The Internal Revenue Service denied Yahoo's request for a letter ruling that the company's spinoff of its shares in Alibaba would be tax-free.
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Business Report - Making A Difference
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The #1 Newswire for the latest Business News
Curated by
Enzo Calamo
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Aerojet Rocketdyne Holdings Inc. bid about $2 billion for United Launch Alliance, a joint venture of Boeing Co. and Lockheed Martin Corp. that is the premier supplier of rockets to the Pentagon, according to people familiar with the matter.
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With Yahoo Inc.’s plans to spin-out its remaining shares in Alibaba facing potential taxation by the U.S. government, the value of its proposed spin-out has now declined even more than the drop in Alibaba’s valuation.
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The US Open is one of those iconic sporting events. It showcases the best of New York and the best of tennis all in one venue.
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Caesars Palace is paying federal and state authorities millions for not doing enough to prevent money laundering by high-rolling gamblers from Asia.
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After the US and China, India is the third largest market for Dell
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Getty Images / Alexander HassensteinStephen Schwarzman, CEO and founder of The Blackstone GroupThe biggest private equity investor in real estate is making
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Michelle Mone/QVCBritish millionaire Michelle Mone is one of the country's most successful self-made women.She grew the Ultimo lingerie empire in 1996 from
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REUTERS/Rafael MarchanteThat's gotta hurt.It's no secret that Samsung's smartphone business is struggling.Beset on all sides, the company is losing customers
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HomeawayAirbnb's meteoric growth has shaken the hotel industry to its core, and regulatory fights have followed it in cities from New York to Barcelona.But
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Think there's no such thing as a high-paying, low-stress job? Think again.
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Professors of statistics, literature, and engineering are some of the most impressive at the No. 1 college in America.
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Heineken bought a 50% stake in Lagunitas Brewing.
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The Best Buy shops will occupy about 300 square feet and be staffed by Best Buy employees.
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Smokers have been spending their gas savings on cigarettes.
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The founder of the productivity app has a trick that won't distract your coworkers and can actually be constructive.
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Kalanick and Thuan Pham spent 30 hours talking before Kalanick hired Pham. Now, he's Uber's CTO.
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“Good morning McDonald's. We come in peace. We’d like to propose a one-off collaboration between Burger King and McDonald’s to create something special — something that gets the world talking about Peace Day.
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School kids are just starting to crack their books, but I’ve decided that it’s time to dole out some grades to drug companies. I usually do this in January, but I’ve always meant to do it more than once a year.
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The words 'workplace happiness' may call to mind images of Bay Area tech companies with open workspaces and office fridges stocked with local craft brews.
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The ride-hailing app steamrolled America, but the easy-win days are over. Its path to global conquest now has to go through well-financed and battle- hardened rivals that have seen Uber coming--and know how to beat it.
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The 'Shark Tank' host recently spoke at Inc.'s iCONIC conference about the problem of inflated private company valuations--and why entrepreneurs will wind up better for it.
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Joel Holland, founder of VideoBlocks, describes how adopting a subscription-based model helped him predict future revenue and attract investors.
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Every year, the coffee chain brings back the fall flavor for a limited time. Now a slew of retailers are following suit with their own pumpkin spice products.
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Growth is up and to the right for Airbnb. Nearly 17 million people worldwide booked their guest stays with the peer-to-peer lodging platform this summer,..
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Curated by Enzo Calamo
Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.
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