No good deed goes unpunished, as the saying goes. On first impression, that’s what happened to Dr. Robert McClendon, a Texas physician. He lent $100,000 to a business to cover its payroll. And then he got hit with a $4.3 million IRS penalty for the company’s payroll taxes, a penalty that was just upheld in court. But, as often happens with taxes, the situation is more complex. The....More>>>
Next-generation tech like self-driving cars and augmented reality will need huge amounts of computing power.
AT&T (T, Tech30) on Tuesday detailed its plan to use “edge computing” and 5G to move data processing to the cloud, in order to better support these new technologies.
“[Edge computing] is like having a wireless supercomputer follow you wherever you....More>>>
Have you ever read something in the financial media and thought: is this even news?
I know. Every day, right?
I had that feeling on March 21, when I read a Bloomberg story saying that one type of stock—dividend growers—outperforms all others as interest rates rise.
To back it up, Bloomberg and Goldman Sachs (GS) looked at the performance of 50....More>>>
Park Electrochemical Corp (NYSE:PKE) files its latest 10-K with SEC for the fiscal year ended on February 28, 2017. Park Electrochemical Corp develops, manufactures, markets and sells digital and radio frequency microwave printed circuit materials products for the telecommunications and internet infrastructure and high-end computing markets. Park Electrochemical Corp has a market cap of $355.320....More>>>
Is the market finally noticing the mounting challenges facing Netflix (NASDAQ:NFLX) and the excessive risk in its stock? Based on recent price movement, the answer would be no. However, with Macquarie Capital recently downgrading Netflix to underperform, and others questioning NFLX’s valuation, the issues, which we highlighted long ago, that face the company are slowly coming to light.