Amancio Ortega, the world’s third- richest man, widened his lead over billionaire fast-fashion rivals Stefan Persson and Tadashi Yanai last week, as strong performance from his Inditex SA gave further rise to a fortune that has risen more than 57 percent since the March 2012 debut of the Bloomberg Billionaires Index.
Indonesia’s record current-account deficit will drive away foreign investors and add pressure on the rupiah, the worst-performing currency in Asia since the beginning of June, according to Nomura Holdings Inc.
Kat Morgan will check a “married” box on her federal tax return next year for the first time since her 2009 wedding, now that the Internal Revenue Service will recognize same-sex marriages no matter where couples live.
Proceed with care. That’s what bankers, accountants and wealth managers are telling same-sex couples considering financial changes because of the Supreme Court’s rejection of a federal law denying them benefits.
The U.S. Internal Revenue Service, already under unprecedented scrutiny, must make another tough call -- whether to recognize the same-sex marriages of taxpayers whose home states don’t consider the unions legal.
A new theatrical adaptation of “Frankenstein” in London has a well-loved story, an Oscar- winning director and two electrifying actors as the leads. All that and a gimmick, too. It’s an embarrassment of riches.