Dan Bobkoff

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Economy
4:53 pm
Mon February 25, 2013

Too Soon To Blame Payroll Tax For Stagnant Retail Sales?

Wal-Mart is one of several large retailers that say an increase in the payroll tax may hurt U.S. sales in the months ahead.
Daniel Acker Bloomberg via Getty Images

Originally published on Mon February 25, 2013 6:23 pm

For Darden Restaurants, the company behind Olive Garden and Red Lobster, its earnings projections out last week were not pretty. Sales will fall, it said, and company CEO Clarence Otis called higher payroll taxes a "headwind."

After a two-year tax break, the payroll tax, which funds Social Security payments, went back up to 6.2 percent on Jan. 1. The 2-percentage-point increase is an extra $80 a month in taxes for someone earning $50,000 a year.

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Business
3:41 pm
Wed February 20, 2013

For The Publicly Traded, Going Private Can Be Risky Business

Dell's founder and another tech company have announced plans to take the computer giant private. While companies can benefit from withdrawing from the stock market, there are potential pitfalls as well.
Paul Sakuma AP

Originally published on Wed February 20, 2013 5:11 pm

It's been a busy month for corporate America.

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U.S.
3:20 pm
Mon February 18, 2013

What Happens When Someone Else Gets Your Tax Refund

Todd Macy, a banker from Marin County, Calif., was the victim of identity theft. Nearly a year after filing his return, he's still waiting for his federal tax refund.
Courtesy of Todd Macy

Originally published on Mon February 18, 2013 5:27 pm

If you usually wait until April to file your taxes, you might want to hurry up — before identity thieves beat you to it. Using stolen names and Social Security numbers, these criminals file fake tax returns with false wage and withholding information. This generates big — and fraudulent — refunds, before the real taxpayer gets around to filing.

The Internal Revenue Service says it's busy working to combat what prosecutors call a fraud epidemic.

Most taxpayers don't have any idea something is wrong until they hit the send button on their taxes and get an error message.

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Business
5:12 am
Fri February 15, 2013

How Will Proposed Merger Affect Airline Passengers?

Originally published on Fri February 15, 2013 7:39 am

Conventional wisdom says fewer airlines mean higher fares and fewer flights. But experts say the American Airlines-U.S. Airways proposed merger is a mixed bag. Past mergers haven't led to significantly higher fares, but will this time be different?

All Tech Considered
2:23 am
Mon September 24, 2012

Employee Shopping: 'Acqui-Hire' Is The New Normal In Silicon Valley

A Google logo is seen through windows of Moscone Center in San Francisco during Google's annual developer conference, Google I/O, in June. Google is one of several major tech companies known for the "acqui-hire."
AFP AFP/Getty Images

Originally published on Tue September 25, 2012 8:08 am

Tech companies like Google, Facebook and Zynga are on a shopping spree. They're buying small startups with innovative products and apps. But, many times, the tech giants don't care about what the small companies were producing. They just want the engineers.

There's a new name for these deals: the "acqui-hire," and it could mean the end to your favorite app.

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