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☆ More countries are openly flaunting their ties with Putin. They say it's just business.
▼ + stars: | 2024-09-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussian President Vladimir Putin is having a very social year as his country continues to wage war in Ukraine. So far, Putin has met top leaders from Asian countries including China, India, Vietnam, and Indonesia. Russia is the BRICS chair this year, and Putin has invited Mongolia to join the group's summit in October. Russia's push for a multipolar world order resonates with countries who desire a more equitable international order.

Persons: —, Vladimir Putin, Putin, Sean McFate, McFate, Anwar Ibrahim, Ukhnaagiin Khürelsükh, couldn't, Russia —, Serik, Li Qiang's, Syracuse University's McFate, it's, Derek Grossman, Grossman Organizations: Service, Syracuse University Maxwell School of Citizenship, Public Affairs, Business, Malaysian, Criminal, ICC, World Bank, European Union, NATO, Bloomberg, Moscow, Central, European, EU, United Nations, RAND, Foreign Locations: Ukraine, China, India, Vietnam, Indonesia, Russia, North Korea, Iran, Mongolia, Mongolian, Russia's, European, Sri Lanka, Turkey, Kazakhstan, Central Asian, European Union, Moscow, Beijing, Europe, Syracuse, Brazil, South Africa, Malaysia, Switzerland, United States

☆ Google pulls AI ad for Olympics following backlash
▼ + stars: | 2024-08-02 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

Google pulled an ad it showed during the Olympics which touted its AI chatbot Gemini writing a fan letter to an athlete. Google has pulled an Olympics ad for its chatbot Gemini from airwaves following backlash for the way it depicts a little girl using artificial intelligence to write a fan letter. Google launched Gemini, formerly known as Bard, last year following the surge in popularity of OpenAI's ChatGPT. Disclosure: CNBC parent NBCUniversal owns NBC Sports and NBC Olympics. NBC Olympics is the U.S. broadcast rights holder to all Summer and Winter Games through 2032.

Persons: Sydney McLaughlin, Bard, Sydney, Gemini, Shelly Palmer, Syracuse University's S.I, Mira Murati, Scarlett Johansson, OpenAI Organizations: Google, Gemini, CNBC, Syracuse University's, Newhouse School of Public Communications, Apple, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games Locations: U.S

☆ Google's AI Olympics ad is drawing jeers online but scores surprisingly well among viewers
▼ + stars: | 2024-07-30 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

Read previewAn Olympics ad from Google depicting a father using its Gemini AI assistant to help his daughter compose a letter to her favorite athlete has drawn sharp criticism from online commentators. Google's "Dear Sydney" spot first aired on TV during the broadcast of the opening ceremony on July 24 and is also available on YouTube. Related stories"It follows a coherent story, focuses on characters with agency and vitality, and prioritizes people over the product," said Jon Evans, System1 chief customer officer, of Google's ad. Still, several ad experts have said Google's marketing department — which created the ad in-house rather than using an ad agency — should have done a better job of reading the room. The "Dear Sydney" spot was still airing on US TV on Tuesday morning, according to the measurement firm iSpot.

Persons: —, USA's Sydney McLaughlin, McLaughlin, Shelly Palmer, Syracuse University's S.I, Jon Evans, Evans, System1, Kevin, Sabrina, Sydney, Maani Safa, Poppins, Safa, Malcolm Poynton, didn't, Lorraine Twohill, Josh Green Organizations: Service, Google, Gemini, Business, Paris Olympics, YouTube, Team USA, Syracuse University's, Newhouse School of Public Communications, NBC Sports, Cheil Locations: Paris

☆ America's demand for skilled electricians is entering a boom cycle
▼ + stars: | 2024-07-27 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

Every year, nearly 10,000 electricians either retire or change careers, but only about 7,000 new ones enter the field. "We're benefitting from a generation that's looking past high school and is not seeing a career going through the traditional four-year college pathway. Contributing to that shift are high school guidance counselors like Steve Schneider, who has advised students for 28 years, currently at Sheboygan South High School in Wisconsin. It offers high school students hands-on training alongside workers from local companies, introducing them to skilled trades and other occupations, which can lead to an apprenticeship after graduation. Among LATTC's 12,000 students, 4,600 are currently enrolled in electrician training, he said, adding that tuition is around $1,000 a year.

Persons: —, David Long, They're, Adrian Sauceda, We've, Sauceda, Thayer Long, IEC's Thayer Long, Steve Schneider, Schneider, Kohler, NECA's David Long, Bill Elarton, Selig, Alan Marzullo, Marzullo, NECA's Long Organizations: Bureau of Labor Statistics, BLS, National Electrical Contractors Association, International Brotherhood of Electrical Workers, Independent Electrical Contractors, IEC, Sheboygan South High School, Rockline Industries, Inspire Wisconsin, NECA, Electrical Training Alliance, Department of Labor, Los Angeles Trade, Technical College, Syracuse University's College of Professional Studies, Consortium, Micron Technology, Local, Micron Locations: U.S, Wisconsin, Sheboygan, America, Clay , New York

☆ Iran's strike on Israel shows how the Biden administration has lost control of the conflict, foreign policy expert says
▼ + stars: | 2024-04-14 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

President Joe Biden told reporters on Friday that he expected Iran to attack Israel "sooner, rather than later." Advertisement"The fact that the Biden administration is both arming Israel and sending aid to Gaza shows the world that the Biden team has no strategic competence," McFate said. But the president's support for Israel runs counter to the reasons he said the US should support Ukraine. "I've just spoken with Prime Minister Netanyahu to reaffirm America's ironclad commitment to the security of Israel," Biden said. However, in the same call, Biden told the prime minister that the US will oppose a counterattack against Iran, a senior White House official told CNN.

Persons: —, Joe Biden, Sean McFate, McFate, Biden, Israel, They've, Benjamin Netanyahu, Netanyahu Organizations: Service, Associated Press, Business, Israel, Syracuse University's Maxwell School of Citizenship, Public Affairs, Washington Post, Biden, Ukraine, Israeli, White House, CNN Locations: Israel, Gaza, Iran, Syria, Damascus, Hamas, Saudi Arabia, Russia, Ukraine

☆ Taylor Swift abandoned UMG's fight, making the record label's argument against TikTok look weaker: report
▼ + stars: | 2024-04-13 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Swift recently brought her music back to the platform after UMG pulled it in January due to an ongoing fight between the music publisher UMG and TikTok. This story is available exclusively to Business Insider subscribers. According to a report from The Wall Street Journal, Swift was initially on board with UMG's move. "Universal can't claim they're winning a fight Taylor doesn't want a part of," Bill Werde, the director of Syracuse University's music business program, told the Journal. UMG, TikTok, and a representative for Swift didn't respond to requests for comment from Business Insider sent outside regular business hours.

Persons: —, Taylor, Universal Music Group's, Swift, UMG, TikTok, Drake, Olivia Rodrigo, Beyoncé, UMG's, Swift's, they're, Taylor doesn't, Bill Werde Organizations: Service, Universal Music, Wall Street Journal, Business, Wall Street, Poet's Department, Syracuse, Business Insider

☆ 4 red flags for an IRS tax audit — and how to avoid the 'audit lottery,' according to tax pros
▼ + stars: | 2024-02-13 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

But everyday filers could still face an audit — and certain issues are more prone to IRS scrutiny, experts say. Audit rates of individual income tax returns decreased for all income levels from tax years 2010 to 2019, largely due to lower IRS funding, according to a report from the Government Accountability Office. Here are some of the biggest IRS audit red flags. Unreasonable tax breaksAnother red flag could be excessive deductions compared to what's considered normal for your income level, according to Losi. Earned income tax creditThe earned income tax credit, a tax break for low- to moderate-income workers, has historically been scrutinized "because the refundable part attracts certain bad actors," said Steber.

Persons: Ryan Losi, Mark Steber, Jackson Hewitt, Steber, what's, Losi, Erin Collins Organizations: Getty, IRS, Office, NEC, lotto, Center, filers Locations: Syracuse, U.S

☆ What Dominion's lawsuit could mean for Fox and its cable TV networks
▼ + stars: | 2023-04-13 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +5 min

Michael M. Santiago | Getty Images News | Getty ImagesDominion Voting System's defamation lawsuit against Fox Corp . and its cable TV networks will go to trial in the coming days, but the jury is still out on what, exactly, the lawsuit means for Fox and its business. Dominion brought its lawsuit against Fox and its TV networks, Fox News and Fox Business, in March 2021, arguing their hosts pushed false claims that Dominion's voting machines were rigged in the 2020 presidential election that saw Joe Biden triumph over Donald Trump. Worsen [Fox Corp. Stock Chart Icon Stock chart icon Fox Corp.'s stock has remained stable in recent months as evidence implicating its TV hosts and executives have come to light in Dominion's defamation lawsuit. Oftentimes, companies will pull their ads when TV networks are embroiled in controversy.

[1/5] Asylum seekers board a bus after crossing into Canada from the U.S. in Champlain, New York, U.S., February 28, 2023. Many of the arrivals abandoned plans to seek asylum in the United States, deterred by long processing times and restrictive definitions for asylum, according to aid officials and interviews with asylum seekers. "We want to help asylum seekers stabilize their lives whether in New York City or elsewhere." The Quebec government has said the increase in asylum seekers is straining its capacity to house people and provide basic services. Immigration experts said closing off the border to asylum seekers could push migrants to take even riskier routes.

Many of the arrivals abandoned plans to seek asylum in the United States, deterred by long processing times and restrictive definitions for asylum, according to aid officials and interviews with asylum seekers. "We want to help asylum seekers stabilize their lives whether in New York City or elsewhere." REUTERS/Christinne Muschi Acquire Licensing RightsThe Quebec government has said the increase in asylum seekers is straining its capacity to house people and provide basic services. The federal government said it has relocated more than 5,500 asylum seekers to other provinces since June, the first time it has done so. Immigration experts said closing off the border to asylum seekers could push migrants to take even riskier routes.

Persons: Zulema Diaz, Maryangel Diaz, Carlos Osorio, Diaz, Justin Trudeau, Joe Biden, Sean Fraser, Alejandro Mayorkas, Trudeau, Biden, Zulema, Eric Adams, Kate Smart, Fabien Levy, Smart, Ilze Thielmann, Raymond Theriault, Theriault, Christinne, Pierre, Luc Bouchard, You’re, Jamie Chai Yun Liew, Anna Mehler Paperny, Ted Hesson, Denny Thomas, Suzanne Goldenberg Organizations: REUTERS, New, . Homeland, Washington , D.C, Ottawa, New York City, Department of Homeless Services, U.S . Department of Homeland Security, Reuters Graphics Canada, United, Colombian, Immigration, Refugee Board, Canadian, Reuters, U.S, . Citizenship, Immigration Services, TLC, Border Patrol, University of Ottawa, Thomson Locations: U.S, Quebec, Niagara Falls , Ontario, Canada, CHAMPLAIN , New York, WASHINGTON, Peru, United States, New York City, Plattsburgh, Washington ,, New York State, New York, Haitian, Syracuse, El Paso, West Virginia, Niagara Falls, Guatemala, Champlain , New York, Montreal, Canada's province, Manitoba, Washington

☆ IRS commissioner nominee to 'ensure that America's highest earners comply with tax laws.' Here are the key takeaways from Senate hearing
▼ + stars: | 2023-02-16 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles Rettig at a Senate Finance Committee hearing. Tom Williams | Pool | ReutersPresident Joe Biden's nominee to lead the IRS answered questions during a Senate Finance Committee hearing this week, highlighting key issues from lawmakers on both sides of the aisle. If I am fortunate enough to be confirmed, the audit and compliance priorities will be focused on enhancing IRS' capabilities to ensure that America's highest earners comply with tax laws. Daniel Werfel IRS Commissioner nominee"Just because [Werfel's hearing] was smooth doesn't mean there won't be a fairly charged environment with the House in Republican hands and the election coming," Everson said. During fiscal 2022, millionaires faced a 1.1% chance of an IRS audit, according to a recent report from Syracuse University's Transactional Records Access Clearinghouse.

☆ Don't risk a tax audit. Here are four reasons the IRS may flag your return
▼ + stars: | 2023-02-03 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

"People are scared to death of the IRS," said Karla Dennis, an enrolled agent and founder of Karla Dennis and Associates. 4 red flags for an IRS auditThe statute of limitations for an IRS audit is typically three years, with the clock starting once you file, explained John Apisa, a CPA and partner at PKF O'Connor Davies LLP. Refundable credits The IRS also reviews refundable tax credits more carefully since filers can still receive the tax credit with zero balance due. While audits have declined overall, the drop is lower for filers claiming the earned income tax credit, a tax break for low to moderate earners, which has contributed to higher audit rates among Black Americans. Round numbers Deductions with rounded expenses may raise eyebrows, said Preeti Shah, a certified financial planner and CPA at Enlight Financial in Hamilton, New Jersey.

☆ Oscar-nominated 'Everything Everywhere All At Once' features an IRS ordeal, but here's what really happens in an audit, according to tax pros
▼ + stars: | 2023-01-24 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

But audits have been rare, according to Ryan Losi, a certified public accountant and executive vice president of CPA firm Piascik. "I have maybe two or three a year, and that's with 600 clients," he said. Typically, the IRS uses software to assign a numeric score to returns, and when the rating is high enough, it may be flagged for an audit, explained Michael Prinzo, managing principal of tax at CliftonLarsonAllen. During the fiscal year 2022, 85% of IRS audits occurred by correspondence, according to the Syracuse University report. Michael Prinzo managing principal of tax at CliftonLarsonAllen

☆ Venezuelans describe dangers and desperation amid U.S. asylum changes
▼ + stars: | 2023-01-18 | by ( Albinson Linares | Noticias Telemundo | ) www.nbcnews.com time to read: +11 min

MEXICO CITY — Mariantonela Orellana spent nine days in the dangerous Darien Gap jungle in the Colombia-Panama border, and she described her nightmarish ordeal. Now back in Mexico, migrants wrestle with whether to try to stay in Mexico, keep trying to seek asylum in the U.S. or return to Venezuela. According to Department of Homeland Security data, the flow of Venezuelan migrants to the U.S. increased by almost four times compared to the year prior. Mexican authorities approved 61% of asylum applications from January to November, including at least 90% of approvals for Hondurans and Venezuelans. “I left Venezuela because the discrimination against the LGBT community is terrible; we are trampled on and attacked every day.

☆ Netflix is entering a new era with ads. Here's how marketers and brands could influence the programming you see on the streamer.
▼ + stars: | 2022-11-03 | by ( Reed Alexander | Lucia Moses | ) www.businessinsider.com time to read: +8 min

Media experts say forays into ad-based streaming will influence content strategy at Netflix and Disney+. Netflix and Disney+ are readying services with ads to expand their appeal and revenue opportunities amid softening subscriber growth. Netflix's move to add advertising — a reversal of its longtime stance against ads — has been the subject of widespread research. Ultimately, experts predicted, it will take at least a year or two for the influence of advertisers to be felt in the streamers' content mix. Do you work for an entertainment company like Netflix or Disney+?

☆ Bringing ads to Netflix and Disney+ could shake up the mix of shows and movies at the streaming giants. Here's what it means for Hollywood.
▼ + stars: | 2022-10-11 | by ( Reed Alexander | Lucia Moses | ) www.businessinsider.com time to read: +8 min

Media experts say forays into ad-based streaming will influence content strategies at Netflix and Disney+. Netflix and Disney+ are readying services with ads to expand their appeal and revenue opportunities amid softening subscriber growth. Hollywood should pay close attention to what this may mean for selling shows and movies to the entertainment industry's dominant players. Ultimately, experts predicted, it will take at least a year or two for the influence of advertisers to be felt in the streamers' content mix. Do you work for an entertainment company like Netflix or Disney+?

☆ Top Fox News personalities face questioning as Dominion Voting's defamation lawsuit moves forward
▼ + stars: | 2022-09-02 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

Alexi Rosenfeld | Getty ImagesNext week, Maria Bartiromo will join the parade of Fox personalities who are being called to answer questions in Dominion Voting Systems' defamation lawsuit against the network. Dominion has argued that Fox Corp. 's Fox News and Fox Business made false claims that its voting machines rigged the results of the 2020 election between Donald Trump and Joe Biden. But in December, the Delaware judge overseeing the Dominion case denied Fox News' request to have the case dismissed. Fox has asked the court to keep all of the collected materials private, claiming that Dominion mischaracterized what the documents show as actual malice. FOX Business' "Mornings With Maria" anchor Maria Bartiromo at Fox Business Network Studios on April 6, 2018 in New York City.

☆ 12 Steps to Starting a Small Business
▼ + stars: | 2019-05-02 | by ( ) www.nbcnews.com time to read: +8 min

Step 2: Write a business planYou don’t need an MBA to write a business plan. In addition to selecting your business name, you may also need to register a fictitious business name, known as a DBA (Doing Business As). Step 9: Figure out your taxesYour business structure will determine the types of taxes you’ll have to pay. Step 11: Learn relevant laws and regulationsIf you’re starting an online business, contact the Federal Trade Commission to learn about e-commerce regulations. Step 12: Set up your accounting systemBookkeeping can be simple, at least when you first start your business.

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