Phil Liao

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Obama Pitches Capital Gains Hike To 28% In 'Simpler, Fairer' Tax Code

Right before his State of the Union address to a Republican controlled Congress, President Obama has thrown down a tax gauntlet, proposing $320 billion in tax hikes. His signature ideas would make community college free, and would extend sick leave to working families. But his massive batch of tax …

Finance

Opinion: Why J.P. Morgan’s Dimon is wrong about what’s bedeviling banks

Say this for Jamie Dimon: The man’s got <i>cojones</i>.<p>J.P. Morgan & Chase’s JPM, +1.25% chief executive officer is taking a well-deserved roasting for …

GM Could Put Tesla Out Of Business Tomorrow If It Wanted

This all means that Tesla has become a great big target for anyone who thinks what is actually a very small startup car-maker could be due for a fall.<p>At the Detroit Auto Show, there was a lot of chatter about how General Motors had unveiled a "Tesla killer" when it rolled out a $30,000 electric …

Tesla

How This Teen Turned Her High School Internship Into A Game Design Career

Paulina Raguimov never expected to get paid to make video games when she walked into her high school’s career fair at 16.<p>She played them, sure. But when she walked up to the JumpStart booth to chat about the internships they had available, she had absolutely no experience with making games. “I …

A Hedge Fund With $830 Million In Assets Went Bust After The Swiss Franc Surge

Citing a person familiar with the firm, Bloomberg said the fund had been betting that the Swiss franc would decline. The fund had about $830 million in assets at the end of 2014, according to a client report cited by Bloomberg.<p>It said an Everest spokesman would not comment on the fund and …

Markets

How it is to have a trading job at Goldman Sachs or Morgan Stanley

Weighing up the difference between trading jobs at Morgan Stanley and Goldman Sachs<p>Both Goldman Sachs and Morgan Stanley have now released their 10Q …

Tax inversions can be bad for shareholders — and for America

Individual investors typically produce better results when they live by a set of rules and beliefs on what to buy, hold or sell.<p>Recently, based on …

Russia's economic advance is put to shame by bullet train China

A trans-Siberian train ride highlighted how China is racing ahead compared with Russia's slower progress<p>I have just returned from a mega train trip, starting in Moscow, following the route of the Trans-Siberian railway, and then branching off to Mongolia, ending up in Beijing. As well as enjoying …

Genghis Khan

A Chinese Man, A $50 Billion Plan And A Canal To Reshape Nicaragua

One hundred years ago today, the first ship passed through the brand-new, U.S.-built Panama Canal; a century later, Panama owns the canal outright, and the country is one of the most prosperous in the region.<p>Panama's neighbor to the north, Nicaragua, is hoping a transoceanic canal and similar …

9 Outstanding Apps for Adding Text to Your Photos

Add text to photos<p>Text on pictures — that’s the idea behind messaging, poster art, greeting cards and scenic displays. And font freaks (you know who you are) will always be on the lookout for ways to add text into snapshots and vacation photos. Happily, dressing up your photos with text can be done …

The hotel of the future? Despite the robots, it's mostly the same

The first thing I noticed upon entering the lobby of the Yotel, a micro-hotel near Times Square in Manhattan, was the robot in the room. Behind a …

America’s top prep schools can cost $1 million per family

Going to a top private school could cost an American family with two children nearly $1 million—or $500,000 per child. But short of that, sending …

Motorola, Nokia, And Nintendo Are All Suffering From 'Last Blockbuster Syndrome'

BGR writer Tero Kuittinen calls it <i>Last Blockbuster Syndrome</i>:<p>Often at the start of a massive trend shift in consumer electronics, dominant dinosaurs get one massive hit built on a nearly obsolete paradigm, and that allows them to be lulled into a comfy trip to the grave.<p>The case studies include …

Mobile Technology

'Fifty Shades of Frozen' Will Make You Feel Dirtier Than a Slush Puddle

If you thought the "Frozen" mash-ups were going to slow down any time soon, you were mistaken. The latest and greatest - or the ickiest, anyway - combines the dialogue from the trailer for "Fifty Shades of Grey" with scenes of Elsa and Hans in "Frozen."<p>That's right, our delightful heroine Anna is …

Pill could stop middle-aged spread before it starts

Scientstists at the University of Aberdeen have discovered what causes the middle-aged spread and how to turn if off with a new drug<p>Middle age is when your age starts to show around your middle, Bob Hope, the comedian, quipped.<p>But now scientists have discovered what causes the middle-aged spread, …

Economic recovery marked by lower-paying jobs, analysis finds

The U.S. economy this year recovered all of the jobs lost during the recession, but the new jobs pay an average of 23% less than the ones lost in the downturn, according to a new analysis.<p>Job losses in the higher-paying manufacturing and construction sectors largely have been replaced by jobs in …

Demographics

a Haven for Chinese ‘Economic Fugitives,’ China Says

More than 150 economic fugitives, many of whom are corrupt officials or suspected of graft in China, remain at large in the United States, state media said on Monday, citing a senior official from the ministry of public security. In a bid to hunt for more Chinese fugitives, China's Ministry of …

China

Freelance Site Fiverr Raises $30 Million in a Play to Become the 'Amazon of Marketplace Services'

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>When Fiverr launched in 2010, it was largely viewed as a place to browse for quirky services. Its premise – a site that allowed users to buy and sell 'gigs' for $5, hence the name – attracted the silly, the bizarre and the borderline …

Small Business

Google backs an undersea cable that will give the internet a big speed boost

The internet is quickest when you have a direct connection to the sites you're trying to reach, but that's a daunting challenge in the Pacific -- undersea network cables can cost hundreds of millions of dollars. It's therefore good to hear that Google and a host of telecom giants (China Mobile, …

Business cards grow a brain with SwivelCard

SwivelCard, a business card that folds into a USB drive, directs recipients to a Web page and can be updated, even after you've handed it out.<p>Most business cards end up in the recycle bin or tucked away in a drawer, discarded and forgotten. That's why there have been some creative attempts at …