[ad_1] Robert Mercer, one of President Trump’s top financial supporters, is being sued by a former employee of his investment firm who says he was fired for complaining publicly about Mercer’s political views. The suit was filed in federal court in Philadelphia on Friday by David Magerman, who was a …
Read More »Swiss voters reject corporate tax overhaul…
[ad_1] Voters in Switzerland have shocked the political establishment by rejecting a reform plan that would have brought the country’s corporate tax system in line with international norms. The tax reforms, which were widely supported by the business community, would have removed a set of special low-tax privileges that had …
Read More »Coach buying Kate Spade in $2.4 billion deal…
[ad_1] Coach has just bagged itself a deal. The luxury handbag maker has announced plans to buy competitor Kate Spade in a deal worth $2.4 billion. Coach (COH) will pay $18.50 in cash for each Kate Spade share — an increase of nearly 30% from where the stock was trading …
Read More »Yellen's solution for the US economy: More working wome…
[ad_1] America’s most powerful economist has a solution for slow growth: Get more women working. If women worked at the same rate as men, the US economy would be 5% bigger, according to Federal Reserve Chair Janet Yellen, who cited a 2012 study. “We, as a country, have reaped great …
Read More »Bernanke: Divide in Congress is 'extraordinarily strong…
[ad_1] Ben Bernanke isn’t optimistic that Democrats and Republicans will be reaching across the aisle anytime soon to help the US economy. “The partisanship is extraordinarily strong,” Bernanke told CNN’s Fareed Zakaria in an interview that aired Sunday. “It’s going to make it harder for Democrats and Republicans to come …
Read More »Women are reshaping the gun industry…
[ad_1] Women are buying handguns in record numbers — especially weapons that are small enough to conceal. But they are frustrated by the lack of firearm accessories catering to them. So some are starting companies of their own to tailor products to women. “I thought to myself, ‘Where’s all the …
Read More »Kushner family in Beijing: 'Invest $500,000 and immigra…
[ad_1] The Kushner family hopes to lure investments from wealthy business owners in China with the promise of American visas. Nicole Kushner Meyer, the sister of White House adviser and President Trump’s son-in-law Jared Kushner, spoke at an event in Beijing on Saturday. She was marketing a Kushner-owned property in …
Read More »Trump brand takes another hit…
[ad_1] Nordstrom. Neiman Marcus. TJ Maxx. And now, Sears and Kmart. Sears Holdings, the company that owns retail stores Sears and Kmart, reportedly said this weekend that it would remove 31 Trump-branded items from its website. The company pulled the products as part of a plan to focus on its …
Read More »FCC is reviewing complaints about Colbert's Trump jokes…
[ad_1] Right now there’s a severe overreaction to the FCC chairman’s comments about Stephen Colbert. No, the government is not trying to muzzle one of the most famous comedians in America because he made a vulgar joke about President Trump. Colbert is not being censored. Despite all of Friday’s social …
Read More »3 things to know about health savings accounts…
[ad_1] While much of the U.S. health care system is in flux since Republicans passed a new health care bill Thursday, health savings accounts — or HSAs — aren’t going away. In fact they’re likely to get bigger and more popular if the new bill ever becomes law. The proposed …
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