Sat, February 22, 2025

by: ESPN

NBL's Tasmania JackJumpers finally have a new owner

After a lengthy search for new ownership, Larry Kestelman and the NBL have sold the Tasmania JackJumpers to Brisbane-based private equity firm Altor Capital.

by: MarketWatch

Will your tax preparer save you money or make costly mistakes? Look for these red flags.

After your accountant prepares your tax returns, you look them over, sign your name and sigh. You can't help but wonder whether something's amiss. Did you pay too much (or too little)? Did you forget anything?

by: rnz

David Seymour announces Overseas Investment Act overhaul

The government has announced plans to make it easier for New Zealand businesses to receive new investment" from overseas.

by: Reuters

Exclusive: U.S. piles pressure on Iraq to resume Kurdish oil exports, sources say

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran, eight sources with direct knowledge of the matter told Reuters.

by: Week99er

Is Qubetics the Top Crypto Presale with 12,286% ROI? Immutable X and Quant Leading Web3 & Institutional Adoption

Discover if Qubetics is the top crypto presale with massive ROI, while Immutable X dominates Web3 gaming & NFTs, and Quant bridges blockchain with institutions.

by: AOL

Blue Origin Prepares for Layoffs. Here's What Space Stock Investors Need to Know

Boeing (NYSE: BA) investors got a bit of a shock last week, when word leaked out that the aerospace company's ailing defense and space division, known as BDS, is bracing for layoffs. This dedicated space business builds everything from rockets to satellites to missile defense systems,

by: Zawya

Al Baraka Group achieves consolidated net income of $309mln for the year ending 2024

Manama: Al Baraka Group B.S.C. (C) ("Group") has achieved a significant leap in its financial performance during the last three months of 2024 and for the year as a whole, compared to 2023.

by: Fortune

Buffett says Berkshire 'will forever' deploy most of its capital in equities and never prefer cash over good businesses

"In effect, I have depended on the success of American businesses and I will continue to do so."

by: TechCrunch

Augury and Hightouch are in the unicorn club

Welcome to Startups Weekly — your weekly recap of everything you can't miss from the world of startups. Want it in your inbox every Friday? Sign up here.

by: Forbes

From Memes To $500 Million In Revenue: The Pump.Fun Phenomenon

Pump Fun has made it easy for anyone to launch a memecoin. And the founders have made become multi-millionaires in the process.

by: eNCA

Organisations want Finance Minister to speak on SME's on 2025 budget

On Wednesday, Finance Minister Enoch Godongwana planned to announce an increase of 2 percentage points in VAT during the 2025 budget speech. However, objections within the Government of National Unity forced the minister to delay his speech. Critics argue that increasing VAT would come at a dire human cost, especially for the poor.

by: AOL

Mercedes-Benz won't be following Tesla and Elon Musk into robotaxis

The Cybercab was unveiled last October at a glitzy event at a Warner Bros. studio in Burbank, Calif. It's a battery-powered autonomous car without a steering wheel or pedals. It's currently being beta tested in the Bay Area, where Tesla employees hail rides using an app, though the vehicles still feature safety drivers.

by: GOBankingRates

I'm a Bank Teller: 9 Reasons You Should Never Ask for $2 Bills From the Bank

Two dollar bills -- what grandfather doesn't love giving them and what kid doesn't love getting some extra money? But they're not all whimsy and fun times -- in fact, bank teller Rachael P. said

by: AOL

America's foremost DEI shareholder activist warns that anti-diversity groups are forcing companies to underperform

Removing obstacles to women and people of color creates a true meritocracy, and shareholders know that's good for business, says Andy Behar, CEO of As You Sow.

by: Week99er

Qubetics Secures $13.5M as the Best Crypto Presale for 2025, While Litecoin Price Prediction Shake Up the Market

In the crypto market recent developments have captured the attention of investors and enthusiasts alike. Canary Capital's proposed Litecoin Spot ETF has been listed on the Depository Trust & Clearing Corporation (DTCC),

by: Kiplinger

Social Security Fairness Act Adds to Pressure on Safety Net

While the law seeks to level the playing field for many federal employees, the sustainability of the Social Security system is now facing even more challenges.

by: MSN

Leadership and business culture in startups: How to build a motivated team

In the dynamic world of startups, effective leadership and a strong organizational culture are crucial for success.

by: MSN

'Carol from accounts': Row erupts at Cheshire West and Chester Council meeting

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: Tuko

University of Kabianga Advertises 20 Vacancies for Job Seekers

The University of Kabianga has announced 20 job vacancies, offering opportunities for both academic and non-teaching staff. The positions include lecturer roles.

by: CNN

Dow tumbles more than 700 points as inflation and tariff fears mount

US stock markets fell sharply Friday after an economic report showed American consumers are growing increasingly fearful of price increases and how President Donald Trump's tariffs could reignite the inflation crisis.

by: MSN

After 150 Years of Friendship, the U.S. and Canada Come to Blows

Tariff threats and talk of making Canada the 51st state have unleashed rancor and instability into one of the world's most powerful partnerships

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: Forbes

China Market Update: Alibaba Goes Ballistic, Finance Minister Talks Consumption, Week In Review

Asian equities ended a positive week on a high note, led by Hong Kong and Mainland China-listed growth stocks following Alibaba's financial results, which were reported after the close in Hong Kong yesterday.

by: Reuters

What private equity can teach executives about metrics: Fridson

Wall Street is often blamed for reducing corporate managers' understanding of business to a single, gameable measure of success: quarterly earnings versus analysts' consensus forecast.

by: MSN

NetEase's Billionaire CEO Slashes Jobs and Games in Profit Push

After years of expanding overseas, video-game billionaire William Ding is hitting the brakes at NetEase Inc., the pioneering Chinese company behind hits like Eggy Party and its newest blockbuster Marvel Rivals.

by: MSN

Euro zone business activity stuck in a rut, PMI shows

Euro zone business activity saw very tepid growth in February as demand fell at a faster pace and an expansion in services barely offset a long-running decline in manufacturing, a survey showed. HCOB's preliminary composite euro zone Purchasing Managers' Index,

by: MSN

Blockchain interoperability will accelerate institutional success

In recent years, we have witnessed a significant shift in traditional finance (TradFi), as legacy institutions have begun to adopt decentralized technologies and explore strategies that include the distinct advantages of blockchain technology.

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: MSN

A free investment conference to capitalize on global trends

The 14th International Investment Forum (IIF), scheduled for February 25, will bring together 20 prospective companies in key industries to discuss their value propositions and answer questions from investors ・This year's iteration aims to address ongoing political,

by: Reuters

MercadoLibre's fourth-quarter net profit beats forecast, shares jump

Latin American e-commerce giant MercadoLibre posted a better-than-expected quarterly net profit on Thursday, up nearly four-fold from the same period a year earlier and sending its shares up more than 12% in after-hours trading.

by: Forbes

What Argentinian Economic Reforms Could Mean For Investors

As an independent financial advisor, I've seen how these reforms have reshaped investment strategies for clients looking to diversify their portfolios in emerging markets.

by: Reuters

Tariffs, federal government spending cuts restrain US business activity

U.S. business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spending, erasing all the gains notched in the aftermath of President Donald Trump's election victory.

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: Forbes

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.

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.

The article from MSN discusses a lawsuit filed by a local business against the city concerning the development of a rail project. The business, identified as a long-standing establishment in the community, claims that the rail development has caused significant disruptions, including noise, vibrations, and reduced accessibility, which have adversely affected their operations and customer base. The lawsuit argues that the city failed to adequately address these issues or provide sufficient compensation or mitigation measures. The rail project, aimed at improving transportation infrastructure, has been a point of contention, with local businesses feeling neglected in the planning and execution phases. The business is seeking damages for loss of income and is also requesting that the city implement immediate solutions to minimize the ongoing impact of the construction.

Read the Full MSN Article at:
https://www.msn.com/en-us/money/general/local-business-sues-city-over-issues-related-to-rail-development/ar-AA1zyyMX