Bloglikes - Business https://www.bloglikes.com/c/business en-US Fri, 05 Jun 2020 03:59:15 +0000 Sat, 06 Apr 2013 00:00:00 +0000 FeedWriter Japan's household spending falls at record pace as virus stalls economy http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/iqrH18m9-RI/japans-household-spending-falls-at-record-pace-as-virus-stalls-economy-idINKBN23C0AH Thu, 04 Jun 2020 22:59:29 +0000 BlogLikes - Find Most Popular Blogs Japan Money businessNews Rio Tinto blames 'misunderstanding' for destruction of 46,000-year-old Aboriginal site https://www.theguardian.com/business/2020/jun/05/rio-tinto-blames-misunderstanding-for-destruction-of-46000-year-old-aboriginal-site Iron ore chief says company has ‘taken accountability’ for destroying site in blast to expand Brockman 4 mine

The head of Rio Tinto’s iron ore division said he has “taken accountability” for the destruction of a 46,000-year-old Aboriginal heritage site but refused to give a direct answer when asked if the company knew traditional owners did not want the rock shelter destroyed, saying: “clearly, there was a misunderstanding”.

In an interview on Radio National on Friday, the chief executive of Rio Tinto iron ore, Chris Salisbury, said it it had “taken accountability” for the destruction of the site, which was one of two destroyed in a blast to expand the Brockman 4 iron ore mine last month. 

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Thu, 04 Jun 2020 22:55:26 +0000 BlogLikes - Find Most Popular Blogs Business Australia news Mining Rio Tinto Indigenous Australians Western Australia Brockman Chris Salisbury
Singapore bank deposits jump as Hong Kong, virus sow uncertainty http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/kh1lZZarVXE/singapore-bank-deposits-jump-as-hong-kong-virus-sow-uncertainty-idINKBN23C09U Thu, 04 Jun 2020 22:53:10 +0000 BlogLikes - Find Most Popular Blogs Hong Kong Money Singapore businessNews Pardon the Intrusion #19: Paying for Privacy http://feedproxy.google.com/~r/TheNextWeb/~3/GwAQ0S78WLQ/
Subscribe to this bi-weekly newsletter here! Welcome to the latest edition of Pardon The Intrusion, TNW’s bi-weekly newsletter in which we explore the wild world of security. COVID-19 accelerated the use of Zoom for video calling. But so did the security problems and revelations that it didn’t actually support end-to-end encryption (E2EE), misleading users about the security of the platform. In the aftermath, it promised to invest in E2EE on its platform, and acquired encrypted chat service Keybase in an attempt to secure its communications. All seemed well until yesterday: Zoom confirmed that it plans to offer stronger encryption features…

This story continues at The Next Web ]]>
Thu, 04 Jun 2020 22:51:53 +0000 BlogLikes - Find Most Popular Blogs Security Startups Privacy Newsletter Keybase COVID
Hitachi, Toshiba, Miraca to set up line for antigen test kits http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/qp9_f1oeqsw/hitachi-toshiba-miraca-to-set-up-line-for-antigen-test-kits-idINKBN23C09X Thu, 04 Jun 2020 22:50:06 +0000 BlogLikes - Find Most Popular Blogs Money businessNews Toshiba Corp Hitachi Ltd Miraca Holdings Hitachi Toshiba Miraca Fujirebio Goldman Sachs executive's email making plea for racial equality goes viral at firm http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/x-2AY1mCvEg/goldman-sachs-executives-email-making-plea-for-racial-equality-goes-viral-at-firm-idINKBN23C08U Thu, 04 Jun 2020 22:33:01 +0000 BlogLikes - Find Most Popular Blogs Money Wall Street businessNews Goldman Sachs Goldman Sachs Group Inc 'How it's going ...' Goldman executive's email on racial inequality in America http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/dKNWSmBYT3Y/how-its-going-goldman-executives-email-on-racial-inequality-in-america-idINKBN23C08W Thu, 04 Jun 2020 22:32:36 +0000 BlogLikes - Find Most Popular Blogs Money America businessNews Goldman Sachs Goldman Frederick Baba New Acland coalmine: farmers win reprieve in battle to stop expansion https://www.theguardian.com/australia-news/2020/jun/05/new-acland-coalmine-farmers-win-reprieve-in-battle-to-stop-expansion High court now will determine whether a fresh hearing on stage-three expansion should be ordered

Queensland farmers have been given a reprieve by the nation’s highest court in their decade-long battle to stop a coalmine expansion.

But the company behind the controversial stage-three expansion of the New Acland coalmine says there is nothing stopping the state government from giving approvals for the project to go ahead.

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Thu, 04 Jun 2020 22:20:49 +0000 BlogLikes - Find Most Popular Blogs Business Environment Australia news Coal Fossil Fuels Queensland New Acland
New Normal: Conversation with Jack Barrett of First Citrus Bank https://dealarchitect.typepad.com/deal_architect/2020/06/new-normal-conversation-with-jack-barrett-of-first-citrus-bank.html [Author: vinnie]

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Thu, 04 Jun 2020 22:17:49 +0000 BlogLikes - Find Most Popular Blogs Trends Vinnie First Citrus Bank Jack Barrett Global and Vertical extensions New Normal COVID-19
More online tax settlement days set for LA, DC & Atlanta http://feedproxy.google.com/~r/DontMessWithTaxes/~3/m0eDsq9IEP4/more-online-virtual-tax-settlement-days-scheduled-in-la-dc-atlanta.html Video-Conferencing Video conferencing is becoming more acceptable, even in IRS communications with some taxpayers.

It's possible that a few good things might come from COVID-19. We might be able to adapt our infection precautions to post-pandemic processes that are more worker friendly and business efficient.

Yes, I am talking about expanded use of technology. And yes, I mean beyond subscribing to every streaming service to fill your days while you were (or are) in isolation mode.

The latest example comes from the Internal Revenue Service. Uncle Sam's tax collector has for years been urging us taxpayers to file our returns electronically and interact in other areas via its website.

Now, with the coronavirus shutting down not only the private sector, but the IRS and other government offices, digital dealings are gaining ground. It's even affected tax dispute resolution.

An IRS effort last month to let folks with tax troubles negotiate settlements online was so successful, the agency is holding more such events this month, starting tomorrow, June 5 in Southern California.

Cutting a tax dispute deal: These virtual tax resolution efforts are the electronic version of Settlement Days.

The IRS has long held Settlement Days, events where taxpayers who don't have legal counsel can get free tax advice from Low Income Taxpayer Clinics (LITCs) and possible pro bono legal representation from American Bar Association (ABA) volunteer attorneys and other similar participating bro bono organizations.

During these events, taxpayers and those helping them can discuss their cases and federal tax issues with members of the IRS Office of Chief Counsel, Appeals and Collections. The goal is to help unrepresented taxpayers get advice and potentially resolve their cases without the need for more litigation or heading to a full-blown Tax Court trial.

The IRS says that most taxpayers who've participated in Settlement Days satisfactorily worked out their cases. Where they ended up owing taxes, many were able to enter into an installment agreement so they could more easily pay that debt over time.

Successful screen-to-screen settlements: In early May, the IRS moved these Settlement Days online.

The shift to virtual resolutions was made because of COVID-19 stay-home orders; individuals' personal circumstances that limit their public outings, especially in this time of serious health threats; and the IRS' own closure of many facilities.

Instead of requiring LITC staffers, pro bono attorneys and taxpayers to travel to designated meeting locations, the Virtual Settlement Days events take advantage of WebEx audio-visual conferencing software. Taxpayers and their counsel then can join events from any location, including their homes.

More virtual tax dealings scheduled: Last month's digital tax deal-making in Atlanta, Detroit and Los Angeles, was so successful — more than 50 taxpayers in Atlanta and Detroit alone had their tax matters amicably resolved, thanks to help from Michigan Law School and North Georgia LITCs — that the IRS has scheduled more Virtual Settlement Days.

Taxpayer-Clinic_Georgia State School of Law Law schools and their students, like these at Georgia State University College of Law, are major contributors to the success of Low-Income Taxpayer Clinics nationwide. (Photo courtesy Philip C. Cook LITC).

The IRS' Office of Chief Counsel in Los Angeles is following up its late-May event with seven more. Representatives from six different Southern California LITCs will be part of these latest virtual resolution efforts.

The upcoming L.A. Virtual Settlement Days are set for June 5 (yes, that's tomorrow), 9, 19 and 23. Three more are set for July 7, 17 and 21.

The Atlanta IRS office has additional virtual settlement events scheduled for June 16 and 17.

The online option also has made it to the home of the IRS. In Washington, D.C., the Office of Chief Counsel there will hold its first Virtual Settlement Day on June 20.

More than 60 unrepresented D.C.-area taxpayers have been invited to participate. Representatives from Catholic University Law Columbus Community Legal Services Low-Income Tax Clinic, American University Law Janet R. Spragens Federal Tax Clinic and Morgan Lewis Center for Public Interest Tax Law and Legal Services of Northern Virginia will be providing assistance to participating taxpayers.

The IRS expects these upcoming digital events to be successful, too, and already is looking to organize more Virtual Settlement Days this summer.

If you have an active Tax Court case, the IRS encourages you to contact the assigned Chief Counsel attorney or paralegal about participating in a Virtual Settlement Days event. If your tax case is currently under consideration by the IRS Independent Office of Appeals, contact the assigned Appeals Officer to discuss case resolution.

Online, but not the only option: IRS Commissioner Chuck Rettig applauded the Virtual Settlement Days, but also noted that his agency will resume and continue face-to-face taxpayer resolution efforts when COVID-19 circumstances allow.

The reason for the return to what some might decry as old-fashioned ways is the reality of accessibility.

Rettig acknowledged that there is a digital divide in this country, meaning that many taxpayers don't have the technological infrastructure that would allow them to interact as needed with the IRS.

Coincidentally (or maybe a piece of COVID-19 karma), in his June 3 Clyburn Chronicles podcast Rep. James E. Clyburn (D-South Carolina) discusses with fellow Rep. Ro Khanna (D-California) how the pandemic has highlighted the need to expand affordable high-speed internet to all parts of the United States.

"Virtual options represent an addition to traditional methods of communication and resolution, not a replacement," said Rettig.

"The IRS strives to assist every taxpayer, including many who do not have the ability to interact in a virtual environment," added the commissioner. "The IRS is open to innovative approaches like the virtual settlement days to help people. We welcome comments from taxpayers and others regarding additional methods by which the IRS can ease the burdens on people of our country facing tax issues."

You also might find these items of interest:

 

Coronavirus Caveat & More Information

In 2020, we're all dealing with extraordinary circumstances,

both in our daily lives and when it comes to our taxes.

The COVID-19 pandemic and efforts to reduce its transmission

and protect ourselves and our families means that,

for the most part, we're focusing on just getting through these trying days.


But life as we knew it before the coronavirus will return,

along with our mundane tax matters.

Here's hoping that happens soon!

In the meantime, you can find more on the virus and its effects on our taxes

by clicking Coronavirus (COVID-19) and Taxes .

 

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[Author: skbell1]

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Thu, 04 Jun 2020 22:16:42 +0000 BlogLikes - Find Most Popular Blogs Taxes California Los Angeles Atlanta United States Michigan Detroit Sam South Carolina Irs North Georgia Northern Virginia Tax Court LA DC The IRS WebEx Rettig Atlanta Detroit Ro Khanna James E Clyburn LITC American Bar Association ABA Georgia State University College of Law Digital IRS Chuck Rettig COVID the IRS Office of Chief Counsel Appeals Philip C Cook LITC The IRS Office of Chief Counsel Atlanta IRS IRS In Washington D C the Office of Chief Counsel IRS Independent Office of Appeals
Air New Zealand warns more jobs may go as it launches 800-day recovery plan https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12337317&ref=rss [Author: newsfeeds@nzherald.co.nz]

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Thu, 04 Jun 2020 21:32:56 +0000 BlogLikes - Find Most Popular Blogs Business New Zealand Greg Foran
LinkedIn CEO apologizes after an internal meeting about racial inequality and bias was overrun by 'appalling' comments from anonymous employees http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/6cCaxWxvq0A/linkedin-ceo-apologizes-for-allowing-appalling-employee-comments-2020-6 Ryan Roslansky

  • LinkedIn CEO Ryan Roslansky apologized on Thursday after employees anonymously made "appalling" comments criticising the company's efforts to diversify its workforce during a global town hall meeting to discuss racial inequity and biases earlier this week. 
  • Roslansky, who only started as CEO of the Microsoft-owned social network on Monday, apologized for allowing the comments."We are not and will not be a company or platform where racism or hateful speech is allowed," he said.
  • Other LinkedIn staffers were outraged, according to the Daily Beast, and called the comments "disturbing and racist."
  • The company will no longer allow anonymous comments at such meetings. LinkedIn declined to comment beyond Roslansky's public email to employees.
  • LinkedIn released a report last year showing just 3.5 percent of its workforce was Black.
  • Do you work at Microsoft? Contact this reporter via encrypted messaging app Signal (+1-425-344-8242) or email (astewart@businessinsider.com).
  • Visit Business Insider's homepage for more stories.

LinkedIn's new CEO apologized to employees after the company allowed a meeting to address protests across the United States over police brutality and systemic racism prompted by the death of George Floyd to be taken over by "appalling," anonymous employee comments.

"We are not and will not be a company or platform where racism or hateful speech is allowed," he said.

Ryan Roslansky replaced Jeff Weiner as LinkedIn's CEO on Monday. On Wednesday, LinkedIn held a town hall meeting to discuss racial inequality and biases. During the meeting, first reported by the Daily Beast, staffers criticised the protests and LinkedIn's efforts to diversity its workforce by posting anonymous messages into the event's chat window.

"As a non-minority, all this talk makes me feel like I am supposed to feel guilty of my skin color. I feel like I should let someone less qualified fill my position," one anonymous staffer commented, per the Daily Beast. "I believe giving any racial group privilege over others in a zero sum game would not get any support by others. Any thoughts on hurting others while giving privileges with the rosy name called diversity?" another reportedly said.

Other LinkedIn staffers were outraged, according to the Daily Beast, and called the comments "disturbing and racist."

Roslansky said in his LinkedIn post that the comments evaded notice during the event because "those of us in presenter mode weren't able to track the comments in real time." The company will not allow anonymous comments at such events in the future, he said.

LinkedIn released a report last year showing just 3.5 percent of its workforce was Black, compared to 47.5 percent white, 40.3 percent Asian, and 5.9 percent Latino. Just 1 percent of the company's leadership was Black at the time. Rosanna Durruthy, LinkedIn's vice president of global diversity, inclusion, and belonging, at the time said hiring a diverse workforce was the company's No. 1 "talent priority."

"Many of you shared the hardest part was realizing that this company we love and hold to such a high standard still has a lot of work to do to educate ourselves and our colleagues on how to create a culture that is truly anti-racist," Roslansky said. "We will do that work."

LinkedIn declined to comment beyond the contents of Roslansky's post.

Are you a Microsoft employee? Contact this reporter via email at astewart@businessinsider.com, message her on Twitter @ashannstew, or send her a secure message through Signal at 425-344-8242.

Join the conversation about this story »

NOW WATCH: A cleaning expert reveals her 3-step method for cleaning your entire home quickly

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Thu, 04 Jun 2020 21:31:05 +0000 BlogLikes - Find Most Popular Blogs Microsoft Trends Linkedin United States Jeff Weiner Signal Daily Beast Ryan Roslansky Roslansky George Floyd Rosanna Durruthy LinkedIn
LinkedIn CEO apologizes after an internal meeting about racial inequality and bias was hit with 'appalling' comments from anonymous employees http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/6cCaxWxvq0A/linkedin-ceo-apologizes-for-allowing-appalling-employee-comments-2020-6 Ryan Roslansky

  • LinkedIn CEO Ryan Roslansky apologized on Thursday after employees anonymously made "appalling" comments criticising the company's efforts to diversify its workforce during a global town hall meeting to discuss racial inequity and biases earlier this week. 
  • Roslansky, who only started as CEO of the Microsoft-owned social network on Monday, apologized for allowing the comments."We are not and will not be a company or platform where racism or hateful speech is allowed," he said.
  • Other LinkedIn staffers were outraged, according to the Daily Beast, and called the comments "disturbing and racist."
  • The company will no longer allow anonymous comments at such meetings. LinkedIn declined to comment beyond Roslansky's public email to employees.
  • LinkedIn released a report last year showing just 3.5 percent of its workforce was Black.
  • Do you work at Microsoft? Contact this reporter via encrypted messaging app Signal (+1-425-344-8242) or email (astewart@businessinsider.com).
  • Visit Business Insider's homepage for more stories.

LinkedIn's new CEO apologized to employees after the company allowed a meeting to address protests across the United States over police brutality and systemic racism prompted by the death of George Floyd to be taken over by "appalling," anonymous employee comments.

"We are not and will not be a company or platform where racism or hateful speech is allowed," he said.

Ryan Roslansky replaced Jeff Weiner as LinkedIn's CEO on Monday. On Wednesday, LinkedIn held a town hall meeting to discuss racial inequality and biases. During the meeting, first reported by the Daily Beast, staffers criticised the protests and LinkedIn's efforts to diversity its workforce by posting anonymous messages into the event's chat window.

"As a non-minority, all this talk makes me feel like I am supposed to feel guilty of my skin color. I feel like I should let someone less qualified fill my position," one anonymous staffer commented, per the Daily Beast. "I believe giving any racial group privilege over others in a zero sum game would not get any support by others. Any thoughts on hurting others while giving privileges with the rosy name called diversity?" another reportedly said.

Other LinkedIn staffers were outraged, according to the Daily Beast, and called the comments "disturbing and racist."

Roslansky said in his LinkedIn post that the comments evaded notice during the event because "those of us in presenter mode weren't able to track the comments in real time." The company will not allow anonymous comments at such events in the future, he said.

LinkedIn released a report last year showing just 3.5 percent of its workforce was Black, compared to 47.5 percent white, 40.3 percent Asian, and 5.9 percent Latino. Just 1 percent of the company's leadership was Black at the time. Rosanna Durruthy, LinkedIn's vice president of global diversity, inclusion, and belonging, at the time said hiring a diverse workforce was the company's No. 1 "talent priority."

"Many of you shared the hardest part was realizing that this company we love and hold to such a high standard still has a lot of work to do to educate ourselves and our colleagues on how to create a culture that is truly anti-racist," Roslansky said. "We will do that work."

LinkedIn declined to comment beyond the contents of Roslansky's post.

Are you a Microsoft employee? Contact this reporter via email at astewart@businessinsider.com, message her on Twitter @ashannstew, or send her a secure message through Signal at 425-344-8242.

Join the conversation about this story »

NOW WATCH: What makes 'Parasite' so shocking is the twist that happens in a 10-minute sequence

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Thu, 04 Jun 2020 21:31:05 +0000 BlogLikes - Find Most Popular Blogs Microsoft Trends Linkedin United States Jeff Weiner Signal Daily Beast Ryan Roslansky Roslansky George Floyd Rosanna Durruthy LinkedIn
Oil dips on uncertainty over producers' commitment to output cuts http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/U2TWMVz9r5w/oil-dips-on-uncertainty-over-producers-commitment-to-output-cuts-idINKBN23C046 Thu, 04 Jun 2020 21:06:03 +0000 BlogLikes - Find Most Popular Blogs Money businessNews Bernie Madoff fails in bid for compassionate release from prison https://www.theguardian.com/business/2020/jun/05/bernie-madoff-fails-in-bid-for-compassionate-release-from-prison The 82-year-old convicted fraudster has less than 18 months to live, but judge says he should die in jail

A federal judge on Thursday rejected Bernie Madoff’s request to be released early from prison because he was dying of kidney failure, saying the swindler has never fully accepted responsibility for his massive, decades-long Ponzi scheme.

Circuit Judge Denny Chin, who called Madoff’s crimes “extraordinarily evil” when imposing a 150-year sentence in June 2009, wrote that while Madoff’s failing health was “most unfortunate”, compassionate release was unwarranted.

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Thu, 04 Jun 2020 21:01:59 +0000 BlogLikes - Find Most Popular Blogs Business World news US news US crime Bernard Madoff Madoff Bernie Madoff Denny Chin
Opinión | El negocio de los combustibles está en terminales de almacenamiento y reparto https://es-us.deportes.yahoo.com/noticias/opini%C3%B3n-negocio-combustibles-terminales-almacenamiento-005848868.html?src=rss

El 1 de junio, cuando regresamos a la nueva normalidad, comenzamos a mover la economía. En ese sentido, una parte fundamental que requiere atención inmediata es el almacenamiento de combustibles. Porque en Estados Unidos y en el resto del mundo este asunto ha estresado las economías ante la contracción de la demanda. Nuestro vecino del […]

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Thu, 04 Jun 2020 20:58:48 +0000 BlogLikes - Find Most Popular Blogs Business News Estados Unidos
Banco Mundial: reducir burocracia y mejorar servicios será esencial en Perú https://es-us.deportes.yahoo.com/noticias/banco-mundial-reducir-burocracia-mejorar-005732820.html?src=rss

Lima, 4 jun (EFE).- Reducir la burocracia y mejorar los servicios públicos serán factores esenciales para reconstruir el sector privado y contribuir a la recuperación de Perú tras la epidemia del COVID-19, afirmó la directora a cargo de las operaciones del Banco Mundial (BM) en el país andino, Marianne Fay.

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Thu, 04 Jun 2020 20:57:32 +0000 BlogLikes - Find Most Popular Blogs Business News Lima Banco Mundial EFE Reducir Banco Mundial BM
OPEC+ to meet on Saturday to discuss extending oil output cuts- Ennahar TV http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/qU_KIgclWcQ/opec-to-meet-on-saturday-to-discuss-extending-oil-output-cuts-ennahar-tv-idINKBN23C03D Thu, 04 Jun 2020 20:56:38 +0000 BlogLikes - Find Most Popular Blogs Money Russia Opec businessNews Algeria Petroleum Exporting Countries OPEC Ennahar TV Exclusive: Pompeo calls Nasdaq's strict rules a model to guard against fraudulent Chinese companies http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/YWOfF34_UBw/exclusive-pompeo-calls-nasdaqs-strict-rules-a-model-to-guard-against-fraudulent-chinese-companies-idINKBN23B2U8 Thu, 04 Jun 2020 20:55:17 +0000 BlogLikes - Find Most Popular Blogs Money China businessNews Nasdaq State Pompeo Mike Pompeo El Consejo de OHL propone a los hermanos mexicanos Amodio como consejeros https://es-us.deportes.yahoo.com/noticias/consejo-ohl-propone-hermanos-mexicanos-003628426.html?src=rss

Madrid, 4 jun (EFE).- El Consejo de Administración de OHL ha aceptado el nombramiento de Luis Fernando Martín Amodio Herrera como miembro del Consejo de Administración con el carácter de consejero dominical a propuesta de Forjar Capital, S.L. y de Julio Mauricio Martín Amodio Herrera como miembro del Consejo de Administración con el carácter de consejero dominical a propuesta de Solid Rock Capital, S.L.

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Thu, 04 Jun 2020 20:36:28 +0000 BlogLikes - Find Most Popular Blogs Business News Madrid OHL EFE El Consejo de Administración de OHL Luis Fernando Martín Amodio Herrera Consejo de Administración Julio Mauricio Martín Amodio Herrera
Valorant weapons guide: Stats, recoil patterns, and more http://feedproxy.google.com/~r/digitaltrends/~3/gDfzxKGvdiQ/ ]]> Thu, 04 Jun 2020 20:32:06 +0000 BlogLikes - Find Most Popular Blogs Gaming Video Games Trends How-to Riot Games Valorant Facebook moves to limit spread of 'Boogaloo' groups after charges http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/x-duf6fkLgs/facebook-moves-to-limit-spread-of-boogaloo-groups-after-charges-idINKBN23C021 Thu, 04 Jun 2020 20:31:29 +0000 BlogLikes - Find Most Popular Blogs Facebook Money businessNews Facebook Inc Boogaloo U.S. court blocks sales of Bayer weed killer in United States http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/tmI33w2XIZY/u-s-court-blocks-sales-of-bayer-weed-killer-in-united-states-idINKBN23B1EW Thu, 04 Jun 2020 20:26:18 +0000 BlogLikes - Find Most Popular Blogs Money businessNews United States Bayer Bayer AG New York Times journalists have condemned the publishing of a US senator's controversial Op-Ed. Here's a quick and easy explainer of what happened, and all the drama that came after. (NYT) http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/na1jkpnyACM/what-you-need-to-know-about-new-york-times-drama-2020-6 New York Times building

  • This week, The New York Times published an opinion piece by Republican Senator Tom Cotton titled Send In The Troops. The op-ed called for the US Army to be deployed across cities to stop protesting.
  • The article was met with widespread criticism and accused of putting the lives of black people at risk.
  • Many of the paper's employees also denounced the article, tweeting out the same statement: "Running this puts Black @nytimes staff in danger"
  • NewsGuild of New York, the New York Times' union, also put out a statement condemning the article. "His message undermines the journalistic work of our members, puts our Black staff members in danger, promotes hate, and is likely to encourage further violence," it read, referring to Cotton.
  • James Bennet, editor of the New York Times opinion pages, put out a series of tweets explaining why the article got published. "Times Opinion owes it to our readers to show them counter-arguments, particularly those made by people in a position to set policy," he wrote.
  • On Thursday, conversations took place within the company regarding the the article, including discussions about the distinction between news and opinion in the newsroom.
  • Bari Weiss, a staff editor and writer on the Times' opinion desk, began tweeting about those conversations and giving her opinion on the dynamic inside the Times newsroom. Weiss described a "civil war" between the old and new guard.
  • Other Times journalists disputed her claims. One editor said her characterizations were "inaccurate."
  • Later, the Times issued a mea culpa regarding the op-ed.
  • "We've examined the piece and the process leading up to its publication. This review made clear that a rushed editorial process led to the publication of an Op-Ed that did not meet our standards. As a result, we're planning to examine both short term and long term changes, to include expanding or fact checking operation and reducing the number of Op-Eds we publish."
  • In its latest article on the topic, the Times said the editing process on the op-ed had been "rushed" and that the piece was under review.
  • "Near the end of the day, James Bennet, the editor in charge of the opinion section, said in a meeting with staff members that he had not read the essay before it was published. Shortly afterward, The Times issues a statement saying the essay fell short of the newspaper's standards," wrote the Times.
  • Much has been written about the article's implications and accuracy, including a piece in Columbia Journalism Review headlined 'New York Times public editor: Sen. Cotton's op-ed was dishonest, not only reprehensible.
  • Visit Business Insider's homepage for more stories.

SEE ALSO: Donald Trump's campaign accused Snapchat of acting 'illegally' after the app said it would stop promoting the president's account

Join the conversation about this story »

NOW WATCH: Here's what it's like to travel during the coronavirus outbreak

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Thu, 04 Jun 2020 20:19:28 +0000 BlogLikes - Find Most Popular Blogs New York US Trends New York Times The New York Times Times Donald Trump US Army Tom Cotton Weiss Columbia Journalism Review James Bennet Bari Weiss Times Opinion Cotton James Bennet Other Times Times Much
Apple will reportedly provide optional COVID-19 tests for employees as they return to work (AAPL) http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/CI5LrdAm8-8/apple-provide-optional-covid-19-tests-employees-returning-work-report-2020-6 apple campus park night aerial drone SUNNYVALE, CA: OCTOBER 22: Apple Park's spaceship campus is seen from this drone view in Sunnyvale, Calif., on Monday, Oct. 22, 2019. (Jane Tyska/Bay Area News Group) (Photo by Jane Tyska/MediaNews Group/The Mercury News via Getty Images)

  • Apple will offer optional COVID-19 tests for employees as they return to the office, Bloomberg reported Thursday.
  • The company will also require temperature checks and masks, limit the number of people in crowded spaces, and keep many of its break-room kitchens closed, according to Bloomberg.
  • Apple, with its hardware focus and secretive culture around new products, has been more eager than other major tech firms to reopen its offices and began allowing some employees back in May.
  • Other companies, including Amazon, are also looking to test employees as they adapt to a new work environment amid the ongoing pandemic.
  • Visit Business Insider's homepage for more stories.

As Apple employees gradually begin returning to the office, they'll have the option to receive COVID-19 nasal swab tests when they show up for work, Bloomberg reported on Thursday.

The company will also require that employees have their temperature checked upon arrival, wear masks, and limit their numbers in confined places like elevators, according to Bloomberg. Apple will also make modifications to its headquarters in Cupertino, California, like keeping break-room kitchens closed and reconfiguring open-office floor plans.

Apple, which was one of the first major tech companies to halt employee travel and close retail stores as the coronavirus began to spread outside of China earlier this year, has also been one of the first to start bringing employees back into the office.

In mid-May, Bloomberg reported that Apple began a phased return-to-work approach, initially allowing some hardware and software engineers to resume working out of its headquarters several days per week.

Apple, with a focus on building hardware and a secretive culture that has reportedly made it difficult for employees to work remotely, has taken a starkly different approach than rivals like Google and Facebook, which are allowing their employees to work remote until the end of 2020 (or even indefinitely if they choose, in Facebook's case).

Other companies that are charting more aggressive timelines, including Amazon, have also started building up capacity to test employees. CEO Jeff Bezos told shareholders in April that the company is aiming to test all employees, and Business Insider reported in May that the company has begun a pilot program for warehouse workers.

Apple did not immediately respond to a request for comment on this story. 

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Thu, 04 Jun 2020 20:14:43 +0000 BlogLikes - Find Most Popular Blogs Apple Google Amazon Facebook China Trends Bloomberg Jeff Bezos Cupertino California Bloomberg Apple COVID
Asia's stock rally set to pause for breath ahead of U.S. jobs data http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/jUC7YtDwUrE/asias-stock-rally-set-to-pause-for-breath-ahead-of-u-s-jobs-data-idINKBN23C00L Thu, 04 Jun 2020 20:12:17 +0000 BlogLikes - Find Most Popular Blogs Asia Money businessNews Airbnb might not get much of a bounce from the rebound in short-term rentals http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/vgyNJ1lDx1Q/the-uptick-short-term-rentals-likely-benefit-vrbo-not-airbnb-2020-6 In this Monday, March 13, 2017, photo, Airbnb co-founder and CEO Brian Chesky is interviewed during a luncheon meeting of the Economic Club of New York.

  • Airbnb may not get a big benefit from the recent rebound in short-term rental bookings.
  • Much of the pick-up in activity is coming from vacation spots such as beaches and parks within driving distance of major cities.
  • Airbnb rival VRBO tends to dominate the market for accommodations in those areas, Scott Shatford, the CEO of industry research firm AirDNA, told Business Insider.
  • Longer term, Airbnb could still do well, though, in part because it enacted a much more guest-friendly stance during the coronavirus crisis than VRBO, Shatford said.
  • Click here for more BI Prime stories.

After being crushed by the coronavirus crisis, the short-term rental market is bouncing back. But that's not necessarily good news for market leader Airbnb.

Much of the pick-up in activity is coming from vacation destinations within driving distances of major cities, Scott Shatford, CEO of AirDNA, an industry research firm, told Business Insider. Those kinds of areas have long been a stronghold of VRBO, Airbnb's chief rival, he said. By contrast, Airbnb's stronghold is in cities, which are not seeing nearly as much of an uptick in reservations, he said.

"It's just in the nature of who's booking travel," said Shatford. "I think VRBO, through this summer," he continued, "will perform better than Airbnb."

With states and countries lifting their coronavirus-related restrictions, people around the world are beginning to travel more and plan for future vacations.

AirDNA reported last week that consumers worldwide made 2.1 million short-term rental bookings the week of May 18, which was up 127% from the nadir when the coronavirus crisis was raging at its worst. Some countries, including the United States, have even started to see booking reach levels that exceed what they were prior to the onset of the pandemic.

But the rebound is uneven. Bookings are skyrocketing in places such as Big Bear Lake, outside of Los Angeles; South Padre Island, Texas; and North Carolina's Carolina Beach. In each of those destinations, reservations were up more than 1,000% from the low point in April.

Big cities are seeing only a limited rebound

By contrast, big cities are seeing much more modest increases in bookings. New York was up only 40% from the April bottom. And San Francisco was up by less than 50%. And that was before widespread protests erupted im cities across the country, often resulting in government-imposed curfews.

The week of April 5, New York City saw 2,812 short-term rental bookings, according to AirDNA. That was more than three times the numbers seen in Gulf Shores, Alabama, that week, and more than five times that in Myrtle Beach, South Carolina. But the week of May 18, both of those picturesque places saw at least 800 more bookings than the Big Apple did.

People who are going to those vacation destinations are typically older and looking for bigger places to rent, such as four-bedroom houses, Shatford said. Those kinds of spaces are right in VRBO's wheelhouse, but not in Airbnb's, he said.

"VRBO's always been this traditional leisure market," Shatford said. He continued: "That's where they started and that's where they still have ... dominance, in terms of that supply. And obviously, that supply has done better. That's what people are choosing."

Airbnb has already taken a big hit to its business. Company CEO Brian Chesky said last month he expects revenue to be down more than 50% from last year due to the pandemic. In response to its troubles, the company cut 25% of its workforce, laid off most of its contractors, and has slashed other expenses. It has also raised $2 billion in debt since the crisis began.

Airbnb's prospects are likely brighter in the longer term, Shatford said.

Airbnb will likely benefit from being guest-friendly

During and in the wake of the coronavirus crisis, people have been leaving big cities for health or safety reasons. There are indications that housing demand is falling in places like New York and San Francisco.

While people may again resume traveling to such cities, they're likely to want to stay on the fringes of those places, outside of their dense urban cores, Shatford said. It's in such places where hotels can be hard to come by that short-term rental accommodations of flourished, he said.

Meanwhile, the differing ways Airbnb and VRBO handled cancellations during the coronavirus crisis is likely to benefit the former, Shatford said. Both companies allow the property managers who use their services to set their own cancellation terms. But during the pandemic, Airbnb has allowed many travelers to cancel their bookings and get a full refund, regardless of what the host's policies would have provided. VRBO, by contrast, has stuck by its hosts, many of whom have refused to offer full refunds.

Some hosts have threatened to abandon Airbnb because it overrode their cancellation policies. But that same move likely earned the company the loyalty of travelers, Shatford said.

"I'm still am of this belief ... that guest loyalty will win this in the long run," he said.

Got a tip about Airbnb? Contact Troy Wolverton via email at twolverton@businessinsider.com, message him on Twitter @troywolv, or send him a secure message through Signal at 415.515.5594. You can also contact Business Insider securely via SecureDrop.

SEE ALSO: Airbnb says it's going to focus on longer-term stays, but analysts worry its short-term rental roots will make it hard to grab a piece of the $18 billion market

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Thu, 04 Jun 2020 20:12:00 +0000 BlogLikes - Find Most Popular Blogs New York New York City Los Angeles San Francisco Trends United States Airbnb North Carolina Brian Chesky Vrbo Big Apple Carolina Beach Big Bear Lake Troy Wolverton Myrtle Beach South Carolina San Francisco While South Padre Island Texas Gulf Shores Alabama Business Insider Those Scott Shatford Shatford AirDNA told Business Insider Longer VRBO Shatford Airbnb Much VRBO Airbnb
Global airlines add flights; U.S. carriers target the great outdoors http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/8yzNM2q7ewA/global-airlines-add-flights-u-s-carriers-target-the-great-outdoors-idINKBN23B3I7 Thu, 04 Jun 2020 20:04:10 +0000 BlogLikes - Find Most Popular Blogs Money Australia America businessNews J.C. Penney to close 154 locations including stores in Chino, San Bernardino https://www.dailynews.com/2020/06/04/jc-penney-to-close-154-stores-including-chino-san-bernardino/ Bankrupt retailer J.C. Penney Co. will close 154 stores in the next 10-16 weeks, including two in the Inland Empire as it restructures its finances in the middle of long-running challenges and a pandemic-cooled economy.

“We will continue to operate the majority of our stores and our flagship store, jcp.com, to ensure our valued customers continue to have access to the products and brands they need and want,” a company press release stated Thursday.

Among the closures are stores at the Rancho Del Chino Shopping Center in Chino and the Inland Center in San Bernardino.

J.C. Penney, which filed for protection from creditors last month, expects closing sales to begin after approval by a bankruptcy judge on June 11.

The company also said it “expects additional phases of store closing sales will begin in the coming weeks. Store closing sales for the first round of store closures are expected to take 10-16 weeks to complete.”

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Like many old-line merchants, J.C. Penney has battled both long-running challenges to traditional department stores as well as business limitations and economic weakness due to the coronavirus.

“I am incredibly grateful to our talented associates for their ongoing dedication and their passion for meeting and exceeding our customers’ expectations during this difficult and uncertain time. All impacted associates will be treated with the utmost consideration and respect,” said CEO Jill Soltau.

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New Zealand's most expensive apartments sell in Mission Bay https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12337406&ref=rss [Author: newsfeeds@nzherald.co.nz]

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