Trump doesn’t think Mueller should look into his business transactions. Too late.

Trump doesn’t think Mueller should look into his business transactions. Too late.

Just yesterday, President Donald Trump told a trio of New York Times reporters that if special counsel Robert Mueller’s investigation turned to his finances, he’d view it as a “violation” of Mueller’s charge. “This is about Russia,” Trump said. But according to a new report by Bloomberg’s Greg Farrell and Christian Berthelsen, investigators had already been investigating several Trump business transactions with Russians. The Bloomberg reporters quote “a person familiar with the probe” as confirming that several transactions in particular have piqued investigators’ interest, including: The 2013 Miss Universe pageant, which was held…

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The Ultimate List of 398 Great Business Ideas

The Ultimate List of 398 Great Business Ideas

I’m not sure when it happened, but somewhere along the way, owning a business has become part of the American Dream. In fact, MarketWatch suggests: Some 39 percent of employees hope to own their own business; More than 50 percentof workers in their 20s who don’t own a business hope to do so in the future; 50 percent of workers in their 30s and 35 percent in their 40s want to start their own business; and Even 25 percent of workers in their 50s and 17 percent of workers age…

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Singapore’s OCBC Bank eyes ultra rich in Indonesia with set up of new private wealth business

Singapore’s OCBC Bank eyes ultra rich in Indonesia with set up of new private wealth business

Nicky Loh | Bloomberg | Getty Images Singapore’s second largest lender Oversea-Chinese Banking Corporation (OCBC) on Monday launched an Indonesian private banking unit as the bank expands its wealth management presence in the region. The new onshore unit will be run by OCBC NISP, the Indonesian subsidiary that is 85 percent owned by OCBC Bank. Its target clients are Indonesians with assets under management of more than $1 million. OCBC, citing Capgemini’s Asia Pacific Wealth Report 2016, said in a statement there are 48,000 high net worth individuals in Indonesia…

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Labour’s draft manifesto through a business lens

Labour’s draft manifesto through a business lens

So how radical is Labour’s draft manifesto really? On the face of it, it looks like the root and branch reversal of 40 years of government policy. But let’s take a moment to see how radical, how do-able, these proposals really are from a business, rather than a public finance, perspective. Let’s start with the easy ones. Renationalising the railways This actually happens from time to time anyway. The East Coast Main Line spent several years in public ownership after it was handed back to the government by National Express…

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PayPal launches a small biz toolset, ‘Business in a Box,’ with WooCommerce & Xero

PayPal launches a small biz toolset, ‘Business in a Box,’ with WooCommerce & Xero

PayPal today launched a new service, called Business in Box, aimed at bringing more U.S. small business owners to its payments platform. The service, which was developed in partnership with WooCommerce and Xero, offers merchants a suite of tools for running their online businesses, including an online storefront, accounting tools, the ability to apply for working capital from PayPal and, of course, support for taking payments either online or offline, via PayPal. Business in a Box is largely aimed at first-time business owners who already know what they want to sell and have a…

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How Trump’s tax proposal could impact his own business empire

How Trump’s tax proposal could impact his own business empire

The Trump administration unveiled their proposal to overhaul the tax code on April 26, outlining sharply lower tax rates but fewer tax breaks. (Video: Jenny Starrs/Photo: Jabin Botsford/The Washington Post) By Drew Harwell and Jonathan O’Connell April 26 at 6:17 PM President Trump’s massive tax-cut proposal would slash taxes on hundreds of businesses he and his family own. The White House on Wednesday unveiled a proposal that would cut the top tax rate for corporations, as well as entities known as pass-through businesses, to 15 percent. That could prove to…

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RPSanjiv Goenka Group enters consumables business with snacks

RPSanjiv Goenka Group enters consumables business with snacks

Kolkata: RP-Sanjiv Goenka Group, which operates power utility CESC Ltd and the Spencer’s Retail stores chain, on Monday said it is entering the consumables business by launching packaged snacks on the advice of consulting firm McKinsey and Co. The business will be the first that the Kolkata-based group is building from scratch in several years. So far, all its key lines of business such as power, carbon black and business process outsourcing have been added via acquisitions. Chairman Sanjiv Goenka has set an ambitious target of scaling up the new…

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