Sixteen States Whipsawed by the Pandemic

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According to the New York Times, new claims for unemployment benefits are inching down and a growing number of Republican governors around the country have announced that they are withdrawing from an array of federal pandemic-related jobless benefits. Questions: Based on this withdrawal, how many workers will lose jobless claims and over what period? What… Read more »

The Challenges of an Intern: Evidence Destruction

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According to the Washington Post, Mary Goddard, a former intern at the Sununu Youth Development Center in New Hampshire, says a supervisor suggested she destroy her notes and lie about a teen’s sexual assault allegation. Questions: What did the intern do? What happened to her supervisor? What would you have done as an intern? What… Read more »

Trustify cannot be Trusted

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According to the Washington Post, the CEO for a sort of “Uber for private investigators” called Trustify was sentenced to 97 months this week for fraud. Questions: What is the CEO’s name and age? Did the company make a profit? Explain. Originally the CEO was sentenced for 9 years. Why was his sentence shortened? How… Read more »

Ransomware Update

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According to Techrepublic.com, cybercriminals have attacked hospitals and other healthcare organizations with double-extortion ransomware attacks during the COVID pandemic. Questions: What is a double-extortion ransomware attack and how many different ransomware variants are now using the double-extortion plot? Why are cybercriminals focusing on hospitals and other healthcare organizations with these even bolder types of attacks?… Read more »

Working Remotely Causes Tax Problems for Some

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According to the New York Times, workers may have to file more than one state tax return, and in certain situations they could end up owing taxes in both states. The details depend on your home state and what state you worked in during 2020. Questions: What type of rules apply? If you end up… Read more »

SEC moves toward ESG disclosure enforcement

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According to Accounting Today, the SEC has formed a Climate and ESG Task Force in its enforcement division to identify misconduct in environmental, social and governance reporting. Questions: How are accounting firms putting more emphasis on ESG issues? What initiatives are taking place in the area of standard setting? What has a recent study found… Read more »

The Next Name Change?

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According to the Washington Post, after more than 45 years, the Cherokee Nation is asking Jeep to rename its top-selling Cherokee and Grand Cherokee vehicles before the next release. Questions: What other name changes have been requested for popular products? What brought about this movement in consumer goods and services? Was a name other than… Read more »

More about the “Make Amazon Pay” coalition

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According to the New York Times, Amazon surpasses all largest private employers in adding the number of workers in a single year. Despite this, the costs to workers is not covered by the online giant. Questions: Why does the article claim that health benefits and a 401(k) is not enough to compensate employees? Why was… Read more »

Tesla Invests in BitCoin

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According to the Washington Post and an SEC report, Tesla has invested  $1.5 billion in bitcoin and plans to start accepting the cryptocurrency as payment in the near future. Questions: As a result of Tesla’s announcement, what happened to the price of bitcoins? Alternatively, did Tesla show as much movement? How does the price of… Read more »

Slippery Slope or A Good Option for Turbulent Times?

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According to the Washington Post, shoppers who use pay-later options tend to spend more and buy more frequently than those who do not. Questions: How much are these buy-now, pay-later services going to grow by 2025? What national chains now have bi-weekly arrangements with customers for everyday purchases? Why are consumer protection experts warning against… Read more »