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A decade ago, in the course of studying why certain high-tech companies thrived during the internet boom, we discovered something that surprised us: To shape their high-level strategies, companies like Intel and Cisco relied not on complicated frameworks but on simple rules of thumb. This was true even though they were in extraordinarily complex, challenging, and fast-moving industries. The rules were not only simple, we found, but quite specific. Typically, managers had identified one critical
⏲ 1 min 95 sec ✓ 17-Aug-2012
The Finance Storyteller
⏲ 5 minutes 26 seconds 👁 258.6K
Edspira
⏲ 9 minutes 26 seconds 👁 601.6K
This is the shocking moment a fighter jet bounced off a runway before the pilot ejected and died.Squadron leader Asim Jawad, 32, appeared to be attempting Top Gun style three aileron rolls at low altitude when the fuselage of the Yakovlev Yak-130 scraped along the tarmac. CCTV shows smoke and sparks erupting from the Russian-made jet before Asim pulled up and appeared to be circling the runway in Chattogram, Bangladesh, on May 9.However, the footage shows a sudden explosion before Bangladesh Air Force pilot Asim and his co-pilot Wing Commander Sohan Hasan Khan both ejected.Local media reported that the two pilots both landed in the Karnaphuli River before being rescued by members of the air force, navy and local fishermen.Asim later died in hospital while Sohan remains in critical condition at the Banouja Isa Khan Hospital in Patenga. The aircraft was later recovered from the water.The government's Inter-Services Public Relations (ISPR) said in a statement that the training jet had 'crashed due to a mechanical failure'.They claimed the pilots manoeuvred the aircraft away from the densely populated area near the airport to the sparsely populated area where they crashed.However, CCTV footage of the incident appears to show the crash was caused by the high-risk stunt.A source said: 'The Bangladesh Air Force claimed the crashed YAK 130 fighter jet encountered mechanical failure, resulting in a catastrophic crash in the Patenga area of Chittagong. However, recently obtained CCTV footage from the runway area contradicts this claim by BAF, displaying a chilling sequence where the aircraft attempts to perform three consecutive aileron rolls at a perilously low altitude, nearly colliding with the runway in the process.'The footage reveals the jet scraping the runway at high speed, causing significant damage to the fuselage and igniting a fire. At the 19-second mark, a slowed-down analysis shows fragments of the aircraft detaching as it rebounds and gets airborne.'In the critical moments that followed, as captured in the video, the engine became engulfed in flames, emitting black smoke. The two pilots, demonstrating exceptional skill under pressure, managed to eject from the flaming jet. The ejection, a procedure known to exert enormous g-force on the body, often results in temporary loss of consciousness.'
⏲ 2:59 👁 217.9M
Saheb Academy
⏲ 18 minutes 50 seconds 👁 870.2K
Corporate Finance Institute
⏲ 3 minutes 12 seconds 👁 73.5K
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
⏲ 1:29 👁 16.6M
365 Financial Analyst
⏲ 5 minutes 13 seconds 👁 42.6K
Khan Academy
⏲ 10 minutes 20 seconds 👁 544.8K
Red Lobster Announces, Nearly 100 Locations , Will Be Shut Down.<br/>NBC reports that approximately 99 Red Lobster locations <br/>will be auctioned off as the seafood chain faces <br/>questions regarding the company's long-term future.<br/>Founder and CEO of the liquidation firm TAGeX Brands, <br/>Neal Sherman, said he would lead the closure of over <br/>50 locations in a May 13 LinkedIn post.<br/>Sherman said equipment from the <br/>locations will be auctioned off.<br/>Locations will reportedly be closed across <br/>the United States, including Denver, <br/>Indianapolis, California and New York.<br/>On May 14, Restaurant Business Magazine reported <br/>a total of 99 locations would close, representing <br/>about 15% of the company's 700 locations. .<br/>NBC reports that the largest seafood <br/>restaurant in the U.S. has struggled with debt, <br/>unfavorable leases and executive turnover.<br/>The chain's troubles also stem from ill-advised <br/>strategies like an all-you-can-eat-shrimp promotion <br/>in 2023 that resulted in a significant loss.<br/>Earlier in 2024, the chain's largest investor, <br/>Thai Union, announced that it would <br/>seek to exit its position. .<br/>The combination of Covid-19 pandemic, <br/>sustained industry headwinds, higher <br/>interest rates and rising material and <br/>labor costs have impacted Red Lobster, <br/>resulting in prolonged negative <br/>financial contributions to <br/>Thai Union and its shareholders, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC.<br/>After detailed analysis, we have <br/>determined that Red Lobster’s <br/>ongoing financial requirements <br/>no longer align with our capital <br/>allocation priorities and <br/>therefore are pursuing an exit <br/>of our minority investment, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC
⏲ 1:31 👁 116.1M
The Finance Storyteller
⏲ 6 minutes 48 seconds 👁 356K
Corporate finance with Medson Nyirenda
⏲ 7 minutes 27 seconds 👁 97K
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