Wednesday, February 26, 2020

Council Post: Why 2020 Is The Year For Your Company To Become Data-Driven

OWOX BI . Explores big data, introduces marketing analytics, and provides predictive solutions.">CEO at  OWOX BI . Explores big data, introduces marketing analytics, and provides predictive solutions.

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Some companies claim they don't store customer information -- but they run ads, social media campaigns and customer loyalty programs. Even if companies don't collect or store user data themselves, that data is still stored in the accounts of advertising channels or services. Because you don't collect your data from those sources, you can't control and be responsible for it.

Publisher: Forbes
Date: 2020-02-26
Author: Vlad Flaks
Twitter: @forbes
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Many things are taking place:

INSIGHT: Trump's Proposed Budget Threatens Audit Watchdog's Enforcement Functions

Baker Botts attorneys say Trump's budget proposal to consolidate the Public Company Accounting Oversight Board functions into the SEC could result in a material reduction in funding for audit firm inspection and enforcement activities and the elimination of confidentiality protections for audit firms and auditors.

The Trump administration's proposed 2021 budget recommends eliminating the Public Company Accounting Oversight Board (PCAOB) and consolidating its functions into the Securities and Exchange Commission beginning in 2022.

Twitter: @BloombergLaw
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Budget 2020: What will be in Rishi Sunak's red box? | London Evening Standard

On March 11 Rishi Sunak will make his debut against one of the most politically charged Budget backdrops for years. Predecessor Sajid Javid quit last month, leaving novice Sunak to balance the "levelling-up" political agenda with a wobbly economy now being battered by coronavirus. His scope for action is limited, to say the least, but here we look at the key measures that could be in that famous red box. 

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Cutting pensions tax relief to 20% from 40% for high earners is a controversial measure at Sunak's disposal. Under current rules, workers get the same relief on pension contributions as their income tax rate (a higher rate taxpayer paying 40% will get a 40% relief on pension contributions). Slashing the relief to 20% could give the Treasury an extra £11 billion but the idea is politically fraught.

Publisher: Evening Standard
Date: 2020-02-26T11:38:00 00:00
Author: By City Staff
Twitter: @standardnews
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Here are the biggest bombshells in the Budget – including taxpayers getting R2 billion in tax

As its debt burden grows at an alarming rate, government plans to slash its own spending instead of hitting embattled South Africans with more taxes

The total government debt burden now equals almost 66% of South Africa’s total economy – and repayments on this debt is growing by more than 12% a year. 

But while its income is under pressure, government is spending much more, including R112 billion to keep Eskom afloat over the next three years, R16 billion to settle SAA’s debts, and to fund free university places. 

Publisher: BusinessInsider
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Not to change the topic here:

Airlines KLM and Lufthansa to Make Budget Cuts Due to Coronavirus - The New York Times

AMSTERDAM — KLM, the Dutch arm of Air France KLM, joined Germany's Lufthansa on Wednesday in making budget cuts in response to a slowdown in business resulting from the coronavirus outbreak.

KLM will cut back on hiring new staff and external consultants, delay new IT projects and office refurbishment plans and reduce travel expenses significantly, Chief Financial Officer Erik Swelheim said in an internal letter to management.

"The impact on KLM's revenues will be very significant and will only partly be mitigated by lower costs and a lower fuel price," Swelheim said in reference to the coronavirus.

Date: 2020-02-26T12:26:52.000Z
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Provincial budget targets business, including those in Cape Breton | Canada | News | The Telegram

A retired economist questions whether measures aimed at businesses in the provincial budget will achieve their intended objective of helping Nova Scotia companies become more competitive and reinvest in their businesses.

Among the measures announced in the budget Tuesday by Finance Minister Karen Casey was $70.5 million to reduce the corporate tax rate by two per cent to 14 per cent. It also included $10.5 million to reduce the small business tax from three per cent to 2.5 per cent, savings which helps companies invest back into their businesses and employees.

Author: Nancy King
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Demolition company accidentally destroyed the wrong house | National | douglas-budget.com

A demolition company in Texas admitted that it made a mistake after demolishing the wrong house in a Dallas neighborhood.

Publisher: Douglas Budget
Twitter: @douglasbudget
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Stick to a budget to avoid month-end money blues

Millennials often struggle to keep their spends under control and end up borrowing Investing before spending and sticking to a budget without giving in to temptations can help a lot

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Publisher: _____
Date: 2020-02-26T20:50:31 05:30
Author: Disha Sanghvi
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