Fiat Chrysler and Waymo have agreed on an exclusive deal to develop self-driving commercial vehicles, an area some believe could be the first widespread utilization of autonomous technology. Waymo, a unit of Alphabet, will work with the Italian-American automaker to integrate its autonomous driving system, which it calls the “Waymo Driver,” into the Ram ProMaster […]
Archives for July 2020
Access funding in minutes with Kiwibank’s Fast Capital
The past few months have given us all a lot to reflect on. For NZ small businesses, many of you will have had to take a hard look at your business and make some important decisions. Maybe you’ve decided now is the time to take your business to the next level. Or maybe you require […]
Staff do worse when asked to report frequently, accounting study shows – CFO Dive
Dive Brief: Staff who are frequently asked to report on their progress perform their work more poorly than staff who aren’t subject to the same reporting requirements, a study published this week in The Accounting Review found. The findings have implications for accounting staff working remotely if their supervisor is asking for frequent updates, says […]
Inside GitHub, web developers’ social media platform
There’s a follower-following count but it’s not Instagram. A sidebar shows who is trending but it’s not Twitter. One can use emojis to display current status but it’s not WhatsApp. It has several elements of a popular social media platform, but it is not one. This is GitHub, the world’s largest code repository platform online. […]
Historically low mortgage rates offer opportunities for clients and their planners
Over the last three months, home mortgage rates have managed to achieve five (!) all-time lows. Currently, Freddie Mac, which buys mortgages from banks, reports an average 3.13% rate on 30-year fixed-rate mortgages, and there is a chance that we could see rates below 3% between now and the end of August. You should consider […]
GILTI rules address income subject to high foreign tax rate
The IRS issued an additional regulation package on the global intangible low-taxed income (GILTI) provision, Sec. 951A, which was added by the law known as the Tax Cuts and Jobs Act, P.L. 115-97, and requires 10% U.S. shareholders of controlled foreign corporations (CFCs) to include in their gross income their share of the CFC’s GILTI […]
There goes the dollar
Remember how Make America Great Again was all about a strong, masculine, beefy, red-blooded, double-wide, camo-clothed and fully loaded King Dollar as the signifier that the USA was back? Well, that’s not actually how things are playing out right now. We’ve done a horrendous job with coronavirus in the United States, turning masks and the […]
ETtech Top 5: Amazon’s Prime Day sale in India, Ant Group IPO & more
Amazon is kickstarting its biggest shopping event from India while Alibaba’s fintech affiliate Ant Group is finally gearing up for its much-anticipated public market debut. Amazon Prime Day Sale India will be the first market for Amazon’s flagship shopping event ‘Prime Day’ this year, as it looks to revive consumer spending ahead of the festive […]
How to Determine Profit Margin for Your Small Business in 3 Simple Steps
To grow your business, you need to track financial information and measure performance. One metric you should be keeping an eye on is your business’s profit margin. Read on to learn how to determine profit margin for your company and ways to improve your margins. What is profit margin? Before you can dive into determining […]
Treasury acts to avoid repeat of LCF mini-bond debacle
The Treasury is consulting on proposals to make it harder to promote unauthorised financial products via authorised firms. The move will affect unauthorised products pushed by authorised firms. A separate move is under way to bring some crypto assets under FCA regulation. City Minister John Glen MP published consultations on the proposals this week. The […]