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Alaska Governor seeks income tax for the first time in 35 years

Alaska State Governor Bill Walker as part of his New Sustainable Alaska Plan,suggested for income tax in the State. If levied, it'll be after 35 years, Alaska records income tax. Alaska is highly dependent on oil revenues. The steep fall in oil price is impacting its revenues in a negative way. The current revenues can meet only 40 percent of government expenses.

Dec 11, 2015 1:16 AM EST


In Australia, banks disrupt Apple with mobile payments power

The US technology giant Apple Inc is struggling to forge an alliance with Australian banks to spread its mobile payment system. Australian banks have already their own apps and supporting technology platform for the contactless payment system. At this juncture, Apple Inc is finding it difficult to make the partnership with Australian banks. After launching mobile payment service in Australia last month, Apple Inc is planning to roll out in China soon.

Dec 11, 2015 1:09 AM EST


Chronicle Survey: Salaries of Private College Presidents Continue to Rise

A chronicle survey conducted in 32 private-college presidents revealed that the maximum pay reached the level of $1 million in 2013. In 2013 the private college presidents' median total payment reached as high as $436,429. First two positions were assigned to Lee Bollinger, of Columbia University, and Amy Gutmann, of the University of Pennsylvania.

Dec 09, 2015 3:06 AM EST


IBM is unveiling its Object Storage Service through Bluemix Cloud

IBM is trying to hit the cloud service market by launching Bluemix object storage services. Would IBM make it through by outshining market biggies like Google, Amazon and Microsoft? Besides spreading its cloud service market in international level, IBM has also joined startup helping venture with NASSCOM.

Dec 08, 2015 10:04 PM EST


10 Wealthiest U.S. Presidents

Being President of the United States is the large role to fill as the most powerful man in the world. With that power and title, of course comes, great wealth and fame, whether from a widely well-received tenure or one of great criticism.

Dec 08, 2015 7:08 AM EST


46% of Americans are not loyal to their banks, finds survey

A latest survey highlights that majority of Americans are loyal to one bank, while 46.1% have two or more bank accounts. Women deal with fewer banks and men tend to do multiple banking, according to survey by GoBankingRates. Majority Americans keep less than $1,000 in their savings accounts.

Dec 07, 2015 9:37 PM EST


How to Build a Thriving Business When You Have No Time

Quitting you job and starting your own business, can be a quite scary and daunting process. Nearly 50% of the new businesses fail within first five years and only 3% of those remaining ever make it to the 10 year mark. The reason that majority of the businesses fail is due to simple lack of planning. While there is no formula for success but there are some rules every business should follow to be on the right track.

Dec 07, 2015 4:50 AM EST


What entrepreneurs need to know about crowdfunding

The increasing number of new businesses are creating more demand for fresh capital in the US. The new startups are looking to raise funds via a crowdfunding platform. However, a majority of startups are not aware of crowdfunding platforms. Several states are relaxing norms allowing non-accredited investors to park their money in startups.

Dec 04, 2015 4:07 AM EST


Google Donates Around $1 Million On Education In Android Pay Charity Campaign

Google Donates up to $1 Million on Education projects through Android Pay Apps for a Charity Campaign.

Dec 03, 2015 9:38 PM EST


Yahoo Searching for Prospective Buyer for its Revolutionary Core Business of Internet

Even if Yahoo is still one of the popular websites worldwide after Google and Facebook, the board is considering selling off its web properties. The decision is still pending until Friday.

Dec 02, 2015 5:12 AM EST


6 ways to put off financial dependency of your adult children

Parents are caretakers as well as providers of their children. But when children grow up, they get dependent on their parents in every manner.They then lack financial management skill in themselves which not only financially and emotionally drain the parents but also cause long-term harm to children.

Dec 02, 2015 1:52 AM EST


Chinese buyers step back from US housing market

After witnessing peak level this year, the Chinese investments in the US property markets have suddenly changed the direction. The Chinese government's restrictions on capital outflows and devaluation of Yuan have become major hurdles for the dragon country's investments in the US housing sector. The economy slowdown and sluggish financial markets were prime reasons tha propelled Chinese investors to invest heavily in overseas markets mainly the US, London and Canada.

Dec 02, 2015 12:38 AM EST


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