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Thursday 31 October 2019
Asda: Workers rejecting new contract face the sack
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We've Been Fully Weighted in China's Value Segments, Says GAM Investments's Mumford
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'Good riddance': New York's governor responded to report that Trump, a lifelong New Yorker, declared himself a resident of Florida
Patrick Semansky/AP
- President Donald Trump, a lifelong New Yorker, has declared himself a resident of Palm Beach County, Florida.
- According to documents obtained by The New York Times, Trump and wife Melania filled out a "declaration of domicile" in recent weeks, declaring the president's Mar-a-Lago golf club their permanent home.
- A person close to the president told The Times that the reason the president changed his address was "primarily for tax purposes."
- Under New York State law, if a person spends more than 184 days in the state, the person needs to pay state income taxes. Florida, on the other hand, does not have a state income tax, making it an attractive residential prospect for the wealthy.
- New Yorkers paid the highest state and local income taxes of any state as of May 2019.
- Visit Business Insider's homepage for more stories.
President Donald Trump, who grew up in Queens, New York, made millions from large-scale building projects in Manhattan, and shot the "The Apprentice" at his namesake Fifth Avenue skyscraper Trump Tower, has now declared himself a resident of Palm Beach County, Florida.
According to documents obtained by The New York Times, Trump and wife Melania filled out a "declaration of domicile" in recent weeks, declaring that the president's property in Florida will be their permanent residence.
See the rest of the story at Business Insider
See Also:
- The 19 best perks you get with an Amazon Prime membership
- Trump is getting battered on all fronts as Congress, the courts, and even his own officials eviscerate him
- Legal experts say Trump's last-ditch effort to hide his taxes is 'untenable,' and we could see them as soon as next year
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Asian shares slip on trade deal worry, dollar defensive
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Mass Blackouts Across California Are Coming to an End -- For Now
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These are the 5 leaders in the self-driving-car race (GOOG, GOOGL, GM, F)
GM
Tech companies and auto companies are all racing to be the first to roll out self-driving cars onto the road.
The stakes are high for everyone involved. The self-driving revolution and the prevalence of ride-hailing services such as Uber and Lyft threatens to reduce individual car ownership, which would eat into a sizable piece of automakers' core business.
See the rest of the story at Business Insider
See Also:
- LAX apologized for the catastrophic rollout of a policy barring Uber and Lyft drivers from picking people up outside the terminal
- New data shows Lyft is continuing to gain on Uber.
- GM's workforce ratifies new contract, ending longest strike in 50 years
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Canada denies sharing Huawei CFO Meng's devices details with FBI: court documents
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Pinterest shares tumble after sales outlook disappoints
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Toronto’s City of Tomorrow Is Scaled Back Amid Privacy Concerns
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Whirlpool 'silenced customers' amid tumble dryer fire scare
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Big Reads on Economics: Fed Finds Footing, Trade Pacts Hit Snags
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Japan sounds warning on China’s growing military might
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Indonesia urged to probe death of Belt and Road project critic
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How 3PL providers can thrive in light of their changing relationship with retail partners
This is a preview of a research report from Business Insider Intelligence,Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Current subscribers can read the report here.
Third-party logistics (3PL) providers have been the cornerstone of retail supply chains for decades. 3PL providers are defined by the Council of Supply Chain Management Professionals (CSCMP) as "a specialized company that handles the outsourcing of much or all of a company's logistics operations."
Business Insider Intelligence
See the rest of the story at Business Insider
See Also:
- Uber Health is integrating with Cerner's EHRs so providers can set up rides for their patients
- Uber unveils Uber Money, its new financial services team, along with a digital wallet and new card offerings
- Microsoft is beefing up its Azure cloud IoT platform in bid to threaten AWS's dominance
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Juul’s Meltdown Costs Tobacco Giant Altria $4.5 Billion
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Wednesday 30 October 2019
Samsung Electronics upbeat on chip outlook as third-quarter profit falls 56%
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Oil prices extend fall after surprise inventory build
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International money transfers hit $613 billion this year — here's what young, tech savvy users value most about them
This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Current subscribers can read the report here.
Business Insider IntelligenceRemittances, or cross-border peer-to-peer (P2P) money transfers, hit a record high of $613 billion globally in 2017, following a two-year decline. And the remittance industry will continue to grow, driven largely by digital services.
Several factors will fuel digital growth globally, such as increased smartphone penetration, greater demand for digital transactions, and an overall need for faster cross-border transfers. And with the shift to digital comes an audience of younger, digital-savvy customers using remittances — a segment that companies are looking to target.
As a result, the global remittance industry is becoming increasingly competitive for firms to navigate, with incumbents like Western Union and MoneyGram competing for the same pool of customers as digital upstarts like WorldRemit and Remitly. And in order to win, companies across the board will need to prioritize the four areas consumers value most in remittances: cost, convenience, speed, and safety.
See the rest of the story at Business Insider
See Also:
- SoftBank-backed small-business lending startup Kabbage is moving into payments. Its execs explain why combining the 2 services makes sense.
- Small business lending startup BlueVine is launching banking services, and the fintech's CEO is not ruling out brick-and-mortar branches
- Here's the salary of every governor in all 50 US states
SEE ALSO: These were the biggest developments in the global fintech ecosystem over the last 12 months
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Asian stocks edge higher after Fed rate cut, focus shifts to BOJ
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Samsung Elec upbeat on chip outlook as third-quarter profit falls 56%
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How the election will impact your wallet
Getty Images; Jenny Chang-Rodriguez/BI For many Americans, the most important focus heading into a presidential election is how the win...
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Before investing your own money into a small business idea, test it out with your target audience. Georgijevic/Getty Images Having a bu...
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Stocks could crash nearly 50% and a recession might hit this year, B. Riley's Paul Dietrich said. Yuichiro Chino/Getty Images The S...
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Krisanapong Detraphiphat/Getty Images; Jenny Change-Rodriguez/BI Illustration Goldman Sachs forecasts muted S&P 500 gains, with a ...