• New York, UPS spar over proposed $872 million fine for cigarette shipments
    UPS
    Reuters6 hours ago

    New York, UPS spar over proposed $872 million fine for cigarette shipments

    The closing arguments came in a lawsuit over whether UPS illegally shipped more than 683,000 cartons of untaxed cigarettes, mostly from reservation smoke shops. John Oleske, a lawyer for New York state, urged U.S. District Judge Katherine Forrest in Manhattan to impose an $872 million fine.

  • Secrets of the Millionaire Next Door
    Lifestyle
    Kiplinger.com16 hours ago

    Secrets of the Millionaire Next Door

    Ever have one of those situations where you find out your brown-bagging coworker has a house at the beach? Or that the unassuming guy who sings next to you in the church choir made a five-figure donation to the symphony? You must be in the presence of what we like to call the "invisible rich." So, how do they do it? Sure, money like that can come from an inheritance or some other break, but more often than not, it’s the result of diligence, smart choices and, well, deferred gratification. The tenets followed by these secret millionaires next door can also put you on the path to financial prosperity. Let's look at some of them. Number 1: They don’t spend beyond their means Yes, this is obvious,

  • Another huge insurer could dump Obamacare
    Business
    Business Insider15 hours ago

    Another huge insurer could dump Obamacare

    Anthem, one of the five largest public health-insurance companies in the US, may pull out of the Affordable Care Act's public exchanges if the market does not improve in 2017. After the release of Anthem's third-quarter results on Wednesday, CEO Joseph Swedish said the insurer would evaluate its participation in the exchanges, established under the law better known as Obamacare, for 2018 when it gets the results of the 2017 plan year. A scale back by Anthem would make it the fourth of the five largest US health-insurance companies to pull out substantially from the markets after Aetna, UnitedHealthcare, and Humana.