Swiss startup SEBA raises funds to build crypto bank

Swiss startup SEBA raises funds to build crypto bank

Swiss startup SEBA Crypto AG has raised 100 million Swiss francs ($103 million) to build a bank offering cryptocurrency services to companies and investors while extending traditional banking services to firms in the new industry.

Security Recommendations: Scammers scheming around Oct. 15 deadline; Here’s what to do

Security Recommendations: Scammers scheming around Oct. 15 deadline; Here’s what to do

IRS warns that scammers continue to pose as the IRS, making threatening phone calls and using email phishing schemes to lure taxpayers. The scams may be particularly prevalent ahead of the Oct. 15 tax-filing extension deadline. 

OVDP Closing: Sept 28th

OVDP Closing: Sept 28th

OVDP is more reasonable.  Eight years of back taxes with penalties and interest.  A reduced FBAR penalty - 27.5% of highest balance over eight years (50% if you used the wrong bank).  No criminal charge.  No prison time.  The window closes on OVDP on September 28th. 

What Is A Tariff And Who Pays It?

What Is A Tariff And Who Pays It?

A tariff is a tax on imported goods […] it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country. Thus, if the US imposes a tariff on Chinese televisions, the duty is paid to the US Customs and Border Protection Service at the border by a US broker representing a US importer.

Emerging Markets May Be Forecasting An Emerging Disaster

Emerging Markets May Be Forecasting An Emerging Disaster

Investors are starting to notice that the stock indexes covering the so-called “Emerging Markets” have been declining steadily.  There can always be many reasons for such a development, but the leading culprits these days are slowing growth in the Chinese economy (and China is a dominant customer of businesses in the developing world) and tariff/trade war concerns between China and the U.S.

Extracting CO2 from Air

Extracting CO2 from Air

Addressing climate change isn’t just about moving to cleaner forms of energy anymore. It’s about literally taking out some of the heat-trapping gases already in our skies.

Exit Brexit: It's Time For Theresa May To Reverse The U.K.'s Mistake

Exit Brexit: It's Time For Theresa May To Reverse The U.K.'s Mistake

[…] Free trade is essential to economic welfare and growth. […] Leaving the EU will leave the island facing tariffs from its largest trading partner (the non-U.K. EU) and at the economic mercy of the United States.

What Can Businesses Do Among Trade War?

 What Can Businesses Do Among Trade War?

As we’ve all seen countless times over the past several years of frenetic regulation, deregulation, executive orders, and global policy whipsaws, any business’ fortunes can be changed literally overnight if they are not nimble enough to bend and flex with the turbulent forces of legislation, regulation, and litigation.

Amazon becoming 3rd-biggest digital ad platform

Amazon becoming 3rd-biggest digital ad platform

The new projection puts Amazon ahead of Microsoft in its share of the U.S. digital ad market. While it's still a distant third behind Google and Facebook, Amazon's share is growing so fast that some analysts argue it could one day catch up with those leaders.