business / finance news stories aggregated by FeedZilla.com
Fri, 30 Jul 2010 8:37:53 AM EST
A survey by Watson Wyatt found that the number of companies that use target-date or lifecycle funds as their default investment option has increased sharply in the last few years, from 38 percent in 2006* to 62 percent today. (source: Watson Wyatt) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
The IRS is going to require a lot more reporting from small business. You will need to report via a 1099 ever person and business you do business with. This will be a huge burden on the small business... (source: E-Zine) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
Partnerships doing business in the U.S. are responsible for making tax payments of 35% of income allocated to foreign partners. These payments are due quarterly, with final payment due with the partnership return. Withholding tax payments of 30% are also d... (source: E-Zine) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
Kuwait's Investment Dar has said a Kuwaiti court has granted the country's central bank four more months to submit a report on the Islamic investment firm's debt restructuring plan, Reuters has reported. Dar, which has been trying to restructure about KD1b... (source: AME) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
Dubai Investments, the largest investment company listed on the Dubai Financial Market, reported a 32% decline in second-quarter profit as investment income dropped. Net income fell to Dhs196.3m ($53m) from Dhs287m a year earlier, the company said in a sta... (source: AME) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
America's grasshopper generation which includes every citizen of voting age following the greatest generation is facing adversity at almost every turn. Their refusal to even modify their addictive consumption habits guarantees the next two or three generat... (source: E-Zine) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
Bahrain-based Gulf International Investment has been shut down by authorities over alleged violations, Gulf Daily News has reported. Authorities did not provide details on whether the closure was temporary or permanent. GII is an investment firm that raise... (source: AME) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
Good reaction: Chemical company Ineos raised ?870m on the high-yield market The European high-yield market was, for years, driven by leveraged buyout activity. Now corporates are accessing the market in their own right. So, is European high yield coming of... (source: The Banker) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
The cranes in Spain: a collapse in Spain's property market has created significant difficulties for the country's financial institutions Once considered one of the better-placed survivors of the financial crisis, the property bubble bursting in Spain has h... (source: The Banker) - Share on Twitter - Share on Facebook - RSS feeds and Widgets on Feedzilla.com
Many Western banks are rebounding from the huge losses of 2008 and have strengthened their grasp on the top of the rankings, but elsewhere the pain is just beginning. Philip Alexander reports. (source: The Banker) - Share on Twitter - Share on Facebook - RSS and RSS Feed on Feedzilla.com
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