Category: Business News

Fukushima plant head: Too early to predict decommissioning – Business News

The head of Japan’s wrecked Fukushima nuclear plant says details of the damage inside its reactors are only beginning to be known 12 years after it was hit by a massive earthquake and tsunami, making it difficult to foresee when or how its decommissioning will be completed.

The most pressing immediate task is to safely start releasing large amounts of treated but still radioactive water from the plant into the sea, Akira Ono said in an interview with The Associated Press.

The March 2011 earthquake and tsunami damaged cooling systems at the Fukushima Daiichi plant, causing

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Nordstrom closed all of its Canadian stores, cutting 2,500 jobs

“We do not see a realistic path to profitability for the Canadian business,” said the CEO

The Canadian Press

Tara Deschamps

Published March 02, 2023 • Last updated 1 week ago • 2 minute read

10 Comments

Shoppers take the escalators at a Nordstrom store in downtown Toronto. Nordstrom Inc. says it is winding down its Canadian operations and closing all of its stores in Canada.
Shoppers take the escalators at a Nordstrom store in downtown Toronto. Nordstrom Inc. says it is winding down its Canadian operations and closing all of its stores in Canada. Photo by Christopher Katsarov /THE CANADIAN PRESS

TORONTO — Nordstrom Inc. is closing all of its Canadian stores and cutting

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What Happens When You Don’t Fund Your Trust?

After you work with your estate planning attorney to draft a carefully tailored estate plan, it is usually your responsibility to “fund” the trust.

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What does funding the trust mean?

Funding the trust is simply transferring assets into your trust.

If you have a trust, you will want to put your assets into the trust, by retitling bank accounts, re-designating beneficiaries of life insurance, etc. We walk our clients through

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Meta working on a decentralized social media app: Moneycontrol

Meta Platforms, the parent company of Facebook and Instagram, is exploring a decentralized text-based Twitter alternative, business news site Moneycontrol reported on Friday.

See related articles: Meta’s metaverse division Reality Labs posts wider loss of $13.7 billion in 2022

Fast facts

  • According to Meta documents reviewed by Moneycontrol, the decentralized social media app, coined P92, will allow users to log in using credentials from their Instagram accounts. The app is reportedly under development.

  • A report by Platformer claimed that Instagram head Adam Mosseri would oversee the project, with Meta’s legal department investigating early privacy concerns.

  • In a separate report, a

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Global race to boost electric vehicle range in cold weather – Business News

Tom Krisher And Mark Thiessen, The Associated Press – | Stories: 414415

Alaska’s rugged and frigid interior, where it can get as cold as -46 C, is not the place you’d expect to find an electric school bus.

But here is Bus No. 50, with a cartoon horse decal on its side, quietly traversing about 40 miles of snowy and icy roads each day in Tok, shuttling students to school not far from the Canadian border.

It works OK on the daily route. But cold temperatures rob electric vehicle batteries

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Stocks rally as Salesforce’s 11% gain lifts Dow while S&P, Nasdaq reverse early losses

Stocks rallied on Thursday with the Dow leading markets higher as a result from Salesforce (CRM) lifted the index, and the S&P 500 and Nasdaq shook off early losses to finish on the green.

At the close on Thursday, the S&P 500 was up 0.76%, the Nasdaq higher by 0.73%, and the blue chip Dow up 1.05%.

Rates remained a key focus for investors, with the yield on the 10-year Treasury note settling north of 4%, its highest level since November.

The rise in yields has come as investors brace for more aggressive action from the Federal Reserve in the

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What is the Cost of a Data Breach?

A recent study found that the total average cost of a healthcare breach is $10.10 million. Can your healthcare practice afford a breach?

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Can your healthcare practice afford a breach? Most healthcare entities cannot.

Since 2020, healthcare breach costs have risen by 42%.

As we know healthcare breaches are incessant, it is important to understand trends.

The trends that have emerged over the past few years are:

  1. Repeat attacks
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11 states tax Social Security benefits. Do you live in one?

Just because you paid a payroll tax during your working years to fund Social Security doesn’t mean you’re done once you retire.

Retirees may know that they will pay federal taxes on their social security benefits if their total income exceeds certain amounts. But few of them may realize that some states will also try to take a cut. Social Security benefits include monthly retirement, survivor and disability benefits.

The good news is fewer than a dozen states tax social security benefits, so chances are good you won’t get hit. While each state has different rules on what or how

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