Login | April 13, 2025
The Daily Legal News
Business
Buzzkill: Trump's trade wars threaten America's craft brewers already reeling from changing tastes
Buzzkill: Trump's trade wars threaten America's craft brewers already reeling from changing tastes" class="img_border right margin_left"/>
America's craft brewers already have enough problems. Hard seltzers and cocktails are muscling into beer sales. Millennials and Gen Z don't drink as much as their elders. Brewpubs still haven't fully recovered from the shock of COVID-19 five years ago.
Now there's a new threat: President Donald Trump's tariffs, including levies ... (full story)
Tariffs and forbearance
Q: How, exactly, do tariffs work? -- P.N., Philadelphia
A: A tariff is a tax on an import -- and it's paid by importers, not foreign countries. As an example, the United States has recently had a 2.5% tariff on many imported passenger vehicles. So the American importer of a $20,000 vehicle would pay $500 -- which would go to the ... (full story)
'I bought their dream': How a US company's huge land deal in Senegal went bust
DAKAR, Senegal (AP) — Rusting pipes in a barren field and unpaid workers are what remain after a U.S. company promised to turn a huge piece of land in Senegal — about twice the size of Paris — into an agricultural project and create thousands of jobs.
In interviews with company officials and residents, The Asso ... (full story)
Founders of Black-owned brands adapt their hopes and business plans for a post-DEI era
Founders of Black-owned brands adapt their hopes and business plans for a post-DEI era" class="img_border right margin_left"/>
NEW YORK (AP) — The co-founders of a company that makes lip products for darker skin tones no longer hope to get their line into Target. A brother and sister who make jigsaw puzzles celebrating Black subjects wonder if they need to offer "neutral" images like landscapes to keep growing.
Pound Cake and Puzzles of ... (full story)
Are you a successor beneficiary? Navigating old & new RMD rules
If you inherited an IRA within the last few years, you've been dealing with dramatically new beneficiary rules adopted under SECURE Acts 1.0 and 2.0.
Here is something to think about: What happens when you, the beneficiary, pass away? What rules apply to a "successor beneficiary," someone who inherits the IRA from you ... (full story)