Bay Area Economy Metrics 2024
As the year nears an end let’s revisit where the Bay Area’s stands in its long recovery from the pandemic. What we’re seeing is consistent with what the Economic Institute reported last Spring and before that in 2023: a mixed story of slow progress in addressing underlying challenges combined with resurgent innovation at the research and business level. Details are in the attachment. Here are some high-level takeaways: The Underlying Economy Job recovery lags California and the nation, largely due to
Webinar: Navigating the 2024 R&D tax relief landscape
View Webinar here:https://www.youtube.com/watch?v=XrVwjvL0Cf4 Webinar: Navigating the 2024 R&D tax relief landscape2 October 2024 / Insight posted in Webinars The past year has presented significant challenges for companies relying on government incentives to fund their innovation. With substantial changes to R&D tax reliefs in 2024, primarily through the introduction of the ‘merged’ scheme, alongside heightened HMRC scrutiny to combat fraud and abuse, it’s more crucial than ever for businesses to
Grant Thornton: CFOs navigate economic and political volatility
The drop in confidence in key fundamentals displayed in Grant Thornton's CFO survey for the third quarter of 2024 reflected the political and economic turbulence of the time. The survey began soon after Joe Biden exited the presidential race, and a significant stock market mini-slump occurred while the survey was in the field. In this environment, finance leaders' confidence in factors such as their ability to meet increased demand and cost control goals sank. But CFOs remained confident in their
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Considerations When Expanding Your Company’s Global Footprint
As commerce becomes increasingly integrated on a global scale, many companies areventuring into international waters. Facilitated, in part, by technological advancements,we’re seeing capital, goods, labor and services flow more freely across borders than ever before. Handling overseas financial transactions, like managing currency exposures, pricing, foreign bank services and overseas counterparty risks,can be challengingfor treasury staff.With that in mind, here are some key considerations when expanding
International Business Expansion Solutions, Presented by HSBC
Running a business is challenging, especially when you’re looking to grow internationally. With multiple accounts across the world, different financing options in different countries, inefficiencies in levels of capital and liquidity and frequent barriers to entry in new markets. HSBC can be your dedicated partner, delivering a consistent international banking experience, with solutions tailored to the unique needs of your business. With the depth and breadth of both our network and products, we are
California Employers with 1 or more employees are required by Law to offer a qualified Retirement Plan
By Brad Stephens, Tamalpais Asset Management Changing Environment for Retirement Savings As of 2024, employers with one or more employees are currently required by law to either offer their own qualified retirement plan or register for CalSavers. The CalSavers Retirement Savings Trust Act was enacted by the state of California in 2016 to address a gap in retirement savings options for many private-sector workers. Its goal is to make retirement savings more accessible to California
Artificial Intelligence (AI) and Competition Law: Balancing Innovation and Regulation
Recognising the extraordinarily rapid evolution of AI and its broad impact across many sectors, competition regulators in the UK, the EU and globally are moving quickly to ensure that the market remains competitive and that the technology is not used by companies to gain an unfair advantage or harm consumers. This discussion paper by law firm Squire Patton Boggs features key learnings from a recent roundtable co-hosted by our firm and the International Institute of Communications (IIC), which included
London Most Supportive Hub for Developing AI According to International Business Leaders
New research by London & Partners shows that over three-quarters (77%) of international business leaders in the AI sector consider London to be more supportive of AI development than other leading AI hubs. These findings come as international delegates gather in the capital for London Tech Week, Europe’s hottest tech event. Nearly half (45%) of respondents cited supportive government incentives and policies tailored for AI development as London’s key advantage, while 44% highlighted access to
Navigating the New 401(K) Rules With Tamalpais Asset Management
Tamalpais Asset Management 401(k) Advisory Services is focused on empowering businesses and their employees for retirement success, with tailored financial guidance and innovative solutions. Interested in learning more about TAM 401(k) Advisory, and how they can help your business’s retirement plan? Contact Brad Stephens, CRPS at brad@tamalpaisam.com or 650- 245-0737.
StartUp Grind's James Gee Published in Forbes Magazine
“The entrepreneurial ecosystem in the Bay Area is like no other.” James Gee, Global Partnerships Manager at Startup Grind, the leading global startup community dedicated to fostering the growth of early-stage companies, explains, “Here, innovation isn't just encouraged, it's a way of life. The huge number of brilliant minds means that investors are competing to fund the next big thing, and with a culture that celebrates risk-taking, it creates an environment that fosters unparalleled growth and
Travel Buyer Insight: Trends and Challenges Affecting Corporate Housing
Perspectives from Synergy’s Global Supply Chain Team In the ever-evolving landscape of providing furnished housing for corporate travel and mobility, accommodation providers find themselves navigating a sea of challenges. From disruptive technology to government regulation to evolving guest preferences and the tightening of travel budgets, there’s a lot happening in the sector. Here, we cover some of the most impactful occurrences that affect the delivery of successful corporate stay programs.Focus on
''No-Deal'' Brexit Checklist for Technology and Communications Businesses
The prospect of the United Kingdom making a no deal Brexit departure from the EU is now very real. The UK Prime Minister has been very clear that he intends to ensure that the UK leaves the EU by 31 October 2019. Technology and communications businesses need to prepare for the commercial impact. Our team of specialists at Bird & Bird have provided an update to our "No-Deal" Brexit Checklist for Technology & Communications companies which identifies key considerations to bear in mind for areas such as
