By Emilio Parodi MILAN (Reuters) – Italy’s cabinet on Thursday approved a justice reform aimed at strengthening the rights of defendants, measures long advocated by former Prime Minister Silvio Berlusconi who died this week after years of legal battles with prosecutors. The bill, which Giorgia Meloni’s rightist government dedicated to…

When Stacey Marmolejo was looking to expand her music school franchise several years ago, she went to the national bank where she had an account and asked to secure an expansion loan. “I thought my financials and my experience with the bank would be enough,” she says. “But the banker…

Key takeaways Legendary investor Warren Buffett’s company Berkshire Hathaway has increased its stake in five Japanese trading firms to 8.5%, with more increases possible The five companies saw gains on the Nikkei between 3.5% and 1% The Japanese economy has seen a reversal of fortunes in 2023 after decades of…

We believe that Estee Lauder stock (NYSE: EL) is a better pick than the pharmaceutical giant Eli Lilly stock (NYSE: LLY), given its better prospects. Although these companies are from different sectors, we compare them because they have a similar operating income of $8-10 billion. The decision to invest often…

As the student loan pause comes to end and repayment is set to resume, a federal consumer protection agency is warning that millions of borrowers may face new hurdles. Since student loan payments were first suspended over three years ago, the federal student loan servicing system has undergone significant changes.…

We have recently launched our 2023 Global Family Office Compensation Benchmark Report created in collaboration with KPMG Private Enterprise. Based on responses from more than 650 Family Office professionals worldwide, the report examines compensation trends in the Family Office space as well as trends in hiring and governance. Family Offices…

Owning a second home or vacation property can sound enticing. But it can also be very expensive, both in terms of time and money. There are also hidden costs associated with owning a second home. For some individuals and families, buying a vacation home makes a lot of sense. It’s…

Since March 2020, federal student loan borrowers have had their monthly loan payments frozen and their interest rates dropped to 0%. The payment pause was made possible by the CARES Act. And although these benefits were made to be temporary, the Education Department has extended the pause multiple times since…

What’s the catalyst for a serious pullback? That’s what everyone seemed to be debating over the long weekend. Not what will keep stocks advancing, but what will it take to get a real pullback. And by a pullback, I don’t mean a 5% summer pullback. You know that is coming.…

Check out the companies making the biggest moves in premarket trading:Alibaba — U.S.-listed shares fell 2.3% after the China e-commerce giant announced CEO Daniel Zhang was stepping down and will be replaced by Eddie Wu, one of Alibaba’s co-founders. The move follows the company’s announcement in March it was restructuring…