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BIV on Roundhouse June 8: Is the road to NAFTA through Asia?
Business in Vancouver BIV reporter Chuck Chiang discusses China’s One Belt, One Road policy. And KPMG’s Todd Buchanan returns with details on changes to International Financial Reporting Standards [IFRS] that will affect how companies across Canada report their financial … |
June 09, 2017 at 01:06AM
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BT Group has picked a new auditor to replace PricewaterhouseCoopers , months after the emergence of a 530m accounting crisis in its Global Services division. Sky News understands that BT directors selected a winner from a two-horse race between EY and KPMG at a board meeting on Wednesday.
June 09, 2017 at 12:57AM
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The IASB staff has released a podcast discussing IFRS 17 ‘Income Taxes’ and the May 2017 IASB meeting.
June 09, 2017 at 12:35AM
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IBM Watson takes on compliance
Banking Exchange IBM and Promontory officials avoid the term “artificial intelligence” when speaking of Watson. They prefer to speak of “augmented intelligence,” acknowledging that the consulting firm’s experts play a key role. Much basic regulatory information must be … |
June 01, 2017 at 01:32AM
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S&P down -0.05%. Nasdaq down -0.08%. Dow down -0.10%.
The US stock major market indices are ending the day in the red but things could have been much worse.
June 01, 2017 at 01:20AM
from Greg Michalowski
Philippines-based illustrator Terence Eduarte takes the kind of secrets people would be wary to tell their closest friends and illustrates them for the whole Internet to see.
The art project ― called 100 Days of Secrets ― started two months ago, when the 24-year-old artist asked his friends to share their secrets in exchange for a portrait. Since then, he’s received secret submissions from Instagram followers from around the world.
The resulting works explore complicated, knotty personal issues, from learning of a parent’s extramarital affair:
A post shared by Terence Eduarte (@trnz.eduarte) on May 22, 2017 at 12:44am PDT
To confessions about catfishing:
A post shared by Terence Eduarte (@trnz.eduarte) on Apr 21, 2017 at 11:18pm PDT
In an interview with HuffPost, Eduarte said he was taken aback by strangers’ willingness to open up to him.
“I think the project has become an outlet for people to let out thoughts and feelings they normally wouldn’t tell anyone,” he said.
A post shared by Terence Eduarte (@trnz.eduarte) on Apr 24, 2017 at 11:04pm PDT
Some people tell Eduarte they’re just thankful to have a sounding board for their secrets, regardless of the portrait.
“A lot of people who have written to me said they really didn’t mind if I’m not able to include them in the project,” he said. “They just wanted to share their burden with someone.”
See more of the illustrations below and head to Instagram to see the full 100 Days Of Secrets project:
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— This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.
June 01, 2017 at 01:36AM
from Brittany Wong
High school senior Carolina Williams was accepted into Yale after penning an essay about an unconventional topic — Papa John’s pizza.
“When I saw that the prompt was ‘Write about what you love to do,’ my very first thought was order pizza from Papa John’s,” Williams told Business Insider on Wednesday. “I order pizza from Papa John’s once a week — it’s my absolute favorite! I thought for a while about if I should actually do that and if they would take it seriously, but I decided to just write it because it was so easy and my passion came through.”
Williams said that she was proud of her essay, which she believes stood out to admissions officers because it was reflective of her actual personality.
While the essay was about Papa John’s, it touched on broader topics, such as comfort and independence.
“Accepting those warm cardboard boxes at my front door is second nature to me, but I will always love ordering pizza because of the way eight slices of something so ordinary are able to evoke feelings of independence, consolidation, and joy,” Williams wrote.
I just want @PapaJohns to know that I wrote a college essay about how much I love to order their pizza and it got me into Yale 
http://pic.twitter.com/lDlzEErHCn
— Carolina Williams (@justcarolina22) May 9, 2017
Earlier in May, Williams tweeted about her achievement, with screen shots of her essay, her letter of admission, and an email from a pizza-loving Yale admissions officer.
“I laughed so hard on your pizza essay. I kept thinking that you are the kind of person that I would love to be best friends with,” an admissions officer wrote to Williams. “I want you to know that every part of your application stood out in our process and we are thrilled to be able to offer you a spot at Yale.”
Yale’s admissions rate for the class of 2021 was just 6.9%, according to its website, making it one of the most difficult colleges to get into in the US.
Williams is turning down Yale’s invitation to join the class of 2021 and plans to attend Auburn University in the fall, allowing the Tennessee teen to stay in the South and avoid chilly New Haven, Connecticut winters.
Papa John’s was quick to congratulate Williams on her achievement.
CONGRATS, CAROLINA!! We’re so honored that you wrote about us in your essay! Send us a DM, please @AskPapaJohns
— Papa John’s Pizza (@PapaJohns) May 9, 2017
“We’re so honored that you wrote about us in your essay!” the pizza chain tweeted. Papa John’s also sent along some gift cards, according to Williams.
SEE ALSO: Ivy League admission letters just went out — here are the acceptance rates for the class of 2021
Join the conversation about this story »
NOW WATCH: People are trolling Dove on Twitter for releasing new soap bottles for different body types
June 01, 2017 at 01:33AM
from Kate Taylor
May 27, 2017 at 01:36AM
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UBER and Lyft will make their triumphant return to Austin on Monday. Whether the Texas capital will welcome them back is another matter.
The ride-hailing giants left in a huff a year ago, after Austinites had the temerity to vote in favour of maintaining the city’s requirement that the firms perform fingerprint checks on their drivers, as traditional taxi companies must. The pair have long resisted being held to the same standards as taxis, with an insistence bordering on arrogance. They have also tended to assume that customers had their backs. So it was a rude awakening when, after forcing a city-wide ballot on the issue, and spending close to $9m on their campaign, Uber and Lyft found themselves on the wrong side of the progressive Austin population, which didn’t want to be pushed around by big companies from out of town.
Even so, the city had become reliant on the ride-hailing firms, due to a combination of hedonistic nightlife,…Continue reading
May 27, 2017 at 01:30AM
from The Economist online
May 26, 2017 at 01:33AM
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Vivus adds Thomas King (Fmr CEO, Alexza Pharmaceuticals) to Board $VVUS #corpgov bit.ly/2rDR0GT
May 26, 2017 at 01:24AM
https://twitter.com/JDruryPartners/status/867837913412894720
from JamesDruryPartners
Chesapeake Capital’s Jerry Parker joined the investment world by no conventional means.
“I read an advertisement in the Wall Street Journal that [Richard Dennis] was hiring people, teaching them how to trade and staking them with money,” Parker told Benzinga.
May 25, 2017 at 01:29AM
from Elizabeth Balboa
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HNA may buy a stake in a Hong Kong-based asset manager, Sinochem has abandoned plans to buy an equity stake in commodities trader Noble Group, and the European Commission is investigating whether GE provided misleading information during a review of its $1.65 billion acquisition of LM Wind Power.
May 23, 2017 at 01:37AM
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The European Commission has decided to study competition in the loan syndication market in the U.K., Germany and four other European nations, citing the growing importance of the multi-lender offerings for leveraged buyouts and other large projects.
May 23, 2017 at 01:37AM
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FNF and H&M…
May 23, 2017 at 01:36AM
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Remember that recent economic analysis that said Americans were more in debt than they’ve been in almost a decade?
The bulk of that debt is housing related, but student debt also is a big contributor to the growing owing.
Households today are borrowing differently than they did nine years ago, note New York Times reporters Michael Corkery and Stacy Cowley. The latest data show that student loan debt, driven by soaring tuition costs, makes up 11 percent of total household debt, up from 5 percent in the third quarter of 2008.
That’s why tax legislation has been introduced in both the House and Senate to help those who are drowning in higher education debt. Both chambers seek to expand a tax-free employee benefit that will help graduates pay down their loans.
A welcome workplace perk: That’s a benefit that, if recent surveys are correct, would be very welcome by college debt-burdened workers.
A 2016 survey by Student Loan Hero found that when it comes to workplace perks, more employees would choose student loan repayment assistance over
Not surprisingly, younger workers preferred help from their bosses to pay down their college debt. A majority (54 percent) of staffers aged 18 to 24 even said they would rather receive student loan repayment benefits than the option to contribute to a 401(k), which brings about a whole ‘nother set of worries for a future blog post.
More recently, a Bloomberg BNA human resources report found that employer help with student loans improves workplace retention.
A few companies apparently have gotten the message. Four percent of employers offered student loan repayment assistance in 2016. While that’s a tiny percentage, it’s up from 3 percent in 2015, according to a survey last year by the Society of Human Resource Management.
The members of Congress advocating added employer help in repaying student loans believe their bills will increase the number of companies offering such a benefit.
Student, economic and workplace benefits touted: The Employer Participation in Student Loan Assistance Act, sponsored by U.S. Reps. Rodney Davis (R-Illinois) and Scott Peters (D-California), would allow employers to offer a tax-free employee benefit that will help graduates pay down their loans.
Current tax law already allows companies to provide employees up to $5,250 in tax-free educational assistance benefits each year.
Davis’ and Peters’ H.R. 795 would allow employers to provide a similar tax-exempt benefit that would go toward paying down an employee’s student loan debt. As with the existing workplace educational help option, an employer could put up to $5,250 per year toward the debt an employee incurred for that education.
The enticement for the companies, aside from possibly luring more potential workers? The employer would get a tax break, too.
The Employer Participation in Student Loan Assistance Act has 74 bipartisan cosponsors and is pending in the House Ways and Means Committee,
“Seven in 10 college seniors last year graduated with student loan debt, which now represents the second highest form of consumer debt,” Davis said in announcing the bill’s introduction. “This debt is a drag on our economy because it prevents many young adults from contributing to our economy.”
Many companies already see the attraction and retention payoff for providing such a benefit, Davis noted, but “we want to encourage more to participate so we can help both struggling graduates and our economy.”
“Just as allowing employers to offer tax-free tuition assistance has enabled more Americans to advance their education, offering this same incentive for student loan payments will speed up the repayment process so that graduates can begin to make investments such as buying a home, starting a family, or saving for retirement,” said Peters, who introduced a similar bill in the last Congressional session.
Senate follows suit, again: A few weeks after Davis and Peters introduced their House bill, Sens. Mark Warner (D-Virginia) and John Thune (R-South Dakota) dropped similar legislation in the Senate hopper.
The Employer Participation in Repayment Act would, like the House bill, let employers make payments towards their employees’ student loan debt using pre-tax income.
Warner’s motivation for the legislation is mathematically based. More than 60 percent of Virginia’s college students will graduate with some student loan debt, and the average student loan debt in Virginia tops $29,000 per graduate, he noted in announcing introduction of the bill, S. 796.
Nationwide, Americans now owe more than $1.4 trillion in student loans, outstripping credit cards and auto loans as the country’s leading source of non-housing debt, the Old Dominion’s senator added.
Thune said the bill would “give graduates the flexibility they need to work with employers to secure lower interest rates and pay part of their student loans back tax free. This is an obvious win for graduates, but it also helps businesses attract and retain talented employees.”
Warner and Thune introduced similar bills in two prior Congressional sessions. This latest version has four cosponsors, again from all political perspectives, and is pending the Finance Committee.
Could this be the year? Congress obviously has had its eye on helping students pay their college loans for years.
However, since this issue got much attention during the 2016 presidential election, thanks in large part to proposals by Democratic candidates Bernie Sanders and Hillary Clinton, as well as the millions of student loan owing millennials now in the workforce, the legislation might actually move in the 115th Congress.
Are you deep in student debt? Would an employer’s help in paying it down affect your decision to take a job?
You also might find these items of interest:
May 23, 2017 at 12:47AM
from skbell1
May 23, 2017 at 01:36AM
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