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Facebook UK staffers are in for a big treat. The company will pay £280 million ($396 million) to its UK-based staff over the next three years to offset the amount of tax it has to pay to the UK Treasury. Each employee is set to receive £775,000 ($1.1 million), which Facebook will list as a taxable expense. News […]
If you are trying to decide among various career paths there are many considerations to make. Obviously you want to be happy over the long-term, but you also probably want a certain level of prosperity. US News & World Report recently released its 2016 Best Jobs rankings, which showcases the best occupations in the United […]
Home security and alarm maker ADT started as a telegraph service in 1874 and morphed into the nation’s largest home security company. On Tuesday, it announced it was being sold for $7 billion. The company is being snatched up by private equity firm Apollo Global Management for $42 per share, a 56% premium on Friday’s closing […]
Famed investor Jim Rogers believes Central Bankers have no idea how to do their jobs and we’re all going to pay the price for their moronic choices. “We’re all going to pay a horrible price for the incompetence of these central bankers,” he said Monday in a TV interview with CNNMoney’s Nina dos Santos. “We […]
Global banking giant HSBC has decided to keep its headquarters in London, England, after flirting with the idea of a move to Hong Kong. The company conducted a 10-month review amid concerns that tougher regulations and higher taxes in the UK would financially damage its business. The company’s board of directors unanimously voted to stay in the British capital, […]
HSBC Holdings PLC has agreed to pay $470 million to settle federal and state allegations of abusive practices in its US mortgage business. The British bank will compensate some customers who lost their homes or had their loans modified. The bank must also make major changes to the way it services mortgages and handles foreclosures. An […]
Because of my background in data mining for business purposes my friend John recently sent me an email with the subject: Top 100 Jobs Hiring Near Me?” At first I thought he was going to ask for my insight into which jobs he should apply for. Instead, like many job seekers, John was attempting to […]
Yahoo Inc. is planning to cut 10% of its overall workforce and it could begin the process in January, according to a report from Business Insider. “We are not confirming this rumor or commenting further”, Sarah Meron, a spokeswoman for Yahoo told Reuters on Thursday in an e-mail. If the news is accurate it would […]
Oil prices fell on Tuesday as investors continued to worry about economic growth in China and the US dollar continued to pick up strength. Brent crude prices, a global benchmark for oil pricing, fell by 17 cents to $37.05 a barrel while US West Texas Intermediate crude fell by 7 cents to $36.69 a barrel. […]
The person delivering your Sunday edition of the Boston Globe might very well be the person who wrote one of the very same paper’s news stories. Over the last week the Boston Globe has been hit with major delivery problems which have apparently angered the paper’s journalists. Writers and editors at the paper are now […]
Just like people, most corporations tend to swing one way or another on the political scale. This is due to several factors, from the CEO’s political affiliation to that of its stock holders. It also depends on the people who heavily endorse the product. The business world has its own politics game to play and […]
Violent weather in the North Sea has left one worker dead and prompted an evacuation after a barge broke loose in the storm. Statoil, a Norwegian company, and China Oilfield Services Limited, issued a statement saying they had learned “with great sadness” that one person had died and two were injured after a wave broke over […]
