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A Holiday From Taxes, and Often From the Strings Attached 27 Aug 2013 | 08:31 pm
Tax policy experts are suspicious of tax holidays, and most experts question the effectiveness of attaching restrictions to such legislation. Many companies find a way around them.
Hamptons McMansions Herald a Return of Excess 27 Aug 2013 | 07:49 pm
There is no surer sign the big spending ways that characterized the era before the financial crisis have returned to the Hamptons than the multimillion-dollar mansions multiplying across the landscape...
Spanish Authorities Arrest Former JPMorgan Employee 27 Aug 2013 | 05:16 pm
Spanish police said that Javier Martin-Artajo handed himself to police on Tuesday morning, and his case will now be handled by the Spanish Supreme Court, whose duties include ruling on extradition req...
Morning Agenda: Paulson’s Misgivings on Bailout Bonuses 27 Aug 2013 | 04:58 pm
Henry M. Paulson Jr., formerly Treasury secretary, criticized outsize bank bonuses paid after the bailouts. | William A. Ackman has sold his entire stake in J.C. Penney. | Arbitration lawyers are prof...
Billabong Writes Down Its Brand to Zero 27 Aug 2013 | 08:57 am
The struggling Australian surf wear company announced the accounting charge on Tuesday, part of a record $772 million net loss it reported for the financial year.
Five Years After TARP, Misgivings on Bonuses 27 Aug 2013 | 05:55 am
Henry Paulson on bonuses paid during the 2008 financial crisis: “There was such a total lack of awareness from the firms that paid big bonuses during this extraordinary time.”
Third Point Hedge Fund Increases Sotheby’s Stake 27 Aug 2013 | 05:12 am
Daniel S. Loeb’s hedge fund, Third Point, is now one of Sotheby’s biggest shareholders, with a 5.7 percent stake, according to a filing with the Securities and Exchange Commission.
Growth in Global Disputes Brings Big Paychecks for Law Firms 27 Aug 2013 | 03:31 am
Some legal heavyweights in the United States are benefiting from a growing number of clashes over complex international deals.
Ackman Moves to Sell Stake in J.C. Penney 27 Aug 2013 | 02:22 am
The hedge fund manager William A. Ackman moved on Monday to sell his roughly 18 percent stake in J.C. Penney, nearly two weeks after he resigned from the board amid an unusual public battle with his f...
Remembering Muriel Siebert, an ‘Icon’ for Women 27 Aug 2013 | 02:03 am
Ms. Siebert's pragmatic approach to effecting change on Wall Street characterized many of accomplishments, her admirers said.
