Skip to content

Day: September 29, 2020


Historic Koz’s Mini Bowl has been a south side attraction for 40-plus years, but the doors have been temporarily closed due to the COIVD-19 pandemic and some renovations. 

Now  Justin “Koz” Kosakoski, the owner, can’t finish the renovations or get back to work because he  was seriously hurt in a hit-and-run crash outside the bar on Aug. 28. 

“I was walking to my car when I heard a loud screech, so I jumped up to the hood of my car,” Kosakoski said. “The car caught my legs and then shot me over my hood.”

He said his wife and neighbors came to help him stop the bleeding and ice his legs. First responders took him to a hospital and into surgery right away. 

He had two broken legs, and needed rods put into each leg from his ankle to his knee. 

Milwaukee police said the vehicle in the hit-and-run

Read More

As Americans continue to wait for a new economic rescue package to be approved this year, Republican and Democratic leaders still hope to pass some form of legislation that includes a second stimulus check of up to $1,200 per person, with additional aid for families and small businesses. (Here’s who we think will qualify.)

Everything you need to know about economic stimulus checks, right here. Angela Lang/CNET

© Provided by CNET
Everything you need to know about economic stimulus checks, right here. Angela Lang/CNET

If a new stimulus check is approved, it could resemble the first one in terms of the impact it will have on your taxes and what you’ll need to do if you have dependents and receive federal benefits. You have until Wednesday, Sept. 30, to claim a payment for qualified dependents who were left out of the first check and until Oct. 15 if you don’t normally file taxes and aren’t sure if you can still get

Read More

LOS ANGELES, Sept. 29, 2020 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired OneSpan Inc. (“OneSpan” or the “Company”) (NASDAQ: OSPN) securities between May 9, 2018 and August 11, 2020,  inclusive (the “Class Period”).  OneSpan investors have until October 19, 2020 to file a lead plaintiff motion.

(PRNewsfoto/The Law Offices of Frank R. Cru)
(PRNewsfoto/The Law Offices of Frank R. Cru)

If you are a shareholder who suffered a loss, click here to participate.

On August 4, 2020, OneSpan announced that it had identified errors relate to certain contracts with customers involving software licenses. As a result, the Company estimated that it had overstated revenue by $2 to $2.5 million between first quarter 2018 and first quarter 2020.

Then, on August 11, 2020, OneSpan disclosed that it could not timely file its

Read More

BEIJING (Reuters) – China will need a plethora of reforms if it is to make a new economic strategy that relies mainly on domestic consumption work, advisers to the Chinese cabinet said on Tuesday.

FILE PHOTO: People wearing face masks walk on a street in Shanghai, following the coronavirus disease (COVID-19) outbreak, China July 16, 2020. REUTERS/Aly Song/File Photo

President Xi Jinping has proposed a “dual circulation” strategy for the next phase of economic development in which China will rely predominantly on “domestic circulation”, to be supported by “international circulation”.

“To rely mainly on domestic circulation, we indeed face a very arduous task,” Yao Jingyuan, the former chief economist for the country’s National Bureau of Statistics, told a briefing.

“Fundamentally we must rely on reforms, and we need to deepen reforms.”

Lin Yifu, a second adviser to the cabinet, said China’s new economic strategy was not a short-term measure to

Read More

The numbers: Consumer confidence rose in September to the highest level since the coronavirus pandemic began after the number of cases declined and the economic forged ahead, a closely followed survey showed.

The index of consumer confidence rose to 101.8 this month from 86.3 in August, the Conference Board said Tuesday. It was the biggest one-month increase in 17 years.

Economists polled by MarketWatch had forecast a smaller increase in the index to 89.6. The level of confidence in August was also revised slightly higher after initially showing the lowest reading since the pandemic began more than six months ago.

“A more favorable view of current business and labor market conditions, coupled with renewed optimism about the short-term outlook, helped spur this month’s rebound in confidence,” said Lynn Franco, senior director of economic indicators at the board.

See:MarketWatch Coronavirus Recovery Tracker

What happened: An index that gauges how consumers

Read More

Diversity and inclusion are essential in business today as a healthy variety of people from different backgrounds and cultures provides us with the balance of voices and diversity of thought that we need.

However, it seems as though many businesses still do not have a healthy balance of different people from different backgrounds working for them.

This is something that needs to be changed and this article reflects on the reasons why diversity and inclusion are essential in business and how it can have a huge impact on businesses in the short and long term. 

1.   Greater innovation and creativity

Having a working environment filled with employees of different backgrounds, skills, experiences and knowledge means that there will be an increase in innovative and creative ideas. This can have a huge impact on the business as this will help

Read More

Palantir (PLTR) is expected to begin trading Sept. 30 via a direct listing of its stock. Existing shareholders will be able to sell 20% of their existing shares, and the company will not be raising any additional capital.

The lack of traditional IPO process makes it difficult to predict where shares will trade initially. Making it even more challenging, Palantir shares have traded on the private market as low as $4.17/share all the way up to $11.50/share in 2020.

To help investors find more solid valuation footing, we present a reverse discounted cash flow model analysis of the future cash flow expectations baked into the stock, assuming it begins trading at ~11.50/share. We also present our analysis of the firm’s core earnings[1] and other important fundamental metrics.

Revenue Growth but Large Losses

Palantir follows an all-too-familiar trend of recent IPOs (or direct listings): Large revenue growth with equally large losses.

Read More

Taking a leaf out of Prime Minister Narendra Modi’s call to shrink trade with China, the secondary steel producers have urged the government to ban iron ore export to China.

Secondary steel units, which contribute 50 per cent of steel production, depend on domestic iron ore supply unlike large primary steel producers who own captive iron ore mines.

This apart, the sponge iron production of about 31 mt and pellet plants with 85 mt capacity are also dependent on domestic iron ore. The secondary steel industry annually require about 90-100 mt of iron ore, said Rajeev Singh, Director General, Indian Chamber of Commerce, in a letter addressed to the Prime Minister’s Office.

Odisha and Chhattisgarh have about 136 sponge iron ore units with a capacity of 24 mt but produced only about 13-14 mt. However, amidst the current raw material crisis situation, it is expected to be cut down further

Read More

Phase 3: Eat, drink and be wary | Sept. 26

It will be a lean winter

I am a Florida resident and I vote in every single election. I have been up north with my children for several months. The recent announcement lifting coronavirus restrictions makes it impossible for me to return anytime soon. Many of my friends and relatives will not be returning either.

Clearly, lives lost are not a meaningful metric to Gov. Ron DeSantis, but lost money is. So let me speak in a language he understands: I was planning major outdoor renovations and purchases. I enjoy safe take-out meals from area restaurants (and tip very generously). Instead, my money and sales taxes are supporting businesses in the Midwest.

DeSantis’ actions have directly cost St. Petersburg business owners and workers tens of thousands of dollars of my money. Multiply this by the many other snowbirds who will

Read More

  • Facebook announced Tuesday it had named Alex Schultz, its VP of product growth, as its new chief marketing officer.
  • Schultz takes over the role after Antonio Lucio stepped down last month from his role leading Facebook’s global marketing team after less than two years on the job.
  • Schultz is one of Facebook’s longest-serving employees, having worked at the company since November 2007, and was appointed in 2014 to the VP role. He’s also openly gay, and has acted as the executive sponsor for Facebook’s LGBTQ affinity group for employees.
  • Visit Business Insider’s homepage for more stories.

Facebook has named a founding member of its growth team as its new chief marketing officer.

Alex Schultz, one of Facebook’s longest-serving employees and the company’s current VP of product growth, has been named Facebook’s new CMO effective immediately, the company announced Monday. Schultz fills a vacancy left by Antonio Lucio, who said he

Read More

Designed using Magazine News Byte. Powered by WordPress.