Wednesday, November 30, 2022

How much is business insurance? What are the different types?

From employing workers to stocking up inventory, a lot goes into building a business. The process of getting it all together does not happen overnight.

Despite all our planning, sometimes things are out of our control. One day you could walk into your store and find out the sprinkler broke overnight, leaking onto all the products. You could leave one night and immediately after, someone breaks in and steals from your business.

Publisher: USA TODAY
Author: Olivia Munson
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Global Supply Chain Shocks Open New Room For U.S.-Taiwan Business Ties

Taiwan Semiconductor Manufacturing Co., better known as TSMC, will hold a "tool-in" ceremony at a ... [+] new $12 billion facility in Arizona on Dec. 6. Photographer: Lam Yik Fei/Bloomberg

"External shocks (such as Covid) have disrupted Taiwan, and there is a new risk premium" for businesses, Wylegala said. "Maybe this is a chance that Taiwan can introduce some of its own disruptions" by expanding its overseas investment; it will find a eager and complementary partner in the U.S.

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Publisher: Forbes
Date: 2022-11-30
Author: Russell Flannery
Twitter: @forbes
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Writing Your Purpose, Mission and Vision Statements | Chase for Business | Chase.com

Understanding what their meaning, how they differ from each other and how they work together is a great first step in developing the purpose, mission and vision statements for your business.

Your purpose statement tells the world why you do what you do. And for most people, it's usually for more than financial gain.

Twitter: @Chase
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CIO Carissa Rollins reimagines Illumina IT for business impact | CIO

Seemingly since the beginning of time, CIOs have been working to change their IT organizations from “order takers” into “business partners.

These efforts have had a positive impact, but an incremental one. Yes, most IT leadership teams have stronger relationships with their business partners than, say, five years ago, but there is still a long way to go.

Publisher: CIO
Date: November 30 2022
Twitter: @CIO
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Contraction in Chicago Business Activity Deepened in November -- MNI Indicators - MarketWatch

Economic activity in the Chicago area shrank sharply in November, signaling the economic slowdown in the region is broadening, according to data from a survey compiled by MNI Indicators released Wednesday.

The Chicago Business Barometer fell to 37.2 in November from 45.2 in October, missing the 47.0 consensus forecast from economists polled by The Wall Street Journal. This marks the lowest reading since the Global Financial Crisis, excluding the 2020 pandemic-related shock.

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Publisher: MarketWatch
Date: 2022-11-30T10:04:00-05:00
Twitter: @marketwatch
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Taking stock: Tips for measuring your business's financial wellness | Rochester Business Journal
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Publisher: Rochester Business Journal
Date: 2022-11-30T14:00:53 00:00
Author: Special to the RBJ
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Tencent bets on cloud computing growth abroad amid gaming slowdown

Tencent said it will launch new cloud computing products aimed at overseas markets as it searches for new avenues for growth amid a slowdown in its core online video games business.

On Thursday, Tencent will host a launch event for cloud products specifically aimed at markets outside of China, including a suite of cloud-based audio and video products.

Publisher: CNBC
Date: 2022-11-30T06:26:05 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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FAU | FAU College of Business to Honor Patrick J. Geraghty

Florida Atlantic University's College of Business will host its 29th Business Leader of the Year breakfast on Friday, Jan. 27, 2023 at 8 a.m. at Boca West Country Club, 20583 Boca West Drive, Boca Raton. This year's program celebrates the accomplishments of Patrick J. Geraghty, Ph.D.

Geraghty oversaw a strategic restructuring that created GuideWell, a $26 billion Jacksonville-based mutual insurance holding company that serves as the parent of Florida Blue and a portfolio of other entities, from the foundation of a more than 75-year-old health insurance company into an ...

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Twitter: @FloridaAtlantic
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Monday, November 28, 2022

Make the most of your budget this holiday shopping season | KBIA

It's the holiday season, and, for a lot of people, that means parties, spending time with loved ones and, yes, shopping.

KRISTIN O'KEEFFE MERRICK: I think it can be really overwhelming, and you almost feel a compulsion to go and buy the things that maybe you don't even need.

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Publisher: KBIA
Date: 2022-11-27T22:11:25
Twitter: @kbia
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Paletta named chief budget officer | E-News | West Virginia University

The West Virginia University Division of Finance recently announced that Dixie Paletta has been named the new chief budget officer for WVU.

In this expanded role, Paletta will report to Paula Congelio, vice president and chief financial officer, and lead the University's budget planning team by providing financial strategies and resource planning for WVU, as well as its colleges, departments, units and divisional campuses WVU ...

Twitter: @E-News
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Dunkirk officials continue hard work on 2023 budget | News, Sports, Jobs - Observer Today

OBSERVER Photo by M.J. Stafford Dunkirk Department of Public Works Director Randy Woodbury, right, as Fiscal Affairs Officer Marsha Beach and Treasurer Mark Woods look on during a Tuesday meeting at City Hall.

Alas, Santa and his gift bags were nowhere to be found. There were a few people who wanted new toys, however.

Publisher: observertoday.com
Twitter: @TheObserverNY
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Virginia skill-game lawsuit pushed back again over disputed budget amendment - Virginia Mercury

The closely watched legal fight over skill games in Virginia is unfolding at the courthouse in Greensville County. (Graham Moomaw/Virginia Mercury)

EMPORIA – In the hundreds of pages of legal documents filed in a Southside Virginia courthouse as part of a closely watched gambling lawsuit, an image from "Star Trek: The Next Generation" succinctly captures what the surrounding legalese is about.

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Publisher: Virginia Mercury
Date: 2022-11-28T05:05:29 00:00
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North Lebanon Township supervisors advertise the drafted 2023 budget - LebTown

The North Lebanon Township Board of Supervisors unanimously voted to advertise the 2023 budget at its Nov. 21 meeting.

The budget, which does not propose a tax increase, anticipates total revenues of $4,867,711 and expenses of $4,864,530.

47 percent of expenses go toward the police force, followed up by 15 percent for public works and 9 percent toward administration.

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Publisher: LebTown
Date: 2022-11-28T12:30:00 00:00
Author: Emily Bixler
Twitter: @lebanontown
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10 things to know about Olmsted County's proposed 2023 budget - Post Bulletin | Rochester ...

ROCHESTER — Olmsted County residents will have a chance Thursday to comment on the county's 2023 spending plan and the taxes that will support it.

County commissioners recently reviewed the proposed $322 budget, which relies on nearly $119.5 million in property taxes.

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Publisher: Rochester Post Bulletin
Date: 2022-11-28T14:00:00
Author: https www postbulletin com randy petersen
Twitter: @pb_news
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Social Security Recipients: Kansas' Budget Surplus Could Be Solution to Lowering Taxes | ...

In an effort to keep retirees from moving elsewhere, some lawmakers in Kansas aim to use a projected state budget surplus to ease income taxes on Social Security benefits .

Social Security: Why Not Everyone Will Get An 8.7% COLA Increase in 2023
Explore: How Much Does a Person on Social Security Make?

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Publisher: GOBankingRates
Date: 2022-11-28T04:12:26Z
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Kitchen renovations based on your budget - The Washington Post

When my husband and I bought our house in Richmond, we knew we'd need to renovate the kitchen. The laminate countertops, off-white cabinets, 1990s appliances and dim lighting made the space feel dark and dirty. I envisioned gutting it and adding square footage.

Like a lot of homeowners, I'd heard that you should spend 10 percent of your home's value on your kitchen renovation (which, by the way, would've still been much less than that initial $88,000 quote) — but I learned that I didn't really need to, and maybe you don't either.

Publisher: Washington Post
Date: 2022-11-28T11:00:11.010Z
Twitter: @WashingtonPost
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Bucks County proposes budget with no tax rate increase for third year – thereporteronline

Bucks County's preliminary 2023 budget of $457.5 million holds the line on taxes for the third consecutive year while operating at 3.8 percent less than the current budget, it was announced.

The county's Board of Commissioners said an increase in revenue from sources like the American Rescue Plan Act made it possible to balance the new budget without raising taxes or dipping into the general fund.

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Publisher: thereporteronline
Date: 2022-11-28T12:37:04 00:00
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Missouri state budget bulges with $6 billion in surplus cash - Moberly Monitor-Index

For the first time in its history, the only real limit on what Missouri can buy on a cash-and-carry basis is the imagination of the people spending the money.

The state treasury is bulging with more than $6 billion in surplus cash, the result of 28 months of double-digit revenue growth and federal payments tied to COVID-19 relief and recovery.

Publisher: Moberly Monitor-Index
Date: Mon 28 Nov 2022 09:29:53 -0500
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Sunday, November 27, 2022

Municipal order passed regarding overtime pay | News | tribunecourier.com

Dotson had a municipal order ready to sign and polled the council for their opinions.

"I'd prefer not to do that, just because that's been the standard for companies in the state and in the country for years and years, and it's really been tried and trued and I haven't known of any major problems with that," said Farley.

Publisher: Tribune Courier
Author: AREIA HATHCOCK AHATHCOCK TRIBUNECOURIER COM
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What to do If Your Employer Fails to Pay Overtime or Minimum Wage

The Fair Labor Standards Act (FLSA) sets mandatory minimum wage rates as well as requires most employees to pay overtime wages for each hour worked over 40 in a single workweek.

An overtime pay lawsuit lawyer holds employers responsible for not paying overtime wages as they are in violation of federal law. These cases seek compensation for unpaid overtime hour wages and are thus called " Wage & Hour Lawsuits ."

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
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RV manufacturer investigated for failing to pay overtime wages - RV Travel

This week, the United States Department of Labor issued a press release detailing an investigation into unpaid overtime wages by Alliance RV.

In total, the DOL found that $1.15 million in wages were missing. They demanded that Alliance issue back payments to the affected workers.

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Publisher: RV Travel
Date: 2022-11-27T06:53:17 00:00
Author: Jeff Clemishaw
Twitter: @rvtravel
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LABOR DEPT. TO AGGRESSIVELY ENFORCE EMPLOYMENT ACT FOR OVERTIME PAY – Eye Witness News

Implementation on such topics are necessary and hoping time will see these matters through for the betterment of us and future generations.

Westech have been doing this for years to it’s employees westech need to be investigated I was a manager there for 2 years they oh me money too look like I need to be taking them to court

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Publisher: Eye Witness News
Date: 2022-11-23T08:56:42 00:00
Twitter: @ewnewsbahamas
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The thanks farmworkers get: Fair overtime pay is still years away – New York Daily News

On this day of bounty, the state's farmworkers should give thanks that Lee Zeldin wasn't elected governor, as he had promised to stop the planned phase-in of overtime pay that they have long been owed.

Everyone else gets OT after 40 hours a week. Under deeply discriminatory laws, those who pick the food and milk the cows, unique among laborers, got zippo for generations.

Publisher: New York Daily News
Twitter: @NYDailyNews
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EThekwini Municipality makes more money available for overtime pay for Water and Sanitation workers

Durban - The Human Settlements and Infrastructure (HSI) services committee in eThekwini Municipality has approved an additional R67 million to fund overtime pay in the Water and Sanitation unit to restore order after workers downed tools, protesting against cuts to overtime pay.

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Date: 2022-11-25T06:00:00.000Z
Author: Thami Magubane
Twitter: @IOL
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Ruling Offers California Employers Guidance on Calculating Regular Rate of Pay | Shook, Hardy & ...

A Ninth Circuit panel recently ruled that Target Corp.’s pay practices comport with California law, and as such, Target’s motion for judgment on the pleadings should have been granted by the district court. See Bowen v. Target Corp. , No. 21-56136 (9th Cir., Nov. 1, 2022).

Plaintiffs claimed that Target’s method for calculating overtime pay violated the holding of Alvarado v. Dart Container Corp . , 411 P.3d 528 (Cal. 2018), which concerned the calculation of an employee’s RROP where an employee earns a flat-sum attendance bonus.

Publisher: JD Supra
Twitter: @jdsupra
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Thai doctors and nurses to get up to 50% increase in overtime pay - Pattaya Mail

Doctors and nurses deserved an increase in their overtime because they had heavy workloads and their overtime had been unchanged for 13 years, said Public Health Minister Anutin Charnvirakul.

Publisher: Pattaya Mail
Date: 2022-11-23T17:10:45 00:00
Author: Pattaya Mail
Twitter: @PattayaMail
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Working in San Francisco? Know your rights – The Guardsman

From Twitter to Salesforce to Meta, the mass layoffs of tech workers in San Francisco are a reminder that it's more important than ever to know your rights as a worker. San Francisco has many unique labor laws and the more you know, the better.

SB 1044 says that employees can leave or refuse to work during "emergency conditions.

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Foxconn protests: iPhone factory offers to pay its workers to quit and leave Zhengzhou campus | ...

Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the world's largest iPhone assembly factory, in an attempt to quell protests that saw hundreds clash with security forces at the compound in central China.

In the message, seen by CNN, the company urged workers to "please return to your dormitories" on the campus. It also promised to pay them 8.000 yuan if they agreed to quit Foxconn, and another 2,000 yuan after they board buses to leave the sprawling site altogether.

Publisher: CNN
Date: 2022-11-24T07:51:25Z
Author: Nectar Gan Juliana Liu
Twitter: @CNNbusiness
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Saturday, November 26, 2022

Are Eco-Regulations Really At The Core Of Coal's Demise? - CleanTechnica

Like many others in the US, a coal-fired power plant in eastern Texas will cease operations earlier than had been originally targeted. But that closure has resulted in an uproar from Fox News , which claims that members of the local community “fear severe economic consequences.

Customer costs resulting from such eco-regulations, as Fox calls them, were factored into the company’s decision to close the plant.

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Publisher: CleanTechnica
Date: 2022-11-25T13:05:02 00:00
Author: https www facebook com c4tuna
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Preparing your business for climate risk disclosure regulations | VentureBeat

Check out the on-demand sessions from the Low-Code/No-Code Summit to learn how to successfully innovate and achieve efficiency by upskilling and scaling citizen developers. Watch now .

In March, the SEC proposed regulations to standardize the sustainability-related disclosures companies must make. These include emissions, climate-related risks and the steps the companies are taking to address each issue.

Publisher: VentureBeat
Date: 2022-11-24T21:07:00 00:00
Author: Jag Lamba Certa
Twitter: @venturebeat
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Editorial: Cambria methane leak shows need for new EPA regulations | Pittsburgh Post-Gazette
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Publisher: Pittsburgh Post-Gazette
Twitter: @PittsburghPG
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Switzerland to adopt EU RPAS regulations – sUAS News – The Business of Drones

Bern, 25.11.2022 – On 24 November 2022, the Joint Committee of the Bilateral Air Transport Agreement between Switzerland and the European Union endorsed Switzerland's takeover of EU regulations on drones as well as various community acts.

Within the framework of the bilateral air transport agreement, Switzerland and the EU are harmonizing their regulations relating to the international aviation sector through a joint committee.

Publisher: sUAS News - The Business of Drones
Date: 2022-11-25T09:10:00 00:00
Twitter: @suasnews
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Africa's Growing Crypto Market Needs Better Regulations

The risks are that much greater if crypto is adopted as legal tender—as the Central African Republic recently did. If crypto assets are held or accepted by the government as means of payment, it could put public finances at risk.

The Central African Republic is the first country in Africa, and the second in the world after El Salvador  to designate Bitcoin as a legal tender.

Publisher: IMF
Date: 2022-11-22
Twitter: @IMF
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What is GameFi - and how could crypto regulations shape it? | World Economic Forum

GameFi sits at the intersection of gaming and finance - but currently no specific regulations address it. Here's how oversight could impact its evolution and innovation.

.chakra .wef-1vg6q84{font-weight:700;} Senior Financial Sector Expert , International Monetary Fund

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Publisher: World Economic Forum
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Update for Federal Employers: Changes to the Canada Labour Code and Regulations - Lexology
Publisher: Lexology
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Zoning panel looks at drafting cannabis sale regulations | Citizen's News

NAUGATUCK — The Zoning Commission is moving ahead to determine whether borough residents want cannabis to be sold or produced here as it begins to develop some draft regulations and perhaps set a hearing.

At the Nov. 1 meeting, the Board of Mayor and Burgesses created a cannabis committee with Burgess Dorothy Neth-Kunin leading the group of Jan Mizeski and W.

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Publisher: Citizen's News
Date: 2022-11-25T06:51:28-05:00
Author: Mike Chaiken
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SHEIN: Fast fashion giant's clothes breach EU chemical regulations, Greenpeace claim | Euronews

Clothes sold by fast-fashion giant SHEIN contain 'hazardous chemicals' breaching EU regulations, environmental campaigners have claimed.

Shein is the largest online-only retailer in the world, producing between 35,000 and 100,000 new garments every single day.

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Publisher: euronews
Date: 2022-11-25 18:24:50
Author: Charlotte Elton
Twitter: @euronews
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Oregon's Magic Mushroom Industry Could Be Strangled By Zoning Regulations

Back in 2020, Beaver State voters passed the first-ever ballot initiative allowing adults 21 and up to consume psilocybin (the psychoactive ingredient in magic mushrooms) in special "psilocybin service centers" with a licensed "facilitator" present.

The initiative that legalized magic mushroom businesses allows cities and counties to ban them via ballot initiative. Local governments also retain the power to craft "time, place, and manner" regulations over psilocybin businesses.

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Publisher: Reason.com
Date: 2022-11-22T14:10:04 00:00
Author: _____
Twitter: @reason
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Earth is nice. We want it.

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I'm Set To Make A Massive Sum Of Money. My Husband Is Aghast At My Plans For It.

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