According to a report published by Boston-based research group Cerulli Associates, the number of financial advisors in the United States has fallen for five straight years. The report points to large numbers of experienced advisors entering retirement as the cause of the decline in numbers of these professionals. In 2014 there were about 285,000 financial… Continue Reading
South Korean auto maker Hyundai Motors has announced its plans to enter the commercial auto market in Europe and the United States. The move is based on the prediction that car sales are on the rise in these markets. When the US and European consumers can expect to see Hyundai in their regions has yet… Continue Reading
Leveraged, inverse and inverse leveraged exchange-traded products first came on the scene in 2006. During the financial crisis, however, they rose to prominence as they showed outrageous returns. Many were attracted to the price swings and the opportunity to get amazing returns in a short period of time. Since that period, according to Michael Sapir,… Continue Reading
President Obama will be delivering the yearly State of the Union Address on Tuesday night not only to Americans, but to a Congress controlled by Republicans in both houses. Nevertheless, Obama has been signaling that he intends to introduce the idea of increasing taxes on the wealthiest Americans in order to pay for tax cuts… Continue Reading
The Global Business Travel Association (GBTA) released its summary of business travel statistics for 2014 this week, and the news is good. Business travel reached record levels, with about 484.4 million trips made creating some $292.2 billion in spending. The summary, which takes the past trends and projects them into the future, predicts that 2015… Continue Reading
Despite being mostly out of the debilitating recession of recent years and also being the strongest economy in the world, the United States still can’t seem to get its act together when it comes to making life easier and more productive for businessmen and entrepreneurs. At least that is what Forbes Magazine’s list of Ten… Continue Reading
A survey conducted by the financial information company Sageworks revealed US industries with the lowest profit margins over the past 12 months. The company examined over 1,000 industries and discovered that the vast majority of sectors are showing positive profit margins, while the most profitable industries have two digit margins. Profit margins are a good… Continue Reading
It’s not always easy for a woman in a man’s business world. But these days, more and more women are rising to the challenge. In this article, we focus on two such women who juggle the demands of an executive career in the insurance industry, with being a mom: Beatrice R. Perez and Inger Loftheim. … Continue Reading
In a move that could affect as many as 5,300 employees, Toyota will be moving its US headquarters from Torrance, outside Los Angeles, to a suburb of Dallas, Texas. The move will strategically locate the car manufacturer’s head office close to where the majority of its US product is built. Jim Lentz, chief executive of… Continue Reading
As part of a wider, international recall the giant Japanese automobile manufacturer, Toyota, is recalling 1.8 million vehicles for a variety of safety reasons. By the time the global recall is over at least6.39 million vehicles will have been sent back to the factory for repairs. In the United States the recall involves 1.3 million… Continue Reading