Business
A recent U.S. Tax Court order is causing a stir, with some practitioners suggesting it could significantly limit taxpayers’ ability to recover penalties and interest assessed during the COVID-19 pandemic. But the fallout may not be quite that simple.In Bowen v. Commissioner, the court did not decide whether federal tax…
We tend to admire leaders who decide fast. Decisiveness looks like strength, and hesitation looks like weakness. But after years of advising in high-stakes rooms—and one experience that forced me to abruptly and completely slow down—I have come to believe the opposite. Speed has nothing to do with it. The…
You’ve worked hard for your stock compensation and expect it to provide you with wealth for a long and happy life. Nevertheless, it’s important to find out what would happen to your restricted stock units (RSUs) or stock options should you die. How would the outstanding equity awards that you…
Highly successful private equity leaders think and act differently. Over the past several decades, we have worked with many, and we’ve learned what makes them unique: it’s the way they combine disciplined investing with disciplined management. This combination provides some useful insights that can be applied to any business. While…
Sisters Ann and Nancy Wilson of the American rock band Heart performed at the 2026 Annual Grammy Hall of Fame Gala at Los Angeles’ Beverly Hilton more than two months ago. They were one of several esteemed musical acts — among them 2PAC, Janet Jackson and Radiohead — whose recordings…
The Education Department is offering borrowers a new interest rate reduction incentive for their federal student loans, and time is running out to sign up. But borrowers who want to take advantage of the new benefit should be mindful of the potential risks of the new program.The new incentive program…
New York’s proposed Self-Checkout Bill A11501 is a piece of legislation that takes aim at the economics of automation. If passed, it would require “food retail establishments” to provide a 10% discount for all goods purchased through a self-checkout kiosk.The proposal adds yet another hurdle to an already long list…
Throughout much of spring 2026, Michael Jackson’s compilation The Essential has ranked as one of the biggest albums in the world. That is certainly true in the United Kingdom, where the late superstar remains a serious hitmaker more than a decade and a half after his death.The collection was already…
Major League Pickleball (MLP), presented by DoorDash, visited the Windy City this past weekend for the 8th of its nine week whirlwind regular 2026 season. It comes on the back of a crazy trade deadline day that saw two of the league favorites make massive moves to try to win…
New York’s proposed Self-Checkout Bill A11501 is a piece of legislation that takes aim at the economics of automation. If passed, it would require “food retail establishments” to provide a 10% discount for all goods purchased through a self-checkout kiosk.The proposal adds yet another hurdle to an already long list…
Some states recognize a form of marital property known as tenancy by the entireties. In these states, assets held in tenancy by the entireties are not available to the creditors of only one spouse ― but they are available to creditors if both spouses are debtors. Among other assets, interests…
Earlier this month, Bonnie Tyler died at age 75, only about a month after celebrating that milestone birthday. The Welsh singer began releasing albums in the late 1970s and remained active for decades, most recently issuing The Best Is Yet to Come roughly half a decade ago, but she is…
It has been 20 years since Bring Me the Horizon released Count Your Blessings, the band’s debut album. Since then, the group has become one of the biggest rock acts in the world, and its edgy sound has continued to evolve, becoming slightly more appealing to a wider audience while…
New York’s proposed Self-Checkout Bill A11501 is a piece of legislation that takes aim at the economics of automation. If passed, it would require “food retail establishments” to provide a 10% discount for all goods purchased through a self-checkout kiosk.The proposal adds yet another hurdle to an already long list…
Bruno Mars has released a surprisingly small number of albums for an artist who has enjoyed so much success and helped define an entire generation of pop music. The singer-songwriter has issued only four solo collections, as well as one project as half of Silk Sonic, his super duo with…
The Education Department has begun notifying some student loan borrowers who had applied for income-driven repayment plans that, due to a calculation error, they must now reapply again for the same repayment plan. The request potentially jeopardizes their access to affordable monthly payments and may temporarily pause their ability to…
ToplineA further decline in SpaceX shares on Monday cut Elon Musk’s net worth by more than $20 billion, lowering his fortune below the $700 billion threshold for the first time since December, as Musk falls further from his trillionaire status.Key FactsShares of SpaceX dropped 4.8% to around $109.50 as of…
New York’s proposed Self-Checkout Bill A11501 is a piece of legislation that takes aim at the economics of automation. If passed, it would require “food retail establishments” to provide a 10% discount for all goods purchased through a self-checkout kiosk.The proposal adds yet another hurdle to an already long list…
Fox News Channel had its best-ever ratings for a 4th of July, with viewership reaching 5.5 million viewers during President Trump’s speech, which aired from 11:15 to 11:45 p.m. ET. For the same period, Fox drew 817,000 viewers 25-54, the key demographic valued by national advertisers. After Fox News, CNN’s…
Retired UFC great Dustin Poirier spoke publicly and candidly for the first time since his viral arrest video in June. Poirier spoke to Steven Bartlett of the Diary of a CEO podcast, detailing all of the factors that led to his public drunkenness and arrest.Key Facts at a GlanceWho: Dustin…
Social media reactions are in for Christopher Nolan’s adaptation of Homer’s epic poem The Odyssey, and critics so far are cheering the writer-director’s 13th film in his illustrious career.The Odyssey, of course, marks Nolan’s first film since the blistering success of the 2023 historical biopic Oppenheimer, which won seven Oscars,…
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