Cornwall Borough Council gave final approval to a $2,601,031 budget for 2021, which will require no increase in property taxes. The millage rate will remain at 2.25 mils.
Costs associated with police department services are the largest expense at $730,423. However, the borough's contract to provide police protection to West Cornwall Township will result in $176,493 in payments to the borough, and services provided to Mount Gretna Borough will bring in $39,109 in revenue.
Other things to check out:
Reallocated Budgets Mean It's All About the Gifts This Holiday – WWD
The data geeks are taking over advertising: Advertising newsletter - Business Insider
Hi and welcome to this weekly edition of Insider Advertising, where I get into the big stories in media and advertising.
This week: Data geeks are taking over advertising, Hearst folds in iCrossing, and Sourcepoint fundraises.
Years ago, media companies had what seemed like the brilliant idea to expand into agency services to offset a decline in print advertising.
But there was always the perception that agencies weren't neutral and were steering clients to buy ad space in their parent company's titles.
Wish, ContextLogic prices IPO at $24 per share: Bloomberg - Business Insider
Wish's IPO will raise as much as $1.1 billion in funds for the company, giving it an initial valuation of $17 billion on a fully diluted basis, according to Bloomberg. The e-commerce platform will trade on the Nasdaq exchange under the ticker symbol "WISH."
Wish was created by former Google engineer Piotr Szulczewski. The e-commerce platform relies on a personalized visual browsing experience rather than the traditional search and go shopping habits facilitated by a search bar.
This may worth something:
Saudi Arabia plans spending cuts to trim deficit amid virus | The Seattle Times
DUBAI, United Arab Emirates (AP) — Saudi Arabia plans to cut more than 7% in spending next year, the finance ministry said, as the region's biggest oil producer seeks to trim a gaping budget deficit amid the coronavirus pandemic and falling oil prices.
The kingdom expects its deficit to hit $79.4 billion this year, according to a government budget statement released late Tuesday, an estimated 12% of the country's gross domestic product. By slashing spending to $264 billion next year, it hopes to bring its deficit down to 4.9% of the country's economic output.
Tech Companies Shift Their Posture on a Legal Shield, Wary of Being Left Behind - The New York
WASHINGTON — For more than two decades, the tech industry had a cohesive message to Congress about a law that shields internet platforms from lawsuits: Don't touch it.
But now, as tech companies face intensifying attacks from political leaders, more of them are saying something else: Let's work something out.
Numerous industry leaders have said in recent weeks that they are open to changes to the law, Section 230 of the Communications Decency Act. Mark Zuckerberg, Facebook's chief executive, has said that the law should be updated, and Twitter's chief executive has proposed possible "expansions" to it. Google has acknowledged "legitimate questions" about the law.
Top Management Considerations for China SMEs in 2021
China SMEs should note that labor cost management, supplier contracts, examining sales channels, and investment in IT will all be critical components of business management in 2021.
2020 has been a very special year, and 2021 is consequently full of many unknowns. At the year end, through numerous conversations with multiple foreign investors, business owners, and managers, it is apparent that many do not know where to start for 2021 financial planning.
At Dezan Shira & Associates, as a major professional services firm in Asia, we believe that among all the uncertainties, we still need to have a grasp on key factors as market and sales, cost management, cash flow, and analyze the impact of the COVID-19 on these key factors to dispel the clouds and see the sun. I will address some of these issues as follows:
Google hires new personnel head amid rising worker tensions
Google has hired a top executive from pharmaceutical company AstraZeneca to oversee its personnel policies amid ongoing tensions with many employees who are upset with the company's policies.
The hiring of Fiona Cicconi also comes while Google sets up plans to allow people to continue to work from home for at least eight more months.
The Mountain View, California, internet search giant announced late Tuesday that Cicconi is leaving AstraZeneca to become its head of people operations during a meeting with employees.
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