Jet’s Snags Don?t Deter Boeing’s Fans Boeing has been blessed with a nearly perfect environment in which to do business, at least until recently.... Read Full Article Surprise Pressure From Myanmar’s Neighbors The Philippine president suggested that her country might not ratify a new regional charter unless Myanmar committed to democratic reforms and released Aung San Suu Kyi.... Read Full Article A Downtown Impresario’s New Uptown Canvas The philosophy of Joe’s Pub is largely the work of Bill Bragin, a 40-year-old music obsessive from Long Island who has become one of the most influential figures in the New York live-music business.... Read Full Article Baltimore Is Suing Bank Over Foreclosure Crisis Baltimore’s mayor and City Council contend that Wells Fargo’s lending practices discriminated against black borrowers and led to a wave of foreclosures.... Read Full Article $22.8 Million For Mulally Alan Mulally, the chief executive of Ford Motor Company, received compensation valued at $22.8 million in 2007, down nearly 42 percent from the prior year.... Read Full Article |
Advisers NewsFashion boss Harold Tillman to explore sale of Jaeger fashion chainThe retail entrepreneur Harold Tillman has asked advisers to look at his options for selling his stake in the Jaeger fashion chain.Read Full Article Barack Obama sacks adviser over talks with HamasOne of Barack Obama’s Middle East policy advisers disclosed yesterday that he had held meetings with the militant Palestinian group Hamas – prompting the likely Democratic nominee to sever all links with him.Read Full Article Yahoo! says it may accept offer from MicrosoftJerry Yang, the co-founder of Yahoo!, said yesterday that the online search engine may still recommend a hostile takeover from Microsoft after admitting that it had already spent $14 million ($£7 million) in fees to advisers such as Goldman Sachs and Lehman Brothers to fight the approach.Read Full Article At Merrill, Write-Downs and More LayoffsJohn A. Thain, chairman and chief executive of Merrill Lynch, dialed onto a conference call with some of the bank’s 16,660 financial advisers to answer tough questions.Read Full Article The new allure of Ireland as a tax havenThe Government could have another nondom debacle on its hands. This time it’s corporate. Shire, the drugs group that is one of Britain’s top 100 companies, is planning to go nondom and move to Ireland for tax purposes.<br/> <br/> The company tried hard yesterday to avoid creating a political row. But it is unlikely to succeed. By saying that it believed the move would help to protect its tax position, the implication was clear.<br/> <br/> Recent changes to the UK tax regime - not least those involving nondomiciled workers – and present discussions about the rules governing overseas corporate earnings should give any British company with big international operations pause.<br/> <br/> Is the Government going to make the UK tax environment even less attractive? Shire is not waiting to find out. It is shifting domicile to Dublin, where the corporate tax regime is already more friendly. And, just as important, more stable.<br/> <br/> Gordon Brown has been boring on for more than a decade about the importance of stability. As he said in his Mansion House speech in 2006, the key to economic success in a globalising world is not just stability in monetary and fiscal policy but also “stability through a stable and competitive tax regime”.<br/> <br/> Yet the UK tax regime has been anything but stable and has become progressively less competitive. For many business leaders, the recent changes to capital gains tax – which reversed the reforms that Mr Brown introduced ten years ago – and the assault on nondom workers was the last straw. They have lost confidence in the Government’s commitment to stability and competitiveness.<br/> <br/> Some companies have already voted with their feet. When Experian was demerged from GUS in 2006, it opted to be based in Ireland. A number of American companies, including Kraft and Yahoo!, have switched their European headquarters to Switzerland. Shire is the first FTSE 100 company to shift its domicile, but tax advisers say that a number of others are considering it.<br/> <br/> For the UK, the immediate impact of Shire’s move will be largely symbolic. It is not shifting any more people to Ireland, where it already has an operation, and merely will move its board meetings to Dublin. It will not pay any less tax on its UK profits and at present it does not pay any UK tax on its overseas profits (although it feared that it might in future). But it is now bound to think differently about the relative merits of the UK and Ireland in terms of future expansion. Britain has benefited greatly from the growth in the number of international companies based in London in recent years. Unless the Government wakes up to the threat, more will be lured away by that warm Irish welcome.Read Full Article External News for: advisersWhite House Advisers Defend Obama Criticism of Supreme Court - FOXNewsFOXNewsWhite House Advisers Defend Obama Criticism of Supreme CourtFOXNewsPresident Obama was correct on both policy and decorum when he stated his views on a controversial Supreme Court ruling during his State of the ...Confident Axelrod challenges GOP: 'Make my day'The HillAxelrod: Passing health care bill can help Dem in midtermsCNN Political Ticker (blog)UPI NewsTrack TopNewsUPI.comall 1,223 news articles »White House Advisers Defend Obama Criticism of Supreme Court - FOXNewsFOXNewsWhite House Advisers Defend Obama Criticism of Supreme CourtFOXNewsPresident Obama was correct on both policy and decorum when he stated his views on a controversial Supreme Court ruling during his State of the ...Confident Axelrod challenges GOP: 'Make my day'The HillAxelrod: Passing health care bill can help Dem in midtermsCNN Political Ticker (blog)UPI NewsTrack TopNewsUPI.comall 1,223 news articles »Rape victims should be offered 'specialist advisers' - BBC NewsBBC NewsRape victims should be offered 'specialist advisers'BBC NewsRape victims should have a specialist adviser to support them after an attack, a major review in England and Wales has recommended. ...Advisers urged for rape victimsThe Press AssociationCall for advisers to help victims of rape (pic posed by model)UK ExpressSpecialist care for rape victims is 'high priority'MetroTimes Onlineall 49 news articles »White House Advisers Defend Obama Criticism of Supreme Court - FOXNewsFOXNewsWhite House Advisers Defend Obama Criticism of Supreme CourtFOXNewsPresident Obama was correct on both policy and decorum when he stated his views on a controversial Supreme Court ruling during his State of the ...Confident Axelrod challenges GOP: 'Make my day'The HillAxelrod: Passing health care bill can help Dem in midtermsCNN Political Ticker (blog)UPI NewsTrack TopNewsUPI.comall 1,223 news articles »Rape victims should be offered 'specialist advisers' - BBC NewsBBC NewsRape victims should be offered 'specialist advisers'BBC NewsRape victims should have a specialist adviser to support them after an attack, a major review in England and Wales has recommended. ...Advisers urged for rape victimsThe Press AssociationCall for advisers to help victims of rape (pic posed by model)UK ExpressSpecialist care for rape victims is 'high priority'MetroTimes Onlineall 49 news articles »Lehman's advisers were guard dogs that didn't bark - The GuardianBBC NewsLehman's advisers were guard dogs that didn't barkThe GuardianLehman's chief Dick Fuld could not have spun this web of self-delusion without having a team of advisers on his side. After Enron's collapse led to the ...Fraud charges loom for Lehman BrosIndependentLehman report - more litigation on the wayCitywire.co.ukLegal Experts Say Lehman Criminal Case Would Be DifficultWall Street JournalTimes Online -BusinessWeek -Telegraph.co.ukall 1,221 news articles » |
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