We all need to tighten our belts

For the first time in over three decades, BT has suspended its dividend scheme as the former state-owned teleco grapples with the fallout from the novel coronavirus pandemic, and the financial uncertainty that'll inevitably ensue.…

Presidential candidate Bernie Sanders says he wants to offer tuition free at public colleges and universities, paid for with a new tax on Wall Street. Ed Schultz and Sanders discuss the senator’s proposal. Continue reading →

Eyewitness News has learned that the Berlin High School football recruiting scandal may have cost Berlin taxpayers tens of thousands of dollars. Continue reading →

Intuit QuickBooks payroll is a nightmare. Don't ever use it. The service is TERRIBLE! Continue reading →

SIBOS: IBM today announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, reducing the settlement time and lowering the cost of completing global payments for businesses and consumers. Using IBM Blockchain, and in collaboration with technology partners Stellar.org and KlickEx Group, the solution is intended to improve the speed in which banks both clear and settle payment transactions on a single network in near real time.

IBM today announced it is teaming up with Toronto-based FinTech company Dream Payments to bring new revenue generating mobile payment offerings to financial institutions and merchants in the United States via the IBM Cloud.

IBM anunció hoy que ofrecerá Apple Pay a sus clientes online, para que brinden a los consumidores pagos fáciles, seguros y privados a través de iPhone, iPad y Mac. Apple Pay estará disponible para los clientes que usan IBM Commerce on Cloud o IBM WebSphere Commerce, plataforma que soporta a más de 12,000 tiendas online alrededor del mundo.

IBM (NYSE: IBM) annonce la disponibilité d’Apple Pay pour ses clients sur Internet afin de faciliter et de sécuriser leur paiement sur Safari depuis leur iPhone, iPad ou Mac et ce en un clic.

IBM Security a annoncé aujourd'hui les résultats de l'IBM X-Force Threat Intelligence Index annuel 2019, qui a révélé que les mesures de sécurité et la prise de conscience accrues poussent les cybercriminels à modifier leurs techniques en quête d'un meilleur retour sur investissement. En conséquence, le rapport détaille deux changements majeurs, à savoir un détournement surprenant des attaques de type ransomware et une diminution du recours aux logiciels malveillants.

ASL to benefit from IBM Cloud and IBM PureApplication to deliver for secure real time payments for NPP Australia

Congress Sets Up Taxpayers to Eat $454 Billion of Wall Street’s Losses. Where Is the Outrage?

By Pam Martens and Russ Martens: May 7, 2020 ~ Beginning on March 24 of this year, Larry Kudlow, the White House Economic Advisor, began to roll out the most deviously designed bailout of Wall Street in the history of America. After the Federal Reserve’s secret $29 trillion bailout of Wall Street from 2007 to 2010, and the exposure of that by a government audit and in-depth report by the Levy Economics Institute in 2011, Kudlow was going to have to come up with a brilliant strategy to sell another multi-trillion-dollar Wall Street bailout to the American people. The scheme was brilliant (in an evil genius sort of way) and audacious in employing an Orwellian form of reverse-speak. The plan to bail out Wall Street would be sold to the American people as a rescue of “Main Street.” It was critical, however, that all of the officials speaking to the … Continue reading →

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Wisconsin officials believe a plan of reducing compensation to highest-earning employees should help save the athletic department about $2.8 million.

The new ‘national living wage’ has seen the sector’s pay bill rise by 6.9%, and further promised increases will add a total £2.3bn to wage costs

On this week's episode, the issue of football players taking pay cuts is to the fore, and with me to discuss that is Rory Smith, Chief Soccer Correspondent for the New York Times. We chat about an issue which all clubs are dealing with, not just Arsenal, at a time when the precarious nature of football finance is becoming very clear. Should players be responsible for cost savings which wealthy owners could easily cover? What other avenues could clubs go down, regarding salary caps? Will we see a more prudent landscape when we do see games played again? And how realistic is the idea of the Premier League season finishing by June 30th? All this and more with Rory.

Follow Rory on Twitter @RorySmith

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On this week's episode, I'm joined by James Benge of Football London to discuss most of the Arsenal squad agreeing to a round of pay cuts. However, Mesut Ozil was widely reported to have held off from the agreement – what should we make of that, especially in light of comments made by his agent during the week. There's also some European football waffle in there too.

Then it's to New York to catch up with journalist, author, screenwriter, podcaster and Arsenal fan, Jon Ronson for some general chat about life during Covid-19, the impacts it might have on society, what he's been up to, some TV recommendations and lots more.

Follow James @JamesBenge

Follow Jon @JonRonson

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A federal judge dealt a significant blow to the U.S. Women’s national team’s fight for equality on Friday. While the U.S. women’s team’s claim of unequal working conditions can go forward, a federal judge rejected the player’s claims of pay inequality. In March 2019, the USWNT filed a lawsuit against the U.S. Soccer Federation. The suit alleges the U.S. Soccer Federation’s has federally discriminatory payment practices, arguing that they pay women less than men “for substantially equal work and by denying them at least equal playing, training, and travel conditions; equal promotion of their games; equal support and development for their games; and other terms and conditions of employment equal to the MNT.” Judge R. Gary Klausner wrote in his decision that USWNT members did not prove wage discrimination under the Equal Pay Act because the women’s team played more games and made more money than the men’s team. Furthermore, the women’s team also rejected a collective bargaining agreement (CBA) where they would have an identical pay structure to the men’s team in favor of a different CBA. This CBA guarantees players are compensated regardless of whether they play, while the men’s CBA does not. “This approach — merely comparing […]

Pay attention to everything around you and within you, pay attention to the people in your life and what they

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One hotel business owed USD15 million

Ashford has been under intense pressure to pay back millions

Association claims hotels are owed millions

We got paid today OO man was I happy to go to the bank and get my first real paycheck. Tomorrowtoday we are going to Hong Kong for 5 days so I will keep you updated on how that goes. Becca and I went to trivia tonight with her friend Tom and some o

One EU country after the other is moving to restrict public life. The Dutch government has opted for less drastic measures, hoping for herd immunity and relying on the common sense of its people. But the country has still had to make adjustments to its policies.

Former NFL star Brett Favre said Wednesday he would repay the state of Mississippi $1.1 million after a state auditor discovered the Mississippi Department of Human Services paid the ex-quarterback for speaking engagements that never happened.

Ohio State University will pay about $41 million to settle a dozen lawsuits by 162 men alleging sexual abuse by a team doctor, Richard Strauss.

This paper takes an early look at the Paycheck Protection Program (PPP), a large and novel small business support program that was part of the initial policy response to the COVID-19 pandemic. We use new data on the distribution of PPP loans and high-frequency micro-level employment data to consider two dimensions of program targeting. First, we do not find evidence that funds flowed to areas more adversely affected by the economic effects of the pandemic, as measured by declines in hours worked or business shutdowns. If anything, funds flowed to areas less hard hit. Second, we find significant heterogeneity across banks in terms of disbursing PPP funds, which does not only reflect differences in underlying loan demand. The top-4 banks alone account for 36% of total pre-policy small business loans, but disbursed less than 3% of all PPP loans. Areas that were significantly more exposed to low-PPP banks received much lower loan allocations. As data become available, we will study employment and establishment responses to the program and the impact of PPP support on the economic recovery. Measuring these responses is critical for evaluating the social insurance value of the PPP and similar policies.

The COVID-19 crisis is laying bare our city’s extreme racial and economic inequality. Not only have communities of color borne the brunt of the pandemic, but workers of color make up 75% of New York’s essential workers, the people who are risking their health to provide the services on which we all rely.

Switzerland paid $3.48 million for a four-bedroom, 5,300-square-foot condo in the Pinnacle building in downtown Chicago.

The hefty payout comes after the federal Justice Department filed a lawsuit against the city Education Department in 2016 for allowing a “pattern and practice of discrimination” to flourish at Pan American High School during the 2012-13 school year.

The US Women's soccer team have filed to appeal a district court decision handed down last week that dismissed their claims for equal pay.

In response to the ongoing COVID-19 pandemic, the US government brought about a collection of fiscal stimulus measures: the 2020 CARES Act. Among other provisions, this Act directed cash payments to households. We analyze households’ spending responses using high-frequency transaction data. We also explore heterogeneity by income levels, recent income declines, and liquidity. We find that households respond rapidly to receipt of stimulus payments, with spending increasing by $0.25-$0.35 per dollar of stimulus during the first 10 days. Households with lower incomes, greater income drops, and lower levels of liquidity display stronger responses. Liquidity plays the most important role, with no observed spending response for households with high levels of bank account balances. Relative to the effects of previous economic stimulus programs in 2001 and 2008, we see much smaller increases in durables spending and larger increases in spending on food, likely reflecting the impact of shelter-in-place orders and supply disruptions. We hope that our results inform the current debate about appropriate policy measures.

Elizabeth Warren touted her own “universal workers’ bill of rights" and said of New Yorkers, "I’m glad to see people who are picking up this idea at the state level."

The federal stimulus checks go to people with Social Security numbers, leaving out millions who work in the U.S. without permission, but who pay taxes.

The Lakers have paid back $4.6 million in federal coronavirus relief the franchise applied for as part of the Paycheck Protection Program.

Americans required to "shelter in place" should also be entitled to "shelter in job."

For years, the Hollywood Chamber of Commerce has been asking people to pay to use the image of the Hollywood sign — which it doesn't own or control.

The Angels tell baseball operations employees, including manager Joe Maddon and GM Billy Eppler, they'll be paid in full through the end of May.

The Kings let the Tampa Bay Lightning come back for a 4-2 win on the night Kobe Bryant is remembered.

Ducks owners Henry and Susan Samueli are setting a new standard for taking care of arena workers amid the coronavirus shutdown.

Dodgers utilityman Kiké Hernández made adjustments to his swing during the offseason that he believes will produce more power.

Major League Baseball teams agree to contribute $1 million each toward a fund that will assist ballpark workers during the suspended season.

MLB will extend the $400-per-week stipend to minor league players through May 31 or until the beginning of the minor league season, whichever occurs first.

Gameday workers impacted during the COVID-19 pandemic will collectively receive $1.3 million in financial assistance from the Dodgers.

The Dodgers on Friday joined a long list of clubs who have pledged to pay non-playing employees through May 31 while the MLB season remains suspended.

Former NFL star Brett Favre said Wednesday he would repay the state of Mississippi $1.1 million after a state auditor discovered the Mississippi Department of Human Services paid the ex-quarterback for speaking engagements that never happened.