Welcome to the Friday Edition of the Business News Headlines and we've got a bunch on tap for you today. Let's get started:
- An ugly milestone yet the markets roar;
- September is rough for Wall Street, what about October;
- Gold drops;
- A new LinkedIn feature but...be careful;
- Best & Worst cities for Minimum Wage Workers;
- The Wall Street Report;
- The slow down in the labor market is...real.
Those stories PLUS the plight of hospitals, especially rural hospitals. You'll hear from Kevin Kincaid the CEO of the Knoxville, Iowa Hospital and Clinic about what facilities across the country are hoping congress gets right. To listen, click here.
Then we'll lighten the mood with Jeff Pitts from Cityview Magazine and feature "Stuff to DO" in the Greater Des Moines Metro. Hey, it's Friday and you deserve it! To listen click here.
Thanks for coming by!
Several weeks ago our guests Brian Dieter and Gary Botine from the Mary Greeley Medical Center joined us for a conversation about the Medicare Accelerated and Advanced Payment Program or MAAPP. It's time for an update. Here Kevin Kincaid the President/CEO of the Knoxville Hospital and Clinics shares where we are and what they hope will happen in the coming weeks. Why it matters? Because the future of many, especially rural hospitals, is on the line. Meet Kevin Kincaid.
Sorry, we're a little late today. Editing took over early in the afternoon. But, hey, glad you're with us. Here is what we've got cooked up for you today:
- Ya know that second stimulus check...
- What the Fed announcement today means for you;
- Protesters brought out a guillotine...no, really;
- Some good car news it would seem;
- Some good retail news? It's about time;
- The Wall Street Report;
- Say it ain't so...the Office Romance...gone?
Those stories plus a rare two-part interview. This time it's Death and Taxes with Bruce Schmiedlin, CPA of Bruce Tax CPA. Here is part one.
And here is Part Two.
Thanks for coming by and follow us on Twitter @IOB_NewsHour!
He is a returning guest to Insight on Business the News Hour and this time Bruce Schmiedlin, CPA is in to talk about income tax implications. In this first segment he'll discuss the myths that surround the issue, the vocabulary you need to know, what "basis" means, some examples of value and when and who you need to notify about the death of a loved one. And, to help you better follow along here is a link to his talking points so you can review when you have time.
Here Bruce Schmiedlin, CPA offers Part Two of our conversation regarding income tax issues. You're just a click away from learning more about transfer designations, surviving spouse issues, no surviving spouse issues and his famous "Gotcha" segment. And, as promised here is a link to his talking points so you can stay in the loop.
While we're back in full...much of Iowa continues to lag due to the major storm that raced through the state last Monday. Calls for help in Eastern Iowa continue. Here's what we've got for you today:
- Mortgage delinquency numbers are shocking;
- Fast Food and Fast Casual seeking thousands of workers;
- What was that about oil prices today;
- Are small businesses beating the odds;
- She says the pandemic is in the "rear view mirror";
- The Wall Street Report;
- Working Moms and Dads at a "breaking point".
Those stories and a segment about the upcoming Hawkeye on Safety program that is open for everybody and...FREE to attend. To listen to Bill Gerhard and Tammi Goerdt click this link.
Strap in because this segment deals with every community in the United States. Several months ago U.S. hospitals took advantage of something called the Medicare Accelerated and Advance Payment Program or MAAPP. It was intended to assist hospitals that were too large for the Paycheck Protection Program (PPP) to pay for staffing and increased costs associated with COVID19. In addition many hospitals were told to cease "elective procedures" which also had an impact on their fiscal health. Here with us today is Brian Dieter, President & CEO of Mary Greeley Medical Center based in Ames, Iowa and Gary Botine the hospital CFO to explain the program, what it means to you and what they hope to negotiate in the coming weeks.
It was a tough day on Wall Street as several factors fed the sell off. Here are the business news stories we've got for you today:
- Fleeing high priced cities and landing good jobs;
- When will theaters reopen;
- More layoffs in the news business;
- New weekly jobless numbers go up;
- The Wall Street Report;
- Poland sues...Ikea. No, really.
Those stories plus an in depth conversation about bankruptcy with attorney Jeffery Goetz from the Bradshaw Law Firm. We're going to talk about the economy, who is being pushed into bankruptcy, the need for businesses and individuals to reach out and so much more. Listen to our conversation here.
It's one of those subjects that, due to the economic reality of the times, is top of mind among many corporations, small businesses and individuals. We're talking bankruptcy with Jeffery Goetz from the Branshaw Law Firm. What are the options? What should businesses be thinking about? Who should they reach out to? We'll also talk about two camps of businesses who now may be in trouble, student loan debt and the differences in the various forms of bankruptcy. Meet Jeff Goetz and here is a link directly to his information.
The major Wall Street markets posted quite the second quarter but will the party continue? That story and more today on the final day of June 2020:
- IRS says no more delays...pay up;
- What a national mask mandate might do;
- Your favorite home improvement store ain't who you think;
- UAW asks GM to close a Texas plant;
- U.S. families spending less on just about everything;
- The Wall Street Report;
- 1, 2, 3 strike outs today. It's a "trifecta" of closings.
Also today, for the interview you'll hear how Tero International had to completely change their business model from holding in person skills training to virtual events. How they did it, why they did it and how it's working out. My guest is Deborah Rinner the Chief Learning Officer of the company. To hear that...click here.
Thanks for listening!
