Tag: business today usa

Nigel Farage bank account shut for falling below wealth limit

Nigel Farage

Nigel Farage

Nigel Farage fell below the financial threshold required to hold an account at Coutts, the prestigious private bank for the wealthy, the BBC has been told.

It is understood that he was afterward offered a standard account at NatWest which owns Coutts.

Mr Farage says he believes his account is being shut down for political reasons and he has been turned down by nine other lenders after trying elsewhere.

But people familiar with Coutts’ move said it was a “commercial” decision.

“The criteria for holding a Coutts account are clear from the bank’s website,” they told the BBC.

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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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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.

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 ).

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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Closed Jackson College campus building sold, social district thriving and more Jackson County business news

JACKSON COUNTY, MI – From the Jackson College Foundation selling a building that housed a college campus to a thriving downtown Jackson social district, there is a lot going on in the Jackson area.

Here’s some recent Jackson-area business news you might have missed.

Get a taste of Hawaiian, Island cuisine at Ben’s Island Grindz

Ben Snyder and his girlfriend Holly Lippmann had a dream of starting a food truck offering something Jackson didn’t have.

They remembered their previous travels to places like Hawaii, Mexico and Costa Rica. After eating their way through the islands and countries, they realized island

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What’s spending slowdown? Retail sales suggest Canadians aren’t ready to quit shopping

Up to date retail sales numbers from Statistics Canada on Wednesday show that despite high prices and dire warnings about debt loads, Canadians remain in the mood to shop.

The data agency reported Wednesday that retailers took in $65.9 billion in April. That’s an increase of 1.1 per cent from March’s level.

Just about every type of store booked higher sales during the month, with the exception of furniture, electronics and appliances retailers, where sales shrank by 1.6 per cent from March’s level.

So-called core retail sales, which strip out volatile items like gas, cars and car parts, actually increased

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ZoomerMedia announces acquisition of The Peak Canada’s

TORONTO, June 08, 2023 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV: ZUM) (“ZoomerMedia”) announces that it has completed the acquisition of all the outstanding shares of The Peak Media Collective Inc. (PMCs). Founded in 2020, The Peaks serves busy Canadian professionals and business leaders with the top global business, finance, and tech stories of the day packaged in a smart, fast, and easily digestible format. The aggregate purchase price of $5 million is comprised of $3.5 million cash on closing and a $1.5 million promissory note.

The Peaks‘s flagship daily newsletter covers the biggest Canadian and global business stories and

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