Amazon‘s music streaming service ‘Amazon Music‘ has reached 55 million subscribers globally closing in on Apple Music which has over 60 million users. “Our strategy is unique and, like everything we do at Amazon, starts with our customers. We have always been focused on expanding the marketplace for music streaming by offering music listener’s unparalleled […]
Archives for January 2020
Parliamentary panel invites comments on personal data protection bill
A Joint Parliamentary Committee (JPC) set up to study the Personal Data Protection Bill, 2019, has invited comments from stakeholders. Those who want to submit their views must do so in three weeks. The submissions would form part of the records of the committee and will be treated as confidential, the notice said. Those who […]
5 Benefits of Outsourced Bookkeeping for Franchise Owners
As a franchise owner, the success of current and future franchises is indisputably vital, perhaps the single most important goal of your entire business venture. Even individuals with little professional business experience would agree. However, while the success rate of franchise startups is greater than most businesses, franchises do fail. Entrepreneur suggests that “the notion […]
Semi-retired by 37: One RIA’s roadmap
In my practice, I take my clients through a process of values-based financial planning, which digs into the “Why?” of their financial plan versus just the “How?” One day recently, I had a lightbulb moment: “Why aren’t I doing this for my career, my family and myself?” At 37, I’ve put six years into building […]
Wells Fargo regulator punishes leaders who spun culture of fear
Seven years ago, Wells Fargo’s security chief opened a few “undercover” bank accounts to aid law enforcement. Within 24 hours, two employees tacked on debit cards, claiming they each personally spoke to the new — fictional — customers. “All I could do was shake my head,” the security chief told a senior executive in an […]
How much can you contribute to your 401(k) this year?
Shout to Blair for a very helpful rundown of the new limits on corporate retirement plans. Be sure to click over and follow Ritholtz Wealth on Instagram. We’re dropping this information for you all the time.
How Madras SaaS ‘mafia’ is giving Indian firms a ticket to US
After years of disciplined execution in building global products out of Chennai, a growing crop of Chennai’s tech product entrepreneurs crossed the seas in 2019 to prove their mettle in Silicon Valley. From building teams and aligning to new cultures, it’s not an easy transition, but the new ‘Madras-Bay Area’ mafia has made it a […]
Editor’s Comment: The grim news about Generation X
I’ve often wondered exactly how many people regularly use an IFA and now we know – it’s about 8%, at least of the key so-called Generation X segment of the population, the important 39-54 year-olds. We’re indebted for this information to pension consultancy Dunstan Thomas which asked just over 2,000 UK consumers about their pensions […]
Treasury appoints Woolard as interim FCA chief executive
The Treasury has appointed experienced FCA hand Christopher Woolard as its interim chief executive, replacing Andrew Bailey who is leaving in March to be Bank of England Governor. The Treasury acted on advice from the FCA board. A permanent FCA CEO appointment is expected in due course and a search is under way. Mr Woolard is […]
EU, China, other WTO members agree temporary body to settle disputes
BRUSSELS (Reuters) – Seventeen WTO members, including the European Union and China, agreed on Friday to set up a temporary appeals mechanism to settle trade disputes after the United States paralysed the WTO’s appeals body, the European Commission said. Washington has paralysed the WTO’s Appellate Body, which acts as a supreme court for international trade, […]