Square, the Mobile Payments Company

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Jack Dorsey is about to get even busier.

On Wednesday, one of the companies Mr. Dorsey runs, Square, the mobile payments start-up, made its initial public offering prospectus public, indicating it is close to a road show to sell stock to investors. The move follows an action-packed 10 days for the technology executive, who was named permanent chief of Twitter last week and who on Tuesday announced that he was laying off 8 percent of the staff at the social networking company as he tries to attract more users to the service.

The disclosure of Square’s I.P.O. prospectus is set to quicken the pace for Mr. Dorsey. The document, which Square had previously filed confidentially, gave the first peek at the financial data of a payments business that has had as many naysayers as it has had champions.
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What Is Glass Steagall

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Eight times in Tuesday night’s Democratic debate, candidates mentioned a law that Congress passed in 1933, was signed by Franklin Delano Roosevelt, and hasn’t been the law of the land in the United States for 16 years.

This prompts some obvious questions. What is the Glass-Steagall Act, why do the candidates Bernie Sanders and Martin O’Malley want to reinstate it, and how did it come to star in a presidential debate in 2015?
What is the Glass-Steagall Act?

When people talk about banking, they are talking about two broad classes of activities. Commercial banking is what happens at your neighborhood branch: You deposit money in a checking or savings account, and the bank uses those deposits to make loans to consumers or small businesses. Investment banking refers to the kind of banking activity more common on Wall Street, like helping large companies issue stock or bonds in order to fund themselves, and trading securities in hope of making a profit.
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Treasury Considers Plan to Help Puerto Rico

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Officials in the Treasury Department are discussing a radical and aggressive response to the fiscal chaos engulfing Puerto Rico that could involve a broad debt exchange assisted by the federal government.

The proposal calls for the federal government to help Puerto Rico collect and account for local tax revenues from the island’s businesses and residents, according to people briefed on the matter who spoke on the condition of anonymity because they were not authorized to publicly discuss the proposal. An inability to collect all the taxes owed is widely seen as contributing to Puerto Rico’s debt crisis.

The tax proceeds would be placed in a “lockbox” overseen by the Treasury and eventually paid out by the Treasury to the holders of the new bonds that Puerto Rico would issue in the proposed exchange. Since the Treasury would effectively become the paying agent for the new bonds, they would be more attractive than the bonds that creditors now hold.

That would make it easier for

How to Set Up the Perfect Conference for Your Business and Clients

3Setting up a conference is one thing and dong it the right way is another. Most conferences being organized in recent times have become failed projects simply due to the fact that the organizers have failed to do some things the right ways that they ought to be done.

Are you planning on organizing a conference for your clients? Then you should know that setting up a conference requires you to always be on your toes so as to make it to be a major hit that such clients will appreciate. In a short while you will soon be let into some of the long kept secrets of organizing that perfect conference or business event that you have always thought was impossible. Below are some of the tips to make it happen.

Getting the Right Location

Whether you like it or not, one of the major requirements of setting up a conference or business event that your clients will consider to be perfect is that the chosen location should be appropriate for such an event. You should exercise lots caution because you may spend money

Expert Call-Handling Service: A Great First Impression

In the amazing 21st century, businesses can not only start up and survive, but they can also thrive and join many other businesses in operating on a local, national, and international scale. How, you may ask? There are really two parts to the answer. An experienced call-handling service and virtual receptionist make a great first impression. When those crucial tasks are in the hands of professionals, the business owner and other staff have the time and energy to focus on providing a great service or delivering a fine product.

Think about a small business on a busy street. When a potential customer strolls in and has an immediate question, the employee or receptionist that individual meets is the first impression of a company. In a similar way, a call to your office or manufacturing location puts a client in touch with someone you trust to greet new and repeat customers. If, for some reason, the person looking to order or buy is not comfortable with the ‘voice of the company,’ it is possible the potential revenue will just hang up and go elsewhere.

A Trusted Partner

That is why getting someone to simply answer the

Novice traders should start their career in the Forex market trading

● Novice traders should start their career in the Forex market trading on the training demo account. This will allow the use of their theoretical knowledge and acquire necessary trading skills without the risk of losing their money. Do not immediately jump on trade with real money. Practice using various trading strategies. Only after you will choose for themselves the right trading strategy and ensure its efficiency over a certain period, it is necessary to switch to the real online forex trading accounts (https://freshforex.com/traders/trading/.
).
There is a question faced by all novice traders – “In what currency pairs to trade?”. It is understood that the choice of the currency pair will depend on many factors: the volatility of the pair, while the most active, your chosen trading strategy, and so on. So select a currency pair (and maybe more) you have to yourself, guided by their own experience of trade and the recommendations of other traders.
Each currency pair has the most active periods. These are the periods when the national banks operate a particular currency, which also called trading sessions. Traders sell a currency pair during the trading session, and after its completion. But it is preferable to

Main Benefits of Using Airless Paint Sprayer

There is no secret that today more and more homeowners dream about renovation of their houses and according to professionals designers there is no easier way of doing so that repainting the walls. No matter if you have a budget home or a huge house, in any case modern technologies work better that classic options of brush and roller. Modern technologies in the field of painting mean airless paint sprayers which are commonly used by professional contractors sin home renovation projects. In this article you will learn about the main advantages that these sprayers have to offer.

1 – Speed and Efficiency

If you have ever tried to paint anything by hand, or with a brush or roller, then you definitely know how hard this process is; it takes a lot of time and effort to create a perfect painted wall. With an airless paint sprayer all job can be done three times faster and better. Experts agree that brush is a perfect tool when you need to feel the details, but if you have a pretty big scale of work to do covering everything with a brush will be very exhausting and time consuming. Of course, paint rollers are faster than

Business Cards Management to Get Real Business Results

Do you realize that your business cards tell customers and clients much more than just your name, your business and contact information? Your business cards are actually similar to your sales representatives. They tell about your business,  your expertise and if they are good enough, they will be able to bring business for you.

Just like a real sales person, if they are not equipped with a good sales ability and good product knowledge they will not perform well. That is why you need to equip them with those tools.

The challenge is how to get those things into a physical card? Maybe this would help.  

First, I insist you to use good quality stock to print your business cards. If you use cheap-low quality stock, they will give bad impressions for you and your business, so I recommend and insist you to use good quality ones. You can add your company logo and you can tell about your business and your expertise but do not make it too much. Keep it simple and clear, and make sure it is written in readable fonts and colors.  

Then you should state your differentiation. Tell your difference from the other competitors. Maybe you can offer the cheapest price, or maybe you

Business to Business Partnership Opportunities

There are several types of business to business partnerships that a business owner may pursue in order to improve their business. The main objective behind most business relationships is to find new customer leads and convert them into increased sales and revenue for both participating companies. Consider these four primary types of business to business partnerships in order to achieve the goal of increased sales and revenue including: suppliers, customers, resellers or companies with significant existing sales channels and/or vendors. Each type of partnership has its own unique set of advantages and challenges for successfully implementing and maintaining, therefore it’s important to evaluate each type to understand which is in your best interest to pursue.

Suppliers

Creating business relationships with suppliers usually makes great financial sense and can lead to unique business opportunities. Many suppliers are in a very competitive environment and constantly have to find new channels to sell their products. As a rule suppliers will be willing to give a business partner special pricing, expedited customer service and business referrals when opportunities that are out of their scope present themselves. However; there are some disadvantages with aligning too closely with a single supplier. It is recommended that you keep your

What Business Integration Can Do For Your Business

If technology is a medium that you use to carry out your organization’s goals, having business integration is recommended. This is especially true in an industry that is driven by fierce competition. Being able to respond immediately to customer’s demands is crucial to success. Applications such as EBI, EAI, ELI, EDI and EII have proved helpful in allowing multi-tasking.

It is common for every growing organization to constantly update its technology. As we move on to the modern era, new demands call for new products and services. In order to cope in a fast-paced market, new applications are required. Hence, you install the latest software.

Though almost application is vital to your organization’s performance, it unintentionally gives birth to a gap. The gap widens every time a new application or software is introduced. This can pose threats to the organization since the gap slows down the process of productivity.

To address this issue, business integration provides not only a technical solution. It becomes a medium to sustain or even surpass your organization’s performance. With good business integration software, you are assured flexibility in properly delivering your product or service. This puts your organization on the front line of your industry.

There are many integrating

What Business Integration Can Do For Your Business

If technology is a medium that you use to carry out your organization’s goals, having business integration is recommended. This is especially true in an industry that is driven by fierce competition. Being able to respond immediately to customer’s demands is crucial to success. Applications such as EBI, EAI, ELI, EDI and EII have proved helpful in allowing multi-tasking.

It is common for every growing organization to constantly update its technology. As we move on to the modern era, new demands call for new products and services. In order to cope in a fast-paced market, new applications are required. Hence, you install the latest software.

Though almost application is vital to your organization’s performance, it unintentionally gives birth to a gap. The gap widens every time a new application or software is introduced. This can pose threats to the organization since the gap slows down the process of productivity.

To address this issue, business integration provides not only a technical solution. It becomes a medium to sustain or even surpass your organization’s performance. With good business integration software, you are assured flexibility in properly delivering your product or service. This puts your organization on the front line of your industry.

There are many integrating

Business to Business Partnership Opportunities

There are several types of business to business partnerships that a business owner may pursue in order to improve their business. The main objective behind most business relationships is to find new customer leads and convert them into increased sales and revenue for both participating companies. 

There are several types of business to business partnerships that a business owner may pursue in order to improve their business. The main objective behind most business relationships is to find new customer leads and convert them into increased sales and revenue for both participating companies. Consider these four primary types of business to business partnerships in order to achieve the goal of increased sales and revenue including: suppliers, customers, resellers or companies with significant existing sales channels and/or vendors. Each type of partnership has its own unique set of advantages and challenges for successfully implementing and maintaining, therefore it’s important to evaluate each type to understand which is in your best interest to pursue.

Suppliers

Creating business relationships with suppliers usually makes great financial sense and can lead to unique business opportunities. Many suppliers are in a very competitive environment and constantly have to find new channels to sell their products. As a rule suppliers will

Broad coalition of small businesses, working parents and seniors calls on Oregon legislature to stand up to Wall Street pressure on retirement security

(Salem, Ore.)— The Retirement in Reach coalition (a broad group of organizations representing approximately 900,000 Oregonians) today attacked “Wall Street financial interests” that are fighting HB 3436B. In a press conference held at the Oregon State Capitol, the coalition called on the Oregon Legislature to pass the bill to create a task force to study ways to increase retirement savings for working Oregonians.

“This is a classic battle between Main Street and Wall Street,” said Deborah Field, co-owner of Paperjam Press in Portland and Executive Team Member of the Main Street Alliance of Oregon, an organization representing more than 1,200 small businesses around the state. “We support creating low-cost, simple ways for our employees to save for retirement, and HB 3436B is the first step. Opposition to this bill has been dominated by Wall Street lobbyists and big businesses and we want to be clear: they don’t speak for us.”

HB 3436B, passed by the Oregon House of Representatives on Monday, creates the Oregon Retirement Savings Investment Task Force, which includes representatives from employers, the financial services industry, the public and the State Treasurer. The task force is charged with developing recommendations for an Oregon Secure Retirement Plan—which would be available

Growing old can be risky business

Managing money can be difficult at any age. For older adults, changes in physical condition and life circumstances can lead to changes for the worse in financial behavior, putting their well-being in danger. Now those changes have been given a name: age-associated financial vulnerability.

Two experts in elder abuse coin the term and explain the concept in an opinion article published in the Oct. 13 issue of the Annals of Internal Medicine. They also call for research to identify and help older adults at risk from age-associated financial vulnerability, or AAFV for short.

They define the condition as “a pattern of financial behavior that places an older adult at substantial risk for a considerable loss of resources such that dramatic changes in quality of life would result.” To be considered AAFV, this behavior also must be a marked change from the kind of financial decisions a person made in younger years.

“For example, if an older adult gives his or her neighbor $10,000, this many be a sign of AAFV. However, if the older adult has given large sums of money to those in need throughout his or her adult lifetime, then the $10,000 gift in old age may not

A business, also known as an enterprise or a firm

Businesses are prevalent in capitalist economies, where most of them are privately owned and provide goods and services to customers for profit.

Businesses may also be not-for-profit or state-owned.

A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.

The etymology of “business” stems from the state of being busy, and implies commercially viable and profitable work.

The term “business” has at least three usages, depending on the scope in which it is used.

A business can mean a particular organization, while a more generalized usage refers to a particular market sector, i.e. “the music business.”

Compound forms such as agribusiness represent subsets of the word’s the broadest meaning, which encompasses all activity by all suppliers of goods and services.

Forms of business ownership vary by jurisdiction, but several common forms exist: Sole proprietorship: A sole proprietorship is owned by one person and operates for profit.

The owner may operate the business alone or employ other people.

A sole proprietor has unlimited liability for all obligations incurred by the business, whether from operating costs or judgements against the business.

All assets of the business belong to a sole proprietor, including, for example, computer infrastructure, any inventory, manufacturing

Why Walgreens Is Spending a Whopping $17.2 Billion to Gobble Up Rite Aid

Updated to include details now that the deal has been confirmed.

To better serve aging U.S. baby boomers and the growing number of Americans with health insurance under Obamacare, becoming bigger may be better for Walgreens Boots Alliance (WBA – Get Report) .

On Tuesday evening, Walgreens Boots Alliance announced that it will acquire smaller rival Rite Aid for $9 per share in cash, for a total enterprise value of approximately $17.2 billion, including acquired net debt. The purchase price represents a premium of 48% to Rite Aid’s closing price on Oct. 26, the day before the agreement was signed.

Shares of Rite Aid spiked about 43% on Tuesday, but fell roughly 6.9% in after-hours trading. Walgreens shares rose roughly 6.8% on Tuesday, and tacked on another 0.8% in after-hours trading.

“This combination will further strengthen our commitment to making quality healthcare accessible to more customers and patients — our complementary retail pharmacy footprints in the U.S. will create an even better network, with more health and wellness solutions available in stores and online,” said Walgreens Boots Alliance Executive Vice Chairman and CEO Stefano Pessina in a statement.

The combined company would be a drugstore retailing monster, operating over 12,000 locations in the U.S.

Refugee spending will drive our economy

The German government is banking on the refugees arriving in its cities by the thousands each day to help turbocharge its economy and offset the effects of weaker demand from China.

Increased state spending on refugees and private consumption will drive growth in Europe’s largest economy this year and next, German Vice Chancellor and Economy Minister Sigmar Gabriel said.
Migrants at Munich’s central train station. The federal government and states have set aside €10 billion to accommodate the new arrivals.

Migrants at Munich’s central train station. The federal government and states have set aside €10 billion to accommodate the new arrivals. Photo: Getty Images

Record numbers of people, fleeing war in the Middle East or seeking prosperity, have been arriving in Germany in recent weeks The federal government and states are spending €10 billion ($15.7 billion) on accommodating the new arrivals, integrating them and finding them jobs.
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“When it comes to refugees, the billions of euros we are planning to invest in education, kindergartens and schools will of course have an effect like a small stimulus package,” Gabriel said on Wednesday. The country’s aid in the refugee crisis was an investment in Germany’s future given its ageing population, he explained.

Having said that, consumer

Jobs data expected to remain solid

Australian economists are expecting flat, but sufficient jobs growth numbers, on Thursday after a run of surprisingly higher than expected growth months.

The Australian Bureau of Statistics will release September’s unemployment data at 11.30am. Slightly more than 14,000 additional new jobs are needed if Australia is going to maintain its current rate of 6.2 per cent unemployment. Analysts have a consensus view of 9600 new jobs, which would keep the employment rate on track after several surprisingly positive months.

Monthly employment numbers are particularly precarious as analysts wait to see the slowing mining boom, and associated redundancies and finished contracts, hit the totals.

Required employment growth. Photo: NAB

BetaShares economist David Bassanese said mining employment peaked in May 2012, and has shed 60,000 jobs since then, before 30,000 new jobs in mining were created over the past six months.

“It remains well above levels earlier this decade and further weakness seems likely,” he said.

The National Australia Bank said it was expecting employment growth will continue on trend in September.

“Forward indicators of employment growth remain solid, and suggest employment growth of around 17,000,” economist Tapas Strickland said.

“We suggest some moderation could be expected this month with our own headline models undershooting actual employment outcomes for

Oil rout puts almost everything on sale

More than $US200 billion worth of oil and natural gas assets are for sale globally as companies come under renewed financial pressure from the prolonged commodity price rout, according to IHS.

There are about 400 buying opportunities as of September, IHS chief upstream strategist Bob Fryklund said in an interview. Deals will accelerate later this year and into 2016 as companies sell assets to meet debt requirements, he said. West Texas Intermediate crude has averaged about $US51 a barrel this year, more than 40 per cent below the five-year mean.

Low prices have slashed profits and as of the second quarter about one-sixth of North American major independent crude and gas producers faced debt payments that are more than 20 per cent of their revenue. Companies have announced $US181.1 billion of oil and gas acquisitions this year, the most in more than a decade, compared with $US167.1 billion the same period in 2014, data compiled by Bloomberg show.

“Basically almost everything is for sale,” Fryklund said October 8 in Tokyo. “Low cycles are when a lot of these companies can rebalance their portfolios. In theory, this is when you upgrade your existing portfolio.”
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Companies with strong balance sheets are seeking buying opportunities, said

Bond market wonders if US Federal Reserve will even lift rates in March

First Treasuries traders were banking on September for the Federal Reserve to raise interest rates. Then they turned their focus to December. Now even March is looking like a toss-up.

The drumbeat of weaker-than-forecast global economic data continued Wednesday as September US retail sales fell short of analysts’ expectations. The report came after Fed Governor Daniel Tarullo, who votes on rate decisions, said Tuesday that he doesn’t currently favour an increase in 2015, even though chair Janet Yellen has said a move would probably be warranted. The Treasury sold four-week bills at a rate of zero per cent Wednesday, reflecting investors’ demand for a haven.

Traders’ bets that the Fed will lift its benchmark by year-end have dropped to less than a 30 per cent chance, and aren’t much higher for January. For March, the probability has tumbled to about 49 per cent, from 66 per cent at the start of the month. The calculation is based on the assumption that the effective fed funds rate will average 0.375 per cent after the first increase.

The economic figures “will certainly be highly influential for the Fed, particularly in its course of policy action and whether they are able to hike

Work-life balance poses challenges regardless of wealth

On a typical day, Brady Stewart, vice president of global e-commerce operations for Levi Strauss & Co, faces the type of competing demands for her time familiar to many high-achieving, high-income families.

Her husband, she said, “has a breakfast meeting, I have a call with Europe, my daughter wants to play baby mermaids, my son is starving, our dogs are barking, I need to get out the door for a work meeting and there’s a dinner at night”.

“It’s the time squeeze to be a great partner, professional, be in shape and have a great marriage,” she said. “You have to be a pretty ruthless prioritiser.”

She is. But that is no guarantee of success. “On the days when it all works out, you’ve been a baby mermaid, read four books, crushed it at work and had a nice dinner with your husband,” she said. “It’s so rewarding. On other days, it’s tough.”
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If there is a riddle that affluent, working parents can’t seem to solve, it is how to balance the many interests competing for their time: work, children, spouses, their own needs and wants.

Yes, they have more money than most people struggling to get by in similar situations, but any help

HR is not always here to help

This column is produced in commercial partnership with Maurice Blackburn

Human resources managers are the consummate politicians of the workplace.

Remember the HR manager is an employee too

They are the vanguard of workplace change and, if they are to be believed, such change is always for the better.

Workplaces are changing with a dizzying velocity. Human resources trends are ushered in with great fanfare.
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Like government programs, sometimes they succeed and endure. On other occasions, they fail. And like politicians who try to be all things to all people and rarely admit a stuff-up, disappointment – even disdain – is never far away.

Invariably we are disappointed with our HR managers because they don’t live up to our expectations. This raises an interesting question: why do we have such high expectations of them in the first place?

In part, we conceive of HR managers as arbiters of fairness and decency in the workplace. Twenty or so years ago, workplace policies were introduced into workplaces promising ethical, transparent workplaces that would not tolerate bullying, discrimination and other poor behaviour.

At present, off-the-shelf template policies are distributed in our workplaces by the HR team. Such policies are at least theoretically geared to creating a better workplace culture. But

What the Westpac loan hike could cost you

Home owners with a Westpac variable loan have been encouraged to shop around after a surprise rate rise that could add more than $20,000 to a 30-year loan.

The bank took the unusual step of lifting the interest rate on variable owner occupier loans out of line with the Reserve Bank by 0.2 percentage points from 5.48 per cent to 5.68 per cent.

For a home owner with a $500,000 loan, the increase would lift the total interest repayment from $519,000 over the life of the loan to $542,000 – a difference of $23,000, according to calculations by Mortgage Choice.
Westpac variable loan customers could pay $63 more a month.

Westpac variable loan customers could pay $63 more a month. Photo: Louie Douvis

On a monthly basis, it would see interest repayments go from $2832 to $2895 – $63 more a month.
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But it’s worth keeping in mind that rates over a 30-year period would be subject to frequent change, said Mortgage Choice spokeswoman Jessica Darnbrough.

“It will definitely have an impact on customers… but I don’t think it will be a break-the-bank impact,” she said.
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Ms Darnbrough said while the move wasn’t entirely surprising, given recent requirements for banks to hold more capital against

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