You’d think selling your wine brand to E&J Gallo would put you squarely on Easy Street. As accidental wine merchants Bonnie Harvey and Michael Houlihan found out, personal finance and entrepreneurship can make an awkward pair.
U.S. Commerce Secretary nominee Penny Pritzker received $54 million last year from an offshore trust in the Bahamas, according to a disclosure report that describes an empire of casinos, hotels, energy companies and family trusts that may be worth more than $2 billion.
March 1, 2013 - In a Saturday Night Live skit from several years ago, a TV pitchman played by Chris Parnell claims to have the solution for a couple (played by Steve Martin and Amy Poehler) stressed out by credit card debt. "I developed this unique new program for managing your debt," he says, handing Poehler a booklet. "It's called: "Don't Buy Stuff You CANNOT Afford."
Itau Unibanco Holding SA, Latin America’s largest bank by market value, agreed to buy Citigroup Inc.’s Credicard unit for 2.77 billion reais ($1.37 billion), gaining an additional 10 percent share of Brazil’s card market.