Sunday, September 27, 2020

The Latest News

In addition to the wealth of COVID-specific resources you’ll find at WorkAnswers, here we’ll keep you up to date with the latest business news. You’ll find need-to-know insights, practical tips, and creative strategies companies of all sizes are using in these highly unusual times.

Aug/18/2020Business Insider - 17 major companies that have announced employees can work remotely long term
Many major companies remain remote as the coronavirus pandemic wears on — and plenty of those have no immediate plans to return to the office. 
Aug/17/2020ZDNet - A Verizon salesman says the abuse is getting worse
The pandemic is causing some customers to behave appallingly. There have been several incidents in gadget stores. What are carriers doing to help employees? I asked a Verizon salesman.
Aug/17/2020Law 360 - 5 Tips For Helping Workers Deal With Mask-Averse Customers
As businesses continue to ramp up in-person operations, they're grappling with how to make sure sometimes-reluctant customers wear masks without exposing their workers to verbal abuse or even physical violence. Here are five tips for getting customers to mask up while minimizing risks to employees.
Aug/13/2020CNBC - PPP Loan Forgiveness Starts This Week. Why Some Businesses Aren’t Rushing to Apply
Even though the forgiveness window is open, small businesses are sitting on the sidelines, accountants said. That’s because the SBA continues to issue guidance in the form of frequently asked questions.
Aug/13/2020Forbes - Mnuchin Suggests Payroll Tax Deferral Will Be Up To Employers: We Can’t Force People To Participate.
Under the CARES Act, employers can already elect to defer the deposit and payment of the employer's portion of Social Security taxes.
Aug/13/2020Forbes - Mnuchin Suggests Payroll Tax Deferral Will Be Up To Employers: We Can’t Force People To Participate
Under the CARES Act, employers can already elect to defer the deposit and payment of the employer's portion of Social Security taxes.
Aug/13/2020Law 360 - Mo. Restaurants Can Pursue COVID-19 Coverage Suit
In an apparent first, a Missouri federal judge allowed a group of hair salons and restaurants to proceed with a proposed class action claiming Cincinnati Insurance Co. wrongfully refused to cover their losses during COVID-19 shutdowns, holding Wednesday that the businesses adequately alleged they suffered a covered "direct physical loss."
Aug/03/2020ABA Journal - How effective are liability waivers in the age of the novel coronavirus?
Doing business during a pandemic can be risky because the stakes are high.
Aug/03/2020RollCall - Conflicts over work placesafety mount as more employers require COVID-19 liability waivers.
Numerous employees, mostly lower-wage and minority workers in #essential jobs, have called lawyers to complain.
Aug/03/2020Law 360 - Va. Workplace Virus Safety Mandate Has High Compliance Bar
Meeting the strict exposure assessment, notification, social distancing and sanitization obligations under Virginia’s recently enacted COVID-19 workplace safety standard, which can serve as a guide for employers in other states, will require on-the-ground enforcement beyond compliance on paper, say attorneys at Morgan Lewis.
Jul/28/2020Bloomberg - Nike Taps Former Tesla Executive as Its New Diversity Chief Nick Turner
Nike Inc. promoted a former Tesla Inc. executive to become its new head of diversity, turning to a Black veteran of Silicon Valley to help make the sportswear giant more inclusive.
Jul/28/2020Law 360 - GOP Sets Sights On COVID-19 Biz Immunity In Relief Bill
As part of a $1 trillion coronavirus relief package unveiled Monday, GOP lawmakers floated a bill that would erect significant legal barriers for individuals wishing to sue over COVID-19 infections and deaths, requiring plaintiffs to prove both gross negligence and a failure to comply with public health guidelines.
Jul/24/2020Accounting Web - Want More Clients? An Inflexible Pricing Model Might be Holding You Back
Is your pricing model preventing you from taking on new and different clients? How can you be more flexible? AccountingWEB attended AICPA Engage 2020, and we strove to answer that question.
Jul/24/2020The Economist - Generous unemployment benefits are not keeping Americans from work
Economists usually squabble over everything. On this, they are nearly unanimous
Jul/24/2020Law 360 - GOP Virus Aid Plan Stalls Despite Deal On PPP, Taxes, Checks
Senate Republicans left town Thursday without unveiling their proposal for a new pandemic relief bill, as disagreements among senators and the White House persisted despite broad agreement on issues such as more forgivable small business loans, a liability shield for employers and another round of direct payments to most Americans.
Jul/20/2020Accounting Today - Working from Home is Not a Choice
In many ways, the accounting profession is fortunate to have the option of working from home with the use of technology. But technology is only so helpful when you don’t have childcare. The kids don’t care about your client portal or your exemplary Zoom meeting skills.
Jul/21/2020Databreach Today - Twitter Hijackers Used Well-Honed Fraudster Playbook
Customer Service Representatives Have Long Been Targeted for Account Takeovers
Jul/21/2020CNBC - Coronavirus pandemic cuts rent growth to a decade low
Single-family rents grew just 1.7% annually in May on a national level, according to CoreLogic. That’s the slowest growth rate in nearly a decade and a little more than half the growth these 12 million rental homes were seeing the year before.
Jul/21/2020CNBC - Congress looks unlikely to pass a coronavirus relief bill by the end of July
House Minority Leader Kevin McCarthy said he does not expect a coronavirus relief bill to pass before the end of the month.
Jul/16/2020CNBC - Coronavirus data has already disappeared after Trump administration shifted control from CDC
Previously public data has already disappeared from the Centers for Disease Control and Prevention’s website after the Trump administration quietly shifted control of the information to the Department of Health and Human Services.
Jul/16/2020Law360 - Amazon Workers End Bid To Get Immediate Virus Safety Order
Amazon warehouse workers suing for better COVID-19 protections at its Staten Island distribution center dropped their effort to get immediate changes, though their motion to change course drew an admonishment from the judge overseeing their case who said it looked like a press release instead of a legal argument.
Jul/16/2020Law360 - Va. Adopts Nation's First COVID-19 Workplace Safety Mandate
Virginia on Wednesday became the first state to adopt an emergency workplace safety standard addressing the ongoing coronavirus pandemic, which Gov. Ralph Northam said is necessary to fill a gap created by federal inaction.
Jul/15/2020Law360 - As COVID-19 Safeguards End, Eviction Wave Begins
In 12 days, a federal eviction moratorium will expire. Most state and local protections have already come and gone. Without more grace periods and direct rental payment assistance, experts say recent eviction filing spikes in some cities look likely to turn into a nationwide "tsunami."
Jul/14/2020Law360 - As COVID-19 Safeguards End, Eviction Wave Begins
In 12 days, a federal eviction moratorium will expire. Most state and local protections have already come and gone. Without more grace periods and direct rental payment assistance, experts say recent eviction filing spikes in some cities look likely to turn into a nationwide "tsunami."
Jul/08/2020Washington Post - The Cybersecurity 202: Cybersecurity pros are uniting in a battle to save encryption
A coalition of dozens of top cybersecurity and Internet freedom groups, academics and experts sent a blistering letter this morning to the sponsors of an anti-encryption Senate bill they say would make hundreds of millions of Americans more vulnerable to hacking.
Jul/08/2020Law360 - COVID-19 Layoffs Likely Won't Nullify Fla. Noncompetes
A COVID-19 termination probably won't shield Florida workers against noncompete enforcement, but there are several real-world factors companies should consider before pursuing an employee for contract breach, says Alan Goodman at GrayRobinson.
Jul/08/2020Law360 - Microsoft Sues To Block 'COVID-19 Themed' Phishing Scheme
A Virginia court has unsealed documents related to Microsoft's recent efforts to prevent alleged cybercriminals from stealing its users' personal information through a "COVID-19 themed" phishing campaign, the company said.
Jul/08/2020Law 360 - Mich. Eateries' Loss Highlights COVID-19 Coverage Hurdles
A Michigan judge gave teeth to one of insurers' chief arguments against coverage for losses during the COVID-19 pandemic with a first-of-its-kind ruling last week that a restaurant owner cannot tap its business interruption policy because its eateries did not sustain "direct physical loss or damage."
Jul/07/2020Bloomberg - Fed’s Bostic Sees Signs That Economic Activity Is Leveling Off
“There are a couple of things that we are seeing and some of them are troubling and might suggest that the trajectory of this recovery is going to be a bit bumpier than it might otherwise,” Bostic said in an interview with the Financial Times published Tuesday. “We’re watching this very closely, trying to understand exactly what’s happening.”
Jul/07/2020CNBC - Americans lost $77 million to Covid-19 fraud — and that’s just the ‘tip of the iceberg’
Scammers have targeted federal relief money such as stimulus checks and unemployment benefits, among other things.
Jul/07/2020Law 360 - Fisher Phillips COVID-19 Data Shows Workplace Suits On Rise
Workplace litigation tied to the COVID-19 virus is increasing sharply, according to a report from Fisher Phillips, which highlights the difficulties employers and their attorneys face in navigating new workplace laws and a crush of litigation under existing rules.
Jul/06/2020Law 360 - CARES Act Reanimates Sale-Leaseback Tax Benefits
Sale-leaseback transactions have new life thanks to the CARES Act's net operating loss changes, which give participants an opportunity to reduce effective tax rates, accelerate refunds and, in some cases, deduct 100% of their rental payments, say William Rohrer and Maximilian Viski-Hanka at Duane Morris.
Jul/04/2020CNBC - Trump signs extension of PPP small business coronavirus relief fund
The legislation extends the June 30 deadline for applying for the program to Aug. 8.
Jul/02/2020Forbes - Big News As IRS Opens Taxpayer Phone Lines & More
The IRS will reopen facilities in remaining states on July 13. And, as you can imagine, the IRS is putting an emphasis on telework and plans to continue to encourage it, where possible, for the foreseeable future to ensure social distancing.
Jul/02/2020Law 360 - 3 Things To Watch As COVID-19 Real Estate Litigation Looms
Commercial landlords and tenants have to a large extent not brought their disputes over payment of rent to court during the COVID-19 pandemic, but lawyers say several factors — including uncertainty about assistance under the CARES Act — are likely to usher in a wave of litigation soon.
Jul/02/2020BizJournals - WeWork closing its first-ever location in SoHo
WeWork plans to close its first-ever coworking space — at 154 Grand St. in SoHo — this summer.
Jul/01/2020J of A - Senate Approves 5-week PPP Extension.
The U.S. #Senate passed by unanimous consent a five-week extension of the #PPPLoan on Tuesday night just a few hours before the application window on the program was scheduled to close.
Jun/30/2020Law 360 - 9 States With COVID-19 Biz Immunity, And 3 That May Follow
Amid pending efforts to enact legislation at the federal level that would shield businesses from COVID-19 infection suits, at least nine states have taken it upon themselves to pass their own such laws or enact executive orders, while lawmakers in at least three others are contemplating such changes.
Jun/30/2020WSJ - PPP Loan Window Is Closing, With $134 Billion Still on Offer
Congress weighs options for leftover funding, including allowing businesses to take out a second loan
Jun/30/2020WSJ - In Los Angeles, an Economy Built on Freelancers Crumbles
Creative Workers with multiple gigs are among the worst hit by the recession and face long roads to recovery
Jun/26/2020Detroit Free Press - GM's Barra outlines diversity and inclusion initiative
General Motors has formed an advisory board to improve diversity and inclusion, CEO Mary Barra said. "We will create a safe environment where difference and diversity is respected, valued, and reflected in how we recruit, hire, develop and promote," she wrote in an internal memo.
Jun/26/2020Inc - How to Not Be Overwhelmed Right Now
Having trouble focusing or getting motivated? When you're extra stressed, try setting small goals. Here's how.
Jun/26/2020CNBC - The employment recovery may be slowing as virus cases climb.
Homebase, a scheduling firm that works many small and medium sized businesses in the service sector, shows that employment may have declined over the past week in some areas.
Jun/24/2020CNBC - Small businesses expect to fail. Here’s what will happen to their PPP loans.
Nearly a quarter of small businesses are considering closing permanently due to Covid-19, one survey found.
Jun/24/2020CPA Practice Advisor - Professionals Still Need Vacations During Coronavirus
While one-quarter of workers (25%) reported their employer or manager has encouraged them to take time off since the pandemic began, 66% said there has been no communication about using vacation days.
Jun/24/2020Forbes - IRS May Consider Delaying Tax Filing Deadline Again, Mnuchin Says
U.S. Treasury Secretary Steven Mnuchin said that his department may consider further extending the deadline for tax-filing, which had previously been moved to July 15 from April 15.
Jun/22/2020WSJ - Coronavirus Cash Needs Prompt Companies to Rethink Investments
Numerous firms decide cash is king as they liquidate their big stakes in other companies
Jun/22/2020JofA - SBA, Treasury to Publish Names of Some PPP Loan Recipients
The SBA and Treasury announced an agreement with the bipartisan leaders of the Senate Small Business Committee to publish the names and amount ranges for all recipients of Paycheck Protection Program loans of $150,000 or more.
Jun/18/2020Law 360 - Pa. Justices Tasked With Breaking COVID-19 Order Impasse
The Supreme Court of Pennsylvania agreed Wednesday to step in and resolve a dispute between Gov. Tom Wolf and Republicans in the state legislature over whether lawmakers can unilaterally make the governor end the state's COVID-19 disaster emergency declaration.
Jun/18/2020Apple Insider - Department of Justice releases list of potential Section 230 reforms
Proposed reforms suggested by the Department of Justice on Wednesday seek to fine-tune and limit Section 230 immunity for online platforms who do not remove malicious content from their websites.
Jun/18/2020Law 360 Arizona Court Says SBA Can't Bar Debtors From PPP Loans
A bankrupt telecommunications company is eligible for COVID-19 relief loans after an Arizona federal judge said the U.S. Small Business Administration can't bar debtors from obtaining loans under the Paycheck Protection Program.
Jun/18/2020CNBC - Read the memo Jeff Bezos sent to Amazon employees about Juneteenth
Other tech companies, including Twitter, Square, Google and Facebook, have also chosen to commemorate Juneteenth, which is Friday.
Jun/18/2020Law 360 - Feds Unveil Simplified Application For PPP Loan Forgiveness
The Small Business Administration and U.S. Department of the Treasury on Wednesday released a simplified version of the application that small businesses must file to receive forgiveness on their Paycheck Protection Program loans, a move that comes amid calls to lighten the paperwork burden facing borrowers.
Jun/18/2020JofA - New PPP Loan Forgiveness Applications Released
The U.S. Small Business Administration (SBA), in consultation with Treasury, released Wednesday a revised loan forgiveness application for the Paycheck Protection Program (PPP). The SBA also unveiled a new EZ application for forgiveness of PPP loans.
Jun/17/2020Kiplinger - Low Inflation to Continue for a While: Kiplinger’s Latest Forecast.
Prices declined 0.1 percent, on average, in May, mostly because of a continued drop in energy prices.This is the third month in a row that prices have declined.
Jun/16/2020Accounting Today - IRS Urged to Pursue Preparers with Overdue Returns, Debts and Penalties
The Internal Revenue Service should make more of a priority of going after tax preparers who haven’t filed their own tax returns or paid their tax liabilities and penalties, according to a new report.
Jun/15/2020Law 360 - EEOC Makes Clear COVID Concerns No Excuse For Age Bias
Although employers prepping to reopen as the COVID-19 pandemic continues may want to give particularly vulnerable workers special treatment, newly released guidance from the U.S. Equal Employment Opportunity Commission signals that even well-intentioned moves will likely violate age bias law if they single out older employees.
Jun/15/2020Law360 - Work From Home Boom Reignites Atty Licensing Questions
When law offices shuttered due to the coronavirus, attorneys hunkered down at home — sometimes, across state lines from where they work and are admitted. Does telecommuting violate local licensure rules? It depends on whom you ask and where you practice.
Jun/11/2020NYT - $130 Billion in Small-Business Aid Still Hasn’t Been Used
Owners are becoming reluctant to borrow from the federal Paycheck Protection Program. Some are even returning money.
Jun/11/2020CNBC - Amazon unveils small business credit line with Goldman in latest tie-up between tech and Wall Street
Small business owners who sell on the e-commerce giant’s platform will soon be receiving invitations from Goldman’s Marcus brand for revolving credit lines with a fixed annual interest rate of 6.99% to 20.99%, according to people with knowledge of the offering.
Jun/11/2020CNBC - White House, GOP push coronavirus relief talks to late July, sources say
White House and Republican negotiators are not planning to hold formal negotiations on a fourth coronavirus stimulus package until late July, when Congress returns from recess, according to sources
Jun/10/2020POMS - FREE Stay Safe at Work webinar for business owners on June 19th.
Register at
Jun/10/2020POMS - As your staff returns to work, what should they know about Transportation Safety.
Register for this free webinar on June 12th at
Jun/10/2020Forbes - FTC Warns 16 Multi-Level Marketing Companies About Coronavirus Fraud
The Federal Trade Commission sent warning letters to 16 multi-level marketing companies over claims made by their representatives on social media, saying the products they’re selling can treat or prevent coronavirus, or about earnings participants can make by investing in the business after losing income due to the pandemic, as the agency works to protect consumers from scams related to Covid-19.
Jun/10/2020Journal of Accountancy - AICPA Recommends Changes to E-signature Requirements
The AICPA Tax Executive Committee (TEC) has sent the IRS a letter requesting the Service update and modernize its e-filing signature requirements in four areas in response to the COVD-19 pandemic but with the aim of adopting the changes permanently to make it easier for all taxpayers and tax practitioners to use electronic signatures.
Jun/09/2020CFO - Five Accounting and Reporting Considerations Before Reopening
As management contends with important changes to the business, such as supply chain disruptions, headcount reductions, and long-term work-from-home policies, chief financial officers and other finance leaders are sorting through the resulting accounting and financial reporting impacts.
Jun/08/2020CNBC - Five charts that track the U.S. economy amid reopening progress.
A semblance of normalcy has helped reignite an economy battered by the coronavirus. #USEconomy
Jun/08/2020Law360 - Law360's Tort Report: COVID-19 Biz Immunity Laws Passed
The passage of state legislation shielding businesses from civil suits related to COVID-19 and a $22.5 million deal to end suits over Catholic Church sexual abuse in Minnesota lead Law360's Tort Report, which compiles recent personal injury and medical malpractice news that may have flown under the radar.
Jun/01/2020Social Media Explorer - What Is the Impact of COVID-19 on Affiliate Marketing?
it is important to note that the impact of affiliate marketing has been uneven.
Jun/01/2020Law 360- Bankruptcies Pile Up As COVID-19 Pandemic Squeezes Cash
In the 2½ months since COVID-19 created a national emergency in the United States, dozens of companies have tilted into bankruptcy in the retail, travel and energy sectors, and a former bankruptcy judge predicts the turmoil will spread further through the economy in the coming months.
May/28/2020CNBC- Got a PPP Loan but Workers Rejected Your Rehire Offer? You Might Have to Report Them to Unemployment
Firms won’t have their forgiveness amount reduced if employees decline the rehire offer, but they’ll have to document the rejection and tell the state unemployment insurance office.
May/27/2020NPR - From Camping To Dining Out: Here's How Experts Rate The Risks Of 14 Summer Activities
Your personal risk depends on your age and health, the prevalence of the virus in your area and the precautions you take during any of these activities.
May/26/2020CNBC - Congress will ‘probably’ have to pass another coronavirus stimulus bill, Mitch McConnell says
Senate Majority Leader Mitch McConnell said Congress will “probably” have to pass another coronavirus relief bill and will decide whether to do so in the coming weeks.
May/22/2020Law 360 - How Courts May Interpret COVID-19 Waivers Of Liability
As businesses begin to reopen, they may seek to release themselves from negligence claims for COVID-19 infections through contractual waivers of liability, but whether a waiver is enforceable varies significantly by state, says Jessica Kelly at Sherin and Lodgen.
May/21/2020Law 360 - 4 Things To Know About Plan To Speed COVID-19 Patent Apps
A new U.S. Patent and Trademark Office program will prioritize the examination of COVID-19-related patent applications from small businesses, and while it could result in patents issuing very quickly, applicants need to make sure the program makes sense for their invention. Here are the top things to consider.
May/21/2020WSJ - Coronavirus Lockdowns Spark Boom in Online Learning for Adults, Too
The online business of teaching skills like writing, calligraphy or languages thrives; ‘we’re all seeing the minutes skyrocket’
May/21/2020WSJ - SBA Under Spotlight as Frustrations With Small-Business Aid Programs Grow
Bipartisan lawmakers push agency for more transparency about its response to small businesses hit by coronavirus closures
May/18/2020GovInfoSecurity - COVID-19: 3 Future Scenarios
Pandemic Expert Regina Phelps Outlines Potential Paths for Coronavirus
May/17/2020CNBC - Apple’s retail reopening plan: Temperature checks, mandatory masks
Apple released a set of guidelines its retail stores will follow as they reopen.
May/17/2020Forbes - 3 Things To Consider In Preparation For Future Waves Of The Coronavirus
As more American states are cautiously flirting with the notion of reopening their economies and lifting restrictions, the fear of a second wave is prevalent.
May/16/2020CNBC - Many Americans are unaware of the coronavirus-related financial assistance that’s available to them
A whopping 80% of unemployed Americans say they haven’t reached out for relief measures, according to Credit Karma.
May/15/2020Forbes - Some 42% Of Jobs Lost In Pandemic Are Gone For Good
42% of the 36 million jobs lost since the beginning of the lockdowns are gone for good
May/12/2020Washington Post - The Washington Post and four other news organizations are suing the U.S. Small Business Administration for access to government records showing who received more than $700 billion in taxpayer-backed small-business loans.
May/13/2020Forbes - Top 9 Questions Entrepreneurs Have on PPP Loan Forgiveness
An increasing number of entrepreneurs received loans from the Small Business Administration's Payroll Protection Program (PPP). The article provides guidance on how to spend the money to maximize the forgivable amount allowed under the program.
May/13/2020ABA - SBA provides safe harbor for PPP loans under $2 million
Following a recent announcement that the Small Business Administration (SBA) would review any Paycheck Protection Program loans made in amounts exceeding $2 million, the SBA on May 13, 2020 issued guidance extending an automatic safe harbor to borrowers receiving PPP loans with an original principal amount of less than $2 million. These borrowers “will be deemed to have made the required certification concerning the necessity of the loan request in good faith,” the SBA said in updates to its PPP FAQs.
May/14/2020WSJ (Subscription) - Working From Home Is Taking a Toll on Our Backs and Necks
Weeks of poor ergonomics on the bed or sofa have led to backaches, neck pain and headaches
May/13/2020National Law Review - Protecting Business Information Assets in the “Work From Home” Environment
Many organizations were forced to suddenly pivot to a “work from home” environment (“WFH”) as COVID-19 spread across our country. However, many companies did not have the necessary technical infrastructure in place to support their full workforce on a WFH basis.
May/13/2020National Law Review - Coronavirus Lawsuits on the Horizon: Termination and Discrimination
A few of the prevailing trends in recent COVID-19 related labor and employment litigation and proactive steps employers can take to help avoid a lawsuit.
May/13/2020National Law Review - New COBRA Notices & Extended Deadlines May Create Traps for the Unwary: Benefits Guidance in the Time of COVID-19
Under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), when employment is terminated or hours are reduced and there is a loss of coverage, employers (generally those with 20 or more employees) must provide notices to covered employees and their covered spouses and dependent children explaining that they have the right to elect to continue receive health care coverage. In addition, when a covered employee dies, COBRA requires employers to notify the employee’s spouse and dependent children that they have the right to elect to continue health coverage.
May/13/2020National Law Review - Class Action Suit Claims ADA Requires Public Accommodation to Prevent Spread of COVID-19 at Facility
The proposed class action lawsuit, Schoengood, et al. v. Hofgur LLC d/b/a Queens Adult Care Center and Gefen Senior Group, No. 1:20-cv-02022 (E.D. N.Y.), is the first of its kind seeking to hold a place of public accommodation liable under Title III or Section 504 for not taking adequate measures, in the plaintiffs’ estimation, to prevent or mitigate the spread of COVID-19.
May/13/2020Business Insider - Fed's Powell to assess next phase of pandemic economy.
Federal Reserve Chair Jerome Powell, having overseen the rapid creation of the central bank's massive network of pandemic-era programs, turns his attention Wednesday morning to where things stand on the cusp of what may be a risky reopening occurring disparately across the 50 U.S. states.
May/13/2020Forbes - Poll: Majority Of Americans Say Gatherings Unsafe Until July
Americans remain worried about the safety of resuming normal life, with 2 in 3 saying gatherings of 10 or more will be unsafe until July in a poll released Wednesday.
May/12/2020Journal of Accountancy - SBA Issues PPP Guidance on Laid-off Employees Who Refuse to be Rehired
Businesses that received Paycheck Protection Program (PPP) loans can exclude laid-off employees from loan forgiveness reduction calculations if the employees turn down a written offer to be rehired, according to new guidance...
May/12/2020National Law Review - Reopening for Business: Permissible Medical Inquiries - and Mandatory Accommodation of Vulnerable Employees
As some states are beginning to reopen for business, new legal issues are developing, such as those involving employees who fear returning to work and the implementation of modified disaster recovery plans. Among the more persistent questions: What types of medical questions can employers require employees to answer upon returning to work?
May/12/2020National Law Review - SEC Issues FAQs Regarding COVID-19 Order
On May 4, 2020, the Securities and Exchange Commission (“SEC”) issued four frequently asked questions and related responses (“FAQs”) regarding the COVID-19 Order (the SEC’s Order issued on March 25, 2020.
May/11/2020National Law Review - NLRB Temporarily Changes Standard Notice-Posting Remedy during COVID-19 Pandemic
The National Labor Relations Board (NLRB) is beginning to address procedural disruptions arising due to the COVID-19 pandemic.
May/11/2020TLNT - Now is the time to mentor, develop employees
As many companies slow hiring during the coronavirus pandemic and its economic fallout, it is the perfect time to tap mentorship as a way to foster growth among current employees, says Katherine Plumhoff of PowerToFly.
May/11/2020Forbes - What brand purpose needs to look like right now
Businesses shouldn't attempt long-term planning during the pandemic as no one can predict what the future will look like after this period of what is "highly abnormal," writes Superunion's Jim Prior.
May/11/2020Law 360 - Judges say they are likely to rely heavily on remote courtrooms as the prospect of fully reopening the justice system to its former capacity remains a distant goal
Federal and state court judges say they are likely to rely heavily on remote courtrooms, including virtual trials, as the prospect of fully reopening the justice system to its former capacity remains a distant goal for many, and case backlogs and delays continue to mount.
May/11/2020Vox - Government loans meant to bail out small businesses could become a financial burden themselves
A new report from the Office of Inspector General found that SBA has created rules counter to how Congress intended the PPP program to be administered. SBA has mandated that 75 percent of PPP loans must be spent on payroll. The Inspector General determined that tens of thousands of borrowers have used more than 25 percent to cover operational costs; these borrowers will likely be stuck with new debt.
May/11/2020National Law Review - DHS Temporary Policy Allows Expired I-9 Identity Documents
In light of safer-at-home orders, the DHS has issued a temporary policy for Form I-9 List B identity documents. Under the policy, employers may accept certain expired List B documents from new employees. Depending on the document, employees may be required to present a valid, unexpired document within 90 days after DHS terminates the temporary policy.
May/10/2020Las Vegas Review Journal - Restaurants reopen, find no rush for new normal in Las Vegas
With restaurants getting the go-ahead to resume dine-in service Saturday, while adhering to specific protocols, an unscientific spot-check of dining corridors in Southern Nevada found a majority delaying their reopenings.
May/10/2020Canadian HR Reporter - Corporate culture takes a hit in pandemic: survey
Lower levels of employee engagement, mental health – and many considering career change
May/08/2020Mitt Romney proposes hazard pay plan for essential workers
Senator Mitt Romney presented a plan to give essential workers a temporary pay raise. Under the "Patriot Pay" plan, essential workers making less than $50,000 a year would receive a bonus of up to $12 an hour during May, June, and July. The federal government would pay for three-quarters of the raise through a refundable tax credit.
May/08/2020Biz Journals - What business leaders need to know about post Covid-19 return to work
As businesses prepare to reopen, employers will need to assess how to move forward. How can employers maintain a safe workplace for all amidst Covid-19?
May/08/2020National Law Review - Re-opening amid COVID-19: Managing Higher Risk Employees
As employers plan to re-open for business or ramp up to full operations, it is critical to prepare for return to work concerns expressed by employees who have been identified by the U.S. Centers for Disease Control and Prevention (CDC) or local safer-at-home orders as high risk.
May/08/2020National Law Review - Re-opening amid COVID-19: Managing Higher Risk Employees
As employers plan to re-open for business or ramp up to full operations, it is critical to prepare for return to work concerns expressed by employees who have been identified by the U.S. Centers for Disease Control and Prevention (CDC) or local safer-at-home orders as high risk.
May/08/2020The Verge - WhatsApp ups limit on video calls to eight people
Available now on iOS, with an Android update expected soon
May/08/2020Journal of Accountancy - SBA Extends Safe Harbor for Returning PPP Funds
The safe-harbor period for returning Paycheck Protection Program funds has been extended through May 14 by the US Small Business Administration.
May/08/2020People - Old Navy Just Launched Cloth Face Masks for Adults and Children — and You Can Get 5 for Only $13
They’re available for pre-order now
May/08/2020Axios - Why businesses say no to free money
Even when businesses are legally entitled to bailout funds, they will often avoid taking that money when faced with political or popular opprobrium.
May/08/2020Axios - China is nowhere near meeting the "phase 1" trade agreement
U.S. stocks fell sharply in the final hour of trading Wednesday after President Trump seemingly reignited the trade war, telling reporters the U.S. would be evaluating whether China has complied with the "phase 1" trade deal to buy an extra $200 billion a year of U.S. goods.
May/08/2020CNBC - Answers to your biggest questions about US stimulus programs for Covid-19 relief
Answers to your biggest questions about US stimulus programs for Covid-19 relief
May/07/2020National Law Review - WARN Act No Safe Harbor for COVID-19 Layoffs
The US DOL states that the standard provisions of the WARN Act would apply during the COVID-19 epidemic, including the provisions that call for less than 60 days of notice in certain circumstances. There are two relevant exceptions: (1) the faltering business exception and (2) the unforeseeable business circumstances exception.
May/07/2020CNN - This restaurant in Amsterdam introduced 'quarantine greenhouses' so diners can eat while social distancing
Missing restaurants while social distancing? You're not alone. One restaurant in the Netherlands, though, has found a solution.
May/07/2020Reuters - As U.S. states start to reopen, Fed official sees little sign of economic resurgence
Though states have begun to reopen their economies, it is not clear consumers are ready to venture back to the marketplace.
May/05/2020How-to-Geek - How to Reduce Microphone Background Noise on a PC
Whether you’re video conferencing with colleagues, chatting with friends, or recording content for public consumption, audio recording quality is always important. Here’s how to get a crisp, clear, audio recording and minimize background noise on a Windows PC.
May/05/2020Forbes - How Long Does It Take To Recover From COVID-19 Coronavirus And Return To Work
Recovery times tend to be about two weeks for those with mild disease and about three to six weeks for those with severe or critical disease.
May/05/2020Reuters - Texas back in business? Barely, y'all, as malls, restaurants empty
While protests across the United States demand state governments allow business to reopen and people to get back to work, the vast majority of Americans balk at relaxing stay-at-home orders too quickly, according to Reuters/Ipsos opinion polling.
May/04/2020CNBC - California Gov. Gavin Newsom says some businesses will reopen Friday, with conditions
What DOES this include? Places like:, clothing stores, florists, bookstores, sporting goods stores. All with curbside pick-up. What does this NOT include at this time? Offices (can continue telework), Restaurants (seated dining), and Shopping Malls.
May/03/2020WSJ (Subscription) - Safety Advice for Reopening: How to Reduce Your Risks as Coronavirus Lockdowns Ease
As businesses reopen, we asked public-health experts for guidance on venturing out
May/02/2020Market Watch - Millions of lost jobs may push unemployment rate to highest since Great Depression
Coronavirus could drive U.S. unemployment to 15% or higher
May/01/2020CMO - 15 Mind-Blowing Stats About Workforce Productivity
Many people from all over the United States are trying their hand at remote work for the very first time.
Apr/30/2020WSJ (Subscription) - Federal Reserve Expands Business-Lending Program
The Federal Reserve will expand loan offerings and qualification rules for its forthcoming $600 billion lending effort designed to reach small and mid-size businesses hit by the coronavirus pandemic, the central bank said today. The Main Street Lending Program, unveiled earlier this month, will now allow larger businesses to participate, and it will relax minimum-loan amounts to help more small businesses.
Apr/30/2020Databreach Today - Privacy in the Pandemic Era
IAPP's Omer Tene on Why Privacy Issues Are More Important Than Ever
Apr/29/2020JofA - AICPA Recommends Federal Loans Backed by Accounts Receivable
The AICPA, citing a continuing need for short-term liquidity in the marketplace, recommended Tuesday the creation of a federally backed lending facility that would provide loans to small businesses that pledge their future receivables.
Apr/29/2020Accounting Web - CARES Act Bestows Four Charitable Tax Breaks
During this time of national crisis, well-meaning individuals and business owners are pitching in, offering their support through various means. Accordingly, the CARES) Act includes several tax incentives for charitable giving.
Apr/28/2020USA Today - Workers face 'uphill battle' proving firms liable if they catch COVID-19 as economy reopens
A handful of states are reopening for business following coronavirus-triggered lockdowns, raising two compelling questions: Must employers ensure the workplace is safe? And will they be held liable if employees contract the virus?
Apr/28/2020Forbes - Georgia Restaurants Opened Their Doors Today—Here’s How It Went
For those that did reopen, though, it wasn’t life as normal: Restaurants are required to adhere to a set of 39 guidelines laid out by the state government, including a mandate that all employees wear masks, owners screen employees for signs of illness, and restrictions on the amount of customers allowed inside at the same time.
Apr/28/2020Washington Post - New York edges toward lifting some coronavirus restrictions in some areas in May
Hard-hit New York edged toward lifting restrictions meant to limit the spread of the deadly novel coronavirus on Monday despite a shortage of testing.
Apr/28/2020CNBC - The US will need to spend trillions more as economy takes until 2022 to fully recover: CNBC survey
GDP will decline by 24% this quarter, respondents to the survey predicted. The unemployment rate will rise as high as 19% and remain elevated through next year, they said. Other highlights of the survey: rates will remain at zero the rest of year, stocks will finish lower from here and there is a strong chance of a second contagion.
Apr/28/2020CNBC - Small business loans above $2 million will get full audit to make sure they’re valid, Mnuchin says<br> Treasury Secretary Steven Mnuchin told CNBC on Tuesday the government will perform a full audit on any company taking out more than $2 million from the small business loan program.
Apr/27/2020Daily Mail - Australia: Buffets banned, no water jugs and no standing on buses: The big changes to your everyday life that could be brought in after coronavirus lockdown restrictions are relaxed
Prime Minister Scott Morrison said review of restrictions to take place on May 11
Apr/27/2020WSJ (Subscription) - Small-Business Loan Program Resumes With Reports of Delays
The government resumed taking applications for its $660 billion aid program for small businesses hit by the fallout of the coronavirus outbreak—and with the resumption came a fresh chorus of complaints over delays and glitches in the process. The Small Business Administration’s electronic loan portal was overwhelmed by demand, according to banking industry groups, who say the process was also stymied by last-minute changes in guidance on how to submit applications.
Apr/27/2020LVRJ - Some Las Vegas Strip workers wary of returning during pandemic
It’s not just visitors who Las Vegas Strip casino operators may need to persuade to come back.
Apr/24/2020CNBC - As working from home becomes more widespread, many say they don’t want to go back
Once the economy reopens, 24% say they’d like to work either entirely or more from home compared to how they worked before, while 55% plan to head back to the office.
Apr/26/2020Marketwatch - In 3 steps, fold a T-shirt into a balaclava in 30 seconds (no elastic required)
Do you need a face mask in a hurry? This method is even easier and faster than the DIY mask video by U.S. Surgeon General Jerome Adams
Apr/26/2020CNBC - Microsoft technology chief explains how A.I. could someday help rural people get through a pandemic
Microsoft CTO Kevin Scott wrote a new book with Greg Shaw, “Reprogramming the American Dream,” which talks about the use of AI and other technology to improve the lives of rural Americans.
Apr/25/2020CNBC - He was approved for a Paycheck Protection Program loan. Here’s his advice to business owners who want one, too
The attitude of the whole team after the loan was 100% different. We can think of running the business now. - Fabian Videla
Apr/24/2020The Hill - Trump signs $484 billion coronavirus relief package
President Donald Trump has signed legislation providing $484 billion to replenish a popular small business lending program and support hospitals and COVID-19 testing amid the coronavirus pandemic. The measure includes an additional $310 billion in funding for the Paycheck Protection Program (PPP), $60 billion of which is reserved for community banks and small lenders; $75 billion for hospitals; $25 billion to support testing efforts; and $60 billion for emergency disaster loans and grants.
Apr/24/2020Accounting Today - Working From Home? Beware of the Doom Loop
We should be able to handle a few months of working from home. It’s going to be fine. Again, just make sure that none of your habits during this temporary break in our work routine turn into self-destructive lifelong habits. After 60 days, they’ll get harder and harder to break.
Apr/24/2020CNBC - US Issues New Guidance for Small Business Loans, Pressures Public Companies to Return Funds
The Small Business Administration issued new guidance on Thursday that makes it “unlikely” that big publicly traded companies can access the next round of funding for the U.S. government’s small business relief program.
Apr/24/2020Fox Business - PPP Coronavirus Loans: Forgiveness May Not be as Simple as Business Owners Think
“What’s becoming evident is on the forgiveness side, it is going to be a little more difficult than they realize,” Robert Spence, a certified financial planner at Raymond James, told FOX Business. “The devil’s in the details … "
Apr/23/2020Washington Post - How to get a small-business loan under the new $484 billion coronavirus aid package
A $484 billion coronavirus aid deal finalized Tuesday promises to breathe new life into two small-business loan programs that are designed to combat the economic devastation caused by the coronavirus.

WTMJ - $310B for small business loans likely spoken for, banks say
Small business owners still applying for loans under the government’s coronavirus relief program may end up disappointed — the $310 billion being added to the program may already be spoken for.

Apr/22/2020CNN - “We did everything right” - small businesses left in limbo waiting for government loans
The federal money for Main Street was supposed to come fast. But most small business owners still haven't received any aid from the federal government, let alone approvals for it yet -- even though many applied at the earliest opportunity.
Apr/23/2020Marketwatch - What pandemic? How Goldman Sachs and Amazon may bring the office home for these interns.
With internships from Disney to Airbnb canceled, companies are exploring bringing offices to interns’ homes
Apr/22/2020Bloomberg - Food Rationing Is New Reality for Buyers Once Spoiled for Choice
North American retailers curb purchases of milk, pasta sauce, and possible meat shortage looms as packers grapple with virus
Apr/22/2020CNN - 90% of the world's students are in lockdown. It's going to hit poor kids much harder than rich ones
The inequality gap between rich and poor, present in education systems at the best of times, is being exacerbated by school closures worldwide
Apr/21/2020LVJR - Ex-Cirque star develops COVID-19 fashion line
The Baobab Stage proprietor and former “Zumanity” artist has launched a new line of COVID-19 pieces.
Apr/21/2020CNBC - Schumer says he believes Senate will pass small business bill Tuesday, with ‘agreement on just about every issue’
Democrats and Republicans were negotiating a deal that would allocate $310 billion more into the Paycheck Protection Program. Another $60 billion would go to the Economic Injury Disaster Loan program, which offers loans for small businesses administered by the Small Business Association. Mnuchin has said the deal could include $75 billion for hospitals and $25 billion for testing.
Apr/21/2020LVRJ - Reopened Wynn Resorts will have thermal cameras, masks, CEO says
Wynn Resorts Ltd.'s CEO hopes to see the Las Vegas Strip "slowly begin" to reopen in the next month.
Apr/21/2020National Restaurant Association: Restaurants need $240 billion bailout as job losses reach 8 million
Nation's Restaurant News - NRA introduces ‘Blueprint for Recovery’ plan to ‘save the industry from ruin
Apr/21/2020Bloomberg - Marriott CEO Says Coronavirus Pandemic Will Change Hotel Stays
Marriott International Inc. is working on new ways to protect guests and hotel workers
Apr/20/2020CNBC - Marc Andreessen asks why we don’t build things anymore — here are some possible answers
His solution: We need to rekindle the desire to build things in this country. We have the money, we have the know-how, but we lack the desire.
Apr/20/2020CNBC - Insurers are denying coronavirus claims. Restaurants are fighting back
Restaurants are lobbying lawmakers and suing insurers to get their payouts.
Apr/20/2020CNBC - In-office Zooms, more breaks, testing – Dr. Scott Gottlieb offers advice to reopening businesses
Dr. Scott Gottlieb told CNBC on Monday that employers need to have specific plans in place for how to safely return workers to the office or shop floor.
Apr/20/2020CNBC - Senate nears $370 billion deal for coronavirus small business loan programs
As of Sunday night, Senate Democrats and Republicans were negotiating a deal that would allocate $310 billion more into the Paycheck Protection Program, setting aside $60 billion for rural and minority groups
Apr/20/2020WSJ (Subscription) - To Get Back to Work, Companies Seek Coronavirus Tests for Workers
Testing workers for Covid-19 could prevent the virus’s spread and boost confidence about coming back to work, but it’s no easy undertaking, medical experts say
Apr/19/2020NY Times - ‘I Didn’t Want to Shut My Doors’: Businesses Find Ways to Survive
Faced with closings and plunging sales while more Americans lose their jobs, entrepreneurs are becoming more nimble.
Apr/19/2020CNBC - How 3-D printing is helping the US fight medical equipment shortages and the coronavirus pandemic
  • COVID-19 has transformed 3-D printing, and companies like Stratasys, Shapeways and Carbon are rushing to rapidly produce much needed medical test equipment, ventilator components and face masks during the coronavirus pandemic.
  • A downside to 3-D design innovation is that many products haven’t worked, and companies in the sector have disappointed investors in financial performance.
Apr/19/2020CNBC - How the coronavirus and retail closures are accelerating the rise of Amazon
Amazon is positioned to be one of the biggest beneficiaries of the broader collapse in retail, as it attracts new customers who are stuck at home and are now turning to the platform for essential goods.
Apr/19/2020WSJ (Subscription) - Tools to Help You Keep Your Distance as More People Go Outside
Outdoor-activity apps, in-store traffic updates and augmented-reality rulers can help as social distancing gets harder
Apr/19/2020WSJ (Subscription) - Walmart’s Coronavirus Challenge Is Just Staying Open
The pandemic has put 10% of its workforce on leave and prompted the retailer to start requiring all staff to wear masks
Apr/18/2020CNBC - Here’s what life after shelter-in-place may look like in the US based on what’s happening in China and South Korea
While many parts of the U.S. are under shelter-in-place orders in an effort to slow the spread of the coronavirus, China is beginning to ease some of the restrictions on its residents.
Apr/18/2020CNBC - Could you get PTSD from your pandemic experience? The long-term mental health effects of coronavirus
Experiencing intense flashbacks, nightmares, irritability, anger and fear? In the face of a traumatic event like the Covid-19 pandemic, it’s common to feel this way.
Apr/18/2020WSJ - Young Americans Are Still Catching Up From the Last Recession. Now They Face a New One.
Millennials take stock of their finances and prepare for financial uncertainty yet again
Apr/18/2020WSJ (Subscription) - Coronavirus Forces Tech Startup Founders to Grow Up Fast
The drive to go-big-or-go-home has been replaced by a desperate effort to conserve cash just to survive
Apr/17/2020LA Times - Texas and Florida easing some coronavirus restrictions as Trump pushes for reopening
Pressured by President Trump to reopen the economy amid the coronavirus outbreak, governors across the nation on Friday laid out varying paths as they tried to balance public health with the crushing financial pressures facing the nation’s workers. Texas is opening its parks and Florida’s governor told local officials they could let beachgoers return.
Apr/16/2020WSJ (Subscription) - Funding Exhausted for $350 Billion Small-Business Paycheck Protection Program
Lawmakers again fell short of an agreement on the next round of coronavirus emergency aid as a $350 billion loan program for small businesses ran out of money and millions more Americans filed for employment benefits, bringing fresh urgency to the negotiations.
Apr/17/2020FTC - FTC Announces Latest Round of Letters Warning Companies to Cease Unsupported Claims that Their Products Can Treat or Prevent Coronavirus
Continuing its efforts to protect consumers from scams and deceptive pitches related to the coronavirus pandemic, the Federal Trade Commission announced it has sent 10 additional letters warning companies, both in the United States and abroad, to cease making unsubstantiated claims that their products can treat or prevent coronavirus disease.
Apr/17/2020CPA Practice Advisor - Coronavirus: How Accounting Firms Are Adjusting Their Business Operations
Specifically, researchers asked a group of 15 influential individuals working in local, regional and international public accounting firms about when they recognized the seriousness of the crisis, how the pandemic has affected their client and ...
Apr/16/2020SHRM - What Will Reopening Workplaces Look Like?
When U.S. mayors and governors eventually lift the social distancing orders they imposed to curb the coronavirus outbreak, reopening businesses likely won't be as simple as switching on the lights and welcoming employees back to their desks.
Apr/17/2020WSJ (Subscription) - Volkswagen Reopens Europe Plants, Offering a Vision of the Postvirus Factory
The world’s biggest car maker will require workers to check their temperatures at home, bring their own lunch
Apr/17/2020CNBC - Coronavirus bill talks will go through the weekend after small business funds dry up, Schumer says
  • Chuck Schumer said Democrats and the Trump administration will talk through the weekend about another emergency coronavirus relief bill.
  • Democrats have sought more funding for hospitals and state and local governments as Republicans try to replenish a small business loan program approved last month.
Apr/17/2020USA Today - Whole Foods is converting some stores to online-only to help meet coronavirus demand. Is your store affected?
Whole Foods Market is the latest retailer to adjust to the way consumer behavior is changing during the coronavirus pandemic.
Apr/17/2020Marketwatch - Slow Chinese economy casts doubt on speed of U.S. recovery, analysts say
Chinese consumer spending contracted by 15.8% in March
Apr/17/2020WSJ (Subscription) - A Reassuring Approach to Cooking, Three Ingredients at a Time<br> You’ll be surprised (and relieved) to find how many different meals you can get from a trio of foods you like
Apr/17/2020WSJ (Subscription) - Layoff Alternative Grows in Popularity During Coronavirus
Businesses increasingly turning to programs that reduce worker hours while providing unemployment benefits
Apr/17/2020CNBC - If Sanofi’s coronavirus vaccine works, CEO says it can produce up to 600 million doses next year
French drugmaker Sanofi expects to produce up to 600 million doses of its coronavirus vaccine next year if its clinical trials with GSK go as planned.
Apr/17/2020CNBC - New York Fed President Williams says the economy won’t be back to ‘full strength’ by end of 2020
While he sees pockets of the economy, such as construction, coming back, he expects people to continue to be reluctant to attend big public gatherings.
Apr/16/2020Data Breach Today - COVID-19 Pandemic Puts Privacy at Crossroads
Cryptologist Vanessa Teague Says It's Possible to Trace Contacts and Respect Privacy
Apr/16/2020Data Breach Today - Microsoft Issues Patches for 3 Zero-Day Vulnerabilities
Software Giant Had Previously Warned 2 Vulnerabilities Were Being Exploited
Apr/16/2020Data Breach Today - Pandemic Creates 'Perfect Storm' for Insider Threat
Researcher Randy Trzeciak on How to Monitor and Mitigate Heightened Risks
Apr/16/2020LexisNexis - Maintaining Your Law Firm’s Culture and Client Service While Working from Home
Whenever employees find themselves working from home for the very first time, they usually discover that it’s not as easy as it seems. Fortunately, most attorneys are already comfortable working remotely.
Apr/16/2020How to Geek - 6 Ways to Get More Out of Microsoft Planner
Microsoft Planner is pretty simple to use, but some of its more useful features aren’t front and center. If you’re just creating and moving tasks, here are six ways to get a bit more out of Planner. Here’s everything you need to know.
Apr/16/2020CFO - Dynamic Cash-Flow Forecasting — A Must-Have in Times of Crisis
Having a model that is dynamic, easily updated for changing conditions, and able to support iterative scenario analysis isn’t a luxury; it’s a necessity.
Apr/16/2020WSJ (Subscription) - Companies Devote Shrinking Tech Budgets to Cloud, AI
Coronavirus pandemic has put premium on technology that supports agility, according to IDC report
Apr/16/2020WSJ (Subscription) - Small-Business Aid Package Excludes Many Franchises in Coronavirus Crisis
SBA says commercial cleaners, home-repair firms and other businesses aren’t eligible for the funds
Apr/16/2020CNBC - Jeff Bezos: Widespread coronavirus testing needed before economy can get running again
In his annual shareholder letter, he said he hopes to test Amazon workers, including those with no symptoms.
Apr/16/2020US home construction collapsed 22.3% in March
Groundbreakings occurred last month at a seasonally adjusted annual rate of 1.2 million units, down from a 1.56 million pace in February, the Commerce Department said.
Apr/15/2020HBSWeek - Small Businesses Are Worse Off Than We Thought
A survey of small-business owners shows that lack of liquidity and skepticism of government programs are compounding COVID crisis recovery efforts.,%202020
Apr/15/2020CNBC - The economic data is even worse than Wall Street feared: ‘The economy is clearly in ruins here’
Consumer and manufacturing reports for March showed the hit to the economy from the coronavirus was deeper in the early weeks of the shutdown than expected.
Jon Taffer has a good idea what your favorite restaurant is going to look like when the pandemic smoke clears, and says the new key to culinary success won't be taste.
Apr/15/2020CNN - Here's why you probably shouldn't share your old senior photos on Facebook
In an act of social media solidarity with high school seniors who are finishing out their final semester at home, Facebook users are sharing their own senior photos with the hashtag #ClassOf2020.
Apr/15/2020American Banker - BankThink Dear Congress: Don’t let initial PPP be final word on small-business aid
Many small businesses are locked out of the $350 billion in stimulus loans that Congress recently authorized simply because the business owner banks with the “wrong” financial institution — a bank that does not make Small Business Administration loans or an SBA lender that opted not to participate in the new Paycheck Protection Program.
Apr/15/2020Washington Post - Another SBA program is severely backlogged, running low on fund
Small businesses that apply are supposed to receive emergency cash within three days. Many have been waiting weeks.
Apr/15/2020Data Breach Today - Investing in Cybersecurity's Post-Pandemic Future
Hank Thomas of Strategic Cyber Ventures on How the Industry Is Poised to Emerge From Crisis
Apr/15/2020Researchers: Fake Fingerprints Can Bypass Biometric Sensors
Study Shows Fingerprints Made With 3D Printer Can Fool Sensors, But Process Is Difficult
Apr/15/2020ZD Net - Raspberry Pi sales jump: Here's why the tiny computer's in demand in coronavirus crisis
Lockdown means more home and education use, plus the Pi finds a place in the battle to save coronavirus patients.
Apr/15/2020First Coronavirus Saliva Testing Site Opens In U.S. After Emergency FDA Authorization
The first U.S. coronavirus saliva testing site opens Wednesday in New Jersey after the Food and Drug Administration granted emergency authorization for the method, which healthcare experts say is quicker, more scalable and safer to administer as the virus continues to spread across the country.
Apr/15/2020Washington Post - The Technology 202: Apple is now helping officials track how well coronavirus social distancing works
Apple is the latest tech company to tap its troves of consumer data to help public officials fight the coronavirus.
Apr/15/2020Washington Post - U.S. stocks plunge amid steep fall in bank earnings, retail sales
American consumers prop up about 70 percent of the country’s economy, but spending at restaurants, retail stores, malls and the like has essentially hollowed out
Apr/15/2020Statistics Canada for first time ever releases GDP data early — and it's the worst on record
'Economic disruptions have been both deep and widespread in the month of March'
Apr/15/2020USA Today - Air travel recovery 'could take 4 or 5 years' as airlines look to split first round of government aid
The nation’s biggest airlines have tentatively agreed to terms for $25 billion in government aid to pay workers and avoid massive layoffs in an industry that has been slammed by the coronavirus pandemic.
Apr/15/2020CNBC - New York manufacturing hits record low reading of -78.2 amid coronavirus collapse
The worst reading the index had seen was -34.3 during the financial crisis.
Apr/15/2020Washington Post - Here’s what reopening the economy is likely to look like: More masks, fewer workers, high unease
The situation at the Port of Los Angeles is a case study of what’s ahead for the rest of the country when it’s eventually time to try to reopen.
Apr/15/2020Washington Post - JPMorgan Chase, Wells Fargo prepare for big economic downturn
The banks set aside billions to offset potential losses as businesses and consumers struggling with the coronavirus stop paying their bills.
Apr/15/2020Washington Post - Weed is deemed ‘essential’ in California, but many pot businesses are on the brink of failure
The industry has been hammered by high taxes, local opposition to retail stores, the vaping crisis and more. The coronavirus creates a new opportunity and another potential crisis.
Apr/15/2020CNBC - Restaurant owner says small business loan not enough to immediately bring workers off furlough
Junior’s Cheesecake owner Alan Rosen said Tuesday that the money the company has received through the small business loan program is not enough to immediately bring workers off furlough.
Apr/14/2020WSJ (Subscription) - Treasury, Airlines Reach Agreement on Aid
The biggest U.S. airlines reached an agreement in principle with the federal government on financial assistance aimed at preventing layoffs in an industry hit hard by the coronavirus pandemic, people familiar with the matter said.
Apr/14/2020Travel Weekly - Marriott says about a quarter of its hotels are closed
For the month of March, Marriott’s global RevPAR was down 60%, with North America, Asia Pacific and Europe posting RevPAR declines of 57%, 74% and 71%, respectively. In the Caribbean and Latin America, RevPAR dropped 57% for the month, while the Middle East and Africa region fell 56% decline.

Insurance Journal - Initial premium refunds for March and April coming to adversely impacted California policyholders
California Insurance Commissioner Ricardo Lara on April 13, 2020 ordered insurance companies to return insurance premiums to consumers and businesses and provide financial relief during the COVID-19 emergency. The commissioner’s bulletin covers premiums paid for at least the months of March and April — including May if “shelter in place” restrictions continue — in at least six different insurance lines: private passenger automobile, commercial automobile; workers’ compensation; commercial multi-peril; commercial liability; medical malpractice; and any other insurance line where the risk of loss has fallen substantially as a result of the COVID-19 pandemic.


The Hill - All 50 states under disaster declaration for first time in US history
All 50 states are under a major disaster declaration for the first time in U.S. history, after President Trump approved Wyoming’s declaration Saturday (April 11, 2020). The declaration makes federal funding available to the states to use to fight the spread of the virus.

Apr/14/2020InfoRisk Today - China Builds COVID-19 Recovery on Blockchain
Gartner analyst Avivah Litan says China is attempting to leverage blockchain technology in the country's COVID-19 recovery. What are the benefits and concerns of this approach, and how should it shape the future use of blockchain?
Apr/14/2020Roll Call - In letter to lawmakers, insurers say pandemic cost is too great
Insurers don’t have enough resources to cover business interruption losses in a disaster as comprehensive as the one posed by widespread small business closures from the COVID-19 pandemic, a group of insurance industry associations told two members of California’s congressional delegation.
Apr/14/2020WSJ (Subscription) - Markets Have Priced In the Lockdown Period. Now What?
Given the expected massive economic contraction, the latest stock market selloff has been relatively modest.
Apr/14/2020NY Times - How the Virus Transformed the Way Americans Spend Their Money
The coronavirus has profoundly altered daily life in America, ushering in sweeping upheavals to the U.S. economy. Among the most immediate effects of the crisis? Radical changes to how people spend their money.
Apr/14/2020Bloomberg - Hedge Fund Managers Are Claiming Bailouts as Small Businesses
Consultant warns that seeking aid shows ‘poor moral judgment’ as the loans are part of the $2 trillion package to prop up economy

Lifehacker - How to Customize Your Background in Microsoft Teams Video Calls 
Microsoft’s big office communication app, Microsoft Teams, is getting a fun new feature that makes it just as wacky as Zoom. You’ll now have the power to pretend you’re on a beach...

Apr/14/2020Accounting Today - Art of Accounting: Future of the Small Firm Amid Coronavirus
From Accouting Today - I believe the future of the small accounting firm is bright and secure. Right now there are many challenges such as the coronavirus pandemic, along with extremely unsettling moments, unpleasant client interactions, cash squeezes...
Apr/14/2020WSJ (Subscription) - The Coronavirus Economic Reopening Will Be Fragile, Partial and Slow
From airlines to car makers, companies are planning to gear up again. The new normal will look anything but.

CNBC - Hotels and retailers not paying rent due to the coronavirus pandemic spikes in April, Trepp says

Nearly 20% of all lodging CMBS loans are categorized as either “in grace period” or “beyond grace period,”  according to data from Trepp, a New York-based research firm that tracks the CMBS market.


CNBC - CARES Act opens new avenue for companies to offer 401(k)-like student loan benefits, startup Goodly CEO says

One really critical provision within the CARES Act is that it allows employers to make contributions toward their employees’ student loans tax free for the first time

Apr/13/2020IRS Lets Taxpayer Deduct Rent for a Personal Residence
Millions of Americans are now working from home due to the pandemic. The IRS so far has not issued any guidance on whether they would allow for a special deduction….

IRS - Treasury, IRS launch new tool to help non-filers register for Economic Impact Payments 
Both the Treasury Department and the Internal Revenue Service have launched a new web tool allowing for quick registration for Economic Impact Payments for those who don’t normally file a tax return.


IRS - Coronavirus Tax Relief for Businesses and Tax-Exempt Entities
Three new tax credits are available to many businesses hit by COVID-19.


Inc. - What to Do If Your Bank Is Stalling on Your PPP Loan Application  
If your companies hasn’t received relief funds and you are growing anxious, here are some options.


Data Breach Today - Safeguarding PHI During COVID-19 Crisis: Emerging Challenges
Privacy Attorney Iliana Peters on Mitigating Risks to Data as New Clinicians Recruited


Info Risk Today - Faces of Fraud 2020: COVID-19’s Impact
Panel Discussion on Detecting and Defending Against Emerging Threats


IRS Provides Guidance Under the CARES Act to Taxpayers with Net Operating Losses
From the IRS – Section 2303(b) of the CARES Act amended § 172(b)(1) to provide for a carryback of any net operating loss (NOL) arising in a taxable year beginning after December 31, 2017, and before January 1, 2021, to each of the five taxable years preceding…

Apr/12/2020IRS Grants Broad Coronavirus-related Tax Relief
American taxpayers were granted additional, broad tax filing and payment deadline relief by the IRS late on April 9, 2020, in line with the relief requested by the AICPA over the past several weeks amid the coronavirus pandemic.

Inc. - How Business Owners Are Working to Maintain Sales and Avoid Layoffs
Cash reserves, stress tests, and strategic budget-cutting can help you better absorb and predict the financial impact on your business.

Apr/11/2020CNN - How prepping for pandemics can lead to big economic returns
COVID-19 is a natural threat, the ensuing global pandemic and disruptions to the economy and our social way of life is a human-made calamity. We have a duty to prevent COVID-19 as economically as possible and we failed to fulfill it.

Marketwatch - The mortgage industry is facing a crisis because of the coronavirus — and borrowers could fall through the cracks
The $2.2 trillion CARES Act stimulus bill that President Donald Trump signed into law last month included a provision guaranteeing that any homeowner with a federally-backed mortgage could stop making mortgage payments for up to a year if they face financial hardship because of the COVID-19 outbreak


USA Today - USA Today - Her daycare was already on the brink. Then coronavirus struck.
Child care centers nationwide are in danger of closing indefinitely as the coronavirus has forced families to keep kids at home. Attendance rates at licensed child care centers plummeted by more than 70% nationwide in just one week in mid-March.


CNBC - Paycheck Protection Program aid opens for sole proprietorships and independent contractors
April 10th the first day independent contractors and self-employed individuals can apply gives small businesses access to up to $10,000 in forgivable loans to cover payroll or wages they pay themselves over the eight weeks following the signing date.

Coronavirus scams have cost consumers nearly $12 million, FTC says


MSN - Coronavirus scams have cost consumers nearly $12 million, FTC says
The US Federal Trade Commission as of Friday April 10, 2020 stated that it has received more than 15,000 fraud complaints related to the coronavirus outbreak with the latest data from the federal agency shows consumers have already lost nearly $12 million to COVID-19 scams. 

Apr/10/2020JOA - 5 Steps for Advising Clients During COVID-19 Crisis 
Firms can follow a strategic approach to navigate truly advisory, and sometimes difficult, conversations.
Apr/10/2020Inc. - How Business Owners Are Working to Maintain Sales and Avoid Layoffs  
Stress tests, cash reserves, and strategic budget-cutting can help you better predict and absorb the financial impact on your business.

MSN - Arizona pizza place uses new method to battle coronavirus: Robots
The Venezia’s New York Style Pizza location in Tempe, Ariz., teamed up with Starship Technologies to deliver pizza.


MSN - Apple and Google are building coronavirus tracking tech into iOS and Android
Two of the tech industry’s biggest players are working together to fight the coronavirus, announcing a new set of tools that could come to a majority of smartphones around the world.

Might to the delight Hilton’s DoubleTree chain shares chocolate chip cookie recipe for first time

Road Warriors can now make their favorite cookie at home.