U.S. vows 100% tariffs on French Champagne, cheese, handbags over digital tax

WASHINGTON (Reuters) – The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports from France of Champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companies. The U.S. Trade Representative’s office said its “Section 301” investigation found that the French tax was “inconsistent with prevailing principles of international tax policy, and is unusually burdensome for affected U.S. companies,” including Alphabet Inc’s Google (GOOGL.O), Facebook Inc (FB.O), Apple Inc (AAPL.O) and Amazon.com Inc (AMZN.O). U.S. Trade Representative Robert Lighthizer said the government was exploring whether to open similar investigations into the digital services taxes of Austria, Italy and Turkey. “The USTR is focused on countering the growing protectionism of EU member states, which unfairly targets U.S. companies,” Lighthizer said. His statement made no mention of proposed digital taxes in Canada or Britain. The U.S. trade agency said it would collect public comments through Jan. 14 on its proposed tariff list as well as the option of imposing fees or restrictions on French se...

Graduating Secured Credit Cards to Full Featured Products

In Mercator Advisory Group’s research on secured cards, we noted how the market changed since the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act) eliminated a series of unfair practices. Before the regulation, the market was filled with hard money lenders who took advantage of borrowers with sky-high interest rates and even worse junk fees. Things like application fees, activation fees, and risk fees tainted the product. The CARD Act cleaned up the business, and now top lenders, from Bank of America, Chase, Discover, and US Bank, offer worthwhile cards, with interest rates ranging from 11.65% to 24.99%, and reasonable, in-range fees.  Mastercard and Visa also came out with more rigorous standards for their franchisees. We peg the U.S. market at almost 5 million cards today, with the potential to embrace 500 percent more, given the number of low-banked, underbanked, and unbanked in the market. Working in credit for decades often brings friends and acquaintances with questions about “what is the best card for me to get?” Many times my answer is something along the lines of a Chase Freedom card, which I like because it carries an excellent reward str...

Zacks.com featured highlights include: Heico, Microsoft, Zoetis and Cadence

Chicago, IL – November 1, 2019 – Stocks in this week’s article are Heico Corporation HEI, Microsoft Corporation MSFT, Zoetis Inc. ZTS and Cadence Design System, Inc. CDNS. Growth at a reasonable price or GARP is an excellent way for investors to make some quick gains. This strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount. The GARP approach leads to the identification of stocks that are priced below the market or any reasonable target determined by fundamental analysis. These stocks also have solid prospects in terms of cash flow, revenues, earnings per share (EPS) and so on. That means a portfolio created on the basis of GARP strategy is expected to have stocks that offer the best of both value and growth investing. The GARP strategy seeks to offer an ideal investment by utilizing the best features of both value and growth investing. Investors adopting the GARP approach will prefer to buy stocks that are priced below the market or any reasonable target determined by fundamental analysis. These stocks also have solid prospects in cash flow, revenues, earnings per share (EPS) and so on. Both strong earnings growth...

Kelly Vaughan of Jag Products Inc. to be Featured on CUTV News Radio

SCANDIA, MINNESOTA, UNITED STATES, September 3, 2019 /EINPresswire.com/ — On a fateful trip to the Laughing Water Guest Ranch, Kelly Vaughan would meet Jim Gravelle, and change her life forever. Electric fencing for livestock is a psychological barrier. It keeps the livestock safe and protected within the area they are confined to. If you’re using a steel or a wooden post and if you have high-tension electrified wire, you need a plastic insulator to keep the wire away from the fence post and prevent it from shorting out. And so Jim took a leap of faith to believe in Kelly and her capabilities. The connection the two shared was instant and what resulted was a partnership for the ages. “The story behind our company gives people inspiration,” says Kelly. “You just don’t know if you don’t try.” Today, Kelly Vaughan is the owner of JAG Products, Inc. manufacturers of unique insulators for electric fencing used in the containment of livestock. “I went from never expecting in a million years to be an entrepreneur to now I’ve been one for 20 years,” says Kelly. “There are a lot of ups and downs., but at the end of the day, running your own business, being ...