HispanicBusiness

Finance Headlines

2013 BMO Small Business Confidence Report

According to the latest BMO Small Business Confidence Report released today, Canadian businesses remain confident in their business prospects and the state of the economy for 2013, with British Columbia and Atlantic Canada leading the way.

SC Credit Protection Offer Ends Sunday

South Carolina residents have until Sunday to accept the state Department of Revenue's offer of a year of credit monitoring and identity theft protection through Experian's ProtectMyID.

Corporate Tax Cut Good First Step, Say NM Legislators

State Sen. Stuart Ingle says legislation passed to attract and retain businesses to New Mexico may not fix all of the state's problems but it's a step in the right direction.

Morgan Stanley Sheds Overseas Wealth-management Clients

Swiss bank Credit Suisse said it had agreed with Morgan Stanley to take over the U.S. company's wealth management operations in Europe, the Middle East and Africa.

IRS Warns of Common Tax Scams

The Internal Revenue Service has issued a scam alert to help taxpayers stay out of trouble before mid-April's filing deadline. The IRS's "dirty dozen" scams include identity theft, false charities, "free money" tax claims circulating among churches, and phishing, in which perpetrators try to get important personal information from victims to use in their crimes.

Payroll Tax Hike Pinches Plenty in the Pocket

Many working Americans are already feeling the pinch from the boost in Social Security payroll taxes that kicked in Jan. 1, forcing them to pull back on spending, according to a survey by the accounting staff recruiter Accounting Principals.

Detroit Emergency Financial Manager Plan Decried

Amid shouts of "No justice, no peace," the call to action was clear Saturday as speakers at Historic King Solomon Baptist Church denounced the appointment of an emergency financial manager for Detroit-- and prepared for a battle.

SEC Brings Fraud Charges in John Thomas Capital Case

The Securities and Exchange Commission announced charges against a Houston-based hedge fund manager and his firm accused of defrauding investors in two hedge funds and steering bloated fees to a brokerage firm CEO who also is charged in the SEC's case.

Dollar General Posts Record Sales, Profit, Income

Dollar General Corp. today reported record sales, operating profit and net income for its fiscal 2012 fourth quarter and full year ended Feb. 1.

CAN Hits $3 Billion in Funding to Small Business

Through the success of Capital Access Network's online lending engine CapTap, small businesses have received $3 billion in working capital.

Apple Fixes iPhone Security Flaw

Apple says its latest update to the iOS 6 operating system fixes a security flaw that could allow access to an iPhone by circumventing the phone's lock screen.

Moody's Warns on Cyprus Tax Implications

The one-off tax on bank deposits in Cyprus would have negative consequences for depositors and creditors, ratings agency Moody's said Monday.

Bank of Nevada Boss Optimistic for Future of Region

Bruce Hendricks, Bank of Nevada's CEO, had an inkling his bank was in for good things after seeing positive signs the year before.

Markets Open Lower on Cyprus Bailout

U.S. stocks opened lower Monday on news that a bailout for Cyprus included a tax on bank deposits.

BofA Capital Plan Gets OK From Fed

Bank of America said it will repurchase up to $5 billion of common stock and redeem about $5.5 billion in preferred stock after it won Federal Reserve approval for its capital plan.