Author: Editor

There are two words that Mark Parthemer knows will make his job more complicated: “blended family.” Parthemer is a chief wealth strategist at the management firm Glenmede, where he guides estate planning.Historically, inheritance has passed from parents to their offspring, and this setup often still guides estate planning today. Yet when families are blended — with multiple marriages, divorces, remarriages, and adult children from various relationships — that traditional framework becomes convoluted.”There are dynamics there that really demand diplomacy, tact, sensitivity, and a holistic perspective,” Parthemer says.Marriage, divorce, and remarriage — whether of the adult children or of the family…

Grant Thornton Advisors is adding Grant Thornton New Zealand to its multinational platform, extending its reach into the Asia Pacific region.The New Zealand firm has over $40 million in revenue and more than 300 employees. The deal is expected to close later this year and is the latest addition to Grant Thornton’s platform, which launched earlier this year after private equity firm New Mountain Capital acquired a majority stake last March. The platform currently includes Grant Thornton firms in the U.S., Ireland, France, the United Arab Emirates, the Netherlands, the Channel Islands and the Cayman Islands. It also announced transactions with…

Before getting into the particulars of how to find employees and optimize the employee search for small business owners, let’s look at a more general thought experiment.Imagine you’re on a blind date. In one scenario, you meet someone knowing nothing about them beyond what they choose to share with you in the moment. In another, you’ve already heard glowing reviews from several mutual friends who assure you you’ll be a great match.Clearly, the second situation would give anybody more confidence in the hopes of finding the right connection. The same principle applies when hiring new employees.When you’re looking for the…

Sports fans frustrated by the standoff between Disney and YouTube TV are sounding off on top ESPN personalities, and the network itself.Disney’s networks, including the ESPN channels, are unavailable on YouTube TV as part of a blackout that began on October 30. The media giant has said YouTube TV isn’t willing to pay the market rate.Meanwhile, the Google-owned live TV service has said that Disney’s proposal would force it to raise prices again, while helping Disney-controlled rivals like Fubo and Hulu + Live TV. YouTube TV promised to give its customers a $20 credit if the blackout drags on.The dispute…

Steve Cohen’s $41.5 billion firm will break its fundamental stock-picking unit into two separate brands starting in January.Point72 Asset Management is launching two new brands — Point72 Equities and Valist — according to an internal memo from Steve Cohen and Harry Schwefel, the firm’s co-chief investment officer, seen by Business Insider. Valist, trademarked last month, will start with about a dozen investing teams across various sectors, the memo said.The two units will report to the same leadership, helmed by Schwefel, and “will share the same best-in-class resources and collegial culture,” the memo, which went out to employees Monday, said. Where…

The first lawsuit challenging a new rule to alter a major student-loan forgiveness program for public servants has arrived.On Monday, advocacy groups Protect Borrowers and Democracy Forward filed a lawsuit on behalf of over a dozen cities, labor unions, and nonprofits over President Donald Trump’s new rule to limit the Public Service Loan Forgiveness program.PSLF was established by Congress in 2007 to forgive student debt for government and nonprofit workers after 10 years of qualifying payments. Last week, Trump’s Education Department announced that it finalized a rule to limit the eligibility of the program to bar employers who engage in…

A Michigan accountant has been charged with allegedly claiming to be a CPA and creating a false license for himself.Joseph Vanator of Vantors & Associates in Eaton Rapids, Michigan, was arraigned in late October and charged with one count of accounting violations, a five-year felony, according to the Michigan Attorney General’s office. Vanator allegedly created a false “Certificate/License To Practice Public Accounting” that appeared to be issued by the State of Michigan Department of Licensing and Regulatory Affairs. “Issuing certified public accountant licenses helps ensure that residents can trust that those providing financial services have the necessary training and expertise to…

A Pfizer logo is displayed at a research facility in the La Jolla neighborhood of San Diego, California, U.S., Sept. 30, 2025. Mike Blake | ReutersPfizer on Monday said it filed a second lawsuit against Novo Nordisk and Metsera, alleging that the Danish drugmaker’s attempt to outbid Pfizer to acquire the obesity biotech is anticompetitive. Pfizer alleges that Ozempic maker Novo Nordisk’s proposed acquisition of Metsera would help it maintain its dominant position in the blockbuster obesity market by eliminating a smaller potential competitor, according to the lawsuit filed Monday in the U.S. District Court in Delaware. The suit also alleges…

A Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris | Bloomberg | Getty ImagesWith more consumer companies preparing to report third-quarter earnings this week, Wall Street will be watching for signs of a bifurcated or “K-shaped” economy as consumers diverge in their spending behaviors.There have been increasing signals that wealthier Americans are spending more while lower-income Americans are significantly paring back their spending. Lower-income consumers have been hit hardest by rising inflation and escalating prices on essentials, with this month’s Consumer Price Index report indicating a 0.3% increase on the month, putting…

Ford Mustang Mach-E EV vehicles at a Ford dealership in Los Angeles, California, US, on Thursday, Oct 16, 2025. Kyle Grillot | Bloomberg | Getty ImagesDETROIT — Sales of all-electric vehicles collapsed last month following the end of up to $7,500 in federal incentives for purchasing an EV, several automakers said Monday.Ford Motor, Kia, Hyundai Motor and Toyota Motor reported massive declines in EV sales as many buyers pulled ahead purchases before the credits ended under changes by the Trump administration.Ford, which ranked third in U.S. EV sales through the third quarter, reported a 25% drop in its year-over-year all-electric…