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Archives for 2020

Apple store closings in China could delay 1 million iPhone sales, Wedbush says

February 1, 2020 by cbn Leave a Comment

Apple store closings in China could delay 1 million iPhone sales, Wedbush says

Apple staff (red t-shirt) and a customer (R) wearing protective facemasks are seen inside of an Apple store in Beijing on January 30, 2020 NICOLAS ASFOURI Apple’s decision to temporarily shutter its stores in China as a result of the new coronavirus could delay up to 1 million iPhone sales but is unlikely to have […]

Filed Under: Bookkeeping

General Motors playing to its strengths with the GMC Hummer EV pickup

February 1, 2020 by cbn Leave a Comment

General Motors playing to its strengths with the GMC Hummer EV pickup

DETROIT – General Motors is playing to its strengths from a profitability and product standpoint by resurrecting Hummer as an all-electric vehicle under its GMC truck and SUV brand, according to officials. The automaker is attempting to cash-in on the reputation of an already-established brand while removing any “negative baggage” of the gas-guzzling, environment-harming Hummers […]

Filed Under: Bookkeeping

Online education proposal to boost edtech sector: Budget2020

February 1, 2020 by cbn Leave a Comment

Online education proposal to boost edtech sector: Budget2020

India will start issuing online degrees at top 100 educational institutes, Finance Minister Nirmala Sitharaman announced during her Budget speech. This step could boost educational technology startups including Eruditus, Coursera and upGrad. Sitharaman said that in order to provide quality education to students of deprived section of the society as well as those who do […]

Filed Under: Uncategorized

Factbox: Airlines suspend China flights because of coronavirus outbreak

February 1, 2020 by cbn Leave a Comment

Factbox: Airlines suspend China flights because of coronavirus outbreak

(Reuters) – Airlines are suspending flights to China in the wake of the new coronavirus outbreak, which as of Friday had killed more than 200 people and infected nearly 10,000 people. Here is the latest on their plans (in alphabetical order): AIR CANADA (AC.TO) Air Canada said on Jan. 28 it was cancelling select flights […]

Filed Under: Financial Planning

Govts launch rewrite of global tax rules

February 1, 2020 by cbn Leave a Comment

Govts launch rewrite of global tax rules

The rise of Amazon, Facebook and Google has strained existing rules to breaking point because big tech companies can book profits in low-tax countries like Ireland no matter where their customers are located. Reuters  |  February 01, 2020, 07:45 IST

Filed Under: Uncategorized

Anand Mahindra fetes new IBM CEO Arvind Krishna, like a boss!

February 1, 2020 by cbn Leave a Comment

Anand Mahindra fetes new IBM CEO Arvind Krishna, like a boss!

Being an Indian and making it big in the field of technology is no mean feat to accomplish. Joining the ranks of Satya Nadella, Sundar Pichai and Shantanu Narayen is Arvind Krishna who has been appointed the new CEO of American MNC IBM. Indian Twitter celebrate Krishna’s achievement, however, it was Anand Mahindra who ended […]

Filed Under: Uncategorized

For Trump administration, coronavirus quarantine presents a fine balancing act

February 1, 2020 by cbn Leave a Comment

For Trump administration, coronavirus quarantine presents a fine balancing act

Secretary of Health and Human Services Alex Azar and members of the Trump Administration’s Coronavirus Task Force hold a press briefing at the White House on January 31, 2020 in Washington, DC. Sarah Silbiger | Getty Images U.S. health officials have instituted a mandatory 14-day quarantine of Americans traveling from China, starting this Sunday, marking […]

Filed Under: Bookkeeping

Electronic filing mandated for Sec. 501(c)(3) applications

January 31, 2020 by cbn Leave a Comment

Electronic filing mandated for Sec. 501(c)(3) applications

The IRS announced Friday that, effective Jan. 31, 2020, applications for tax-exempt status under Sec. 501(c)(3) must only be submitted electronically (Rev. Proc. 2020-8). Taxpayers will no longer be able to file Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code, on paper, but must complete and submit the […]

Filed Under: Accounting

Intuit to Announce Second-quarter Fiscal 2020 Results on Feb. 24

January 31, 2020 by cbn Leave a Comment

Intuit to Announce Second-quarter Fiscal 2020 Results on Feb. 24

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Intuit Inc. (Nasdaq: INTU), maker of QuickBooks, TurboTax and Mint, will announce its second-quarter results for fiscal year 2020 on Feb. 24 following the close of market. The company’s second quarter ends today, January 31. Intuit executives will discuss the financial results on a conference call at 1:30 p.m. Pacific time […]

Filed Under: Accounting Software

Consider Roles that Interact with Enterprise Data Lakes

January 31, 2020 by cbn Leave a Comment

Consider Roles that Interact with Enterprise Data Lakes

Developing practical methodologies requires understanding the different roles that participate in the enterprise data lake. — ITPro Today In recognition of the value proposition of cloud computing, a significant level of effort is being expended in modernizing existing on-premises data warehouse environments by migrating both data and applications to the cloud. Cloud environments provide a great […]

Filed Under: Uncategorized

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