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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Senate backs online sales tax plan

Category : Business

An online sales tax bill heads to the US House of Representatives after Senate passage, as brick-and-mortar shops call for a “level playing field”.

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Apple proves lower tax rate won’t matter

Category : Business

A lower corporate tax rate won’t deter companies from playing tax and accounting games. Just look at Apple’s math.

Follow this link: Apple proves lower tax rate won’t matter

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VIDEO: How a liquor brought down EU barriers

Category : Business

The EU seeks to protect one of its core principles – the single market – which aims to offer a level playing field for businesses across the continent.

Original post: VIDEO: How a liquor brought down EU barriers

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NFL Safety Kerry Rhodes Comments on Release From the Arizona Cardinals

Category : Stocks

LOS ANGELES, CA–(Marketwire – Mar 13, 2013) – “Playing with the Cardinals has been one of the most rewarding experiences of my career. I want to thank my coaches, teammates and Arizona fans everywhere for making the last three years truly remarkable. Change is always exciting and I’m optimistic about what the future holds. Wherever I go or whatever I do, I look forward to working hard and giving 110%, as always.”

Go here to read the rest: NFL Safety Kerry Rhodes Comments on Release From the Arizona Cardinals

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VIDEO: Are luxury hotels value for money?

Category : Business, World News

Details have been released of the £14,000-a-night hotel suite at Le Bristol hotel in Paris, where David Beckham will live for five months while playing for Paris St-Germain.

See the rest here: VIDEO: Are luxury hotels value for money?

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Prince Harry got a hero’s welcome – but he’ll be under fire again soon

Category : Business

The press is according the prince the reverence due to his military service. But that doesn’t mean they’ve forgotten how he disparaged them

Home (or almost home) is the hero to a oleaginous welcome from Nicholas Witchell and assorted royal correspondents. Hey! Prince Harry may say the press writes “rubbish” and behaves unacceptably when he cavorts naked in Las Vegas bedrooms, but he’s spent nearly five months in Helmand and deserves a certain reverence – which is duly delivered, even by those he’s slagging off.

A masterly PR coup for the palace? Don’t believe it. Newspapers, for good or ill, tend to remember the slights inflicted on them, and to reckon there’s always a payback. That might be deplorable, but it’s also life (on the Daily Mirror already, as it happens) – as the hero of “playing hard” may come to realise the next, inevitable, time he’s out and about and his spinners have stayed at home.

Letters:Tax-break treatment for health firms

Category : Business

You quote David Cameron as saying he wanted to “turn the NHS into a fantastic business” (Private NHS providers in line for tax cut, 14 January). The NHS was not conceived as “a business” but as a service for everyone in the UK, free at the point of delivery. A business will, rightly as a business, seek to provide a good profit and return on investments.

Yes, the NHS faces difficult decisions – such as where should be the boundary between free treatment and conditions that should be paid for (eg some cosmetic procedures). But improvement to the operation and efficiency of an organisation is likely to be best achieved using knowledge and resources already within that organisation – not by turning part or all of it into private business activities.

If companies want to offer health treatment facilities, fine, and there is a need for that. But that is done on a business model, within a business environment – and that includes paying VAT and corporation tax. It is not a “level playing field” to compare an organisation, such as the NHS or a charity, with a business.
John Chubb
Cheltenham, Gloucestershire

• Your article inaccurately states that Monitor has written a draft of the Fair Playing Review report “sympathetic to the private sector demands” for exemption from corporation tax on profits made from NHS services. The article quotes a source claiming to have seen a draft of the final review, when in fact no such draft has been written.

Monitor has received representations concerning tax from providers from the charitable sector as well as the private sector. In addition we have received representations that other factors disadvantage the public sector, such as complying with FOI requirements or employee benefits. We have had responses and held detailed conversations with providers from all sectors and we are taking time to analyse the evidence before drawing our final conclusions.

The secretary of state asked Monitor to undertake the Fair Playing Field review as an independent report. It will report at the end of March. Monitor has a statutory duty to promote and protect the interests of patients and any suggestion that we are working on behalf of the private sector misrepresents our core duty.
Dr David Bennett
Chief executive, Monitor

• Social enterprises are not to be conflated with private firms that distribute profits to shareholders. While some employee-owned businesses are social enterprises, many, including Circle Healthcare, are not. Social enterprises exist for the people – they reinvest their profits to improve patient care, have strong track records of delivering health services and are accountable to the taxpayer. As health markets are opened up to competition, it’s crucial that the distinction is clear in the minds of the public and commissioners.
Peter Holbrook
Chief executive, Social Enterprise UK

• Paying corporation tax seems to be a more than fair exchange for the opportunity to make a profit off the back of medical staff whose degrees were funded by the taxpayer. There is no shortage of private companies bidding for NHS contracts under the current terms, so no “incentive” is required; tax breaks would be a cynical misuse of public money earmarked for the NHS.
Clare Brown
Bridford, Nottingham

• The NHS has professional and educational development responsibilities for doctors, nurses and all healthcare staff, all of which is a hidden cost. If there were a professional education and development tax on all former NHS staff working in the private sector, related to their years of pre- and post-qualifying training, this would be a fairer playing field.
Professor Colin Pritchard
Bournemouth

• Reports that the government wants to give tax breaks for private companies in the NHS come as no surprise to those like UCU fighting similar plans in higher education. Private companies have been lobbying hard for the VAT exemption granted to charitable universities and colleges. We must stop the government indulging in yet more corporate welfare at the expense of public services.
Sally Hunt
General secretary, University and College Union

San Diego Man Wins $438,894 Jackpot Playing Wheel of Fortune(R) Progressive at Barona Resort & Casino

Category : Stocks, World News

SAN DIEGO, CA–(Marketwire – Nov 26, 2012) – One San Diego resident is extra thankful this holiday season because he hit it big at Barona Resort & Casino this weekend with a six-figure jackpot playing Wheel of Fortune®.

Link: San Diego Man Wins $438,894 Jackpot Playing Wheel of Fortune(R) Progressive at Barona Resort & Casino

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Goldman Sachs (GS) "operates via institutionalized paranoia," writes Michael Santoli in a bullish Barron’s cover story. In other words, Goldman behaves as IB’s did in the days when a partner’s capital was actually on the line. Executives…

Category : World News

Goldman Sachs (GS) “operates via institutionalized paranoia,” writes Michael Santoli in a bullish Barron’s cover story. In other words, Goldman behaves as IB’s did in the days when a partner’s capital was actually on the line. Executives known for risk management are promoted (contrast to Citi’s Chuck “Gotta dance while the music’s playing” Prince), giving investors – with shares on offer for 90% of TBV – a bit of comfort no matter how turbulent markets may become. Post your comment!

Read more here: Goldman Sachs (GS) "operates via institutionalized paranoia," writes Michael Santoli in a bullish Barron’s cover story. In other words, Goldman behaves as IB’s did in the days when a partner’s capital was actually on the line. Executives…

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Is Romney playing race card on welfare, birth certificate? – NBCNews.com

Category : Stocks


NBCNews.com
Is Romney playing race card on welfare, birth certificate?
NBCNews.com
The Hill's Karen Finney and the Washington Post's Jonathan Capehart debate whether Mitt Romney is playing dog whistle politics with attacks on welfare and “jokes” about President Obama's birth certificate ahead of his big rollout at the GOP convention.
Poli-bites: Mitt Romney tied with Barack Obama in Michigan, poll showsDetroit Free Press
Levin: Romney spins falsehoods on welfare reformThe Detroit News
Mitt Romney Suggests Obama Welfare Waivers Are A Tactic To 'Shore Up His Base'Huffington Post
Kansas City Star

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