Chinese Investors Taking an Interest in Detroit

Author Financiarul Posted on November 26, 2014July 19, 2024Categories Business, Investing   Leave a comment on Chinese Investors Taking an Interest in Detroit

At its height, the city of Detroit was a manufacturing giant known mostly for automobile production. However, most Americans today will likely associate the metropolis with its abandoned buildings and financial woes, especially after a bankruptcy court approved a restructuring of the city’s $18 billion in accumulated debt in November. But despite these negative connotations, Chinese investors are reportedly taking advantage of low property prices and planning to give the Motor City the revival it desperately needs. With home properties … Continue reading “Chinese Investors Taking an Interest in Detroit”

Times Square is Illuminated (By the Biggest and Most Expensive Billboard Yet)

Author Financiarul Posted on November 18, 2014July 19, 2024Categories Business, Headlines, Sales & Marketing, TechnologyTags , ,   Leave a comment on Times Square is Illuminated (By the Biggest and Most Expensive Billboard Yet)

There’s one more thing lighting up Times Square these days, and it’s a pretty big deal. Literally. According to the New York Times, this week, the biggest — and priciest — digital billboard in Times Square has been illuminated. The colossal screen stands at about eight stories high and stretches the full block between 45th and 46th Streets. Lighting the billboard are some 24 million LEDs (light emitting diodes). LEDs are very energy-efficient solid light bulbs which save money and … Continue reading “Times Square is Illuminated (By the Biggest and Most Expensive Billboard Yet)”

Wisconsin DOT Budget Proposes Increased Taxes and Fees for Hybrid Owners and Diesel Users

Author Financiarul Posted on November 18, 2014July 19, 2024Categories Business, Taxes & LawTags , ,   Leave a comment on Wisconsin DOT Budget Proposes Increased Taxes and Fees for Hybrid Owners and Diesel Users

One of the incentives of buying a hybrid car, besides the attractive fuel economy and environmental friendliness, is that purchasing a new hybrid vehicle can come with federal tax benefits of up to $3,400. This benefit, however, has the chance of being undercut by tax increases proposed by the Wisconsin Department of Transportation. According to the Star Tribune, the Department of Transportation budget, which was submitted last Friday, outlines a few different tax and fee increases, which together amount to … Continue reading “Wisconsin DOT Budget Proposes Increased Taxes and Fees for Hybrid Owners and Diesel Users”

New Startup Builds Wearable, Medical Devices

Author Financiarul Posted on November 17, 2014July 19, 2024Categories Business, Entrepreneurs   Leave a comment on New Startup Builds Wearable, Medical Devices

For years, medicine has either come in bottles, or blister packaging — the cards with peelable lamination over single dose units — but a new startup is introducing an innovative way to package and administer medicine. Technically speaking, the Amiko Inhaler is a wearable activity tracker that wraps around medical packaging, which means it’s basically a personal medical assistant with a built-in inhaler. Though there have been scores of other such devices that monitor wearers’ health signs before, Amiko is … Continue reading “New Startup Builds Wearable, Medical Devices”

Workers’ Compensation Costs Are Highest in California, but System is Inefficient

Author Financiarul Posted on November 13, 2014July 19, 2024Categories Taxes & Law   Leave a comment on Workers’ Compensation Costs Are Highest in California, but System is Inefficient

Workers’ compensation can cost businesses a pretty penny, and that’s especially true in California. According to a recent report cited in the Sacramento Business Journal, workers’ compensation costs more in California than anywhere else in the country. The Workers’ Compensation Premium Rate Ranking Summary, which compiled these findings, was conducted by Oregon’s Department of Consumer and Business Services. It discovered that for every $100 the average California business spends on payroll, they spend $3.48 on costs related to workers’ compensation. To … Continue reading “Workers’ Compensation Costs Are Highest in California, but System is Inefficient”

New Study Finds That Getting More Sleep Means Needing Less Sick Leave

Author Financiarul Posted on November 12, 2014July 19, 2024Categories Business, Leadership   Leave a comment on New Study Finds That Getting More Sleep Means Needing Less Sick Leave

It’s long been known that adults require approximately hours of sleep every night, but a new study published in the medical journal Sleep gives a new reason to get all 40 winks — employees who get enough sleep are less likely to take sick days. Researchers surveyed 3,760 men and women ages 30 to 64 on their sleep habits, and then compared their answers with work absenteeism data from each participant over the course of 7.2 years. The survey also took into … Continue reading “New Study Finds That Getting More Sleep Means Needing Less Sick Leave”

Safer Streets in NYC Come With Financial Benefits for City Residents

Author Financiarul Posted on November 11, 2014July 19, 2024Categories Business   Leave a comment on Safer Streets in NYC Come With Financial Benefits for City Residents

New York City drivers are in the middle of a sticky situation right now, as the city starts enforcing its new 25 mph speed limit. Starting on Friday, November 7, any vehicle caught driving over the 25 mph limit — lowered from the standard 30 mph limit that NYC has used for quite some time — will be charged with a minimum fine of $150 if caught and pulled over by a law enforcement official in person (although the fine … Continue reading “Safer Streets in NYC Come With Financial Benefits for City Residents”