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Top officials in Berlin were not briefed in advance about an invitation for UniCredit to bid for a German government stake in Commerzbank, according to three people familiar with the events, despite the move opening the door to a full takeover by the Italian lender.JPMorgan Chase bankers who advised the…
Washington and Seoul may strike a cost-sharing agreement for US forces based in South Korea before the end of the year — even though the current agreement does not expire until the end of 2025 — as both sides feel a sense of urgency to get a new deal solidified before the possibility of a…
CTA and Estate Plans and Trusts The Corporate Transparency Act (“CTA”) is a mandate that requires most smaller closely held business entities to file a rather invasive report with the Financial Crimes Enforcement Network of the Treasury Department. The CTA has been written about extensively, but it seems that most…
The first two trading weeks of September have whiplashed investors. Last week was strong as stocks staged a comeback following favorable updates on inflation and a slew of companies at various analyst conferences. September is known as the worst month of the year for stocks. While all three Wall Street…
Grace Carr has been studying, working or volunteering at the same hospital for almost as long as she’s been alive — and at 97 years old, she doesn’t plan on stopping anytime soon. Carr started training to become a nurse at Sacred Heart Hospital (now known as St. Luke’s Sacred Heart…
Mostly large US corporations are projecting an average increase in their base pay budgets of 3.9% for next year, according to a new survey of 300 compensation leaders across 11 major industries from The Conference Board. That is lower than the 4.4% average increase they paid out in 2023, which…
More than three years ago, New Fortress Energy (NFE) acquired Golar LNG Partners in a $1.9 billion transaction that likely saved the debt-laden partnership from a potential bankruptcy filing. Shortly after closing, the partnership decided to delist its 8.75% Series A Cumulative Redeemable Preferred Units (OTC:GMLPF) from Nasdaq. With the…
Wealthy UK and French taxpayers still want to relocate to Italy despite Rome’s recent decision to double its flat tax on the foreign income of rich expats to €200,000 a year.With the looming abolition of Britain’s historic “non-dom” tax regime, advisers claim Italy remains a highly attractive alternative. “People move…
‘Way too close’: Data reporter breaks down election map following debate CNN senior data reporter Harry Enten highlights what post-debate polling shows about the race for the White House for Vice President Kamala Harris and former President Donald Trump. Read the full article here
Forbes screened more than 800 U.S. locales for everything from climate risk to crime to doctor availability. Those that made the cut were compared on leisure offerings—from the arts, fine dining and learning to hiking, skiing, watersports and golf. Here are the top 25. By William P. Barrett, Senior Contributor…