LONDON—The U.K. government Monday rushed to contain the growing backlash over its plan to limit tax relief on charitable giving, promising a full consultation on the controversial measure and saying it will work with charities to protect ...
Entrepreneur and philanthropist Chuck Feeney recently made news when his foundation donated $350 million to Cornell University. The huge gift was made to clinch that institution's victory in Mayor Michael Bloomberg's competition ...
In a key pretrial ruling in the insider-trading case against Rajat Gupta, a federal judge said he would allow prosecutors to play at trial three wiretap recordings, which lawyers for the former Goldman Sachs Group Inc. director had sought ...
Rajat Gupta's lawyers want to show at his insider-trading trial next week that the former Goldman Sachs Group Inc. director is motivated by things other than money.
Once someone has opened the door to a person soliciting a charitable donation, the "social pressure cost" of saying no is $1.40 to $3.80, a clever economic field experiment concludes. Many gifts in that range are essentially ...
Heaven help us. Jim Bakker, the disgraced 1980s televangelist whose "PTL Club" television empire was laid asunder by dual sex and money scandals, is out of prison and renouncing the prosperity gospel he once preached.
For Ryan Emah, a 7-year-old second-grader at Rolling Terrace Elementary School in Takoma Park, Md., a weekly allowance means considering charity for those less fortunate, learning what earning interest means—and Beyblades.
Tax laws change with alarming frequency, but some taxpayer errors are perennial. Here are 10 things that tax filers commonly forget to do, according to Greg Rosica, a tax partner at Ernst & Young and lead author of the Ernst & Young ...
Salvadore Salvo isn't afraid to share his faith at work. In fact, the devout Roman Catholic and financial adviser speaks about it quite frequently.
O'HARA TOWNSHIP, Pa.—For Mitt Romney, most campaign stops lately bring a story from his stewardship of the Olympics. In this Pittsburgh suburb he lauded the selflessness of the volunteers. In New York City, he talked about bringing the ...
"Tim Tebow, of course!" Ann Coulter said brightly, when asked her top pick from this year's Time 100 list. "Isn't he everyone's?" Ms. Coulter did admit, however, that she had not actually read the list in its entirety, and knew only two ...
NORTH BRUNSWICK, N.J.—Rabbi Robert Wolkoff has a recurrent nightmare. A congregant is lifting a holy Torah scroll high up in the air when it starts to tilt toward the ground.
It can't be much fun to work at the Federal Housing Finance Agency these days. The housing regulator is under fire from the left for not allowing Fannie Mae and Freddie Mac to allow loan forgiveness for troubled homeowners. The agency ...
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