Monthly Archive: May 2012

May 22

Visa-Free Floating Technology Incubators

Blueseed, a proposed tech incubator, is scheduled to open for business in late 2013 or early 2014.  Blueseed will float in international waters, some 12 nautical miles away from Silicon Valley.  This way, new companies can thrive without worrying about U.S. regulations getting in the way of tech innovation.  A foreign national needs a visa …

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Permanent link to this article: http://betweenthenumbers.net/2012/05/visa-free-floating-technology-incubators/

May 21

Sixth Circuit Provides Practical Guidance Regarding Expert Testimony Admissibility

In Newell Rubbermaid, Inc. vs. The Raymond Corporation (No. 10-3912, April 3, 2012), the Sixth Circuit evaluated the trial court’s exclusion of Plaintiff’s expert testimony, and related successful defendant motion for summary judgment because of a failure to have minimally-required expert witness evidence. In upholding the trial court’s exclusion under the abuse of discretion standard, …

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Permanent link to this article: http://betweenthenumbers.net/2012/05/sixth-circuit-provides-practical-guidance-regarding-expert-testimony-admissibility/

May 20

Money is the most common source of a couple’s discord

On May 4, the American Institute of Certified Public Accountants (AICPA) released the results of a phone survey of over a thousand nationally-representative sample of adults. The survey explored reasons for disagreements. Twenty-seven percent said disagreements over money are the most common, placing this subject ahead of all other topics, including children, chores, work and …

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Permanent link to this article: http://betweenthenumbers.net/2012/05/money-is-the-most-common-source-of-a-couples-discord/

May 19

FTC and Skechers Agree to a $40 Million Settlement

The Federal Trade Commission (“FTC”) and Sketcher USA Inc. reached a $40 million settlement on charges that Sketchers deceived consumers.  The FTC joined with 45 attorneys nationwide in the consumer protection agency’s claims against Sketchers. According to the FTC, The Federal Trade Commission announced that Skechers USA, Inc. has agreed to pay $40 million to …

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Permanent link to this article: http://betweenthenumbers.net/2012/05/ftc-and-skechers-agree-to-a-40-million-settlement/

May 18

“Amazon law” in Illinois is thrown out

As more and more commerce goes online, states have struggled with how to tax transactions that are not entirely within their borders. Under the U.S. Supreme Court’s decision in Quill Corp. v. N.D., 504 U.S. 298 (U.S. 1992) and other cases, a physical presence is required before a state may exercise tax jurisdiction over out-of-state …

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Permanent link to this article: http://betweenthenumbers.net/2012/05/amazon-law-in-illinois-is-thrown-out/

May 17

December is the most popular time to make new people

Based on data of birth records from 1973 to 1999 in the United States, the 5 most popular dates to get pregnant are all in December: December 11 December 4 December 18 December 12 December 17 These days are calculated by subtracting the average length of pregnancy from the most common dates of birth. According …

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Permanent link to this article: http://betweenthenumbers.net/2012/05/december-is-the-most-popular-time-to-make-new-people/

May 16

Facebook Faces Challenges According to a New Poll

Days before Facebook’s initial public offering, a survey of the general population gives a sobering view of what Facebook needs to justify its market value. The poll was sponsored by the Associated Press and CNBC and conducted by GfK Roper between May 3rd and 7th of 2012.  It was a random phone survey of 1004 adults …

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Permanent link to this article: http://betweenthenumbers.net/2012/05/facebook-faces-challenges-according-to-a-new-poll/

May 15

California’s Self-Inflicted Last-Place Position Continues for an Eighth Straight Year

CEO magazine released its eighth annual survey of the best and worst states in which to do business. California managed to be rated dead last in the entire country for the eighth year in a row. There is only one reason for this. California’s taxation and regulation score is by far the worse in the …

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Permanent link to this article: http://betweenthenumbers.net/2012/05/californias-self-inflicted-last-place-position-continues-for-an-eighth-straight-year/

May 14

Fulcrum Inquiry beat Apple’s 401(k) innovation

In a Bloomberg audio report regarding the use of exchange traded funds (ETFs) in 401(k) plans, Apple was identified as having an all ETF 401(k) plan. This shows Apple’s innovation in ways outside of their products, as there are challenges in using ETFs with the recordkeeping platforms that most plans use. Because of the resistance …

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Permanent link to this article: http://betweenthenumbers.net/2012/05/fulcrum-inquiry-beat-apples-401k-innovation/

May 12

New Inspector General for TARP starts with a flair

Christy Romero has not held the top job at the office of Special Inspector General for TARP (SIGTARP) for very long. The Senate just confirmed her nomination on March 29, 2012. Before this, she was SIGTARP’s Deputy Inspector General. Ms. Romero’s April 25, 2012 report is her first, but it reads with the confidence of …

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Permanent link to this article: http://betweenthenumbers.net/2012/05/new-inspector-general-for-tarp-starts-with-a-flair/

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