Category: Business News

This week’s business news includes a Bell milestone and USDA updates

The Bell H-1 Fleet surpasses half a million flight hours

FORT WORTH – The current H-1 fleet of AH-1Z Vipers and UH-1Y Venoms reached a major flight milestone by surpassing the 500,000-flight hour mark. Nearly 400 AH-1Z and UH-1Y helicopters, built by Bell Textron Inc., a Textron Inc company and operated by the US Marine Corps and their allies, combined to achieve the milestone.

“The H-1 continues to be the premier example of a family of aircraft that can do more with less and deliver unmatched interoperability and expeditionary agility,” said Mike Deslatte, Bell H-1 vice president and program director.

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What’s opening and what’s closing? Check out Center County business news from June

A new fireworks store opened just in time for July Fourth and plans were announced for a new donut shop and hotel. Here’s a roundup of Center County business news in June.

What’s opening

Wholesale Fireworks is now open at 2000 E. College Ave., the former Sheetz near Lemont.

Wholesale Fireworks is now open at 2000 E. College Ave., the former Sheetz near Lemont.

  • Owners Jon and Meredith Houser announced plans to open Bellefonte Brick Studio, an independent Lego store, on July 1 at 104 N. Allegheny St. The store’s hours are 10 am to 6 pm Tuesday-Saturday.

  • Dunkin’ will open a second downtown State College location this fall. The donut chain plans a store

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New Baby? Time to Update Your Estate Plan

We often have clients ask us when the best time to do their estate plan is and the answer is usually, right now! This is especially true for people turning 18 years old, people who don’t have a plan, and people who have had recent life changes.

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One event that should trigger you to meet with an estate planning attorney is a new baby. When you are expanding your family,

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Businesses Would Get Lots of Tax Savings Under House GOP Plan Kiplinger Tax Letter

The House GOP tax plan indicates what’s to come if Republicans control Congress and the White House after 2024.

Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our highly experienced team (Get a free issue of The Kiplinger Tax Letter or subscribe). You can only get the full array of advice by subscribing to the Tax Letter, but we will regularly feature snippets from it online, and here is

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Taxes in Canada: Should you pay with a credit card

Are you debating whether you should pay your taxes off with a credit card? This year, more than 6.5 million Canadians owe taxes, with an average balance of $6,990, according to the CRA’s 2023 personal income tax return statistics.

Paying your taxes off with a credit card could work to your benefit. However, there are also some considerable drawbacks to take into account. Below, I’ll discuss some of the pros and cons of paying the CRA with your credit card and outline some of the best alternatives.

HOW TO PAY THE CRA

Thankfully, the Canada Revenue Agency makes it incredibly

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Retail sales bolster case for Bank of Canada July rate hike

Canadians are still spending despite high inflation and interest rates

Published June 21, 2023 • Last updated 6 days ago • 2 minute read

Retail sales are on the rise after two months of declines, suggesting Canadians' spending power remains resilient.
Retail sales are on the rise after two months of declines, suggesting Canadians’ spending power remains resilient. Photo by Peter J. Thompson/National Post

Sales at retail stores are on the rise after two months of declines, suggesting Canadians’ spending power remains resilient despite tightening economic conditions.

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The Dangers of the EHR

Electronic Health Records can be an incredibly helpful tool. However, they are not without fault. A recent warning highlights that electronic health records (EHRs) are a top target of cybercriminals. They can also lead to inappropriate billing if they are not set up correctly.

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The Health Sector Cybersecurity Coordination Center (HC3) issued a warning to healthcare entities regarding EHR vulnerabilities and protections.

Protected health information (PHI) continues to hold its …

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American companies are draining their cash at the dumbest possible time

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.


New York
CNN
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Companies are sitting on a lot less cash than they were last year, in part because they’re spending it on share buybacks and corporate dividends.

While shareholders may be chuffed by that news, the slumping economy, surging interest rates and a credit crunch may mean US firms come to regret reducing their cash buffers.

The largest companies

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