Month: February 2017

FCC made a case for limiting cost of prison phone calls, but not anymore

Federal regulators no longer are pressing to cut the costs of most prison phone calls, backing away from a years-long effort to limit charges imposed by a handful of private companies on inmates and their families. The shift by the Federal Communications Commission comes as the U.S. Court of Appeals for the D.C. Circuit on Monday considers whether commissioners went too far when they capped prices for inmate calls that had reached more than a $1 per minute.

Work From Home? This Tax Deduction May Be for You

If you work from your home and have a dedicated home office you use, then you may be entitled to the home office deduction, which could save you hundreds or even thousands of dollars on your tax return. Here’s what the IRS considers to be a “home office,” how much your deduction could be, and how to claim it on your tax return.

Why Salesforce.com Stock Fell 12% in 2016

The stock had slumped by as much as a third early in the year — and was up by almost double digits after a strong second-quarter report. Yet it ended 2016 significantly trailing both rival Oracle By all accounts, the company had a strong operating year.

Shyamalan’s ‘Split’ leads box office for third weekend

M. Night Shyamalan’s multiple personality thriller “Split” led the box office for a third-straight week, a fairly unprecedented streak for a low-budget horror film. According to studio estimates Sunday, “Split” came out on top again with $14.6 million in North American ticket sales, bringing the Universal Pictures release’s three-week haul to $98.7 million.

The End Of The Level Playing Field

I am old enough to remember the gogo days of cable TV when entrepreneurs who wanted to launch a new cable channel would go, hat in hand and cap table in tow, to the big cable companies and beg to get distribution on their networks. When the Internet came along in the early 90s, we saw something completely different.

Trump’s Border Tax Could Be a $23.3 Trillion Headache

As was to be expected in going from the Obama administration to the Trump administration, we’ve seen a number of notable changes during Donald Trump’s first two weeks in office. For instance, Trump has signed off on legislation to ease the burdens of the Affordable Care Act, as well as removed the U.S. from entering into the Trans-Pacific Partnership.

Three Keys to Surviving the Next Correction

By James E. Wilson via our partners at Iris.xyz As most of us discovered in South Carolina’s historic flood, it is best to prepare for extreme conditions when everything is calm. The same principle applies to how we think about our investments.

Detroit Automakers Slip Amid a Slight January Sales Slowdown

Auto industry sales volume slipped 1.9% year over year in January, from 1.16 million light vehicles sold during January 2016 to 1.14 million last month. On the bright side, January’s seasonally adjusted annualized sales rate of 17.57 million outpaced Wall Street’s consensus forecast of 17.3 million, even if it was slightly below last year’s 17.62 million result.

3 Reasons TransEnterix Inc Stock Could Fall

Investors were hoping the company would win regulatory approval for its low-cost SurgiBot system, but those hopes were dashed after the U.S. Food and Drug Administration In response, TransEnterix has shifted all of its resources to the launch of itsSenhance Surgery system, which was formerly called the ALF-X. While it is possible that the Senhance system could go on to become a smashing success, here’s a look at three reasons why TransEnterix’s stock could continue to disappoint investors.

3 Mid-Cap Stocks to Buy in February

Sometimes the stock market’s top bargains are hiding in plain sight. Mid-cap stocks, or those with market caps between $2 billion and $10 billion, tend to be particularly attractive to growth and value investors since they usually have established and profitable business models, along with plenty of room for business development.

U.A.E. to Adopt System Seeking to Lure Top Foreign Talent

The U.A.E. government approved a new visa system designed to attract top foreign talents in fields such as medicine, science and research to the country, Prime Minister Sheikh Mohammed bin Rashed Al Maktoum said on Sunday. “The United Arab Emirates is the land of opportunities,” Sheikh Mohammed said on Twitter after the cabinet meeting.

Why it’s a good idea to file your taxes early

Tax season is here, and while you have until April 18 to file your return, you may want to think about doing so sooner rather than later. Here are a few expert tips on why: Identity theft is a growing problem and one often tied to tax refund fraud, said Mark Steber, chief tax officer at Jackson Hewitt Tax Service.

Why 3D Systems Stock Soared 24% in January

The diversified 3D printing company’s stock has gained 117% in the one-year period though Feb. 2. There was no material news about 3D Systems’ business performance or outlook in January. The stock’s big jump can largely be attributed to buyout rumors.

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It’s estimated that only 41% of Americans use a budget to keep tabs on their spending. But having a budget will only get you so far if you don’t commit to sticking to it.

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It’s estimated that only 41% of Americans use a budget to keep tabs on their spending. But having a budget will only get you so far if you don’t commit to sticking to it.

How Big Beer Companies Exert Their Dominance

They can try to fight the big beer powers , or join forces, something Craft Brew Alliance This complicated structure of beer production and distribution exists to leverage state laws and the way role distributors play in the industry.Here’s how the industry’s power plays out in the years ahead. Beer doesn’t simply go from a major brewery to liquor stores and bars around the world.

Dubai Said to Agree $3 Billion Loan to Fund Airport Expansion

Dubai agreed a $3 billion loan with banks to fund the expansion of Dubai World Central airport and logistics hub as it prepares to host the World Expo in 2020, people familiar with the matter said. The emirate will pay interest of 200 basis points, or 2 percentage points, above the London Interbank Offered Rate on the seven-year facility, said the people, asking not to be identified because the talks are private.

Oakland restaurant faces $841K fine over shoreline dispute

The popular Scott’s Seafood Restaurant in Jack London Square is fighting an $841,000 environmental fine in a case that has fanned debate about public access to the San Francisco Bay shoreline. Representatives of Scott’s Seafood Restaurant accuse the staff of the San Francisco Bay Development Commission of being overzealous for proposing such a high fine in response to additions to an outdoor pavilion the restaurant uses for parties, weddings, fundraisers and other events.

May’s Brexit Plan Imperiled by Tory Rebellion, Lawmaker Says

U.K. Prime Minister Theresa May is facing a revolt from as many as 27 lawmakers in her ruling Conservative Party who want to “wreck” her Brexit law, a prominent anti-Europe campaigner said. Members of May’s party could derail her plan to trigger the start of the U.K.’s exit from the European Union by supporting amendments to the draft law in Parliament next week, said Steve Baker, chairman of a group of pro-Brexit Conservative lawmakers.

CRTC hearing to tackle costly and hard-to-control cellphone charges

The current wireless code didn’t help cellphone customer Rosemary Pick, who got dinged for about $1,700 in data overage charges when her son approved exceeding the cap without her knowledge. Sophia Harris has worked as a CBC video journalist across the country, covering everything from the start of the annual lobster fishery in Yarmouth, N.S., to potash prices in Saskatchewan.

December | 2014 | TV & Radio

The founder of the Austin-based Bikinis Sports Bar and Grill chain is catching all kinds of heat on social media after an appearance last night on the CBS network’s “Undercover Boss.” We waved goodbye to well-known newscasters and watched as our friends and neighbors were featured on a host of nationally televised shows, among other things.

FCC is stopping 9 companies from providing subsidized Internet to the poor

FCC chief Ajit Pai, shown in 2013, said Friday that the approvals of nine companies to participate in the Lifeline program “did not enjoy the support of the majority of commissioners.” FCC chief Ajit Pai, shown in 2013, said Friday that the approvals of nine companies to participate in the Lifeline program “did not enjoy the support of the majority of commissioners.”

How Investors Can Turn Losses Into Tax Breaks

Losing money on your investments is never fun, but there can be a silver lining when you sustain losses in a taxable investment account. Selling losing holdings to generate capital losses can feel good at tax time when you file your return, as it will reduce your taxable income within certain limitations.