Flowers Foods Inc. may have made a $390 million grab for parts of Hostess Brands Inc.’s bread business on Friday, but the two bakery companies haven’t always been BFFs.
In fact, Flowers and Hostess have clashed over one of the very brands they’re seeking to fold into the proposed transaction: Nature’s Pride bread.
Regulatory changes to the 1099-B, 1099-K and 1042-S forms, intended to help reduce the $450 billion tax gap, will make it much more difficult to avoid penalties and tricky customer service issues.
If the JPMorgan Chase board docks CEO Jamie Dimon's compensation only for the London Whale's trading loss, he should consider himself fortunate that they are so myopic.
