Month: August 2020

Business Insider credit card reviews: Updated for 2020

By Elroy Mariano 3 weeks ago

Airline credit cards

If you’re loyal to a specific airline — or even if you just travel with the same airline multiple times a year — it could be worth holding a co-branded credit card to get a free checked bag, priority boarding, and other perks. Airline credit cards run the gamut from entry-level to premium options, and the best choice for you will depend on how frequently you travel.

Alaska Airlines Visa Signature credit card — Alaska miles are very valuable, and also hard to come by. Alaska’s co-branded card (with a $75 annual fee) is a great way to earn them, and you also get a companion fare each year. Read the Alaska Airlines Visa review.

Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®— This is one of the best credit cards for American Airlines flyers, offering 2x miles at gas stations, restaurants, and eligible American Airlines

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Coronavirus vaccine development ‘is just like Diana Ross and The Supremes,’ expert says

By Elroy Mariano 3 weeks ago

coronavirus vaccine could lead to a vaccine becoming publicly available before it’s proven to be safe.” data-reactid=”16″Some health experts are worried that the race for a coronavirus vaccine could lead to a vaccine becoming publicly available before it’s proven to be safe.

“It’s just like Diana Ross and The Supremes,” Dr. Michael Saag, an associate dean for global health at the University of Alabama at Birmingham, said on Yahoo Finance’s The Ticker (video above). “You can’t hurry love and you can’t hurry vaccine development. The reason I say that is that we need the time to see if the vaccine actually works and we need to see if it’s safe.” 

Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases (NIAID), stressed that rushing a vaccine could do more harm than good. 

told Reuters. “One of the potential dangers if you prematurely let a

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Former California Agent Charged in $55K Insurance Fraud

By Elroy Mariano 3 weeks ago

Former Westlake Village, Calif., insurance agent has been arraigned on multiple felony counts of grand theft, burglary, and financial elder abuse for allegedly stealing over $55,000 in clients’ insurance premiums, state insurance regulators said.

According to the California Department of Insurance, Joseph Schimmel, while doing business as Schimmel Insurance Services Inc., from December 2018 through December 2019 victimized six clients by collecting $55,564.66 in insurance premiums and failing to place the appropriate coverage. Four of the clients were seniors.

The CDI alleged Schimmel funneled their money to his own personal account and failed to purchase their insurance coverage. The alleged embezzlement left Schimmel’s clients uninsured.

The case is being prosecuted by the Los Angeles County District Attorney’s Office.

Schimmel self-surrendered Aug. 21, 2020, to the Los Angeles County Superior Court in San Fernando. Bail was set at $180,000 and he was released on his own recognizance.

The Department of Insurance

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Stimulus check money: A $1,200 payment might still be sent out in 2020

By Elroy Mariano 3 weeks ago

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Calculate the maximum payment that could end up in your pocket if another stimulus package comes your way.


Sarah Tew/CNET

Whether negotiators can formally restart talks for another stimulus package , or coronavirus relief picks up in another form, it’s still possible you could see a second stimulus check for as much as $1,200 per person in 2020. 

“We all want to find an agreement,” Nancy Pelosi told MSNBC on Aug. 27.

A number of factors will affect how much money you could receive. Negotiators will first have to compromise on the size of the next rescue bill, how much of that money will go toward direct payments and what the qualifications would be based on factors like your adjusted gross income.  

If the parameters from the first stimulus check are used as guidelines for a new round of payments, we can help you determine how your stimulus check

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Bielat Santore & Company Launches “Resources Library” Page on Website

By Elroy Mariano 3 weeks ago

Classified in: Science and technology, Covid-19 virus

ALLENHURST, N.J., Aug. 27, 2020 /PRNewswire-PRWeb/ — It has been nearly six months since New Jersey restaurateurs have had customers dining inside their restaurants after Governor Phil Murphy ordered all food and beverage establishments to close indefinitely on March 16th. The drastic measures were an attempt to stop the spread of the coronavirus, a disease that has swept the globe affecting millions of people. With no reopening date in sight, restaurant owners have tried to keep their businesses afloat with outdoor dining and takeout services. But as summer comes to a close, reality is setting in; the year 2020 may be the demise of countless hospitality businesses.

Bielat Santore & Company’s mission since Day 1 ? March 16th, has been to assist owners and operators of restaurants, bars, banquet halls, hotels and the liReske in navigating through the coronavirus closures.

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4 Perfect Stocks to Buy for Beginners

By Elroy Mariano 4 weeks ago

valuation surge to $11.2 billion. Its not surprising considering the fact that the company added 3 million new customer accounts at the beginning of fiscal year 2020. As markets continue to trade near all-time-highs, retail investor interest remains elevated. Capital preservation is one of the most important objectives when selecting stocks to buy for beginners.” data-reactid=”12″With another round of funding, Robinhood has seen its valuation surge to $11.2 billion. Its not surprising considering the fact that the company added 3 million new customer accounts at the beginning of fiscal year 2020. As markets continue to trade near all-time-highs, retail investor interest remains elevated. Capital preservation is one of the most important objectives when selecting stocks to buy for beginners.

Initial losses might scare new investors from markets that have consistently been able to beat most asset classes in the long term. Even if there

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Frances Coppola: Mr. Powell, If You Want Higher Inflation, Give People Money

By Elroy Mariano 4 weeks ago

Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession.

The Federal Reserve has just announced a change to its inflation targeting regime. Instead of shooting to hit 2% every year, it will aim to achieve 2% “on average” over an unspecified period of time. So, if inflation runs below target in 2020 and 2021 because of a pandemic-induced recession, the Fed might allow inflation to rise above 2% and stay there during 2022 and 2023, thus achieving an average of 2% from 2020 to 2024. The idea is that by allowing inflation to run “moderately” higher, the Fed could maintain low interest rates and quantitative easing [QE] long enough to achieve full employment, rather than starting

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Zendesk to Present at Upcoming Investor Conferences

By Elroy Mariano 4 weeks ago

These press releases may also interest you

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DuPont Nutrition & Biosciences announced today the opening of a new Animal Nutrition manufacturing capability in Wuxi, China. The new plant operation will provide the local animal production industry with customized solutions according to DuPont’s…
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Ivey Engineering, Inc. (IEI), an engineering consulting firm, is pleased to announce that Charu Vijay of Sarasota, Calif., is the winner of the summer 2020 bi-annual scholarship essay contest. Vijay, an environmental engineering major, plans to…
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Coastal Detox recently launched its new website redesign. The redesign features easier navigation and a video tour of the facility, including its tranquil zen garden, comfortable client rooms, the dining room, and common areas, the wellness center,…
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The field of veterinary artificial intelligence (AI) technology is growing rapidly, and pet insurance companies are taking notice and expanding coverage. One of those insurance companies ?

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AmEx, Already Small-Business Card King, Wants More With Kabbage

By Elroy Mariano 4 weeks ago

(Bloomberg) — American Express Co. is acquiring the teams and technology behind the online lender Kabbage Inc. as the credit-card giant seeks to provide more loans and other services to small-business owners.

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Details of the acquisition talks emerged last week, and AmEx said Monday in a statement that the deal won’t include Kabbage’s pre-existing loan portfolio. Those loans, including ones tied to the federal government’s Paycheck Protection Program, will be managed and retained by a dedicated entity when the deal is completed, AmEx said. It didn’t disclose other terms of the transaction.

AmEx has been encouraging its credit-card customers to borrow more on its products, and is now bringing that strategy to its small-business unit. Already the largest credit-card issuer in that sector, AmEx will use the deal to offer more cash-flow management tools and working-capital products to mom and pop operations.

“The current crisis has been hard

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New York files insurance fraud charges against opioid makers…

By Elroy Mariano 4 weeks ago

Aug 18 (Reuters) – New York Governor Andrew Cuomo said on Tuesday the State Department of Financial Services had filed charges against Teva Pharmaceuticals and Allergan Plc over their role in the opioid crisis.

The agency alleges that Teva and Allergan engaged in fraudulent marketing and promotional campaigns that misrepresented the safety and efficacy of opioid drugs to expand the market and promote their drugs, according to the statement.

Teva and Allergan did not immediately respond to Reuters’ requests for comment. (Reporting By Mrinalika Roy in Bengaluru; Editing by Anil D’Silva)

Our Standards: The Thomson Reuters Trust Principles.

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