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Archives for May 2020

Flipkart elevates five executives to senior vice president

May 31, 2020 by cbn Leave a Comment

Flipkart elevates five executives to senior vice president

Illustration: Rahul Awasthi Walmart-owned e-commerce marketplace Flipkart has promoted five executives to the level of Senior Vice President. The elevations of Manish Kumar, Anand Lakshminarayanan, Ranjith Boyanapalli, Ravish Kumar Sinha and Ravi Iyer were announced in an email sent by Flipkart Group CEO Kalyan Krishnamurthy on Sunday. This brings the total number of executives at […]

Filed Under: Uncategorized

US moves closer to visa fee hike

May 31, 2020 by cbn Leave a Comment

US moves closer to visa fee hike

A final proposal on visa fee increase, submitted by the US immigration agency last week with the US President’s office, is expected to hike the cost of an H-1B visa by 22% and that of the L-1 visa — used by technology companies to transfer employees between offices — by as much as 77%. The […]

Filed Under: Uncategorized

E-commerce firms test waters with sober discounts

May 31, 2020 by cbn Leave a Comment

E-commerce firms test waters with sober discounts

Illustration: Rahul Awasthi E-commerce companies have started showcasing small-scale promotional events to spur consumer demand, two weeks after restrictions on shipping products were relaxed across the country, in what analysts say is a sign of normalcy in a sector that typically drives sales through discounts. Over the weekend, Flipkart-owned fashion portal Myntra held its Month […]

Filed Under: Uncategorized

TikTok owner ByteDance to set up another corporate entity in India

May 31, 2020 by cbn Leave a Comment

TikTok owner ByteDance to set up another corporate entity in India

Illustration: Rahul Awasthi ByteDance is setting up a second corporate entity in India, as the Chinese multinational internet technology company looks to deepen its roots in Asia’s third-largest economy, among its most active markets globally. The new entity, according to two sources with knowledge of the developments, is likely to provide Information Technology and IT-enabled […]

Filed Under: Uncategorized

Latest product news: May 2020

May 31, 2020 by cbn Leave a Comment

Latest product news: May 2020

We know time is a luxury for small business owners and advisors, so we’re pleased to have released a number of new features in May that will save you time and give you better visibility of your business performance. Whether it’s a visual dashboard, new report or faster way to send invoices and pay bills, […]

Filed Under: Accounting Software

Side Hustle Smarter, Not Harder

May 31, 2020 by cbn Leave a Comment

Side Hustle Smarter, Not Harder

Side hustles are so integral to Millennials’ economic lives that our generation invented a whole suite of apps designed to facilitate them — Uber, Instacart, Postmates, transcription services, dog-walking services, house-sitting services, and many, many more.  As my clients have grown up, their side hustles have gotten more sophisticated and polished, but the substance is still […]

Filed Under: Financial Planning

The Building Blocks of Financial Security

May 31, 2020 by cbn Leave a Comment

The Building Blocks of Financial Security

Every path to financial security starts somewhere. Some of us had a leg up, in the form of debt-free college educations or trust funds. But lots of us didn’t. As you’ve probably read, fewer than half of Americans have enough money saved to cover a $1,000 emergency. If you don’t have an emergency fund or […]

Filed Under: Financial Planning

I walked around New York the morning after the city erupted in protests. Here’s what I saw

May 31, 2020 by cbn Leave a Comment

I walked around New York the morning after the city erupted in protests. Here’s what I saw

I woke up Sunday morning from my apartment in Manhattan to a flood of text messages from friends and family.  The night before, New York City had erupted in protests, following the killing of George Floyd, an unarmed black man, at the hands of Minneapolis police.  Normally, I take long walks, runs or bike rides around New […]

Filed Under: Bookkeeping

Englewood accounting firm got $14M for businesses | Englewood Sun | yoursun.com – yoursun.com

May 31, 2020 by cbn Leave a Comment

Englewood accounting firm got $14M for businesses | Englewood Sun | yoursun.com – yoursun.com

ENGLEWOOD — As a financial first responder, Mark Knauf estimates his office helped infuse $14 million in successful loans into the Englewood area after the COVID-19 pandemic shut down small businesses in March. “There are stories about abuse of the loans during the first round, but I have stories of close to 100 businesses in […]

Filed Under: Accounting

Malaysia, Singapore defer high-speed rail project until year-end

May 31, 2020 by cbn Leave a Comment

Malaysia, Singapore defer high-speed rail project until year-end

KUALA LUMPUR (Reuters) – Malaysia and neighbouring Singapore said on Sunday they had agreed to suspend until Dec. 31 a high-speed rail (HSR) project between Malaysia’s capital, Kuala Lumpur, and the city-state, to allow discussion of changes. Analysts estimate the project, first announced by both nations in 2013, will cost about $17 billion, though the […]

Filed Under: Financial Planning

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