At the end of 2013, private equity firms were sitting on a cache of at least $1 trillion, according to a report from Bain & Company.Â This marks a $159 billion increase from the closeout at the end of 2012.Â The expected result of this capital bubble isnâ€™t just more deals, but at much higher valuations, as well.Â As Fortune magazine put it, â€śâ€¦the capital tail will wag the deal dog.â€ťÂ For more informatio ...Read more ›
Judge Cuts Apple Award Versus Samsung, Sets New Damages Trial Â Poornima Gupta and Erin Smith report at Reuters report that Apple Inc had a major setback in its mobile patents battle with Samsung Electronics. Â On Friday, March 1st, a federal judge slashed a $1.05 billion jury award by more than 40 percent and set a new trial to determine damages.Â Here's more: Â ...Read more ›
“Health Scare for Small Businesses” â€” WSJ Law Blog â€” Growing Trend â€” Stories in NYT, Economist, WaPo, CNN, Forbes, US News & World Report, The Hill, & More.
Ahead of the new health-care law, small firms worry about crossing the crucial 50-person threshold â€”Â and about rising premium ratesÂ Emily Maltby at the WSJ Law blog reports on increasing concerns about the forthcoming healthcare laws among small business owners. Â This seems to be a prominent issue and concern among small business owners, and has been noted in most every major media outletÂ in recent weeks, ...Read more ›
The U.S. likely will fall back into recession if scheduled spending cuts take effect and Bush-era tax cuts are allowed to expire this year, the Congressional Budget Office said. If the U.S. falls off this "fiscal cliff," the economy will probably contract 1.3% in the first half of 2013, the CBO said.Â CNN Financial Times / Alphaville New York Times NPR Reuters USA Today Wall Street Journal Yahoo! Finance ...Read more ›
Sen. Schumer Proposes 30% Tax on Facebook Co-Founder, Others Who Renounce U.S. Citizenship for Tax Purposes
You've probably already read this storyâ€”Facebook Co-Founder Renounces U.S. Citizenship in Advance of IPO, Saving Millions in U.S. TaxesÂ â€”heard about it on the radio, or seen it on TV. Â But Paul L. Caron of The TaxProf Blog has done a remarkable job of aggregating all the media responses to the story from about 20+ outlets, and linking to previous posts this week on the developing story. Â Â On Thursday:Â B ...Read more ›