Apple on Friday moved its annual developers conference in San Jose, California, in June entirely online, citing the “current health situation.” Apple is the latest largest technology company to cancel or move its software developer conference online. Facebook , Microsoft and Alphabet’s Google all previously did so. Apple’s annual conference typically attracts more than 5,000 […]
Archives for March 2020
Direct banks to allow crypto trade: Firms to RBI
Fintech Lawyers, a law firm that represents cryptocurrency traders, has asked the government and the Reserve Bank of India (RBI) to direct banks to allow transactions in cryptocurrencies. The request comes in the wake of the recent Supreme Court order that struck down the central bank’s April 2018 circular that disallowed banks and regulated entities […]
Ford COO Farley to receive $2.5 million in shares if not selected as next CEO
Jim Farley, Ford Motor Company Executive Vice President and President of Global Markets, reveals the 2020 Ford Mustang Shelby GT 500 at the 2019 North American International Auto Show during Media preview days on January 14, 2019 in Detroit, Michigan. Bill Pugliano | Getty Images Ford Motor Chief Operating Officer Jim Farley is set to […]
Stocks stage furious rally late after national emergency declared
(Reuters) – Wall Street staged a furious rally in the waning moments of the session on Friday after U.S. President Donald Trump declared a national emergency to combat the rapidly spreading coronavirus, although major averages still suffered sharp losses for the week. In a volatile session, all three main indexes jumped more than 6% in […]
Are millennials fooling themselves with their savings strategy?
Welcome to Retirement Scan, our daily roundup of retirement news your clients may be talking about Are millennials fooling themselves with their retirement savings strategy?While millennials may be saving more than Gen Xers and baby boomers, younger clients are not better prepared for retirement compared with their older counterparts, research findings show, writes a MarketWatch […]
Working from Home: COVID-19’s Constellation of Security Challenges
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Pershing employee tests positive for coronavirus as outbreak declared national emergency
After an employee tested positive for coronavirus, BNY Mellon Pershing has asked staff on one floor of its facility in Jersey City to work from home for 10 days. “The employee is under medical care, and we continue to monitor the situation closely,” a company spokeswoman said in an emailed statement. Pershing’s response comes as […]
Creating a Monthly Bookkeeping Checklist
Small business owners who recently opened their doors may feel inexperienced with the operational tasks involving bookkeeping. Quickly, they understand that running a company involves more than selling products or services, growing your client base, and increasing revenue. For those inexperienced with accounting duties, we are here to help. Below, we discuss the basics of […]
Weekend Reading for Financial Planners (Mar 14-15)
Executive Summary Enjoy the current installment of “weekend reading for financial planners” – this week’s edition kicks off with the news that President Trump is working on an economic stimulus package in response to the coronavirus pandemic that could lead to new tax planning opportunities for clients with potential payroll tax relief. Also in the […]
What to do if staff can’t make it to the office
A break in the clouds As illustrated by Bourke’s comfy perch on the porch, businesses that have already migrated to the cloud are in the best position to handle increased demand for remote work. That’s because cloud applications and infrastructure provide much more scalability and accessibility than servers and software housed in the office, said […]