An investment in its offspring, Altaba, offers a high reward if management can reduce its tax liability, and it has limited downside.
NYS Entity Status
NYS Filing Date
OCTOBER 22, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY
2013 - OPPORTUNE TITLE AGENCY LIMITED LIABILITY COMPANY
AROUND THE WEB
- Finally, Something Good From Yahoo
Sunday Jul 2, 2017
- Verizon Launches Diversity Marketing Fellowships
Tuesday Sep 12, 2017
A year after encouraging its agencies to engage in more diverse hiring practices, the company has launched AdFellows, a program that will give 20 young marketers an opportunity to work at the companyand its agencies.
- Agency Exec Sees Potential In VR Eye Tracking
Wednesday Jul 5, 2017
Virtual reality may soon become a platform to conduct user experience research, thanks to new eye tracking capabilities. The capabilities, which were recently launched by eye tracking companyTobii, can track a user's eye movements as the person views and interacts with a VR experience. One of the target use cases for the eye tracking is conducting behavioral tests in virtual retailenvironments. Such tests could be used for pre-production products and campaign messaging, according to Tobii. At least one agency executive sees opportunity in eye tracking, both in the short andlong term.
- Woody Allen’s ‘Wonder Wheel’ set to close NY Film Festival
By Deadline - Tuesday Jul 25, 2017
The film will go into limited release December 1.
- Pennsylvania insurer’s collapse could hit Californians in wallet
By Chad Terhune - Friday Aug 11, 2017
Among all the reasons for rising health insurance premiums, this one might be the most obscure: A long-term care insurer in Pennsylvania just went belly-up.[...] failures are rare, but when they happen, other companies are responsible to help pay claims and protect policyholders through groups known as state guarantee associations.In these situations, long-term care coverage is treated as health insurance, so health insurers are liable for the payments — and some are disputing that.Industry analysts estimate that Penn Treaty has long-term claims liabilities approaching $4 billion, but only about $700 million in assets.Health insurers can pass along those costs by imposing premium surcharges, or they can shift the burden to taxpayers by paying less in state premium taxes.Anthem, the nation’s second-largest health insurer, estimates it will pay $253.8 million to cover its portion of claims.Most state guarantee associations will provide up to $300,000 for each policyholder who files a claim, but the limits vary by state.In California, more than 130,000 people who bought long-term care policies from the state workers’ retirement system received 85 percent rate hikes in recent years.Virtually all of the health insurance companies, especially the big ones, have never sold long-term care insurance,” Belth said, “so they are not appreciative of being assessed.
- Trump teams pushing deregulation have deep ties to industry
By Danielle Ivory and Robert Faturechi - Tuesday Jul 11, 2017
WASHINGTON — President Trump entered office pledging to cut red tape, and within weeks, he ordered his administration to assemble teams to aggressively scale back government regulations.[...] the effort — a signature theme in Trump’s populist campaign for the White House — is being conducted in large part out of public view and often by political appointees with deep industry ties and potential conflicts.The appointees include lawyers who have represented businesses in cases against government regulators, staff members of political dark money groups, employees of industry-funded organizations opposed to environmental rules and at least three people who were registered to lobby the agencies they now work for.At the Education Department alone, two members of the deregulation team were most recently employed by pro-charter advocacy groups or operators, and one appointee was an executive handling regulatory issues at a for-profit college operator.The Environmental Protection Agency also rejected requests to release the appointment calendar of the official leading its team — a former top executive for an industry-funded political group — even as she met privately with industry representatives.The Republican association’s work has been criticized as a vehicle for corporate donors to gain the credibility and expertise of state attorneys general in fighting federal regulations.Among them are EPA rules relating to clean-water protections and restrictions on greenhouse gas emissions.At the Energy Department, a member of the deregulation team is Brian McCormack, who formerly handled political and external affairs for Edison Electric Institute, a trade association representing investor-owned electrical utilities.Utility companies lose money when customers generate their own power, even more so when they are required to pay consumers who send surplus energy back into the grid.Though the Energy Department does not directly regulate electrical utilities, it does help oversee international electricity trade, the promotion of renewable energy and the security of domestic energy production.Clean-energy advocates fear the inquiry will cast solar energy, which can fluctuate, as a threat to grid reliability.[...] a finding could scare off state public utility commissions considering solar policies and serve as a boon for electrical utilities, said Matt Kasper, research director at the Energy and Policy Institute, an environmental group.