Insight On Business the News Hour

The Business News Headlines 28 August 2020

Welcome to the Friday Edition of the Business News Headlines and a reminder that we're back on Sunday at Noon with Insight on Business the News Hour - Week in Review only on News/Talk 1540 KXEL.  Here is what we've got for you today:

  • Yet another job cut from a major corporation;
  • We get to peek at a new Jeep next week;
  • Tesla and a 5:1 stock split details;
  • Changes in the Dow come Monday;
  • MGM Casinos laying off thousands;
  • Lord & Taylor is...toast;
  • Amazon buying lots of vehicles both electric and conventional;
  • The Wall Street Report
  • Americans are saving...billions...and how they are doing it.

Usually on Friday we being you "Stuff to DO with Cityview" with Jeff Pitts. A light hearted look at events in the Greater Des Moines Metro. However, Jeff is a bit under the weather so we're skipping this week. It's the first time we've not done that in years.  We wish Jeff a speedy and full recovery.

You can follow us on Twitter @IOB_NewsHour

Thanks for coming by! 

The Business News Headlines 27 August 2020

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!

 

When a Loved One Passes - Income Taxes - Part One

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.

When a Loved One Passes - Income Tax Implications - Part Two

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. 

The Business News Headlines 26 August 2020

It's the early edition of the business news headlines for Wednesday the 26th of August. Thanks for being with us again.  Today:

  • Women to leave the workforce in mass?
  • A dire warning about Social Security;
  • China lags in U.S. purchases but...
  • Las Vegas isn't booming...it's busting;
  • Cash strapped colleges being asked for more money;
  • The Wall Street Report;
  • And some good news: Flavored Setzler!

Thanks for coming by and join us on Twitter @IOB_NewsHour.  

The Business News Headlines 19 August 2020

It's the 19th Day of August and we've got these business news headlines for you...thanks for coming by!

  • The Fed threw some cold water today;
  • Oil prices flat, but could have been worse;
  • New Trump Administration sanctions;
  • Nearly 40% of Americans are nearly out of cash;
  • Walmart & Target sales soar...but still worried;
  • The Wall Street Report;
  • Looking for a gig?  Amazon is hiring;
  • Burger King gets creative and we talk about it.

Thanks for coming by.

The Business News Headlines 11 August 2020

Back for the Tuesday Edition of the Business News Headlines...once again, no power at our studio so we've had to grab some different gear.  They say, here in Iowa there are over 250,000 without power due to a storm that raged through yesterday morning.  Here is what we've got for you today:

  • Thousands are closing but nobody knows how many;
  • Mortgage delinquencies are on the rise;
  • How folks in Germany pay for stuff;
  • Amazon headed to the Motor City;
  • Shares of a service we've been using for months fall;
  • The Wall Street Report;
  • Former Vice President Joe Biden has made his pick.

Thanks for listening!

The Business News Headlines 10 August 2020

Welcome to the Monday Edition of the Business News Headlines... And, it's been quite the day. A major storm rolled thought Central Iowa this morning knocking down power lines, taking roofs off of buildings and leaving nearly 20,000 without power. Like...us.  So today we cobbled together a different mic, power source and more to deliver these stories:

  • Amazon to come to the aid of...Malls?
  • Blue Chips came alive today;
  • We've got a new housing report;
  • Changes coming to Uber and Lyft;
  • The president and Social Security;
  • We know what you've been buying and will share;
  • The "essential workers" that may soon be unemployed.

Thanks for listening...

Hospitals Facing Difficult Decisions & Time is Ticking

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.

The Business News Headlines 5 August 2020

Welcome back to the business news headlines for Wednesday the 5th day of August. Here is what we've got for you today:

  • It was all smiles on Wall Street;
  • Mortgage rates dive once again but...;
  • The Dakota Access Pipeline is a zombie;
  • Exxon is having "issues" with reserves;
  • Young people and the economy...it ain't pretty;
  • Bad news for movie theaters;
  • The Wall Street Report;
  • Tesla has a new rival and investors dig it.

Thanks for listening! 

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