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It’s been “interesting” for Adriana Lima to navigate the sheer amount of personal information she hears from her younger coworkers, to say the least. On the one hand, she thinks it’s great to have open conversations about their anxieties around work, such as feeling uncomfortable on camera during video calls. On the other hand, she’s not qualified to weigh in on their mental health at the lunch table. She wants people to be comfortable on the job, but she also wants to keep the office from turning into therapy sessions. Lima, who’s a communications manager at a small startup, tries…
The Manhattan district attorney’s office said on Monday that it had charged the CFA Institute’s former chief marketing officer for embezzling millions. Prosecutors said he used the money to splurge on club memberships and luxury goods.Manhattan District Attorney Alvin Bragg said in a statement on Monday that Michael Collins, 61, “used his position as a marketing executive to embezzle nearly $6 million from two of his employers over the course of 8 years.” Collins pleaded not guilty to the charges.The embezzlement took place between 2016 and 2024, the statement said, citing court documents and statements made on record.Collins was the…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldPolicymakers in Washington are considering a multibillion-dollar tax break for private credit funds as part of President Donald Trump’s flagship spending plan, even as the bill would swell US debt and cut programmes such as indigent medical care.The proposal would limit taxes on dividends paid to investors in so-called business development companies, one of the primary investment vehicles utilised by the private credit industry. The terms were included in Trump’s “big, beautiful bill” that passed the US House of Representatives,…
Chairman of the Joint Chiefs of Staff Air Force Gen. Dan Caine discusses the mission details of a strike on Iran during a news conference at the Pentagon on June 22, 2025 in Arlington, Va. Andrew Harnik/Getty Images hide caption toggle caption Andrew Harnik/Getty Images The framers of the U.S. Constitution lived in an age of muskets and messengers, when war moved slowly and left time for Congress and the president to confer. But by giving Congress the power to declare war and the president command of the military, they set the stage for lasting struggle over U.S. forces. President…
The tie-up of two giant ad holding companies, Omnicom and Interpublic Group, is moving forward, but with an unusual caveat.With the Trump administration trying to fight what it considers an anti-conservative bias in corporate America, the Federal Trade Commission accepted a proposed consent order that would prohibit the companies from boycotting ad sellers based on their political or ideological viewpoints.Under the order, advertisers can still choose where their ads run, but the agencies can’t direct ad spend based on political considerations and can’t rely on “exclusion lists” that are based on such viewpoints.Given that many big advertisers don’t want their…
A United States Air Force Boeing C-17 used for deportation flights is pictured at Biggs Army Airfield in Fort Bliss, El Paso, Texas in February 2025. Justin Hamel/AFP via Getty Images hide caption toggle caption Justin Hamel/AFP via Getty Images The Supreme Court on Monday stayed a lower court order that required people set to be deported to countries other than their own to be allowed to challenge their deportation orders. The order focused on a flight carrying several men from various countries — including Myanmar, Laos, Vietnam, Cuba and Mexico — which was initially headed to South Sudan but…
Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pittsburgh, Pennsylvania. (Photo by Justin Berl/Getty Images)Justin Berl | Getty ImagesSports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field. More than two dozen NBA, NFL and NHL players participated in the company’s Athlete Immersion Program this past weekend as part of Fanatics Fest in New York City. The program included three days of workshops on business, entrepreneurship, tech and more. “This…
Since moving to our house a few years ago, my husband and I have spent hours working on the backyard, making it more fun and functional. From adding a garden to a massive play area, it’s a space that the whole family can enjoy.It’s been a ton of work — and there’s still plenty to be done — but it’s a growing work in progress that my two kids (ages 6 and 8), my neighbors, and I can all enjoy together.The real added bonus is that we don’t have to spend a lot of money on family trips this summer…
The Governmental Accounting Standards Board issued questions and answers to help explain certain pronouncements to stakeholders. The GASB periodically issues new and updated guidance to assist state and local governments in applying generally accepted accounting principles to specific facts and circumstances they encounter. The guidance is developed based on application issues raised during due process on pronouncements, questions it receives throughout the years, and topics identified by members of the Governmental Accounting Standards Advisory Council and other stakeholders. Implementation Guide No. 2025-1, Implementation Guidance Update–2025, addresses the application of GASB standards on leases, accounting changes and error corrections, conduit debt obligations,…
The expected SEC approval of ETF share classes for mutual funds and vice versa poses more technical and tax-related challenges than simply pressing a button to convert massive holdings.Dozens of asset management firms are waiting on the Securities and Exchange Commission to green-light the so-called dual share classes, also known as share-class relief. Approval will enable the companies to offer the same structure Vanguard pioneered in a patented design that expired two years ago. The firms applying to the Wall Street regulator for relief include rivals BlackRock, State Street, Dimensional Fund Advisors, JPMorgan Chase, Charles Schwab and T. Rowe Price. Vanguard…