Tue.Nov 12, 2024

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Big Company Red Flags You Can't Afford to Miss

Your Virtual Credit Manager

Monitoring and evaluating the credit risk posed by public companies and other large firms differs significantly in comparison to small and mid-sized businesses. While the principals of credit are the same for businesses of every size, there is a lot more information on the big guys making it easier to see any red flags that suggest they are in trouble.

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Illinois business owner charged for failing to pay $600,000 in Employment Taxes

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A Chicago federal grand jury indicted an Illinois business owner for not paying employment taxes in the region of $600,000, amongst other offenses. These included not filing business tax returns, wire fraud, and giving falsified information and statements on a loan application. The indictment returned centered on Steven Cordell, the owner and operator of Starfish Transportation Inc.

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240 Affordable Holiday Gift Ideas for Everyone on Your List

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You don’t have to let a tight budget dampen your holiday spirits. If you’re creative and shop carefully, you can spread joy without breaking the bank. Here are 240 easy and thoughtful gift ideas to help you feel the spirit of giving this holiday season. If you’re shopping for friends, family, or coworkers, you’ll find something for everyone.

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Tesla Stock Faces Uncertainty as Elon Musk Gains Potential Tax-Free Selling Option

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In a surprising turn of events, former President Donald Trump may have granted Tesla CEO Elon Musk a significant financial opportunity. This development could have far-reaching implications for Tesla’s stock and its shareholders. The Trump-Musk Connection Recent reports suggest that Elon Musk has been involved in Donald Trump’s campaign efforts.

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European Central Bank policymakers warn of trade war with US 

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European Central Bank policymakers have warned that a potential trade war is on the horizon due to incoming US protectionist policies. The news is part of a Reuters report on the emerging European banking and trade landscape following the 2024 United States Presidential Elections. Robert Holzmann, the chief of the Austrian central bank, was vocal about the impact of the policies if they were implemented with the proposed rates.

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