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DUBLIN, Oct. 13, 2020 /PRNewswire/ — The “Income Protection – United Kingdom (UK) Protection Insurance 2020″ report has been added to ResearchAndMarkets.com’s offering.

The report provides an in-depth assessment of the income protection market, looking at current and historical market sizes with regards to changes in contracts and premiums. It examines how income protection products are distributed and highlights key changes in the competitive landscape, as well as the proposition of the key market players. It provides five-year forecasts of contracts and premiums to 2024 and discusses how the market, distribution, and products offered are likely to change in the future, as well as the reasons for these changes.

The UK’s income protection market has grown strongly in recent years. Of the main protection products, income protection was the only product to register double-digit growth in premiums in 2019. Advised sales remain far more common than non-advised sales. However,

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FILE PHOTO: Bottles of prescription painkillers Oxycodone Hydrochloride, 30mg pills, made by Mallinckrodt sit on a counter at a local pharmacy, in Provo, Utah, U.S., April 25, 2017. REUTERS/George Frey/File Photo

(Reuters) – Mallinckrodt Plc filed for bankruptcy protection on Monday, saddled with lawsuits alleging it fueled the U.S. opioid epidemic and after it lost a court battle to avoid paying higher rebates to state Medicaid programs for its top-selling drug.

The company listed both assets and liabilities in the range of $1 billion to $10 billion in a filing with the U.S. Bankruptcy Court for the District Of Delaware.

More than 3,000 lawsuits have been filed accusing drug manufacturers of engaging in deceptive marketing that promoted the use of addictive painkillers, fueling an epidemic that since 1999 has resulted in more than 450,000 overdose deaths.

The company had in February said it planned to have its generic drug business

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The Worker Flexibility and Small Business Protection Act may be one of the first times that a bill in Congress would require anyone to use an emoji. But if it passes, a frowning-face emoji would understate how entrepreneurs, small business owners and franchisors will feel.



graphical user interface, application: The Worker Flexibility and Small Business Protection Act is a 'frowning sad face' of a bill

© Getty Images
The Worker Flexibility and Small Business Protection Act is a ‘frowning sad face’ of a bill

Introduced by labor policy leaders in the Democratic Party and backed by the AFL-CIO and Service Employees International Union (SEIU), the bill appears to be a direct attack on independent contracting, as well as the franchise industry, and a gift to unions and trial lawyers.

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The bill would destroy the gig economy model and independent contracting by presuming that everyone working for pay is an employee.

The legislation would create the same test that has done so much damage to California’s independent contractors –

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Topline

Hours after canceling negotiations with Democrats over stimulus legislation on Tuesday and pledging to pass a bill after the election, President Trump backtracked by calling on Congress to send him standalone bills that would cover individual aspects of the package under negotiation.

Key Facts

Trump called on Congress to “IMMEDIATELY approve” $25 billion in airline payroll support and $135 billion in funding for the paycheck protection program through unused funds in the CARES Act, before adding that he would sign a standalone $1,200 stimulus check bill and tagging House Speaker Nancy

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By Megan Rowling, Thomson Reuters Foundation

BARCELONA, Sept 28 (Thomson Reuters Foundation) – Protecting the planet’s plants, animals and ecosystems, and repairing the damage done to them by humans will take about $700 billion a year in extra funding over the next decade, requiring a huge boost in investment by governments and business, officials said on Monday.

The call came as Britain and Canada joined a coalition of countries that have promised to protect 30% of their land and seas by 2030 to stem “catastrophic” biodiversity loss.

The two nations also signed up to a separate pledge, uniting 70 countries and the European Union, to reverse the loss of biodiversity by 2030 through a green recovery from the COVID-19 pandemic, tackling pollution and deforestation, and boosting financing to safeguard the planet, among other commitments.

Elizabeth Maruma Mrema, executive secretary of the Convention on Biological Diversity, told an online U.N. financing

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By David Henry



a sign in front of a building: FILE PHOTO: JP Morgan Chase & Co. corporate headquarters in New York

© Reuters/Mike Segar
FILE PHOTO: JP Morgan Chase & Co. corporate headquarters in New York


NEW YORK (Reuters) – JPMorgan Chase & Co. , the country’s largest lender, is stepping up payment fraud protections for its small and mid-sized business customers, which continue to be targeted by scammers – particularly amid the COVID-19 pandemic.

Four-in-five small and mid-sized companies say they were targets of payment fraud last year, but that could be reduced if businesses use more tools to detect suspicious payments early, JPMorgan executives told Reuters.

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The bank’s new self-service “fraud hub,” being introduced on Monday, will allow them to set alerts for unusually large payments and control who gets paid. The service supplements the current system in which customers call the bank to set controls.

“Fraud is a major concern and can be devastating for businesses,” said Jennifer Roberts, chief executive of Chase

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  • MicroClimate created a visor with air filters that looks like a helmet, called Air.
  • Air is just one of many unusual designs for face coverings since the COVID-19 pandemic hit.
  • People have critiqued the design on social media, with a common theme being it looks too futuristic.
  • Visit Business Insider’s homepage for more stories.

In the dystopia of 2020, being able to afford a personal microclimate helmet to wear around might be the next status symbol.

The coronavirus is still spreading, researchers don’t know the longterm health impacts of the virus, Dr. Anthony Fauci says most pre-Pandemic activities can return to normal by summer 2022, and a record setting year of wildfires across the western US turned San Francisco’s sky orange. Wearing a helmet out and about wouldn’t be the strangest thing to happen this year. 

MicroClimate’s Air is an acrylic visor that “enables an unobstructed view of the face.”

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The owner of Boston Sports Clubs (BSC) announced this week it has filed for bankruptcy in an effort to respond to the financial woes of the coronavirus pandemic.

In a statement, BSC said Monday its parent company, Town Sports International Holdings Inc., and 161 of its affiliated businesses voluntarily filed for Chapter 11 bankruptcy protection.

Town Sports – which owns Boston Sports Clubs as well as New York Sports Clubs, Philadelphia Sports Clubs and more fitness centers – is not going out of business, BSC noted.

The parent company will continue to operate its facilities normally throughout the bankruptcy filing process, and members should not notice any changes to their “fitness journeys,” according to Boston Sports Clubs.

Employees will also not see any changes to their pay or benefits, BSC said.

Restructuring is the best way to respond to the ongoing public health crisis, the company added.

“The goal is

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The owner of New York Sports Clubs plans to seek bankruptcy protection Friday as it grapples with the economic fallout of the COVID-19 pandemic.

Town Sports International Holdings is seeking relief after failing to win tens of millions of dollars in financial aid, Bloomberg reported, citing sources familiar with the matter it didn’t identify.

24 HOUR FITNESS FILES FOR BANKRUPTCY, CLOSES OVER 130 GYMS AMID CORONAVIRUS PANDEMIC

The company — which bills itself as one of the largest owners and operators of fitness clubs in the Northeast — had been attempting to obtain $80 million from Kennedy Lewis Investment Management, Bloomberg reported, but that firm backed out when the gym chain realized the amount wouldn’t be large enough and raised its request to $20 million.

The push for funding comes as the sports club owner looks to refinance a loan due in November, according to the sources. Kennedy Lewis already 

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In a bombshell announcement, one of America’s most well-respected and top-tier banks JPMorgan said it discovered evidence that its employees and customers may have misused the  Paycheck Protection Program (PPP) for their own benefits.

The PPP was part of the multitrillion dollar CARES Act stimulus package enacted by the federal government during the early days of the Covid-19 pandemic. The goal was to swiftly provide money to small and midsize companies with 500 or less employees to stay afloat. The funds had to be used by these smaller businesses to retain workers. It was a win-win plan in which employees kept their jobs and businesses were able to survive the worst economic disaster since the Great Depression with a much-needed cash infusion. The loans would be forgiven if the companies retained employees for a specified period of

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