For families around the world and especially in Latin America, receiving money transfers from relatives working in the U.S. provides a critical line of support. With a large immigrant population, Chicago has been a significant source of these money transfers.
The Group of Seven wealthy democracies agreed Saturday to support a global minimum corporate tax of at least 15% to deter multinational companies from avoiding taxes by stashing profits in low-rate countries.
“Bravery means that you’re fearful,” Ariel Investments President Mellody Hobson said to an audience of 1,600 during the annual Women in the Forefront luncheon last week. “You cannot be brave without fear. I think that’s more important than anything else, especially for women.”
Billionaire Sam Zell is just the latest to sue former Tribune Company shareholders in an effort to claw back more than $2.5 billion. We speak with a bankruptcy expert to see if this can actually happen.