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Category: Business News

21/06/202311/07/2024

How Do I Update My Compliance Risk Assessment?

Compliance Risk Assessments are critically important in healthcare practices. When used correctly, they can save entities from fines, problems and consequences.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

While almost everyone is familiar with a HIPAA Risk Assessment, many practices have not completed a full Compliance Risk Assessment.

A Compliance Risk Assessment is a process for healthcare entities to determine what risks exist, evaluate potential risks and focus resources to address the most significant risks.

Compliance Risk

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20/06/202311/07/2024

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy

The company that makes kitchen staples like CorningWare, Pyrex and the Instant Pot has entered bankruptcy proceedings in the US and Canada.

Illinois-based Instant Brands said Monday that it has “initiated a voluntary court-supervised Chapter 11 process,” due to an unmanageable debt load.

“Tightening of credit terms and higher interest rates impacted our liquidity levels and made our capital structure unsustainable,” CEO Ben Gadbois said in a news release.

In court filings, the company says it generated operating cash flows of just $17.9 million US in the first three months of the year. That relatively large figure is a sharp

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20/06/202311/07/2024

Father’s Day Provides Sales Boost for Menswear Retailers

Last year was unquestionably the year of the wedding and menswear retailers reaped the benefits with soaring sales of suits and furnishings.

Although the wedding frenzy has weakened a bit, merchants are still experiencing a heightened demand for dressier apparel and accessories, whether it’s for weddings, proms or returning to the office. But in addition to traditional nested suits in black or navy, unstructured sport coats that can be paired with chinos and lightweight knit shirts have risen in popularity.

More from WWD

That trend was evident during the run up to Father’s Day, when most stores posted solid sales

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19/06/202311/07/2024

Is Taylor Swift saving the economy?

The economy is slowing down. Rising interest rates and stubbornly high inflation are squeezing indebted households. And just about every forecast is warning that a recession is looming.

But there is one bright spot — one place where the flashing red lights are shrugged off by an army of consumers perfectly content to spend generously: Taylor Swift’s Eras Tour.

“Taylor Swift is a real representative, along with the Eras Tour, of the huge consumer spending power that still exists out there,” economist Brett House said.

The professor of professional practice in economics at Columbia Business School in New York, who

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18/06/202311/07/2024

Tucker Carlson producer leaves Fox News after rogue on-air chyron text called Biden a ‘wannabe dictator’

A screengrab of Fox News on Tuesday night shows Biden and Trump both giving speeches

A screengrab of Fox News on Tuesday nightFoxNews

  • A former Tucker Carlson producer has resigned after a chyron called President Biden a “wannabe dictator.”

  • The rogue text flashed on a broadcast on Tuesday night before hastily being taken down.

  • Alex McCaskill was a producer for Tucker Carlson before Fox fired the controversial host.

A former Tucker Carlson producer has resigned after a rogue chyron text on Fox News called President Joe Biden a “wannabe dictator” as a result of the indictment of former President Donald Trump, AP reports.

Producer Alex McCaskill confirmed his exit from Fox News in an

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17/06/202311/07/2024

Ex-TikTok executive says Chinese government used app to locate, identify Hong Kong protesters

A former executive at ByteDance, the Chinese company that owns the popular short-video app TikTok, says in a legal filing that some members of the ruling Communist Party used data held by the company to identify and locate protesters in Hong Kong.

Yintao Yu, formerly head of engineering for ByteDance in the United States, says those same people had access to US user data, an allegation that the company denies.

Yu, who worked for the company in 2018, made the allegations in a recent filing for a wrongful dismissal case filed in May in the San Francisco Superior Court. In

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16/06/202311/07/2024

WestJet to wind down Swoop, integrate into main operation – Business News

WestJet to absorb Swoop

The Canadian Press – Jun 9, 2023 / 11:37 am | Stories: 431105

Photo: The Canadian Press

A passenger boards a WestJet Encore Bombardier Q400 twin-engined turboprop aircraft in Kamloops, Saturday, June 3, 2023. WestJet and Swoop pilots ratified their collective agreement after a bargaining process that saw the threat of a strike snarl many Canadians’ long weekend plans. THE CANADIAN PRESS/Jeff McIntosh

WestJet says it will wind down its Swoop brand by late October as it integrates the budget carrier’s operations into its main banner.

The move comes after ratification of a new collective agreement

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16/06/202311/07/2024

Top 5 Reasons Not to Have an Estate Plan

We often hear many reasons why people do not have an estate plan or why they are putting off creating their estate plan.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

Here are the top five reasons why people don’t have an estate plan (and why these reasons shouldn’t prevent you from doing your estate plan today):

  1. I don’t have enough money, property, etc. Estate planning is not just about assets. Estate planning is a way to protect
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