Latest in Concession Accelerates Wealthy
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New UK non-dom concession ‘accelerates’ wealthy people’s exit plans
Anyone leaving before April 2025 will become exempt from inheritance tax after three yearsBusiness - Financial Times - Yesterday -
Why it’s hard to box in the wealthy on tax
Budget measures and missed opportunities show difficulty of raising large sums from highly mobile executivesWorld - Financial Times - October 30 -
Google's Cloud Business Powers Accelerating Revenue Growth
Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.Business - The Wall Street Journal - October 29 -
Incredibuild acquires Garden to accelerate game development
Incredibuild has acquired Garden to bolster its acceleration capabilities for the entire DevOps lifecycle for games.Tech - VentureBeat - November 4 -
Cisco sees product orders accelerate in the AI era, and its outlook moves higher
Networking company sees a 20% boost in product orders for the latest quarter.Business - MarketWatch - November 14 -
Ukraine front could 'collapse' as Russia gains accelerate, experts warn
Moscow's forces have taken more ground since September than they did over the course of 2023, analysts say.Top stories - BBC News - 6 days ago -
UK inflation accelerates sharply to 2.3% in October
Increase from 1.7% prompts traders to further reduce bets that Bank of England will cut rates next monthBusiness - Financial Times - November 20 -
Julius Baer Flags Inflows Pickup, Brighter Outlook
The private banking group said inflows from clients in key markets accelerated from the midyear point as it signaled a rosier outlook for the year ahead with higher profit and potential shareholder ...Business - The Wall Street Journal - 5 days ago -
UK hits wealthy with raids on non-doms, private equity and estates
Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreignersBusiness - Financial Times - October 30 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - October 30 -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30 -
Record numbers of wealthy Americans are making plans to leave the U.S. after the election
Attorneys and advisors to family offices and high-net-worth families said they're seeing record demand from clients looking for second passports or long-term residencies abroad.Business - CNBC - November 1 -
Cop29 could change the financial climate for the world’s wealthy polluters
This week’s summit will focus on paying for the costs of global heating – and much more money is needed. About 50,000 government officials, policymakers, investors and campaigners will gather in ...World - The Guardian - November 10 -
Bridgewater’s Bob Prince buys $12mn home in wealthy Hong Kong enclave
Hong Kong Monetary Authority official calls for applause for executive’s purchase at finance conferenceWorld - Financial Times - 6 days ago -
Breaking down Harris' concession speech
Vice President Kamala Harris delivered her concession speech Wednesday following former President Donald Trump's projected win. CBS News chief White House correspondent Nancy Cordes reports. Then, ...Top stories - CBS News - November 6 -
Illinois Gov. JB Pritzker accelerates abortion advocacy on eve of the election
Illlinois Gov. JB Pritzker's Think Big America nonprofit group is helping fund abortion ballot initiatives in eight states.Top stories - NBC News - October 29 -
Trump Media closes up 8% after rollercoaster trading session with heavy volume, several halts
DJT trading was halted multiple times as the stock price of the company majority owned by Donald Trump whipsawed.Business - CNBC - October 29 -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - October 31 -
Caitlin Clark Accelerated Her Team’s Timeline. A Coach Paid the Price.
The Indiana Fever suddenly parted ways with Christie Sides because their goal has changed, a columnist for The Athletic writes.Sports - The New York Times - November 3 -
Palantir’s stock surges as AI drives a further acceleration in growth
Palantir’s CEO says the latest earnings are ”a slap in the face of people who continue to believe that the value of AI is solely in building AI large language models.”Business - MarketWatch - November 5 -
Airbnb Posts Higher Third-Quarter Revenue as Travel Demand Accelerates
The short-term rental company posted higher revenue in the third quarter as North American travel trends improved.Business - The Wall Street Journal - November 7 -
New inflation data shows increase, days after election
Inflation accelerated in October, snapping a streak of six consecutive months of cooling inflation.Top stories - ABC News - November 13 -
ServiceNow rolls out enterprise AI governance capabilities to accelerate production deployment
ServiceNow is looking to solve a key enterprise AI adoption challenge, with the debut of new governance capabilities to give organizations more confidence in AI outcomes.Tech - VentureBeat - November 13 -
Nvidia accelerates Google quantum AI design with quantum physics simulation
Nvidia it is working with Google Quantum AI to accelerate the design of its next-generation quantum computing devices using simulations powered by Nvidia.Tech - VentureBeat - November 18 -
Microsoft supercharges Fabric with new data tools to accelerate enterprise AI workflows
At Ignite, Microsoft shared several new enhancements for Fabric, setting up the platform as the unified data layer for next-gen AI apps.Tech - VentureBeat - November 19 -
Victory and concession speeches on Election Night 2024
Watch live coverage of victory and concession speeches from key Senate races and the presidential contest.Top stories - NBC News - November 6 -
Harris delivers concession address after Trump victory
Vice President Kamala Harris delivered a concession address Wednesday from her alma mater Howard University after she called President-elect Donald Trump and congratulated him on his victory. ...Politics - CBS News - November 6 -
The important role of concession speeches to U.S. democracy
A concession speech delivered by the losing candidate is a patriotic tradition as old as the U.S. itself, and as Vice President Kamala Harris showed Wednesday, it often represents the most ...Top stories - CBS News - November 6 -
Harris delivers concession speech after losing to Trump
Vice President Kamala Harris gave a concession speech at Howard University in Washington after losing the election to Donald Trump. Harris said she had congratulated Trump on his victory and said ...Top stories - NBC News - November 6 -
Zelenskyy rejects western demands to make ‘concessions’ to Russia
Ukrainian president says Europe would be ‘suicidal’ if it forces him into a deal with PutinWorld - Financial Times - November 7 -
Trump needs concessions from Putin — they may be forthcoming
The Russian president wants to save face on Ukraine but this doesn’t mean he won’t give anything awayWorld - Financial Times - November 14 -
Fetterman responds to Casey's concession: 'This hits me'
Sen. John Fetterman (D-Pa.) weighed in on fellow Pennsylvania Sen. Bob Casey’s (D) concession in the contentious upper-chamber race on Thursday, hailing him as "Pennsylvania’s best senator.” ...Politics - The Hill - 5 days ago -
89% of Americans say they do not consider themselves wealthy — here's what stands in the way
For many Americans, the definition of what it means to be well off is relatively modest. And yet, only one-tenth of Americans consider themselves wealthy today.Business - CNBC - November 19 -
How Morgan Stanley Stepped Up its Courtship of Near-IPO Employees as Wealthy Clients
The investment bank signed an agreement with Carta, a shareholder management company for startups, which estimates about 2,000 of its clients are at companies likely to go public.Business - Inc. - November 19