Punitive damages are damages imposed to punish certain defendants for malicious conduct, fraud or other despicable conduct. Such damages have nothing to do with compensating the victim of such conduct. They are imposed, in addition to compensatory damages, to punish the defendant for egregious wrongdoing. Imposition of such damages used to be relatively rare, but the frequency and amount of punitive damage awards - especially on business defendants - has increased dramatically in recent years. ...
When it comes to investing, patience can have its rewards. In fact, for the 10 years ended December 31,2006, a hypothetical $10,000 investment in Standard & Poor's 500 Index would have almost doubled to $19,147. However, if during this time frame, the investment would have missed:
Residential real estate prices may still have a ways to go before reaching a bottom. Let me shed some additional light on why this may be so, at least mathematically speaking. Back in July 2005, I wrote an article for The Signal titled "SCV Residential Real Estate May Be Overvalued by 23 to 40 Percent." I used a valuation tool called the net asset value model. This model is commonly used to value commercial real ...
First, it is a crime to pass a bad check. It is a misdemeanor punishable by imprisonment in the county jail for not more than one year, or in the state prison.
If the press is correct, and the economy is contracting, now is the time to take stock of your business.
Identity theft is a serious crime that every year claims victims from every walk of life. It has many sources and skilled identity thieves use a variety of methods to steal your information without your knowledge to commit fraud.
If you are a participant in a company sponsored 401(k) plan, there may be some benefit for you to consider an in-service distribution to an IRA. While it is important to save as much as possible for your retirement, it is also important to make your retirement dollars work as hard as possible; so an in-service withdrawal might make sense for you.
These days, it is virtually impossible to watch a television commercial or read a print advertisement and not run across a ® or . More and more, companies are promoting the branding of their goods and services and seeking to protect their brand with these little markings. The markings refer to trademarks claimed by the advertiser.
Life insurance is an excellent way of providing financial support for a surviving spouse or children upon the death of the family breadwinner or if both parents die. In certain cases, however, the IRS may take as much as 45 percent of the insurance death benefit.
In 1992, according to Census Bureau statistics, women owned 6.4 million firms, or a third of all businesses in this country. They brought in 10 percent of all small business revenue and only employed 15 percent of the nation's workforce.
There is no federal law called the "Family Responsibilities Discrimination Act" or the "Caregiver Discrimination Act." Nonetheless, there has been an increase in claims brought under a variety of federal statutes on behalf of job applicants or workers who assert discrimination by an employer on the basis of family-related decisions. Relevant federal statutes include the Americans with Disabilities Act, Title VII of the Civil Rights Act of 1964 and the Family and ...
When you leave a company where you have money invested in a tax-deferred retirement plan, such as a 401(k), you will be faced with a decision: What to do with the money accumulated in your account. While you may have the option to leave the money in your former employer's plan or withdraw it as cash, it often is more advantageous for you to "roll over" those funds into a Rollover IRA (Individual Retirement Account). ...
Smart business people know it's important to look for that extra "edge" that will develop new business, ensure you remain ahead of the competition, keep existing customers satisfied and basically make you and your business a success. Now that we've all had several weeks to attempt to keep our New Year's resolutions, let's take a look at what we can honestly do for a more successful year.
Even in 401(k)s, research has shown there is a difference between the genders when it comes to expectations and use of 401(k) plans. Women, according to a major financial company's research, are more likely to have a smaller account balance and to be more concerned about their ability to save enough for retirement than are men. And, women are more likely than men to highly value a 401(k) plan.
You get them in the mail, see them in the newspapers (in small print) and, sometimes, they are on (late-night) television: NOTICE OF SETTLEMENT OF CLASS ACTION.
One of my favorite books is "Unbroken," written by the same author who wrote "Seabiscuit," Laura Hillenbrand. The book is the story of Louie Zamperini, who ran at the age of 19 in the 1936 Berlin Olympics along side of Jessie Owens and Jackie Robinson.
This is the time of year when many businesses are slowing down, wrapping things up and getting ready for start of the New Year just ahead.
The week of December 9 – 15th is Computer Science Education Week, observed each year, in recognition of the birthday of Admiral Grace Murray Hopper. She was a naval officer and a computer scientist who over 60 years ago conceptualized the idea of machine independent programming language that led to the development of COBOL one of the first modern programming languages.
What will the housing market look like in 2014?
Do you remember riding Mr. Toad's Wild Ride in Disneyland?
I have been in companies going through periods of "rightsizing" - also known as "layoffs," "terminations" or "firings."
Millions of people have seen the recent "I Quit" video which went viral with over 15 million hits:
I wasn't too happy to read about the closing of the Spectrum Health Club in The Signal but I was not surprised. For many months my wife and I had been discussing the likelihood of it happening.
"But as for the cowardly, the faithless, the detestable, as for murderers, the sexually immoral, sorcerers, idolaters, and all liars, their portion will be in the lake that burns with fire and sulfur, which is the second death." Book of Revelations, chapter 28, verse 1.
What will the housing market look like in 2014?
Vince Lombardi spoke many years ago on a subject since known as "What It Takes to be Number One." It is about business, life and family.
Before hunting for a home or seeking a loan even people with perfect credit ratings need to check their credit reports for mistakes and, if necessary, get them fixed.
Does everyone at your company know what it takes to get a pay increase?
Hi. It's great to be back with The Mighty Signal. Hopefully you're glad to see me return. Now, on to today's legal drama.
It's the start of the final quarter of the calendar year. Your company is falling behind the plan you set at the beginning of the year and even though you revised the numbers at midyear, the company is still falling short.