ACBJ Launches Social Madness Challenge

American City Business Journals chairman Ray Shaw died early Sunday morning from complications following a bee sting. He was 75. Shaw joined ACBJ in 1989 after taking early retirement as president of Dow Jones & Co., publisher of The Wall Street Journal. In his 20 years as chairman and chief executive of ACBJ, the company moved its headquarters from Kansas City to Charlotte, N.C., doubled the number of weekly business journals it publishes and expanded into magazines and other media. Along the way, employment grew from about 850 people to more than 1,900.

American City Business Journals chairman Ray Shaw died early Sunday morning from complications following a bee sting. He was 75. Shaw joined ACBJ in 1989 after taking early retirement as president of Dow Jones & Co., publisher of The Wall Street Journal. In his 20 years as chairman and chief executive of ACBJ, the company moved its headquarters from Kansas City to Charlotte, N.C., doubled the number of weekly business journals it publishes and expanded into magazines and other media. Along the way, employment grew from about 850 people to more than 1,900.

Portfolio.com will migrate to a new home as part of Charlotte-based American City Business Journals Inc.'s bizjournals, effective in July. Portfolio and American City Business Journals made the announcement Wednesday. Bizjournals will oversee the editorial and business sides of the site. The Portfolio.com editorial team and sales staff will be based in New York.

On a somber Monday morning in January of 2007, Washington Business Journal publisher Alex Orfinger picked up the phone and called his boss, American City Business Journals Chairman Ray Shaw, with a piece of devastating news. John McCalla, the paper’s 38-year-old editor, had just been found dead, the unexpected victim of heart disease.

Portfolio.com will migrate to a new home as part of Charlotte-based American City Business Journals Inc.'s bizjournals, effective in July.

American City Business Journals chairman Ray Shaw died early Sunday morning from complications following a bee sting.

Parents at Christian schools across the country could suddenly face bills for back taxes and a hike in school fees after the Canada Revenue Agency ruled that a charity-run program that helps students attend independent religious schools is “merely a tax scheme” designed to mask tuition payments as grants. The federal tax agency said in a letter this month donations to the Christian Economic Assistance Foundation made in 2009 and 2010 would be denied because they do not qualify as “gifts” under the Income Tax Act.

Since today is Income Tax Day in the United States, the day to which all good American taxpayers aspire to hold out to before paying any more taxes than they have to, we thought we'd look at the charitable donation tax deduction to see if that might be something that makes sense for you. After all, what if you would have been better off having a garage sale last year, rather than donating all that stuff to charity?