Author: Editor

A Southwest Airlines plane takes off from Minneapolis–Saint Paul International Airport in Minneapolis, Minnesota, U.S., November 7, 2025. Tim Evans | ReutersSouthwest Airlines is “actively pursuing” the possibility of opening a network of airport lounges, CEO Bob Jordan told CNBC on Wednesday, as the airline industry continues to fight over premium travelers.”I think lounges would be a huge, next benefit for our customers,” Jordan said in an interview. “And you [would] have a lounge network that allows you to offer that premium credit card that provides lounge access.”Southwest is discussing airport leases and lounge possibilities, along with its credit card…

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BDO reported 4% growth in global annual revenue to $11 billion for the financial year ending Sept. 30, 2025.Processing ContentThe growth was led by BDO’s tax (7%) and advisory (4%) service lines, followed by audit and assurance (3%) and business services outsourcing (2%).. When including firms in the BDO Alliance, global revenue exceeds$16 billion, an increase of 7% in terms of U.S. dollars (or 5% in terms of euros to €15 billion) compared to 2024 and a five-year compound annual growth rate of 9%.”It has been another year of solid performance and progress,” said BDO global CEO Pat Kramer in…

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Donald Trump could help Brazil fight organized crime by arresting the Florida resident accused of being the South American country’s biggest tax evader, President Luiz Inacio Lula da Silva told his U.S. counterpart.Processing Content”One of the major bosses of Brazilian organized crime — who is the country’s largest debtor and a fuel importer — lives in Miami,” the Brazilian president said Tuesday, referencing his phone call with Trump last week. “So if he wants to help, let’s help by arresting that one right away.”Lula, as the leftist leader is known, did not name the person. But he was likely referring…

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HSBC Holdings Plc is poised to pay around $300 million to settle a French criminal case into its alleged role in the “Cum-Cum” tax scandal that’s embroiled some of the biggest banks in the country, according to people familiar with the matter.Processing ContentA proposed settlement with prosecutors from the Parquet National Financier is expected to be reviewed by a Paris judge at a court hearing in the next few weeks, said the people, who spoke on condition of anonymity. As part of the overall deal, London-based HSBC, which has a unit in France, has discussed a parallel arrangement to resolve…

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After a week of testimony about how Carl Rinsch spent millions of dollars on luxury mattresses, Uber Eats, Rolls-Royces, and stock and crypto trades — but not the sci-fi epic that Netflix ordered — the director got to tell his side of the story.On the witness stand Tuesday, Rinsch cast his dispute with Netflix as one big misunderstanding.In 2018, the streaming service had agreed to spend tens of millions of dollars on “White Horse,” a sci-fi project that depicted a world where artificial, clone-like beings created their own society after a schism with humankind. The show had the endorsement of…

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I watched my 7-year-old son observing his younger sister taking her first dance class. She skipped across the floor, jumping over a taped marking. His eyes were glued to each move. “Mom, can I take this class?” he asked. We’d spent the last week discussing swimming lessons, but dance could fill its place, so he joined.In the following months, I observed that ballet gave my son problem-solving skills in the form of choreography. At 14, he played Pinocchio. By the end of the performance, I’d felt his character’s entire journey. This was when I knew ballet was more than an…

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MrBeast became YouTube’s top star by making videos featuring stunts like burying himself alive or lavish cash giveaways. But could that format be reaching its limit?MrBeast, whose real name is Jimmy Donaldson, recently posted that he wasn’t satisfied with the quality of his videos and promised to go into “ultra grind mode and make the greatest content of my life in 2026.”Elaborating in an interview this month, he said he’s focusing on stories that are impactful or get people to “feel things.””We spent millions of dollars a video and we do these big spectacles,” he said, speaking at The New…

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Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | ReutersDETROIT — Rivian Automotive will let artificial intelligence take the wheel to try to convince investors that its future can be more lucrative than its past.The all-electric vehicle maker is set to host its first “Autonomy and AI Day” Thursday as its core business of producing and selling EVs hasn’t been as fruitful as expected since its initial public offering in 2021.Shares of the automaker are off more than 80% since then as internal and external…

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I always knew selling our house in Washington and moving across the country to live with my parents in Maryland was not my dream.However, the practical side of me thought it might at least be a good idea.For several years, my partner and I had been struggling with the high cost of living in Western Washington. And, like many millennials, I’ve struggled to juggle parenting, work, and a social life.By moving, I hoped we’d feel less stretched financially and mentally, and that our daughter (who was 2 years old at the time) would have more support from and involvement with…

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President Donald Trump signing the One Big Beautiful Bill ActKent Nishimura/Bloomberg The Treasury and the Internal Revenue Service have issued Notice 2026-05 providing guidance on new tax benefits for health savings account participants under the recent tax reform.The One Big Beautiful Bill Act expands access to HSAs by:Making permanent the ability to receive telehealth and other remote care services before meeting the high-deductible health plan deductible while remaining eligible to contribute to an HSA, effective for plan years beginning on or after Jan. 1, 2025.Treating bronze and catastrophic plans as HDHPS as of Jan. 1, 2026. Bronze and catastrophic plans available…

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