Wall Street just announced this week that we are in a bear market. I think this is old news. Anyone who works for a living, drives a car, has a mortgage or buys groceries came to that conclusion some time ago. For most of the past decade, stocks and mutual funds, the primary investment vehicle for most Americans, have been bogged down.
It has been a busy year for the courts and the legislature when it comes to changes in employment laws, and we have only completed the first six months. With additional landmark cases on the horizon, and a number of pending pieces of legislation, we could see a number of additional changes in the law over the last half of 2008, as well. The following are just a few of the new rules that employers should be aware of.
There is a tremendous amount of space between the official mission statement and what NASA did leading up what took place in 1969. The gap is a competitive advantage that has stood for the last 39 years.
You're at your desk at 8 a.m. every morning, you wouldn't think of pocketing even one paper clip, and you haven't worn flip-flops to work since you were a lifeguard, but there's more to getting that promotion than reading the employee manual and hitting deadlines. There are some mistakes that can put you on the manager's hit list the next time layoffs roll around, so let's see what they are:
Emotions can run high at the death of a family member. If a family member is unhappy with the amount received (or didn't receive) under a will, he or she may contest the will.
A lot has changed since you were a kid. Retirement has changed as well. The way you picture yourself in retirement is probably quite different from your parents' retirement. It is no longer about a few years of rest and relaxation. It is about pursuing your lifelong dreams, or discovering new ones.
As climbing energy and other underlying costs continue to erode the profit margins of many small businesses, owners are again considering whether they should raise prices. If you raise prices, you risk losing clients to competitors. If you don't, rising costs can capsize your company.
Just over four years ago, I wrote a column on leaders and leadership entitled, "14 Traits of Successful Leaders."
You are a civic-minded person. You live here, you work here and perhaps you own a business here. You want to help make Santa Clarita a better place to live.
So, when the opportunity to serve on a city commission, committee or advisory board comes along, you volunteer your talent and your precious time, all with the best of intentions.
With the current economic problems and energy costs Americans are faced with currently and for the immediate future, it is making it harder than ever to make or continue retirement planning contributions.
This is the final part in a two- part series about being audited by the IRS.
Last week, I presented information regarding your chances of being audited. For certain taxpayers, the odds are not getting better for you. So what can one do to reduce their chances of being audited?
For many people working in a business, days are filled with activity. At the end of each day, however, it might be difficult to remember what, if anything was actually achieved.
How did Newhall Land and Farming Company - the renowned, 125-year-old California real estate owner - end up in a bankruptcy court in Delaware?
In 2004, nationwide homebuilders Lennar and Lennar Property Corp. acquired it, then merged with some other major real estate concerns to form a business complex under the parentage of an entity called LandSource Communities, LLC, a limited liability company established under Delaware law.
Market volatility is a fact of life. Stock prices fluctuate from day to day, and markets move up and down over time along with the economy and business cycle. As a student of Jeremy Siegel of the School of Wharton, University of Pennsylvania, over time the market will return 8 to 9 percent over the cost of living.
This is the first part in a two-part series about being audited by the IRS.
Do you remember when Google was just a cool and reliable Internet search engine? PC Magazine recognized the company as the search engine of choice in the top 100 Web Sites for 1998.
Books like "Built to Last," "The Breakthrough Company," and "Good to Great" were written to help business people improve the companies they own, lead and run.
The housing market in the Santa Clarita Valley started the New Year tentatively, yet encouraging news abounds as the traditional Spring home buying season approaches.
If you wonder why your sales people aren't more productive, aren't making enough presentations and are slow to close deals, it might not be the industry you are in, your location or the economy not cooperating.
According to the recent news release from the Bureau of Labor Statistics the US economy added 113,000 jobs in January 2014 and, "…job gains occurred in construction, manufacturing, wholesale trade, and mining…Employment in manufacturing increased in January (+21,000)…Manufacturing added an average of 7,000 jobs per month in 2013."
Years ago a major manufacturer hired a research firm to conduct a survey of the cultural climate of the company.
Under the federal Ability-to-Repay rules that went into effect Jan. 10, lenders received guidelines on the type of financial information homebuyers must provide lenders when seeking a loan.
Research suggests that employees do not leave because of the company they work for, but they quit because of their manager.
What is our fascination with forecasts? Are they really helpful and how can we use them for planning purposes?
At the end of the first month of the year, are your objectives for 2014 being met? Have the results versus your goals left a gap? Are you worried that what happened or what didn't happen in January can spread to February? Or March?
In May, 1976 I had just finished what I first thought was my junior year of college. When I put a pencil to things, I discovered I was not 12 months away from graduation, but closer to two years.
When you think of California do words like innovative, leading-edge and trendy come to mind? A place where new ideas first take root before they become woven into the very fabric of the national culture and industrial base before becoming recognized around the world as being uniquely "American". If so, you may be surprised to learn that in one area, the critical business process of selecting and hiring new employees, California is lagging behind the rest of the country.
I recently conversed with the owner of a profitable company. She was interested in addressing some issues so she could return her attention to growing the business.