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Special Counsel Probe Bill on First Lady Passes at National Assembly

[Politics] :
The special counsel bill mandating an investigation for first lady Kim Keon-hee has passed in the National Assembly. The main opposition Democratic Party introduced the bill, its third attempt following presidential vetoes for previous bills, and all 191 lawmakers present voted in its favor in a plenary ...

[more...]




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With signing of insurance bill, Lyft, Uber ridesharing loophole comes to an end

AB 2293 bans drivers from using their personal policies and mandates that drivers have to be covered from the moment they turn on their app and look for customers.; Credit: Photo by Daniel X. O'Neil via Flickr Creative Commons

Amid all the talk about cutting-edge technology, much of Uber and Lyft’s success actually owes to that fact the ride-sharing companies have been able to exploit a basic loophole: The companies foist the cost of insurance on their drivers, but the drivers' insurance companies don’t know they are underwriting cars for hire, and even if drivers wanted to be honest and get a policy that would cover ride-sharing, they couldn’t, because no such policy exists.

AB-2293, introduced by Assemblywoman Susan Bonilla (D-Concord) and signed into law Wednesday by Governor Jerry Brown, tries to close the loophole by paving the way for insurance companies to offer hybrid personal/commercial policies by next summer.

Uber once derided the bill as a backroom deal between insurance companies and trial lawyers.

"The bill does nothing to enhance safety, yet compromises the transportation choices and entrepreneurial opportunities Uber offers Californians," the company wrote in a June blog post that encouraged customers to contact their representatives opposing the bill.

However, the company backed down and supported the legislation when Bonilla insurance requirements were lowered.

AB 2293 also specifically bans drivers from using their personal policies and mandates drivers have to be covered from the moment they turn on their app and look for customers, which is a response to the tragic accident on New Year's Eve in San Francisco when an UberX driver hit and killed a six year old child.

Uber argued that because the driver was waiting for a fare he wasn't working for the company at the time, so he wasn't covered by the company's insurance.




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Gov. Brown to sign Film/TV production tax credit bill in Hollywood

California Jerry Brown will sign a bill to expand California's film and television tax credit program into law in Hollywood; Credit: Justin Sullivan/Getty Images

A moment Hollywood's been waiting a while for will take place... in Hollywood. 

A ceremony is planned for Thursday morning at the Chinese Theater where Governor Jerry Brown will sign the "California Film and Television Job Retention and Promotion Act" into law.

The bill - also known  as AB 1839 — will more than triple the funding for California's film and television production tax credit program. 

The push to expand and enhance the tax credit program has been going on for more than a year. In August of 2013, Los Angeles Mayor Eric Garcetti used the term "state of emergency" to characterize the flight of film and television production to other states and countries. Garcetti is expected to speak at the ceremony. 

Los Angeles-area Assemblymen Mike Gatto and Raul Bocanegra are also expected to be on hand. They introduced AB 1839 in February and moved it strategically through the legislature in Sacramento. While there were few vocal opponents of expanding the tax credit program, the big question was by how much. Many supporters hoped to see the annual pot raised from the current $100 million to at least $400 million, but an exact dollar amount wasn't specified until very late in the legislative process.

In April, the state Legislative Analyst's Office released its hard look at the current tax credit program, pointing out that the state is only getting back 65 cents in tax revenues for every dollar it’s spending on the film and TV subsidy.  The bill to expand the program kept moving.

California's magic number turned out to be $330 million dollars, not as high as chief rival New York State's $420 million per year, but still more than triple California's current offering. Along with the extra cash, AB 1839 also changes the way the tax credit program will be administered.   Rather than using a one-day lottery to determine which productions receive the credit, the state will measure the projects based on their potential to create jobs.   A project that overestimates that potential could be penalized.  

 

 




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Governor signs bill raising Hollywood tax credits

In this file photo, California Gov. Jerry Brown speaks during a news conference on January 17, 2014 in San Francisco, California. Brown on Thursday signed a bill that more than triples the state's annual tax credit for film and TV production to $330 million.; Credit: Justin Sullivan/Getty Images

Gov. Jerry Brown has headed to the cradle of the Hollywood film industry to sign legislation that more than triples the state's annual tax credit to $330 million a year for films and TV shows produced in California.

Brown says the increase is needed to help prevent other states and countries from hijacking film and TV production by offering their own lucrative incentives.

Brown signed the bill Thursday at the former Grauman's Chinese Theatre, where handprints and footprints of stars from the eras of Humphrey Bogart to Robert De Niro are embedded in concrete.

Under the new system, credit will be awarded based on the number of jobs a production creates and its overall positive impact on the state.

The historic cinema is now called the TCL Chinese Theatre IMAX.

Film tax credit doc




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Billion Automobile Chooses Tegile Systems to Improve Storage Performance Across Its 16-Dealer Network

Tegile Systems, a pioneer in primary storage de-duplication in virtualized server and desktop environments, announced today that Billion Automobile, GMC's fourth largest U.S. dealership, has implemented Tegile's Zebi Storage Array.




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Coca-Cola Is a Passive Income Powerhouse, but So Is This Cash-Gushing Oil Stock That Plans to Pay Over $11 Billion in Dividends by the End of the Year




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1 Top Cryptocurrency to Buy Before It Soars 16,939%, According to MicroStrategy Chief and Billionaire Michael Saylor




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William (Bill) Mackintosh (2007)

William (Bill) Mackintosh is Web Manager at the University of York. A Web CMS selection process is underway before the introduction of an Institutional Portal. William facilitated a workshop session on "Web Usage Statistics in the University Environment" with Paul Kelly.




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Bill Clinton and Sir Bob Geldof to address AIDS 2014

President Bill Clinton, founder of the Clinton Foundation and 42nd President of the United States and artist / activist Sir Bob Geldof will be among the high-level speakers who will join thousands of the world's top AIDS researchers, scientific and community leaders, people living with HIV and policy-makers at the 20th International AIDS Conference (AIDS 2014) taking place on 20-25 July in Melbourne. Their presence is set to further enhance the very strong program that has been put in place for AIDS 2014. President Clinton has a very strong track record in advocating for HIV/AIDS treatment in disadvantaged communities around the world. Sir Bob Geldof has the ability to motivate millions of people as we have seen over decades of activism. His music and such events as Live Aid and Band Aid have raised global awareness of famine and poverty.




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Bill Clinton addresses AIDS 2014 delegates in Melbourne

Former US President Bill Clinton has told delegates at the 20th International AIDS Conference, AIDS 2014 in Melbourne, that finding more economically efficient ways to respond to HIV is vital to saving lives and preventing the spread of the virus. Mr Clinton’s speech was made to over 2,000 people at one of the most eagerly anticipated sessions at the AIDS 2014 conference in Melbourne.




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ICYMI - Japan planning US$87 billion extra budget to fund stimulus package

Noting this, report comes from Japan media (Sankei) via Reuters:

  • Japanese government to compile a supplementary budget of about 13.5 trillion yen ($87 billion)
  • to fund a stimulus package to help low-income households and offset rising prices
  • government would provide 30,000 yen to low-income households that are exempt from residential taxes and 20,000 yen per child for households with families
This article was written by Eamonn Sheridan at www.forexlive.com.




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Bill.com and CPA.com Expand Accountant Partner Program

Bill.com and CPA.com have expanded their Accountant Partner Program. The program offers services, resources and technology to help accounting firms solve bill payment challenges for their clients.

The program has been updated to offer services tailored to the needs of large firms. Enhancements include dedicated Bill.com implementers for client portfolios, educational and training resources, and Bill.com accountant-specific features.

The upgrades come in response to a 2017 Bill Payment Trends Survey from Bill.com and CPA.com, which found 77 percent of large accounting firms wish their clients would eliminate paper checks, 75 percent recommend their clients pay their bills online, yet only 25 percent require clients to use a specific solution for digital bill payment. According to Bill.com, this disconnect illustrates an opportunity for client accounting services to be more efficient and demonstrate more value to clients.

The Bill.com Accountant Partner Program now offers:

● Dedicated Bill.com implementation consulting and support for client adoption, including implementers experienced with bill payment in large accounting firms; and

● New features for the Bill.com Accountant Console, a portal that helps firms manage client bill payments. Firms can add and remove staff from multiple clients at once, assign customer roles and permissions, and create reports on billing and system access.

These additions join existing educational resources Bill.com already offers to small and midsize accounting firms.

“The enhanced Accountant Partner Program allows greater collaboration between Bill.com, CPA.com, and accounting firms at every stage of client accounting services,” said Michael Cerami, CPA.com’s vice president of strategic alliances and business development, in a statement. “Whether a firm is targeting prospective or existing clients, the program delivers the tools and resources necessary for firm-wide adoption of digital bill payments.”

The Accountant Partner Program is available for all Bill.com clients. To learn more, visit https://www.bill.com/for-accountants/.

https://www.accountingtoday.com/news/billcom-and-cpacom-expands-accountant-partner-programAccounting TodayDec 4th, 2017Media Coverage




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Surveillance amendments in new law in Germany pose a threat to media freedom, OSCE Representative says, asks Bundestag to reconsider bill

VIENNA, 8 July 2016 – OSCE Representative on Freedom of the Media Dunja Mijatović, today expressed concern about a proposed law on the German Foreign Intelligence Agency (BND, Bundesnachrichtendienst), which was debated in the Bundestag, Germany’s Federal Parliament, today.

“Increasing surveillance capabilities of journalists is a clear threat to media freedom,” Mijatović said. “This draft law runs counter to the very core of fundamental freedoms such as media freedom and freedom of expression.”

The draft law increases BND’s capabilities to place foreign journalists under surveillance. Moreover, no exemption is made for the work of journalists, and journalists without citizenship of the European Union can be subjected to surveillance without an explicit court order.

“I call on the German Bundestag to revise the current draft law and ensure proper the protection of journalists regardless of their nationality,” Mijatović said.

The OSCE Representative on Freedom of the Media observes media developments in all 57 OSCE participating States. She provides early warning on violations of freedom of expression and media freedom and promotes full compliance with OSCE media freedom commitments. Learn more at www.osce.org/fom, Twitter: @OSCE_RFoM and on www.facebook.com/osce.rfom

Related Stories



  • Representative on Freedom of the Media
  • Media freedom and development
  • Western Europe and North America
  • Germany
  • Press release

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AT&T, Ticketmaster data breach hackers charged with stealing 50 billion records

Two hackers have been indicted for their role in the AT&T and Ticketmaster data breaches.




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La DANA en Málaga obliga a aplazar el inicio de la Billie Jean King Cup

La eliminatoria que debía enfrentar este miércoles a España y Polonia se programa para el viernes, aunque la situación meteorológica pone toda la competición en duda Leer




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Kenya: Adani Group Shifts Focus to $10 Billion U.S. Investment After Kenya Setback

[Business Day Africa] The Adani Group is now setting its sights on the U.S. market after facing significant pushback in its bid to enter Kenya.




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A $1 billion proposal is the latest plan to refurbish and save the iconic Houston Astrodome




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Inside Ivanka's $24 Million 'Billionaire Bunker' Mansion With A $15 Million Mortgage




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Prosus, Tencent made billions of dollars in Swiggy IPO

According to the company's draft red herring prospectus (DRHP), Prosus invested nearly Rs 9,055 crore ($1.07 billion) in the online food platform and made Rs 26,927 crore ($3.2 billion) in IPO, thus netting a $2.12 billion profit from its investment.




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Quick Commerce captures nearly half of Kirana sales; market projected to hit $40 billion by 2030

India's quick commerce market is booming and is set to reach USD 40 billion by 2030. This surge is driven by consumer demand for fast deliveries, with 46% of consumers reducing their reliance on traditional Kirana shops. Quick commerce platforms are projected to capture 21% of total Kirana sales by 2024.




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Blinken Assures NATO Biden Will Funnel Billions to Ukraine Prior to Trump Return

Outgoing Secretary of State Antony Blinken began a farewell visit to the headquarters of the North Atlantic Treaty Organization (NATO) in Brussels, Belgium, on Wednesday in which he repeatedly insisted that President Joe Biden would "push every dollar out the door that we have at our disposal" to Ukraine.

The post Blinken Assures NATO Biden Will Funnel Billions to Ukraine Prior to Trump Return appeared first on Breitbart.





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UCHealth to pay $23 million to settle federal lawsuit over billing fraud allegations

UCHealth will pay $23 million to settle a federal lawsuit alleging the hospital system fraudulently coded emergency room visits submitted to Medicare and the military health insurance program TRICARE.




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Eagles, Steelers 'massively underestimated,' Bills climb up in Nick's Tiers | First Things First

Nick Wright unveils his Week 11 Tiers alongside Chris Broussard, Kevin Wildes and Coach Eric Mangini. Watch as Nick addresses "massively underestimating" the Pittsburgh Steelers and Philadelphia Eagles and why the Buffalo Bills climb higher up the tiers.




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Will the Buffalo Bills finally end the Kansas City Chiefs' undefeated streak in this pivotal matchup? | Speak

Michael Irvin breaks down whether the Buffalo Bills can finally end the Kansas City Chiefs' undefeated streak in this pivotal matchup. He analyzes the key factors at play as Patrick Mahomes and Josh Allen go head-to-head.




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Thailand Set to Reap $2 Billion ‘Rainbow Tourism’ Boon With Same-Sex Marriage Law




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Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion

Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion NEW YORK (AP) — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Wonder…




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Siemens Q4 revenue up by 1% to €20.8 billion

Siemens AG announced on Thursday that its revenue in the fourth quarter of the fiscal year 2024 increased by 1% to €20.8 billion. The company's net income rose 11% year-over-year to €2....




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Siemens Q4 revenue up by 2% to €20.8 billion

More to come......




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Britain's motor finance industry is in crisis – with banks bracing for billions in payouts

Britain's motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country's costliest consumer banking scandal. The burgeoning crisis stems back to a landmark judgement from the U.K.'s Court of Appeal in late October, when the court ruled it…




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These 5 Moves Can Lower Your 2024 Tax Bill




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ASML says its revenue to grow to 44 billion-60 billion euros by 2030

Computer chip equipment maker ASML said on Thursday it expects its sales to grow to between 44 billion euros and 60 billion ($46.4 billion-$63.3 billion) by 2030, suggesting an average annual increase of 8%-14%, driven by strong demand for its most advanced tools. The guidance came in a statement…




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Billionaire Ali’s Lulu Falls in Debut After Mega Abu Dhabi IPO




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ASML targets €60 billion revenue with AI, EUV growth

ASML Holding NV stated on Thursday that it predicts annual revenue of €44 to €60 billion by 2030, with gross margins between 56% and 60%.The Dutch semiconductor equipment leader emphasized in a report...




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Apple hit with £3 billion claim over iCloud pricing and packaging practices

Consumer champion Which? not amused by fruit-based giant's alleged preference for its own cloud storage service UK consumer group Which? has filed a £3 billion action against Apple over alleged competition law breaches related to its iCloud service.…




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ASML says its revenue to grow to between $46 billion and $63 billion by 2030




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Foxconn's Q3 net profit up by 14% to $1.5 billion

Foxconn Precision Industry Co. Ltd. announced on Thursday that its net profit in the third quarter of the fiscal year 2024 observed an annual rise of about 14% to reach 46.09 billion New Taiwan dollar...




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Foxconn's Q3 revenue up by 14% to $1.5 billion

Foxconn Precision Industry Co. Ltd. announced on Thursday its revenue in the third quarter of the fiscal year 2024 observed an annual rise of about 14% to reach 46.09 billion New Taiwan dollars (NT$),...




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Bill Hader Worried He’d Be Known As ‘SNL’s ‘Anxiety Guy’

By Matt Solomon Published: November 13th, 2024





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News24 | Malatsi can't withdraw SABC Bill as it is executive's bill – Ntshavheni

Communications and Digital Technologies Minister Solly Malatsi can't withdraw the controversial SABC Bill as it is an executive bill and Cabinet has not approved its withdrawal, Minister in the Presidency Khumbudzo Ntshavheni said.




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Beirut bombing victims' $1.68 billion Iran judgment overturned by US appeals court




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Snowflake hackers identified and charged with stealing 50 billion AT&T records




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Proposed police budget adds $20 to average tax bill

The Ottawa Police Services Board tabled a net operating budget of $388.7 million Wednesday morning, up $16.3 million from 2024. 



  • News/Canada/Ottawa

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Senate urged to work on anti-online piracy bill

As the Senate continues to take action on the Site Blocking Bill, a consumer group again called on the chamber to pass the measure to protect the creative industry and ensure the digital security of Filipinos.




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Thailand set to reap $2 billion 'rainbow tourism' boon

Thailand's landmark move to legalise same-sex marriage is set to boost “rainbow tourism” by attracting four million more visitors annually, and generate about US$2 billion in revenue, according to travel platform Agoda.




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No major change in T-bill rates

KARACHI: The government on Wednesday raised Rs778 billion against the treasury bills (T-bills) auction target of Rs800bn, with minor changes in the cut-off yields for different tenors.

The State Bank of Pakistan reported that massive bids of Rs1.844 trillion reflected ample liquidity in the banking sector.

The government slashed the rate for three-month tenor by 20 basis points to 13.69 per cent while the yield on benchmark six-month T-bills was kept unchanged at 13.5pc.

However, the yield on 12-month papers increased by 10bps to 13.19pc.

Compared to the secondary market, the cut-off yields for three-, six- and 12-month T-bills were higher by 47bps, 36bps and 17bps, respectively.

The government is borrowing less than the investors’ expectations mainly because of the higher liquidity available in its accounts.

Published in Dawn, November 14th, 2024




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Constitutional Populism, Not Billionaire Populism

This was the fourth election cycle with no limits on spending since 2010, when the Supreme Court decided Citizens United v. Federal Election Commission and removed the remaining guardrails on money in politics. Donald J. Trump has been on the ballot in three of those four elections, backed by a refrain of "drain the swamp," eliminate the "deep state," and destroy the "elites." In 2024, a rising populism fueled Trump's victory and delivered Republicans the Senate and the House of Representatives, with a mandate to move power closer to the people. A proven method of constitutional populism can...




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Hawaii mobile phone bills 7% higher than U.S. average

Mobile phone bills accounted for 5.36% of the $3.35 trillion Americans spend on household bills in a year.




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Canada puts its Billie Jean King Cup title on the line this week

CBC Sports' daily newsletter previews the premier event in international women's team tennis, where Canada is looking to repeat its surprising victory last year.