• The Marines’ F-35B fighter jets just departed on an unprecedented deployment — not on a US Navy ship, but the only British aircraft carrier, HMS Queen Elizabeth.
  • The Marine Corps F-35s will join British F-35Bs for training during a multi-month deployment, ahead of the Queen Elizabeth’s first full-length deployment next year.
  • Visit Business Insider’s homepage for more stories.

The Marines’ 5th-generation fighter jets have just departed on an unprecedented deployment — embarked not on a US Navy ship, but on the United Kingdom’s only aircraft carrier.

Ten F-35B Joint Strike Fighters embarked the carrier Queen Elizabeth on Tuesday from Portsmouth, England, as part of a multi-month training deployment, according to a Marine Corps news release. It’s in preparation for the Queen Elizabeth’s inaugural full-length deployment, set to take place next year.

The Marine Corps F-35s, from Marine Fighter Attack Squadron 211, out of Yuma, Arizona, will be joined in training

Read More
/quality/85/?url=http://media.beam.usnews.com/ad/e1d3d79ef33d73f6d92d65782ec869/tag:reuters.com,2020:newsml_LYNXNPEG8M0K1:12020-09-23T073053Z_1_LYNXNPEG8M0K1_RTROPTP_3_EUROPE-MONEYLAUNDERING-SEB.JPG">

STOCKHOLM (Reuters) – Sweden’s financial watchdog said on Wednesday that lender SEB’s past deficiencies regarding money-laundering were well known, after Swedish Television (SVT) aired a programme saying 8.2 billion Swedish crowns ($919 million) in suspicious funds had passed through the bank.

SVT’s allegations were based on leaked suspicious activity reports (SARs) filed by banks and other financial firms with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), which were reported by U.S. and other media on Sunday.

“The fact that there has been suspected illicit financial flows through SEB in the Baltic region is something that has been reported on…so in that sense this information is not new,” the FSA told Reuters.

The Baltic scandal, first ensnaring Danske Bank

and resulting in a record Swedish fine for Swedbank

, lifted the lid on money flows from Russian and other non-resident clients into the European Union and elsewhere.

“The

Read More

Read More

Topline

Shares of athletic apparel retailer Nike surged by nearly 10% on Wednesday, a day after the company reported financial results that crushed expectations thanks to booming online business during the coronavirus pandemic.

Key Facts

Even as many of its stores were reopened, Nike saw digital sales jump 82% last quarter, as record numbers of customers turned to its website and app to shop for sneakers and workout apparel.

The company reported revenue of $10.6 billion, crushing analyst expectations of only  $9.15 billion, with earnings of 95 cents per share (versus 47 cents expected).

Nike said sales got a boost from parents stocking up on back-to-school items, while its women’s apparel division grew nearly 200% and business also picked back up in key markets like China. 

Nike, which has already

Read More

CHICAGO (WBBM NEWSRADIO) — Cook County has unveiled a new effort to help small businesses hit hard by the COVID-19 shutdowns and other pandemic issues.



a group of people standing in front of a building: Cook County has unveiled a new effort to help small businesses hit hard by the COVID-19 shutdowns and other pandemic issues.


© Provided by WEEI
Cook County has unveiled a new effort to help small businesses hit hard by the COVID-19 shutdowns and other pandemic issues.

Cook County Board President Toni Preckwinkle, Cook County Commissioner Donna Miller, Cook County Commissioner Kevin Morrison, and other county leaders announced Wednesday the launch of the Cook County COVID-19 Recovery: Small Business Assistance Program, a business advising, education, and grant program designed to help small businesses through the COVID-19 pandemic.

Loading...

Load Error

County Board President Toni Preckwinkle led the announcement at the Thornton Distillery Company, one of the companies that could benefit from the program.

“Small businesses are the backbone of our local economy and employ thousands of our residents,” Preckwinkle said. “This program provides $12.6 million in grants to

Read More

TORONTO, Sept. 22, 2020 /CNW/ – A majority of Canadian business leaders consider the effects of the COVID-19 pandemic the number one challenge hindering the country’s economic growth, according to a new survey conducted for Chartered Professional Accountants of Canada (CPA Canada).

About half (52 per cent) of respondents cited the pandemic fall out as the top economic challenge; much greater than the next identified factor. However, the findings of the latest CPA Canada Business Monitor (Q3 2020) also revealed that not all businesses are feeling the pain. While the majority of professional accountants in leadership positions surveyed (58 per cent) reported decreased revenues for their organizations since the start of the pandemic, 20 per cent also reported unchanged revenues while 21 per cent reported increased revenues.

Optimism among the survey participants regarding the Canadian economy sits at 17 per cent which is  dwarfed by those expressing a pessimistic

Read More

(Bloomberg) — Australia’s government is instigating what it calls the most significant insolvency law reforms in almost three decades in a bid to give more small businesses a chance to survive the recession.



Josh Frydenberg wearing a suit and tie: Josh Frydenberg, Australia's treasurer, speaks during a news conference in the Main Committee Room at Parliament House in Canberra, on Thursday, July. 23, 2020. Australia's budget deficit will blow out to a post-War record amid a surge in spending to plug a virus-induced gaping economic hole and collapse in revenue.


© Bloomberg
Josh Frydenberg, Australia’s treasurer, speaks during a news conference in the Main Committee Room at Parliament House in Canberra, on Thursday, July. 23, 2020. Australia’s budget deficit will blow out to a post-War record amid a surge in spending to plug a virus-induced gaping economic hole and collapse in revenue.

Under the plan announced by Treasurer Josh Frydenberg, incorporated businesses with liabilities of less than A$1 million ($707,500) will be able to keep trading while they develop a debt restructuring plan. That’s in contrast to current rules which can force small companies into immediate administration.

Loading...

Load Error

“This economic shock has been very severe and many businesses have had to close their doors, yet the

Read More

Premier Calgary web Design Company, Clio Websites, helps small businesses get back on track following the COVID-19 pandemic by enhancing their online presence

Clio Websites remains one of the most sought-after web design companies in Calgary, delivering a wide range of premium quality solutions tailored to meet the diverse needs of businesses, especially small businesses using WordPress and WooCommerce platforms. In a similar vein, the premier Calgary Website Design Company with WordPress expertise is looking to help clients get their business back on track, especially as the COVID-19 pandemic has wreaked a lot of havoc on economies worldwide.

Your website shouldn’t be keeping you up at night. Let us manage your WordPress website and make sure that it’s secure, up to date, and generating leads,” said Nat Miletic, founder of Clio Websites.

The coronavirus pandemic has ushered in a new normal that has resulted in a lot of

Read More



a christmas tree lit up at night: A house with Halloween pumpkins and halloween decorations in front


© Getty Images
A house with Halloween pumpkins and halloween decorations in front

October is an important month for generating sales, with a quarter of people planning to start their holiday shopping in October. If you haven’t already, you need to create a marketing plan with your ideas for October.

Ideally, this plan will take into account all the major holidays, events, and milestones coming up not just in October, but for the rest of the year. It should form a key part of your overall holiday marketing campaign strategy and span across the channels you use to target your customers, whether that is email marketing, social media, direct marketing, or influencer marketing.

Here are some October marketing ideas to spark your inspiration. And be sure to track the success of each campaign so you can learn from these results and run even better campaigns next year.

1. Temporarily (pumpkin)

Read More

Walmart has agreed to back an education fund proposed by President Donald Trump as part of a deal between the retailer and Oracle to partner with Chinese-owned video-sharing app TikTok, according to a source familiar with the matter.

The financial contribution will come from the new company that emerges from the unusual transaction, called TikTok Global. The arrangement will allow the app to continue operating in the U.S. after the Trump administration threatened to ban it over national security concerns. Yet to be decided is how much money Walmart and Oracle would contribute to the fund and how it would be used. 

Walmart and Oracle are looking to take a stake of up to 20% of TikTok Global. TikTok’s current owner, Beijing-based ByteDance, and possibly its investors, would get 80% of the newly formed U.S.-based entity that will be the new official owner of the popular video platform.

“Real

Read More