Obviously you can not control or eliminate all potential risks that threaten your company, but...
People have many different opinions about the necessity of life insurance. While some think that it...
People spent a lot of time on discussions the advantages and disadvantages of buying long-term care...
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Like countries, companies rise and fall, and some of them rise again.
I.B.M., which dominated the business of mainframe computers, is perhaps the best contemporary example of such a phoenix-like giant.
Last week Google released Google+ and many of us lost hours of productivity while we begged our in-the-know friends for an invite and then spent the rest of our day building our circles and using the Hangout function to video chat. If you haven’t seen the coverage, Google+ is the search engine’s attempt at creating a social network, aggregating many of Google’s products and allowing users to create distinct circles of contacts to share information with. And it’s a surprisingly good attempt. State of Search created one of the better Google+ User Guides I’ve seen so I’d encourage you to check that out if you’re looking for more info on Google+.
Read that, but then come back here. Because that’s not all Google+ has in store, especially not for small business owners.
Mike Blumenthal interrupted his vacation to share some Google+ forecasting with us offered up by Google VP of Local and Commerce Jeff Huber. In the comment
New York, May 13, 2011 – In response to the growing capital needs of the Life insurance and Annuity industry, Willis Re, one of the world’s leading reinsurance advisors, has established a Life Solutions Group to provide the market with advice on risk mitigation and financial leverage. Willis Re, part of Willis Group , the global insurance broker, has appointed Rick Hodgdon, Mike Kaster and Brian Holland – three highly respected reinsurance and risk management experts in New York to lead the new team. The Willis Re Life Solutions Group will initially focus on North America, providing capital management, structuring and advisory, and program enhancement solutions for the Life insurance and Annuity marketplace. Read more…
SAN FRANCISCO – Providence Equity Partners Inc. agreed to buy Blackboard Inc., a maker of online educational software, for $1.64 billion.
Providence will pay $45 a share in cash for Washington-based Blackboard, the companies said in a statement Friday. The price represents a 21 percent premium over Blackboard’s closing price on April 18, the day before the company said it would evaluate strategic alternatives, the companies said.
Founded in 1997, Blackboard makes software that lets teachers post course materials, conduct discussions and make assignments online. Since April, when the company said it was working with Barclays Capital to review unsolicited buyout offers, Blackboard considered bids from Providence and Hellman & Friedman LLC, a person familiar with the matter said this month.
The deal is “the result of a comprehensive evaluation of our strategic alternatives,” said Michael Chasen, Blackboard’s president and CEO, in the statement. The tra
My son was in the armed forces but, since coming back from Afghanistan with injuries, he has been reliant on state benefits for income. However, he has recently received a large interim compensation payment and more is expected. Will this rule him out of receiving means-tested benefits?
Helen Freely, partner at solicitors Ambrose Appelbe, says that people have a similar problem after personal injury or clinical negligence situations but – in many circumstances – a Personal Injury Trust can be established to protect eligibility for means-tested benefits.
A Personal Injury Trust is a trust fund set up out of damages or compensation paid as a consequence of personal injury.
It can be set up by the recipient of the compensation within 52 weeks of receipt of an interim or final payment. Generally speaking, though, it is better if the cash is not received by the injured individual but paid directly to the trust.
UBS Wealth Management Americas has teamed with the Clinton Foundations Economic Opportunity Initiative to provide guidance to small businesses in underserved communities, UBS announced on June 30.
The program will begin with a six-month pilot period in the New York City area. Businesses will be chosen to participate based on their potential to grow and create jobs. A UBS advisor and a business leader will consult on a pro bono basis with an assigned small business regarding financial decisions and best practices for growing the enterprise.
Group workshops featuring guest speakers will be held to bring together participants.
Former President Clinton has been at the center of good news for small business this week. The announcement of this UBS program came just a day after the kickoff of the latest Clinton Global Initiative meeting, focused on spurring domestic economic growth, kicked off in Chicago.
House Speaker John Boehner this week called for “honest conversations” about Medicare.
Fair enough. Let’s begin this honest discussion by admitting no one knows for sure how to reduce Medicare costs. And that’s a problem, because Medicare expenditures are projected to grow almost 6% a year for the rest of the decade.
To understand why program costs are exploding, you just have to look through the annual Medicare Trustees report on the financial condition of the program. The 2011 report comes out on Friday, but it will surely have the same analysis you can find in all the other reports. If you want to engage in this honest discussion, a good place to start is on page 45 of the 2010 report.
