ST. LOUIS — Tina Pennington had only lived in the home on Ohio Avenue a few weeks when the pipes froze and burst. The floor heaters and radiators didn’t work. Pennington called her landlord’s maintenance team and they sent someone who told her the water they added to the kitchen radiator leaked right through. “I’ve
President Jim Mensching at Itasca Bank & Trust on Irving Park Road in Itasca. The bank has been operating for more than 75 years. John Starks/jstarks@dailyherald.com The secret to their survival is a long-standing local presence, personal relationships with customers and specific loan niches, all while keeping up with technology, say suburban community bankers.
Christmas has come early to the American taxpayers! One of the provisions of a recently passed tax law allows beneficiaries of certain education investments to perform a tax-free rollover to a Roth Individual Retirement Account (IRA) for their benefit. Why is this important? First, the excess education funds will be taxed to the beneficiary should
John LaCarte said he’s not much of a golfer. But he bought a golf course anyway. “I’m an average golfer at best,” the developer from Washington County-based LaCarte Enterprises. Golf, he said, is a special place for him. It’s where he could walk the course and play with his father. The Stonecrest Golf Course closed
NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. Though he described Bankman-Fried as “extremely smart,” U.S. District Judge
Opinions expressed by Entrepreneur contributors are their own. You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. In the increasingly more intricate world of modern business, finance professionals stand at the crossroads of success and sustainability. Their responsibility has evolved as it is very important in navigating businesses through tough economic times. It
Reading time: 2 minutes You-Fan Chai, Manying Huang and Alaina Rhoades A team of three University of Hawaiʻi at Mānoa Shidler College of Business students won a national government case challenge, and each took home a $1,000 scholarship award. You-Fan Chai, Manying Huang and Alaina Rhoades spent several months analyzing data for a selected city,
South Korean Do Kwon presided over one of the biggest busts ever in the volatile crypto sector. His Terraform Labs Pte created the TerraUSD stablecoin, which was meant to have a constant $1 value via a complex mix of algorithms and trader incentives involving a sister token, Luna. Their combined value soared past $60 billion
Barclays will cut several hundreds of jobs in the coming months.Image: Olivia Harris (Reuters) Barclays and Citigroup are set to cut jobs from their investment bank divisions, people familiar with the cuts told Bloomberg on Wednesday. These cuts follow follow a spate of similar layoffs across other big banks. Is it too late to invest
Illustration: Dado Ruvic (Reuters) The U.S. Securities and Exchange Commission (SEC) is considering whether to classify Ether, the second-largest cryptocurrency by market cap, as a security. Fortune reports that the financial watchdog has sent subpoenas to three companies as part of probe of the Ethereum Foundation, the ecosystem that works behind the Ethereum blockchain network.