DIRS.INFO The most relevant business & tech news

“This will be the first Olympics, since Sydney, where the total costs are coming in under $10 billion,” said Victor Matheson, a College of the Holy Cross professor of economics who has researched the financial costs of the Olympics. Workmen adjust banners on the 3x3 basketball venue located at La Concorde, in Paris, ahead of the 2024 Olympic Games. Additionally, the Paris Olympic Village will be converted into offices and housing in a historically impoverished neighborhood. Still, economists say, it may take more drastic moves in the future for the Olympics to be truly sustainable and economically sound. “I love the Olympics, and I love sporting events, but I just really do not think that the way the Olympics works now is a viable business model,” Phalin said.

Persons: ”, Victor Matheson, “, “ It’s, David Gray, Andrew Zimbalist, ” Zimbalist, Michael Kappeler, it’ll, Fabrice Coffrini, Zimbalist, ‘, Amanda Phalin, Christian Petersen, I’m, ” Phalin, you’ve, it’s, Andrew Medichini, shuttlecocks, Matheson, Phalin Organizations: CNN, Olympic, Paralympic Games, Paris Games, of, IOC, La Concorde, Getty, Mexico City Games, Montreal Games, Smith College, Olympics, Oxford University, Audit Board, Tokyo, Eiffel, Paris, University of Florida’s Warrington College of Business, Games, of Investment, Development Authority, French, ” Workers, Palais, AP Paris Locations: Paris, Sydney, La, AFP, Mexico, Munich, ” Los Angeles, Tehran, Beijing, Sochi, France, “, Lake Placid , New York, Lake Placid, ”, Los Angeles, Oklahoma

☆ Boomers who want to transfer wealth to their adult kids should make sure their finances can pass a stress test
▼ + stars: | 2024-07-25 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

So, how do you know if you're in a position to be able to start passing down your wealth? But even average baby boomers, who have a net worth of around $1 million, are getting in on early wealth transfers. Griffith said the first thing someone should do before transferring wealth is to look at their retirement resources and do something she calls a "stress test." That includes considering what the portfolio might look like when the markets are most volatile and declining. Griffith said a wealth advisor can help complete a stress test using specific software that looks at various simulations of what could happen to a person's finances.

Persons: boomers, Michelle Griffith, Griffith, it's Organizations: Service, Business, Financial, Citi, Wealth Management

☆ Nickelback, Post Malone, Chris Brown, and other stars took COVID cash despite their accountants' initial concerns about 'perjury' and 'perception problems,' court documents say
▼ + stars: | 2024-07-25 | by ( Jack Newsham | ) www.businessinsider.com time to read: +6 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Congress created the Shuttered Venue Operators Grant in 2021 to help theaters and indie music venues stay in business during the pandemic lockdowns. A 2023 Business Insider investigation found that dozens of wealthy musicians used ineffective oversight and loopholes in the law to line their pockets. But once the law was passed, Strickland said he focused on helping as many people get money as possible. According to an email, he ended up telling NKSFB to pull the application, figuring he was being fed "BS" by a consultant.

Persons: Post Malone, Chris Brown, Nickelback, Lil Wayne, didn't, —, Paul Anka —, David Hickok, Hickok, Bessy Wong, Mickey Segal, Anka, Segal, NKSFB, Kyle Leunissen, Suicideboys, Michael Strickland, Lites, Strickland, Paul Anka Organizations: Service, Small Business Administration, Business, Post, SBA, BI, Billboard Locations: Angeles, American, NKSFB

☆ Read about U.S. arms transfers to Israel since Oct. 7
▼ + stars: | 2024-07-25 | by ( ) www.nytimes.com time to read: +3 min

U.S. Arms Transfers to Israel Since October 7 Recent U.S. decisions to withhold certain arms transfers to Israel, resume others, and the inconsistent reporting around those decisions highlight the challenges of accounting for vital resupplies to help Israel wage an unexpected, prolonged, multifront, munitions-intensive conflict. JINSA has produced an infographic detailing publicly-listed U.S. military assistance to Israel since October 7, including withheld supplies. JINSA Because arms deliveries are not publicly disclosed, it is difficult to assess exactly which supplies the United States agreed to send since October 7, versus sales that were contracted before that date and delivered afterward - nor is this list likely to be exhaustive, given backlogged and incomplete reporting of agreed arms transfers by the Pentagon. Weapon Type AGM-114 Hellfire-2 Missiles and Precision Guided Munitions Armored Vehicles, Armaments, Personal Protective Equipment, Medical Supplies, and Ammunition Artillery Ammunition and Ancillaries: M107 155mm D Quantity of Weapons & Supplies Value of Weapons MO/YR Requested MO/YR MO/YR Appropriated Approved Delivered 3,000 Missiles Yes 10,000 Tons Through 12/23 4,792 Rounds $147.5 Million 12/23 Artillery Ammunition: M795 155mm 52,229 Rounds 12/23 Bomb Live Unit (BLU)-109 Bombs: 2,000-lb 100 Bombs Yes Cannon Ammunition: 30mm 36,000 Rounds Yes Colt M16, M4, and MK18 Rifles 44,000 Rifles $34 Million 11/23 Yes $26.675 Million 5/24 ≤50 Aircraft $18+ Billion 25 Aircraft Yes Yes ཪི་ $14.1 Billion 4/24 Colt M4A1 Carbines, Suppressors, and Flash Suppressors F-15 Tactical Fighter Aircraft F-35A Multirole Combat Aircraft High Explosive Anti-Tank Multi- Purpose with Tracer (MPAT) Tank Cartridges and Related Equipment: M830A1 120mm Iron Dome Missile Defense System Israel Security Supplemental Appropriations Act, 2024: Iron Dome and David's Sling Systems, and Iron Beam Development Joint Direct Attack Munitions (JDAM) JP-8 Jet Fuel M141 Bunker-Buster Ammunition 13,981 Rounds $106.5 Million 2 Batteries 3,000 Rounds 41,227,000 kg ≥1,800 Rounds Delivered of 3,000 Requested 12/23 Yes Yes 12/23 Yes M4 Propelling Charges Mortar Ammunition Night-Vision Devices 30,000 Charges 12/23 $60 Million 5/24 3,500 Devices Yes Skydio X10 Series Drones 100+ Drones Yes Small Diameter Bombs (SDB): Various Types 2,600 Bombs Yes Switchblade 600 Drones 200 Drones 10/23 Tactical Vehicles $500 Million 5/24 Tamir Interceptors for Iron Dome Undisclosed Number of Rounds Yes Tank Ammunition 14,000 Rounds $700 Million Unguided Bombs: MK82 500-lb Unguided Bombs: MK82 500-lb 6,500 Bombs Unguided Bombs: MK84 2,000-lb 1,700 Bombs 14,000 Bombs Unguided Bombs: MK84 2,000-lb 1,800 Bombs 12/23 Yes 6/23 Yes Yes Yes DDDD Currently Reported to be Suspended Recently Unsuspended Transfers

Persons: ཪི, Tamir, DDDD Organizations: Pentagon, Guided Munitions, Vehicles, Armaments, Medical Supplies, Artillery, MK18 Rifles, Colt, Fighter Aircraft, Dome Missile Defense System Israel, Systems, Beam, Attack Munitions, Buster, Iron Locations: Israel, States

☆ Kamala Harris has entered the U.S. presidential election. What that could mean for crypto
▼ + stars: | 2024-07-24 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

The outcome of the U.S. presidential election and its implications for the crypto industry got more uncertain this week after Vice President Kamala Harris entered the race following President Joe Biden's exit. Many are now wondering what a Harris administration could mean for crypto – especially following years of an anti-crypto crusade led by Biden-appointed SEC Chair Gary Gensler and Sen. Elizabeth Warren, D-Mass. On Tuesday, a day after Harris launched her campaign, billionaire Mark Cuban said her advisors had begun reaching out to him about crypto policy . Bitcoin, the largest cryptocurrency, had recently seen a boost as Trump incorporated crypto into his platform. The crypto industry sees itself as nonpartisan, and in recent weeks has bipartisan support for crypto in Congress has been growing.

Persons: Kamala Harris, Joe Biden's, Donald Trump, —, Harris, Biden, Gary Gensler, Sen, Elizabeth Warren, Harris doesn't, they've, …, Kristin Smith, Devin Ryan, Mark Cuban, Trump, JMP's Ryan, that's, Ryan, Smith, Nancy Pelosi, Adam Schiff, it's Organizations: U.S, Republican, SEC, Democratic, Democratic Party, Blockchain Association, JMP Securities, Trump, BTC, SAB, Innovation, Technology, Futures Trading Commission Locations: Nashville, bitcoin, California

☆ How startups can get in top shape for an IPO, according to Silicon Valley lawyer Louis Lehot
▼ + stars: | 2024-07-24 | by ( Alistair Barr | ) www.businessinsider.com time to read: +11 min

Louis Lehot, a Silicon Valley law-firm partner, specializes in taking companies from startup to IPO. The IPO market is expected to pick up later this year, so Business Insider emailed Silicon Valley lawyer Louis Lehot, a partner at Foley & Lardner, for advice on how startups should prepare for life as public companies. Are public market investors generally keen to invest in IPOs, or are they focused elsewhere? Public market investors are selective, focusing on established profitability and sustainable growth over speculative, high-growth stories. What are the key process changes companies need to make ahead of an IPO?

Persons: Louis Lehot, Lehot, —, Lardner, Collison Organizations: Service, Foley, Healthcare, Biotech, Green Energy, Enterprise, Street, Investor

As Tesla CEO Elon Musk continues to make lofty promises about his company's future in autonomous driving and robotics, investors keep watching profit margins deteriorate. It's the fourth straight quarter of shrinkage. The company reported just $1.48 billion in net income on revenue of $25.5 billion, which included $890 million in regulatory credits. "Affordability remains top of mind for customers," said Vaibhav Taneja, Tesla's chief accounting officer, on the company's earnings call. Tesla began offering a five-year, zero interest loan offer to spur sales of its EVs in China in April.

Persons: Elon Musk, Tesla, Vaibhav Taneja Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, Nasdaq Locations: Beverly Hills , California, China, CnEVPost, Shanghai, Germany

☆ What the West's foes may be learning from the Ukraine war
▼ + stars: | 2024-07-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

AdvertisementShe explained that from a tactical perspective, Ukraine and Russia are learning much about each other, and in response, the cycles of adaptation and countermeasures are rapidly compressing. "Russia's allies and their partners are learning from them, and this is now a currency that Russia has to give to Iran, China, North Korea — that learning of our equipment." Iran and North Korea have collectively outfitted Russia with a bunch of lethal aid, including missiles, rockets, artillery shells, and drones. Photo by ANONYMOUS/Middle East Images/AFP via Getty ImagesChina's support for Russia as it wages war in Ukraine has been more discreet. Experts and officials have also said that North Korea is likely learning about how its weapons perform in actual combat conditions.

Persons: —, Dara Massicot, Massicot, Baiba Braže, Alina Smutko, Tehran's, Abrams, ALEXANDER NEMENOV, It's, Luke Coffey, Iran's Organizations: Service, NATO, Business, Carnegie Endowment, International, Latvia's, Mechanized Brigade, REUTERS, Getty, CNN, Russian, Army Tactical Missile, West, Ukraine —, Hudson Institute, North, General Staff, Ukrainian Armed Forces, Institute for, Ukraine Locations: Ukraine, Russia, Washington, Iran, China, North Korea, Moscow, Iranian, Kermanshah, Beijing, Tehran, Pyongyang, AFP, Israel, Korea, Ukrainian, X

CNN —Rudy Giuliani’s trip to Milwaukee for last week’s Republican National Convention was bankrolled by the media platform started by “My Pillow Guy” Mike Lindell, Giuliani’s lawyer told a bankruptcy court that is scrutinizing the former New York City mayor’s finances. Lindell told CNN on Tuesday that Giuliani is an employee of the media company, but declined to say how much he was being paid for the job, which he said started July 1. Judge Sean Lane of the federal bankruptcy court in White Plains, New York, is expected to issue a ruling any day on how to move forward. Lindell told CNN on Tuesday that he paid for Giuliani’s travel because the former New York mayor was hired on July 1 as a host for Lindell’s right-wing broadcast platform, FrankSpeech TV. Giuliani said he had “no regrets at all” about how he treated Moss and Freeman during the 2020 election.

Persons: Rudy Giuliani’s, “, Guy, Mike Lindell, Giuliani’s, Giuliani, Donald Trump, Lindell, Ruby Freeman, Shaye Moss, Sean Lane, ” Lindell, “ It’s, “ We’ve, ” Giuliani, Frank Speech, Gary C, Fischoff, CNN’s Kaitlan Collins, Moss, Biden ”, Hunter Biden, ” “ They’re, Collins, Freeman, ” Organizations: CNN, Republican National Convention, New, Lindell, RNC, Trump Locations: Milwaukee, New York City, Georgia, Palm Beach , Florida, White Plains , New York, New York

Each airline earns and uses Avios differently, and this guide focuses on British Airways Avios unless specified otherwise. Earning AviosThere are many ways to earn British Airways Avios, which we'll explore in more depth below. Earn Avios from using a British Airways Avios credit cardBritish Airways Visa Signature® Card Apply now lock icon An icon in the shape of lock. Not the most rewarding card for non-British Airways purchases Insider’s Take If you like British Airways Avios points, the British Airways Visa Signature® Card has an excellent welcome bonus offer to consider. British Airways Avios frequently asked questionsCan I transfer Avios between accounts?

Persons: you'll, Here's, BA's, Cardholders, Avios, Read, it's, British Airways Avios Organizations: Business, British Airways, Aer Lingus, Read, U.S, Turkish for Star Alliance, British Airways Executive Club, Club, Qatar Airways, Oneworld, American Airlines, Qantas, Cathay, British, Aer, British Airways Visa, FDIC, American Express, Chase, Mastercard, Marriott, Southwest Airlines, D.C, you'll, Airlines, West Coast Locations: Iberia, Qatar, Europe, Aer Lingus, Finnair, Cathay Pacific, London, Aer, Iberia's, Chase, Avios, Marriott, New York, Los Angeles, U.S, gcmap.com, Miami, American, Caribbean, Central, Nassau, Bahamas, Belize, San Juan , Puerto Rico, SJU, Guatemala City, San Jose, Costa Rica, Cancun, Washington, Austin, Asia, JFK, Philadelphia, Amsterdam, East Coast, Madrid, Chevron

☆ Death of Hedge Fund Stars: Wall Street, Stock Market Titans Are Gone
▼ + stars: | 2024-07-21 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Take activist hedge funds, which buy up a percentage of a company's stock (or an asset) and then use their weight to push for operational changes. Or there would be a fun, splashy war between the hedge fund and the C-suite. Hedge funds rely on outperforming the market when times are hard and it's easier to find pockets of outperformance and exploit them. Of course, hedge funds are having a hard time coming up with a crew because the clients have changed too. Advertisement"At the end of the 1960s, the bubble burst, and everyone thought, 'That's the end of hedge funds,'" Mallaby said.

Persons: David Tepper, Anthony Scaramucci, Lenny Kravitz, lanyards, Bobby Jain, Goldman Sachs, Denise Shull, Charles Lemonides, ValueWorks, Saba Capital's Boaz Weinstein, BlackRock, Nelson Peltz, Bob Iger, Paul Singer's Elliott, —, Elliott, Meir Statman, Statman, I'm, That's, Paris, Marc Jacobs, they've, they're, Sebastian Mallaby, Julian Robertson, Julian, Mallaby, Lemonides, wonky quants, Keith Gill, David Einhorn, Andrew Left, bro Organizations: Appaloosa Management, Carolina Panthers, Bellagio, Millennium Management, Credit Suisse, Jain, Disney, Paul Singer's Elliott Management, Santa Clara University, Behavioral Finance, New, Tiger Management, Met, rockstar, Ferrari, Greenlight, Harvard, Princeton grad, Research Locations: Vegas , New York City, Singapore, Argentine

The information for the following product(s) has been collected independently by Business Insider: Bank of America® Business Advantage Travel Rewards World Mastercard® credit card, Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card, Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card, Alaska Airlines Business Credit Card, Platinum Plus® Mastercard® Business Credit Card. Best Bank of America Business Credit CardsBank of America® Business Advantage Travel Rewards World Mastercard® credit card : Best for travel rewards: Best for travel rewards Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card : Best for flat-rate cash back: Best for flat-rate cash back Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card : Best for choosing your cash back category: Best for choosing your cash back category Alaska Airlines Business Credit Card : Best for airline miles: Best for airline miles Platinum Plus® Mastercard® Business Credit Card : Best for 0% intro APR offerBank of America Business Credit Card ReviewsBank of America® Business Advantage Travel Rewards World Mastercard® credit card: Best for travel rewardsThe Bank of America® Business Advantage Travel Rewards World Mastercard® credit card is a solid choice for a no-annual-fee business card, earning an unlimited 1.5% back for every dollar spent. Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card: Best for flat-rate cash backThe Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card is another easy-to-use product for business owners. Platinum Plus® Mastercard® Business Credit Card: Best for 0% intro APR offerThe Platinum Plus® Mastercard® Business Credit Card is the final business credit card in our roundup, and the most underwhelming offer in Bank of America's business card lineup. Bank of America Business Credit Card Frequently Asked QuestionsCan I get more than one Bank of America business credit card for my business?

Persons: We've, cardholders, They'll, You'll, Cardholders, reselling, you'll Organizations: Business, Bank of America, Cash, Alaska Airlines Business Credit, Mastercard, Bank of America Business, of America, EV, Alaska Airlines Business, Alaska Airlines, Best Bank of America Business Credit Cards Bank of America, Bank of America's, Bank of America Travel Center, Bank of America Alaska Airlines Visa, Bank of, Bank of America Business Credit Cards Bank of America, Best Bank of America Business Locations: Alaska, Chevron

Best Travel Business Credit Card Overall: Ink Business Preferred® Credit CardThe Ink Business Preferred® Credit Card is a fantastic jack-of-all-trades business credit card for many small business owners. Best Business Credit Card for High Spenders: Capital One Venture X Business Card†The Capital One Venture X Business Card† is a newcomer on the business credit card scene that heavily rewards big spenders. Best Business Credit Card for Unlimited Flat-Rate Cash Back or Chase Ultimate Rewards®: Ink Business Cash® Credit CardThe Ink Business Cash® Credit Card is a no-annual-fee business credit card that earns generous cash back on business-related categories while providing useful perks such as purchase and extended warranty protection. Read our full Southwest Performance business credit card review to learn more about this business credit card. Business Travel Credit Card Frequently Asked QuestionsWhat makes a business credit card ideal for travel?

Persons: you've, You've, It's, You'll, We'll, you'll, it's, Cardholders Organizations: Business, Venture, Business †, Best, Travel, American Express, American, Express, Southwest, Travel Best, Ink, Chase Travel, Chase, FDIC, Capital, One, FedEx, Grubhub, Supply, Walmart, Southwest ®, Rapid, Dell, Adobe, Air Canada Aeroplan, British Airways Executive Club, Marriott Bonvoy, Miles, WiFi, Amex, Travel Business, — Locations: Chase TravelSM, AmexTravel.com, rideshare, airfare, Chase, Chevron

Here are the best retirement plans, calculators, investment strategies, and tips you can use to ensure your retirement savings plan is on track. Understanding retirement needsAssessing your retirement needsUnfortunately, there's no general number to aim for when saving toward retirement. Financial experts recommend delaying Social Security until you reach full retirement age (age 70). This rule states that retirees can withdraw up to 4% of their retirement savings in year one of retirement. The 4% rule in retirement planning suggests withdrawing 4% of your retirement savings each year to prevent you from prematurely running out of money for at least 30 years.

Persons: there's, you'll, doesn't, Roth, IRAs, They're, Jim Ludwick, Ludwick, Tolen Teigen, Everyone's, It's Organizations: Fidelity, Social Security, Security, Garrett Planning, Consulting, Chevron, Business Locations: U.S

U.S. Bank Business Triple Cash Rewards World Elite Mastercard review External link Arrow An arrow icon, indicating this redirects the user." U.S. Bank Business Triple Cash Rewards OverviewIf you're looking for a small-business card that earns rewards in popular bonus categories, the U.S. Bank Business Triple Cash Rewards World Elite Mastercard is a great one to consider. U.S. Bank Business Triple Cash Benefits and FeaturesThe main benefit of the U.S. Bank Business Triple Cash Rewards World Elite Mastercard is the bonus categories and welcome bonus, but there are a few other benefits you should know about. U.S. Bank Business Triple Cash Fees and CostsThe U.S. Bank Business Triple Cash Rewards World Elite Mastercard doesn't have an annual fee but there's a 3% foreign transaction fee, so it's not an ideal card to use abroad. U.S. Bank Business Triple Cash Frequently Asked QuestionsIs the U.S. Business Triple Cash worth it?

Persons: There's, you'll, That's, Cardholders Organizations: Business Insider, U.S . Bank Business, Cash, Mastercard, Rewards, EV, Bank Rewards, U.S, Bank, Gas, . Bank Business, U.S . Bank Business Triple Cash, U.S . Business Triple Cash, U.S . Business, . Bank Locations: U.S

☆ Inside the ‘doom loop’ of Joe Biden’s campaign
▼ + stars: | 2024-07-19 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

“His last act will not be getting knocked down,” said one longtime Biden 2020 campaign aide of the family and the inner circle. They loved saying in 2020 that Joe Biden won because the party, and not the pundits. Some have already “quiet quit,” going through the motions until Joe Biden gets to the end that many of them now believe is inevitable. It feels like if he could go to Congress and make a rousing speech, he would,” said one Democratic operative involved with the campaign. “Here in HQ, we’re working really hard because on winning campaigns, you work really hard,” said Biden campaign spokesman Kevin Munoz.

Persons: Joe Biden, Donald Trump, It’s, Biden, “, ”, they’ve, Illinois Sen, Dick Durbin, Reagan, they’ll, who’s, Faith, –, we’re, it’s, Kevin Munoz, Mike Novogratz, Abigail Disney, Trump, Joe, Nancy Pelosi, Chuck Schumer, Hakeem Jeffries, ” Biden, Kamala Harris, I’ve, Dan Kanninen, Kanninen, ” Kanninen, that’s, Donald Trump –, California Sen, Alex Padilla Organizations: Washington CNN, CNN, Biden, Democrats, Democratic, White, White House, Republican, Galaxy Digital, Democratic National Committee, Senate Democratic, Democrat, Google, West, “, Trump, Senate, Electoral College Locations: Illinois, Wilmington, Chicago, Pennsylvania, Michigan, Wisconsin, Arizona, North Carolina, California

☆ 8 of the biggest stock market crashes in history — and how they changed our financial lives
▼ + stars: | 2024-07-19 | by ( Rebecca Reisner | Richard Richtmyer | ) www.businessinsider.com time to read: +20 min

While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers. Here's a summary of eight of the most notable stock market crashes in history, their causes, and their fallout. Stock market crash FAQWhat happens when a stock market crashes? Numerous things can cause a stock market to crash, including:PanicNatural or man-made disastersEconomic crisesSpeculationCan a stock market crash be prevented? Unlike a bear market, stock market corrections are often short and usually work themselves out.

Persons: It's, Terry Marsh, Here's, Stocks, Carola Frydman, J.P, Morgan, —, Blair Hull, Alan Greenspan, Marc Chandler, Marsh, weren't, Tyler Muir, Thai bhat, Paula Bronstein, Stringer, Chandler, chipmaker, WebVan.com, Muir, The, Lehman Brothers, NICHOLAS ROBERTS, homebuyers, Bear, Lehman, Fannie Mae, Freddie Mac, Dodd, Frank Wall, Europe —, Italy — Organizations: Federal Reserve System, SEC, FDIC, Haas School of Business, University of California, Federal Reserve, United Copper Company, UCC, Kellogg School of Management, Northwestern University, Federal, System, Dow Jones, Gross, Federal Deposit Insurance Corporation, Securities and Exchange Commission, Dow, Nasdaq, Chicago, Black, Bannockburn Global Forex, UCLA Anderson School of Management, Getty, Asia, International Monetary Fund, chipmaker Qualcomm, The Sarbanes, Oxley, Investors, Financial, Bear Stearns, Lehman Brothers, Nikkei, US, Asset, Frank Wall Street Reform, Consumer, Consumer Financial, Dow Jones Industrial, Center, Budget, Stock, Corrections Locations: University of California Berkeley, AFP, Iran, Bannockburn, Japan, Thai, Asia, Thailand, Malaysia, Indonesia, South Korea, COVID, China, Europe, Italy, Chevron

The information for the following product(s) has been collected independently by Business Insider: Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card, U.S. Bank Business Triple Cash Rewards World Elite Mastercard®. How to use rewards earned with the BofA Business Advantage Customized Cash Rewards credit cardAt any time, you can redeem rewards earned with the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card as either a statement credit, checks, a direct deposit into your Bank of America account, or credit to an eligible Merill investment account. Bank of America Business Advantage Customized Cash Rewards frequently asked questions (FAQ)Is the Business Advantage Customized Cash Rewards worth it? What credit score do I need to qualify for the Business Advantage Customized Cash Rewards credit card? You need excellent credit to qualify for the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card.

Persons: it's, you've Organizations: Business, Bank of America, . Bank Business, Cash, Mastercard, EV, Bank of America Business, of America, U.S . Bank Business, Rewards, Computer, Consulting, Merrill, Bank, Auto

☆ Jamie Dimon: Skills are 'far more important' than a college degree in hiring
▼ + stars: | 2024-07-18 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

Skills are "far more important" than having a college degree for many jobs, he added. Dimon said JP Morgan Chase has eliminated degree requirements for most jobs at the bank and pivoted toward more skills-based hiring. About 80% of JP Morgan Chase's current roles for "experienced hires," or candidates with full-time work experience, don't require a college degree, a company spokesperson confirmed to Fortune. For context, 62% of Americans don't have a college degree, according to the latest Census data. That means degree requirements can lock out millions of job seekers with alternative qualifications from high-paying opportunities.

Persons: Jamie Dimon, Dimon, Morgan Chase, JP Morgan Chase's, It's Organizations: JPMorgan Chase, LinkedIn, Wall Street, Ivy League, McKinsey & Co, Harvard Business School's, Glass Institute, CNBC

☆ Bob Newhart, comedy legend and star of 'The Bob Newhart Show' and 'Elf,' dead at 94
▼ + stars: | 2024-07-18 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +9 min

Known for his comedic timing, the "Bob Newhart Show" and "Newhart" star was one of the funniest men of the 20th century. Breaking through into comedy in the '50sYoung Bob Newhart initially didn't consider comedy a career. Over the next 11 years, he released seven more albums, including "Bob Newhart Faces Bob Newart" (1964) and "Best of Bob Newhart" (1971). Bob Newhart during the first season of "The Bob Newhart Show," performing one of his popular telephone jokes. "The Bob Newhart Show" and "Newhart"Newhart on "The Bob Newhart Show."

Persons: —, Bob Newhart, Jerry Digney, Newhart, Bernard, Will Farrell, he'd, Young Bob Newhart, Gerald Smith, George Robert Newhart, James Thurber, Max Shulman, Fred Allen, Jack Benny, couldn't, Abraham Lincoln, Conan O'Brien, Abe Lincoln Vs, Dan Sorkin, Ed Sullivan, Bob Newart, Grace L, it's, Carol Burnett, Dean Martin, Sanford, Son, Bob Hartley, Roseanne, Variety, Gerald Ford, Dick Loudon, Ginnie, Rolling Stone, Cuoco, Monty Brinton, George, Leo, Bob, Arthur Jeffries, Sheldon Cooper, Sheldon fanboyed, Jeffries, Cooper, Proton, Sheldon, Virgina, Ginny, Quinn, Timothy, Jennifer, Courtney, Kirsten Acuna Organizations: Service, CBS, Business, Disney, Television Academy Foundation, NBC, NBCU, Getty Images, Television Academy, United States Army, Madison, ABC, Warner Bros . Records, AV, Getty, Warner Bros, Party, Ferguson, Peabody, Fox, Entertainment, Academy of Television Arts & Sciences Hall of Fame, Proton, Wars Locations: Oak Park , Illinois, Chicago, Vermont

☆ Stream These 6 Great Bob Newhart Performances
▼ + stars: | 2024-07-18 | by ( Noel Murray | ) www.nytimes.com time to read: +2 min

The legend of Bob Newhart, who died on Thursday at 94, holds that he was once just an ordinary Chicago accountant who honed a stand-up act in his spare time. Overnight, the story goes — almost accidentally — he became a Grammy-winning sensation with his debut album, “The Button-Down Mind of Bob Newhart,” a collection of one-man sketches in which he play-acts one half of funny conversations. Newhart worked in advertising for longer than he did in accounting; and his showbiz ambitions were never just an afterthought. He then played variations on his stand-up character in two hit sitcoms: “The Bob Newhart Show” through much of the ’70s and “Newhart,” which ran from 1982 to 1990. In doing his bits about ordinary schmoes in extraordinary situations — such as crossing paths with King Kong or consulting with Abe Lincoln — Newhart spoofs the language of American life.

Persons: Bob Newhart, —, ”, Newhart, innately, Everyman, “ Newhart, King Kong, Abe Lincoln — Newhart Organizations: Apple, Amazon Prime Locations: Chicago

☆ DOJ says ‘substantial progress’ made toward final plea agreement with Boeing but needs more time
▼ + stars: | 2024-07-18 | by ( Mary Kay Mallonee | ) edition.cnn.com time to read: +1 min

CNN —The Justice Department said on Thursday that it has made “substantial progress” in finalizing an agreement with Boeing to plead guilty to defrauding the US government, but more time is needed to work out the remaining details. The Justice Department and the plane maker had planned to file the final terms of the agreement with a federal court in Texas on Friday. But, prosecutors said Thursday in a status report that they “will not be able to finalize the agreement by tomorrow” and that the earliest it will happen is next week. The agreement stipulates that Boeing will have to operate under the oversight of an independent monitor, a person to be chosen by the government, for a period of three years. But that oversight and the fine did not satisfy the families of victims, according to one of their attorneys.

Persons: Max, ” Organizations: CNN, The Justice, Boeing, Justice Department, Government, Department Locations: United States, Texas

Bypass or credit shelter trust: Like a marital trust, married couples establish this type of trust to reduce or eliminate the estate tax for heirs. Or, you can have your trust fund managed by a corporate trustee or trust company. Trust funds — Frequently asked questions (FAQs)Can anyone set up a trust fund? However, remember that trust funds involve high fees, so only folks able to afford these expenses should open a trust fund. How long a trust fund lasts depends on the terms of trust.

Persons: Jaime Eckels, Plante Moran, Totten, grantors, Grantor, Cash, You'll, There's Organizations: Plante Moran Financial Advisors Locations: Chevron

☆ Can Boeing get back to its glory days?
▼ + stars: | 2024-07-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +17 min

Then on Jan. 5, about six minutes and 16,000 feet into a packed flight out of Portland, Oregon, a door plug blew out of a nearly new Boeing 737 Max 9. The Federal Aviation Administration barred Boeing from increasing output of its Max planes and stepped up hands-on inspections at production plants. The 737 was dubbed "Baby Boeing" and went on to become the company's bestseller, helping to make Boeing the largest U.S. exporter. Pilots in those Boeing planes fought against a flight-control system, the Maneuvering Characteristics Augmentation System, that pushed the nose of the planes downward repeatedly. Boeing has said it aims to increase rates to about 50 Max planes a month in the next few years.

Persons: Joshua Roberts, Max, AeroSystems, Sen, Richard Blumenthal, Conn, Dave Calhoun, Boeing hasn't, Brian West, Aengus Kelly, Bob Jordan, I'm, Antonoaldo Neves, Calhoun, Steve Mollenkopf, Pat Shanahan, Donald Trump, Barack Obama, AerCap's Kelly, Mulugeta Ayene, we've, NASA —, Scott Kirby, McDonnell Douglas, Rob Spingarn, Kirby, Spirit Aerosystems, William Campbell, it's, It's, Howard McKenzie, Kevin Lamarque, Goldman Sachs, Noah Poponak, Alex Krutz Organizations: American Airlines Boeing, Reagan National, FAA, Reuters Boeing, Wall, Boeing, Justice Department, Alaska Airlines, National Transportation Safety Board, NTSB, Via Reuters Industry, Farnborough, Federal Aviation Administration, Airbus, JPMorgan, Etihad Airways, General Electric, Blackstone, Qualcomm, Lion, Ethiopian Airlines, Pilots, Justice, Reuters, NASA, Lion Air, CNBC, Research, Max, Spirit, Corbis, Jefferies, DOJ, Senate Homeland Security, Governmental Affairs, Capitol, Patriot Industrial Partners Locations: Los Angeles, United States, Washington , U.S, Portland , Oregon, Alaska, U.S, Maldives, Wall, United Kingdom, Boeing's, Emirates, Southwest, United, Indonesia, Addis Ababa, Bishoftu, Debre Zeit, Ethiopia, BOZEMAN , MT, Wichita , Kansas, Bozeman, Bozeman , Montana, Seattle, Chicago, Arlington , Virginia, Wichita, South Carolina, Washington

Business Insider checked in with four major firms — Boston Consulting Group, Ernst & Young, McKinsey, and PricewaterhouseCoopers (PwC) — for insights into what they might be looking for in prospective employees. AdvertisementWhat kinds of roles are consulting firms hiring for? Consulting firms often hire for a range of positions. Rod Adams, talent acquisition and onboarding leader at PwC, told BI that the company is hiring consultants, engineers, accountants, and tax professionals, among other roles. Consulting firms often say there isn't one specific background or set of skills they look for.

Persons: —, isn't, Ernst & Young, Ernst &, Alicia Pittman, Pittman, Ernst, Young, Rod Adams, who've, PwC, Adams Organizations: Service, McKinsey & Company, Business, Boston Consulting Group, Ernst, Ernst & Young, McKinsey, PricewaterhouseCoopers, Consulting, BI

Search resuls for: "ACCOUNTING"

25 mentions found