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Dan Bobkoff

  • Marijuana at a Denver dispensary.
    US
    What's The Best Way To Tax Marijuana? It Depends On What You Want
    Dan Bobkoff
    If you want to raise money, charge a sales tax. If you want people to smoke less, tax producers. Traditional economics says this shouldn't make a difference, but it does.
  • Indie Band Yellow Dogs Members Die In Murder Suicide
    Dan Bobkoff
    Two members of the up-and-coming indie band The Yellow Dogs were among the dead in a Monday morning murder-suicide in Brooklyn. It's a tragic ending for a band that came from Iran to escape crackdowns on rock music.
  • US
    How Much Is NPR's Brand Worth? $400 Million!*
    Dan Bobkoff
    The value of a brand doesn't include anything physical. It's just the name of the company — and all of the customer loyalty attached to that name.
  • US
    JPMorgan Chase Agrees To Pay $5.1 Billion To Feds
    Melissa Block
    JPMorgan Chase agreed pay $5.1 billion to settle litigation over mortgage assets sold during the housing bubble. The deal, announced late Friday afternoon, is to resolve claims the company misled Fannie Mae and Freddie Mac before the housing market crashed. It is part of a tentative $13 billion deal the company is trying to reach with federal and state agencies over its mortgage liabilities.
  • US
    Icahn Sinks His Teeth Into Apple's Stock Buyback Plan
    Dan Bobkoff
    Activist investor Carl Icahn has increased his stake in Apple and is pushing the company to replace its own stock buyback plan with a much more ambitious proposal. In a letter to Apple CEO Tim Cook, Icahn said that, given the size of Apple's cash holdings, its stock buyback should be $150 billion instead of the planned $60 billion.
  • US
    Is The JPMorgan Settlement Unfair?
    Dan Bobkoff
    The details are still being worked out, but JPMorgan Chase and the Justice Department have agreed to a $13 billion settlement that will close out numerous lawsuits. About $3 billion will go to compensate investors who lost money on securities from banks that JPMorgan acquired during the financial crisis. Federal prosecutors have agreed not to seek punitive damages against JPMorgan for losses related to those deals.
  • IRS offices around the country, like this one in Brooklyn, N.Y., have been closed since the partial government shutdown began two weeks ago. While the agency continues to cash checks from payees, refunds, audits and most other operations are suspended.
    US
    The IRS Can't Take Your Questions. It Will Take Your Return
    Dan Bobkoff
    Tuesday is the deadline for taxpayers who requested an extension on their 2012 tax returns. With most of its staff currently furloughed, the Internal Revenue Service is not answering calls, issuing refunds or collecting audits. Even so, don't expect a filing reprieve; the midnight deadline is still in effect.
  • US
    Three Americans Win Nobel Economics Prize
    Dan Bobkoff
    Three American professors won this year's Nobel Memorial Prize in Economic Sciences for their studies on asset prices.
  • JP Morgan Posts Loss Ahead Of Expected Fines
    Dan Bobkoff
    JP Morgan Chase reported something unusual today: a loss. The bank has been forced to set aside a huge cash reserve to cover expected fines and related legal costs. In the most recent quarter, the set-aside was so large — $9.1 billion — that it produced a net loss for the bank.
  • US
    What Happens When Stores Let Customers Return Whatever They Want?
    Dan Bobkoff
    L.L. Bean has taken back a live Christmas wreath that had turned brown and a shirt ripped by a rescue crew after a car accident. Is that any way to run a business?
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