Tag: business news magazine

Does Canada really need a digital loonie?

The Bank of Canada is wading into the fraught and controversial world of digital currencies, launching public consultations this week into how Canadians might use a digital dollar.

“We’ve been researching a digital dollar for quite a while now,” said Carolyn Rogers, the senior deputy governor of the central bank. “And we’re at a point where we need help from Canadians, we need to understand what Canadians want.”

And yet the bank maintains there is neither a need nor a plan to launch a digital loonie.

So, why bother with the public consultations at all?

Rogers says more transactions are

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Whitmer meets with government, business leaders on a Europe trip

LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer conducted her second international trade mission of the year this week, spending…

LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer conducted her second international trade mission of the year this week, spending two days in Austria and Latvia meeting with both business and government leaders.

Whitmer, who spoke with The Associated Press upon returning to Michigan on Friday, said international trips are “an important part of the job,” as the state looks to grow relationships and “secure additional economic opportunities for our state.”

In Latvia, the second-term Democratic governor and close ally

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What is a Medical Power of Attorney?

One document that we recommend for almost all of our estate planning clients is a Medical Durable Power of Attorney. This document allows you to select the person who will make medical decisions on your behalf, if you are incapacitated or unable to make them yourself.

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A Medical Durable Power of Attorney is an essential document, as no one can predict their incapacity.

This legal document allows you to list

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Disney posts higher second-quarter earnings and revenue thanks to strong theme parks business

For the three months ended April 1, Disney earned $1.27 billion or 69 cents per share. That compares with $470 million, or 26 cents per share, a year ago.

After adjusting for one-time items, Disney earns 93 cents per share, matching analysts’ expectations according to a poll by FactSet.

Revenue rose 13% to $21.82 billion. This also met Wall Street’s forecast of $21.8 billion.

Sales at its parks, experiences and products segment rose 17% in the quarter. Revenue for the segment that includes Disney’s movie business increased 3%.

In Disney’s fiscal first quarter, sales at its parks, experiences and products

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Can Your Practice Afford a Data Breach?

Probably not.

A recent study found that the total average cost of a healthcare breach is $10.10 million.

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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. Many healthcare entities have
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New Elgin chamber committee to help minority businesses; ECC forensic team wins bronze awards at national event; Batavia campaign to educate shoppers on new bags

The Elgin Community College Forensics Team had a strong showing at the Phi Rho Pi National Tournament in Bethesda, Maryland, where more than 50 schools competed.

Students Aleah Janae of Elgin, Hannah Carpenter of Streamwood and Damian Hacz of Hampshire brought home individual and team awards and coach Tim Anderson received the Collie-Taylor Fellowship Award for outstanding coach of the year, a news release said.

The team received a bronze medal in Individual Event Sweepstakes and Overall Sweepstakes. Carpenter received a bronze medal in Speech to Entertain and Process Interpretation.

Janae received a bronze medal in International Public Debate and

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Remarriage and Estate Planning – Rickard & Associates

If you are getting remarried, it is essential to understand your spouse’s inheritance rights.

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Before you get married for a second or third time, you want to be aware of the rights your spouse will have to your estate and vice versa.

You may want to work with an attorney to draft a prenuptial agreement, prior to exchanging vows.

Then, you want to be familiar with the intestacy laws in

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Another bank collapse? As Pacific Western Bank stocks fall, fears of crisis resurface

When First Republic Bank collapsed earlier this week, some bankers like the head of JPMorgan Chase & Co. said they thought the worst of the banking crisis was coming to a close.

But the markets are showing investors are still wary.

San Francisco-based PacWest Bancorp’s shares plunged more than 39% Wednesday night and were halted for volatility multiple times Thursday after investors learned the regional bank was considering a sale. While the bank says it has not experienced a high number of customer withdrawals, the news still stocks fears of a potential surge in withdrawals among regional banks.

Regional banks

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