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Intuit Selects Its New CFO

PYMNTS

23) that Michelle Clatterbuck, current senior vice president of finance for Intuit’s consumer tax group, and current acting finance leader for Intuit’s small business group, will assume the role of Intuit CFO starting Feb. Financial management software company Intuit has chosen a new chief financial officer.

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Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. Mordis pointed to CVS’s acquisition of pharmacy benefits manager Caremark in 2006, while just last month CVS received approval from the U.S. small business owners.

Capital 130
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A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. As of October, the US ranked 32 nd according to the Organization for Economic Co-operation and Development (OECD) data. What’s left is an estimate of personal savings.

US 52
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What’s Wrong With The Attack On Gig Economy Pay

PYMNTS

Yet here we are 13 years later, with a taxi industry that remains structurally identical to what it was in 2006 – and even 50 years before that – with drivers who are truly struggling to make ends meet. They want tools to help track their expenses and manage tax payments for the work they perform. Turning a Blind Eye.

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How About Profits in the Branch of the Future?

Jeff For Banks

This is down from 4.17% for banks and 2.51% for thrifts in 2006. Since 2006, community banks have recognized the need for greater balances in branches to improve profitability. But not to the point of the profits enjoyed by branches in 2006, which was approximately 2.73%, compared to 0.86% in 2014. Not very inspiring.

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Reading the Tea leaves at Centum, Kenya Airways, Safaricom

Bankelele

The B737-300s exit the fleet as JamboJet gains it’s Operating Certificate and determines its own fleet requirements. JamboJet lost Kshs 118 million so far, but KQ will apply a deferred tax of 221 million from Flamingo, their previous low cost subsidiary airline against that. The B777-300ERs provide growth in capacity.

Taxes 48
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Guest Post: First Quarter Economic Commentary by Dorothy Jaworski

Jeff For Banks

It has been nine years since the Fed last tightened policy in June, 2006; maybe they are getting anxious. The US has led the world in energy and oil production from its shale and fracking operations. Some Fed officials want to raise rates regardless, saying rates are just too low with an unemployment rate of 5.5%