Adam gibbons

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Egypt finance chief knocking down subsidies

Egypt finance chief says the nation's interim leaders are trying to pull the economy out of its slump and smooth challenges ahead of presidential and parliamentary elections.<p>CAIRO – In August, Egypt was in turmoil.<p>The elected president, Mohammed Morsi, had been ousted by the military following days …

Multi-Billion-Dollar Startup Airbnb Has Filed Its Form D For Its Latest $200 Million Round Of Financing*

Airbnb has closed a $200 million round of financing, according to a new SEC filing. That brings the company's total amount raised to $526 million (via Launch.co).<p>The round was confirmed in October, when Airbnb CTO Nate Blecharczyk said it was in the works and that Founders Fund was an investor. …

Former Goldman Banker: I Think I Found The Worst Personal Finance Book Ever

I have written several personal-finance book reviews in the past year and have found quite a bit positive to say about most of the books, especially emphasizing their usefulness for a particular audience.<p>For those burdened with high-interest debt, for example, I recommend <i>The Money Mentor</i>.<p>For people …

Guess Who’s Calling for Taxpayer-Financed Campaigns

Jonathan Soros, son of progressive billionaire investor George Soros, is among a group of 60 wealthy Democratic donors who signed a letter to members of Congress calling for taxpayer-financed political campaigns.<p>“We urge you to fix today’s broken campaign finance laws. Nothing less than our …

Ontario Finance Minister urges Ottawa to put transfer-funding help in budget

Ontario Finance Minister Charles Sousa is calling on the Harper government to make sure its upcoming budget helps the province out with more federal funding for health, education and social programs.<p>Sousa has fired off a letter to his federal counterpart Jim Flaherty over what the provincial …

London's finance hub changes tactics in meeting militant threat

LONDON (Reuters) - British police announced new tactics to deter militant attacks on London’s financial district on Monday, relying on large-scale and unpredictable deployments at key points rather than static “Ring of Steel” checkpoints used in the past.<p>The City of London business district is seen …

Incoming Senate Finance Chair Wyden Outlines His Tax Agenda

Senator Ron Wyden (D-OR), about to become the new chairman of the Senate Finance Committee, said Friday that he aims to eventually rewrite what he described as a “dysfunctional, rotting mess of a carcass that we call the tax code.” But in an acknowledgement of the challenges of tax reform, Wyden …