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Doing Business with Boeing

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Since The Boeing Company s inception over 100 years ago, the partnership between Boeing and its global suppliers has created a legacy of aerospace excellence. In today s global economy, the relationships we forge with suppliers are key to our team s agility, integrity and competitiveness and our ability to meet our customers needs. We work as one team, with one future.

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Home, Business Victoria, doing business as.#Doing #business #as


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Advancing Victorian Manufacturing is the Victorian Government’s blueprint for growth of manufacturing in Victoria.

Doing business as

You can do good and make money at the same time. That’s the message from Bessi Graham of The Difference Incubator.

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Victorian Government support is available to businesses experiencing significant rises to gas and electricity costs.

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Small Business Victoria Workshops are low cost, practical and run by experts in their fields year round across metro and regional Victoria.

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To help get your business moving, the Small Business Bus is now touring Victoria bringing expert advice and assistance to you.

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Find everything you need to know about grants and assistance programs to start, run and grow your business.

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ABLIS is a free online tool which helps you find government licences, permits and registrations applicable to your business.

Small Business Victoria Update

Tips, tools, news and events to help you run and grow your business – delivered fortnightly.



Women, Business and the Law – World Bank Group – Promote Gender

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Home, Business Victoria, doing business as.#Doing #business #as


Site Navigation Menu

Doing business as

Doing business as

Advancing Victorian Manufacturing is the Victorian Government’s blueprint for growth of manufacturing in Victoria.

Doing business as

You can do good and make money at the same time. That’s the message from Bessi Graham of The Difference Incubator.

Doing business as

Victorian Government support is available to businesses experiencing significant rises to gas and electricity costs.

Doing business as

Small Business Victoria Workshops are low cost, practical and run by experts in their fields year round across metro and regional Victoria.

Doing business as

To help get your business moving, the Small Business Bus is now touring Victoria bringing expert advice and assistance to you.

Doing business as

Find everything you need to know about grants and assistance programs to start, run and grow your business.

Doing business as

ABLIS is a free online tool which helps you find government licences, permits and registrations applicable to your business.

Small Business Victoria Update

Tips, tools, news and events to help you run and grow your business – delivered fortnightly.



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Ailes is out as Fox News head, Murdoch named acting chief #what

#fox news business

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Ailes is out as Fox News head, Murdoch named acting chief

NEW YORK (AP) — Roger Ailes is out as chief executive at Fox News Channel, his career at the network he built from scratch and ran with an iron hand for nearly 20 years over with stunning swiftness following allegations that he forced out a former anchor after she spurned his sexual advances.

Network parent 21st Century Fox said Thursday that Rupert Murdoch, the company’s executive chairman, would run Fox News and its sister Fox Business Network, which Ailes had also led, until a successor could be found.

Murdoch and 21st Century Fox did not address the widening scandal in the statement on the resignation but lauded Ailes for his contributions. Ailes did not comment in the resignation announcement.

“I am personally committed to ensuring that Fox News remains a distinctive, powerful voice,” Murdoch said. “Our nation needs a robust Fox News to resonate from every corner of the country.”

Cutting short a vacation, the 85-year-old Murdoch addressed Fox News employees in New York on Thursday. Details were not given on the settlement agreement for a contract that was supposed to run through 2018, but Ailes is expected to get a payment of at least $40 million.

Ailes will have no formal role in the company, but is expected to serve as an informal adviser to Murdoch, said a person familiar with the agreement who spoke on condition of anonymity because it is a personnel matter. The deal is also said to have a standard no-compete clause.

Fox is heading into a general election campaign in its customary spot at the top of the ratings, but without the man who sets its editorial tone every day. The announcement came on the day Donald Trump is to accept the GOP nomination for president, a speech likely to be watched by more people on Fox than any other network.

The blustery, 76-year-old media executive built a network that both transformed the news business and changed the political conversation. Fox News Channel provided a television home to conservatives who had felt left out of the media, and played a part in advancing a rough-and-tumble style of politics that left many concerned that it was impossible to get things done in government.

Ailes’ downfall began with the July 6 filing of a lawsuit by Gretchen Carlson, who charged that he sabotaged her career because she refused his suggestions for sex and had complained about a pervasive atmosphere of sexual harassment at Fox. Ailes has denied the charges, but 21st Century Fox hired a law firm to investigate.

In a statement, Carlson’s attorneys credited Carlson’s “extraordinary courage” with causing “a seismic shift in the media world.”

Several Fox employees jumped to Ailes’ defense, but notably not Megyn Kelly, one of Fox’s top personalities. In rapid succession, it was reported that Kelly was among other women who had told investigators about harassment — again denied by Ailes — and that corporate heads Rupert Murdoch and his sons, James and Lachlan, determined that Ailes had to go. The company has no plans to make results of its investigation public.

Within two weeks of the court filing, Carlson’s lawyers also said more than 20 women had contacted the firm with stories of alleged harassment by Ailes either against themselves or someone they knew. Two came forward publicly.

Before the charges, Fox’s sheer success had insulated Ailes despite some previous scrapes with the Murdoch sons over who he would report to. Fox News Channel is the parent company’s single most important property, said Pivotal Research Group analyst Brian Wieser, with some estimates that it accounted for nearly a quarter of the company’s profits.

Ailes was a prominent Republican media consultant who later ran CNBC before Murdoch asked him to create a cable news network to compete with CNN at the same time MSNBC was starting. Ailes’ slogans, “fair and balanced” and “we report, you decide,” appealed to an audience that believed mainstream outlets didn’t live up to those promises.

“He was ahead of his time in recognizing that dividing, not uniting, an audience would be the key to commercial success in the 21st Century cable news business,” said Matt Sienkiewicz, communications professor at Boston College. Ailes blew apart the notion that public affairs programming should target a broad audience with civil debates, he said.

Ailes hired a combative broadcast journeyman in Bill O’Reilly and turned him into the star of an opinionated prime-time lineup. He directed news coverage and emphasized issues like the so-called “war on Christmas” or the Benghazi investigation that otherwise got little attention. Republican politicians considered Fox the first stop for reaching their intended audience, and they learned to talk tough. “We’re not going to be defensive about anything,” Ailes said at the network’s launch.

“It is always difficult to create a channel or a publication from the ground up and against seemingly entrenched monopolies,” Murdoch said on Thursday. “(Ailes’) grasp of policy and his ability to make profoundly important issues accessible to a broader audience stand in stark contrast to the self-serving elitism that characterizes far too much of the media.”

He was also a showman. Fox had flashier graphics, brighter colors and a vitality its staid rivals lacked. The daytime show “Outnumbered” is a classic Ailes concept: four women in dresses, their legs prominently displayed, debating issues with a single male panelist.

In 2011, Ailes told The Associated Press that he hired Sarah Palin as an analyst — a decision that later gave him headaches — “because she was hot and got ratings.”

Ailes demanded and usually received loyalty from a team that knew there could be hell to pay otherwise. When Paula Zahn left Fox for a job at CNN, Ailes retaliated by saying that a dead raccoon could have done her show and gotten the same ratings.

Critics scoffed at Ailes’ promise that he’d lift Fox to first place. By 2002, he did, and Fox hasn’t looked back.

Ailes groomed no obvious successors, and has been so identified with the brand that many have a hard time envisioning the network without him. Will his successor lack Ailes’ political instincts, or tone down aggressive opinion? That could make Fox more broadly palatable, but also risks alienating the audience that has grown to love Fox and made it such a success.

Murdoch said Fox managers Bill Shine, Jay Wallace and Mark Kranz will assist him in day-to-day management of the network. Long-term, CBS News President David Rhodes is well-regarded and worked at Fox in the past. The Murdoch sons may also seek to make a statement by reaching outside the current Fox News culture.

“Whoever invented the Coca-Cola formula has long since passed this Earth, but the brand keeps selling because people like the taste,” said Mark Feldstein, a journalism professor at the University of Maryland. “I think that’s how it’s going to be with Roger Ailes. He invented this winning formula and all you have to do is not mess with it too much and it will continue to mint money for you.”

Documentary filmmaker Robert Greenwald, who made 2004’s “Outfoxed: Rupert Murdoch’s War on Journalism,” said he hopes the younger Murdochs will take this moment to change the network’s philosophy.

“I certainly think that some of the hatred and anger and racism and fear that we’re seeing in this election has clearly and absolutely been stoked and stroked by Fox News,” he said. “Once he’s gone, I hope the younger Murdochs will attempt to take an approach in which it does become a news outlet rather than a propaganda outlet.”

But Fox would have to tread carefully to not alienate a loyal audience who will be concerned this news could change its favorite outlet.

“We’re not going to see any quick changes,” said Ken Doctor, a media consultant for Newsonomics and Politico. “That would be foolish from a business point of view.”

While ratings are soaring in an election year, a newly aggressive CNN is making inroads among younger viewers that advertisers seek. Fox faces the challenge of trying to inject youth into an audience that is among the oldest in television, and viewership is expected to inevitably fall without the excitement of a campaign.

The network has also been remarkably stable, with personalities bonded from loyalty to Ailes. O’Reilly has recently mused about retirement, and he and Sean Hannity reportedly have contract provisions that would allow them to leave if Ailes does. Kelly’s contract ends later this year and it would be a huge blow to the network if she left.

AP Television Writers Frazier Moore in New York and Lynn Elber in Los Angeles and Business Writer Tali Arbel in New York contributed to this report.



Business – What Should I Use as My Business Address? #business #idea


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What Should I Use as My Business Address?

Q: I m in the process of creating a business plan for a homebased business that I would like to start. I will be selling products like T-shirts and novelty items. But I have come to a point in the business plan that has me stumped. The problem is, I live in an apartment. What if a customer wishes to return an item that they purchased from me? How unprofessional would it be to have a return address listing an apartment?

A: You re right–creating a professional image from the get-go is important, and it can be particularly challenging for homebased entrepreneurs. Nowadays, people are much more accepting of the idea of operating a business from home, but it s taken some time for everyone to get past the stereotypical image of the homebased entrepreneur waltzing around the house in bunny slippers and making frequent visits to the refrigerator. Still, it pays to give yourself every advantage in starting a business, so it pays to look as professional as possible.

Deciding whether to use your home address for business purposes is a matter of what that address is. Something like 1114 Grove Ave. sounds perfectly fine, but, as you indicate, something like 1114 Grove Ave. Apt. 4, probably doesn t. Luckily, there are solutions. Since you ll evidently be doing some heavy shipping and perhaps dealing with returns, consider using a mail-receiving service, such as Mail Boxes Etc. These services provide you with a street address and a suite number rather than a post office box number (which some people perceive as questionable in itself). They ll also generally just save you a lot of headaches, handling everything from packing and shipping to package tracking. Shop around in your area for a service that s conveniently located to your house and reasonably priced.

You should also think about how you re going to handle mail on a daily basis. Set up a system, and stick to it. Otherwise, before long you ll find yourself buried in paperwork, with a long list of angry customers to deal with. Designate an area in your home office just for mail-related tasks, whether it s incoming or outgoing mail. In your case, it might be best to set up a large table where you can sort and process mail and prepare items for shipping. Don t just use your desk–with all the other business-related paperwork that goes along with running a home office, you don t want to mix and mingle. And pick a time when you ll be able to deal with mail every day–whenever it s most convenient and won t interfere with any other pressing activities.

When sorting through incoming mail, try to handle each piece of mail only once rather than looking at it and setting it aside to deal with later. Separate things into piles based on their priority–for example, items to be filed, items that need immediate action and items to be trashed. Then take care of each pile–and move on to something else.

In addition, consider setting up an e-mail account where customers can send you their inquiries electronically. This will cut down on excess mail and phone calls. Just remember to be diligent about checking your e-mail and responding to inquiries in a timely manner.

In time, you ll have your system down to a science and you ll be able to do it in your sleep. And that can only mean satisfied customers who will provide you with repeat business.

The opinions expressed in this column are those of the author, not of Entrepreneur.com. All answers are intended to be general in nature, without regard to specific geographical areas or circumstances, and should only be relied upon after consulting an appropriate expert, such as an attorney or accountant.



Bond Market’s Big Illusion Revealed as U #business #card #magnets


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Bond Market’s Big Illusion Revealed as U.S. Yields Turn Negative

For Kaoru Sekiai, getting steady returns for his pension clients in Japan used to be simple: buy U.S. Treasuries.

Compared with his low-risk options at home, like Japanese government bonds, Treasuries have long offered the highest yields around. And that’s been the case even after accounting for the cost to hedge against the dollar’s ups and downs — a common practice for institutions that invest internationally.

It’s been a “no-brainer since forever,” said Sekiai, a money manager at Tokyo-based DIAM Co. which oversees about $166 billion.

That truism is now a thing of the past. Last month, yields on U.S. 10-year notes turned negative for Japanese buyers who pay to eliminate currency fluctuations from their returns, something that hasn’t happened since the financial crisis. It’s even worse for euro-based investors, who are locking in sub-zero returns on Treasuries for the first time in history.

For a detailed description of how this index was created, click here.

For an analysis of hedging costs for Japanese investors, click here.

That quirk means the longstanding notion of the U.S. as a respite from negative yields in Japan and Europe is little more than an illusion. With everyone from Jeffrey Gundlach to Bill Gross warning of a bubble in bonds, it could ultimately upend the record foreign demand for Treasuries, which has underpinned their seemingly unstoppable gains in recent years.

“People like a simple narrative,” said Jeffrey Rosenberg, the chief investment strategist for fixed income at BlackRock Inc. which oversees $4.6 trillion. “But there isn’t a free lunch. You can’t simply talk about yield differentials without talking about currency differentials.”

DIAM’s Sekiai has been shunning Treasuries since April, a month after foreign holdings of U.S. debt hit a record. Instead, he favors bonds of France and Italy because they “offer some degree of yield and the currency-hedging costs are cheap.” That shift lines up with the latest available Treasury Department data, which showed that demand from non-U.S. investors in April and May was the weakest in a two-month stretch since 2013.

The fact that yields on 10-year Treasuries are still way higher than those in Japan or Germany is part of the reason foreigners are having such a hard time actually profiting from the difference. Negative interest rates outside the U.S. have caused a surge in demand for dollars and dollar assets, pushing up the cost to get into and out of the greenback at the same exchange rate to levels rarely seen in the past.

Ten-year yields in the U.S. are currently about 0.23 percentage point below a basket of bonds from Australia, France, Germany, Italy, Japan, Spain and Switzerland on a hedged basis, versus 1.4 percentage points above on an unhedged basis, according to data compiled by BlackRock. At the start of the year, hedged Treasuries yielded over a half-percentage point more.

In Japan, where 10-year government bonds yield less than zero, the advantage for Treasuries has dwindled from a percentage point at the start of the year to less than 0.1 percentage point now. Without much added value for overseas investors, it’s harder to see foreign demand driving Treasuries to new records, especially as the Federal Reserve moves toward gradually raising rates.

Since falling to a record 1.318 percent on July 6, yields on 10-year notes have backed up as a string of economic reports such as last week’s jobs data bolstered the case for higher rates. They were at 1.58 percent today.

For a large swathe of institutional investors, especially those with conservative mandates, hedging is the norm when they go abroad. It eliminates the need to worry about the daily ebbs and flows in exchange rates and how that might affect their returns. When it comes to Treasuries, overseas buyers usually lock in a fixed exchange rate on the interest payments they get in dollars.

Conversion Costs

In that trade, the cost to convert payments from one currency to another is determined by the cross-currency basis swap. Take Japanese insurers as an example. Under normal circumstances, they would swap their yen for dollars and get interest on the yen they loaned out over the course of the contract.

But now, because the rate has turned negative, they’re effectively paying interest to lend the yen, which eats into their bond returns. That’s on top of the Libor rate they’ll need to pay for borrowing the dollars, which currently stands at 0.79 percent over three months.

The basis, as it’s known, was at minus 0.6425 percentage point for yen-based investors, which is close to the most expensive in five years. For those with euros, the basis is minus 0.43 percentage point. That’s more than twice as costly as the average over the past three years.

In a perfectly efficient market, none of this would matter. Differences in interest rates would be perfectly offset by the cost of exchanging two different currencies over time. But in the real world, things are far messier.

As unconventional monetary policies in Japan and Europe pushed yields lower and lower in recent years, demand for dollars has soared in tandem with the currency’s appreciation. Banks responded by demanding stiffer terms to swap into dollars as supply diminished, cutting into profits on the “carry trade” in Treasuries.

Treasuries will remain a better alternative for many overseas investors as long as an advantage exists, no matter how small the hedged yield pickup has become, according to Ralph Axel, a bond analyst at Bank of America Corp.

“They’ll just keep buying,” Axel said. Because of forces like negative rates and quantitative easing outside the U.S. “you clearly have a long-lasting bid.”

Of course, there’s the flip side. The overwhelming demand for U.S. currency is proving to be a boon for American investors and foreign central banks sitting on billions of dollars. Pacific Investment Management Co. also says there’s profit to be made by getting paid to swap dollars into yen.

Interest-Rate Swaps

Overseas money managers, though, have had to turn to more novel solutions to avoid the onerous hedging costs. Jack Loudoun, who helps oversee about $88 billion for Vontobel Asset Management in Zurich, says he prefers interest-rate swaps and futures on Treasuries to get exposure to the U.S. market because lower upfront costs help reduce foreign-exchange risk.

“We’re using derivatives to get access,” he said. “If you’re worried about hedging cost, swaps and futures are the avenues to go down.”

Whatever the strategy, there’s little debate over how important foreign demand is for the $13.4 trillion market for Treasuries.

“We’re at a point now where investors have to start thinking about this,” said Sachin Gupta, a foreign-bond fund manager at Pimco, which oversees $1.51 trillion. “As the cost of hedging rises to such an extent, there’s no extra carry to be had. That itself will slow down the demand — and, at some point, even reverse the demand — for Treasuries.”

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Design Business Postcards As Unique As You #business #management #degree


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