outlookindia

For Banking Technologist Girish Wali, The Real-World Implementation Of AI Is A Necessity For The Present And Future

AI is now mainstream, shaping industries and daily life. Girish Wali, a CitiBank AI expert, pioneers AI-driven banking solutions, cybersecurity, and automation.

by: MSN

Can You Cash a Check at an ATM?

In the realm of banking conveniences, ATMs have long been a cornerstone. Most people depend on them for withdrawals but can you cash a check at an ATM? Here's what you need to know. Can You Cash

by: Yahoo

'Unrestrained': Trump pushes business interests in 2nd term

Reports show that the first lady signed a multi-million agreement with Amazon after a dinner with Jeff Bezos. The 11th Hour looks at the ways Trump's family members appear to have used their connection to the president to boost their bottom line.

by: MSN

Cut deficit, create bold budget moves - Paul Chan's mission impossible?

Hong Kong's government has been urged to push development forward by Beijing, but what does that entail in an era of belt-tightening? Hong Kong's finance chief is expected to deliver his budget speech on February 26 and is under mounting pressure to balance the books.

by: Reuters

StanChart reports 18% rise in annual profit, roughly in line with estimates

Standard Chartered reported on Friday its annual profit rose 18%, roughly in line with analysts' estimates, on strong performance of its wealth and markets business.
Thu, February 20, 2025

by: Yahoo

Beshear: Weather death toll rises to 15, search-and-rescue phase ending

As the director of "Green Lantern," Martin Campbell was far from the first, and certainly not the last filmmaker to deliver a stinker of a DC superhero film. But 14 years after its release, Campbell is unafraid to be honest about its shortcomings — especially the ones he takes personal responsibility for. Speaking to Variety …

by: 7NEWS

INSIDE MEDIA: Neighbours axed again and exposing the secret MAFS contract contestants have to sign

In our column that takes you inside the world of media, we reveal why Neighbours was cancelled a second time | What do Married At First Sight contestants REALLY sign up for to appear on the hit series?

by: CNBC

CNBC Daily Open: Alibaba surges and Amazon beats Walmart

Alibaba posted a 239% year-over-year jump in net profit in the final quarter of 2024, and Amazon's quarterly revenue surpassed Walmart's for the first time.

by: Forbes

IRS Taxpayer Data Is Tightly Restricted By Law. Will This Stop Trump, Musk And DOGE From Gaining Access?

Nixon Administration abuses led to the passage of strict tax privacy laws. That's one reason moves by DOGE to access sensitive data are so controversial.

by: Forbes

7 Free Courses To Learn Data Science Skills That Pay $100,000+ In 2025

Data science offers long-term career growth, remote work, six-figure earning potential, and high job demand. Here are seven free courses to learn this skill in 2025.

by: MSN

IRS layoffs could hurt revenue collection and foil efforts to go after rich tax dodgers, experts say

The layoffs of roughly 7,000 IRS probationary workers beginning this week likely mean the end of the agency's plan to go after high-wealth tax dodgers and could spell disaster for revenue collections,

by: Forbes

Former Indy 500 Winner Tony Kanaan Named Arrow McLaren Team Principal

Arrow McLaren elevated 2013 Indianapolis 500 winning driver Tony Kanaan to the role of Team Principal and Kevin Thimjon as President of the IndyCar team on February 25.

by: Reuters

Crypto worth $99 million withdrawn from Milei-backed Libra token, researchers say

Around $99 million worth of cryptocurrency was withdrawn from the marketplace of a coin at the centre of a scandal in Argentina by eight digital wallets linked to the crypto token's creator, blockchain researchers said.

by: MSN

200+ inspirational quotes for success, work, leadership & finance

If your proverbial tank is getting low, refuel with this list of over 200 poignant motivational quotes curated to inspire and uplift.

by: cfodive

GM tariff playbook includes international inventory cuts, CFO says

by: Fortune

Walmart has kept prices low during inflation and raised pay for managers. Investors aren't happy

Walmart also reported lower quarterly revenue than Amazon for the first time ever.

by: MSN

Gas hangs in the balance of geopolitical peace talks, oil is long-term, says RBC's Helima Croft

Helima Croft, RBC Capital Markets head of commodity strategy, joins 'Power Lunch' to discuss peace talks between Russia and Ukraine and Saudi Arabia's influence on energy.

by: Reuters

PepsiCo joins major US companies in tweaking DEI policies

PepsiCo has joined the growing list of major U.S. companies that are making changes to their diversity, equity and inclusion programs as President Donald Trump pushes to dismantle the practice across the federal government and private sector.

Section 382 Limitations For Tech Companies Dealing With R&D Capitalization Requirements

I've discussed the changes to IRC Section 174 at length in previous articles, warning about the TCJA's change to research and experimental costs under 174, as well as the IRS finally providing some guidance on how to calculate the capitalization.

The article from Forbes Finance Council discusses the implications of Section 382 of the Internal Revenue Code for tech companies, particularly in relation to R&D capitalization requirements. It explains how Section 382 limits the use of net operating losses (NOLs) following an ownership change, which can significantly impact tech firms that often rely on these losses to offset future taxable income. The piece highlights that with the recent changes in tax law requiring R&D costs to be capitalized and amortized over five years, tech companies face increased tax liabilities and cash flow challenges. This necessitates careful tax planning to manage the limitations on NOLs, especially in scenarios involving mergers, acquisitions, or significant equity investments that could trigger an ownership change. The article provides insights on strategies to navigate these tax complexities, emphasizing the importance of understanding the nuances of Section 382 to maintain financial health and strategic growth.

Read the Full Forbes Article at:
https://www.forbes.com/councils/forbesfinancecouncil/2025/02/21/section-382-limitations-for-tech-companies-dealing-with-rd-capitalization-requirements/