Tag: Avoid

How consumers can avoid fraud amid big sales week for Amazon, Walmart

  • With e-commerce surging during the coronavirus pandemic, Prime Day and the 2020 holiday season may be the perfect hunting ground for online fraudsters.
  • Business Insider spoke with Amazon’s former Director of Corporate Development Aaron Barfoot, who now serves as the chief financial officer of online security firm Forter. 
  • “Good online hygiene means paying attention and being alert,” Barfoot said. 
  • Visit Business Insider’s homepage for more stories.

It’s a potential nightmare for anyone who’s ever shopped online: checking your bank account or credit card statement to find that a cybercriminal has stolen your identity and run up a huge bill.

During Amazon’s two-day Prime Day sales event and the upcoming 2020 holiday season, that’s a scenario that could become reality for more shoppers than ever before. Former Amazon Director of Corporate Development Aaron Barfoot — who now serves as chief financial officer for online fraud prevention firm Forter — said that

Read More

How To Avoid A Bad Partnership In Business

Edmund Lowman is CEO of Slumber Hostel Group, a youth travel accommodation and tour experience provider in Southeast Asia.

A few years ago, I entered into what would turn out to be the worst business deal of my life. But along the way, I learned many valuable lessons on how to avoid bad partnerships.

Below are my tips for navigating business partnerships, as well what to do if you see your deal is starting to go south:

Negotiate.

The old saying, “Hindsight is 20/20,” is absolutely true. Looking back on this, we made so many mistakes that it is no surprise to me the deal went south. A few lessons to keep in mind include:

• Don’t argue with your future partners. Remember, these people aren’t your enemies. They are people you are going to presumably be doing business with for a long time. If you’re arguing and

Read More

It’s Easier to Avoid Taxes When You Own a Business. Just Ask Donald Trump (and Joe Biden).

For people who want to lowball their taxes, it helps to own a business. That can offer strategies for reducing what you owe Uncle Sam—and make you far harder to audit.

This has long been the case, but it’s in the news again in a big way for President Donald Trump, and a far smaller one for his opponent, former Vice President Joe Biden.

The tax spotlight is on Mr. Trump because the

New York Times

recently reported that it has obtained and analyzed years of his tax-return data despite his refusal to release it. The Times raised questions about his tax compliance, and Mr. Trump derided its reporting but provided no details. The Times’s report hasn’t been independently verified.

Mr. Biden, who has released years of returns, has been called out for employing a tax move the Obama administration wanted to end. In 2017 and 2018 he avoided as

Read More

Trump will avoid town hall questions; McConnell said he hasn’t been to White House because of lax COVID rules

The next presidential debate has been moved to a virtual format, but President Donald Trump says he will not participate and has asked that the next two debates be delayed a week instead.

Who won VP debate? Vice President Pence and Sen. Harris squared off

UP NEXT

UP NEXT

The Commission on Presidential Debates announced Thursday that the Oct. 15 town hall debate (in which voters ask the questions) would be remote to “protect the health and safety of all involved” amid the COVID-19 pandemic and Trump’s positive COVID-19 diagnosis. 

While Trump said he wouldn’t take part (he called the virtual debate a “joke”), the Biden campaign, however, said they would. But did not agree to delays. 

Start the day smarter. Get all the news you need in your inbox each morning.

“Donald Trump doesn’t make the debate schedule; the Debate Commission does,” said Kate Bedingfield, deputy campaign

Read More

Want to make a million after the market crash? I’d avoid Bitcoin and buy cheap UK shares

The stock market crash has led to an abundance of cheap UK shares. However, at the same time, many investors are moving away from FTSE 100 and FTSE 250 buying opportunities in favour of other assets such as Bitcoin.



a man and a woman sitting on a boat: Happy retired couple on a yacht


© Provided by The Motley Fool
Happy retired couple on a yacht

Certainly, the virtual currency has produced impressive gains in recent months. For example, it has risen almost 50% this year while the FTSE 100 has moved 20% lower.

Loading...

Load Error

However, in the long run undervalued shares could offer superior returns than the cryptocurrency. Their low valuations could even help you to make a million.

Cheap UK shares with recovery potential

The track record of the stock market shows that buying cheap UK shares can be a profitable long-term strategy. Indexes such as the FTSE 100 and FTSE 250 have experienced a number of downturns over recent decades. While

Read More

GreatNuts.com Fights to Avoid Selling its Business in Covid Aftermath of Losing Nuts on Airlines

ARLINGTON, Texas, Sept. 28, 2020 /PRNewswire/ — Two major airlines dropped their nuts from their first class cabins in March due to COVID-19.  The nut mixes were served in ramekins, and the airlines wanted to reduce transactions between flight crews and passengers. With nowhere to go with several hundred thousand pounds of nuts, the airline nut supplier, GreatNuts.com, began selling bags of the mixed nuts at near cost in their store, at their plant, and online at GreatNuts.com. The company sold 100,000 pounds of mixes from June to date, but is still left with more than 200,000 pounds of ingredients to make into mixes. Additionally, there are the contracts.

Kim Peacock, President and Owner, explains, “Nut markets are volatile. To guarantee a locked-in price for a year, we had to sign contracts with brokers, who in turn sign contracts with growers. We were only about three months into

Read More

Business leaders urge UK government to avoid no-deal Brexit



Carolyn Fairbairn wearing a blue shirt: Photograph: Stefan Rousseau/PA


© Provided by The Guardian
Photograph: Stefan Rousseau/PA

Business leaders have heaped pressure on the government to agree a last-minute Brexit trade deal after a survey showed that more than three-quarters backed an agreement with Brussels.

The CBI warned ministers that only 4% of company bosses from a survey of 648 said they supported a no deal Brexit, while 77% said they wanted a deal.

Businesses reported that the pace of decline in parts of industry had eased, but half of respondents said the impact of dealing with Covid-19 had negatively affected preparations for Brexit.

The study showed that private sector activity fell in the quarter to September, but at a slower pace, adding to concerns from the British Chambers of Commerce and Make UK, which represents manufacturers, that the recovery has stalled across much of the economy.



Carolyn Fairbairn wearing a blue shirt: Dame Carolyn Fairbairn, CBI director general, has said ‘a deal can and must be made’.


© Photograph: Stefan Rousseau/PA
Dame Carolyn Fairbairn, CBI director general, has said

Read More

Apple to Let Facebook Online Events Temporarily Avoid 30% Cut

Apple said that after the reprieve through the end of 2020, Facebook will be required to implement the in-app-purchase system. The iPhone maker noted that it gave the same exemption to Airbnb Inc. and ClassPass.

Facebook rolled out a live events feature in August that lets business owners charge people for live video streams such as a workout class. Facebook criticized Apple at the time for collecting a 30% fee on those transactions — the company’s standard fee for in-app purchases — claiming publicly that Apple was hurting small businesses impacted by the coronavirus.

“The App Store provides a great business opportunity for all developers, who use it to reach half a billion visitors each week across 175 countries,” an Apple spokesperson said. “To ensure every developer can create and grow a successful business, Apple maintains a clear, consistent set of guidelines that apply equally to everyone.”

Despite the temporary

Read More

How to avoid the top 3 small business mistakes

As a small business owner, you want the very best for your company. You want satisfied customers, you want to provide the best value and you want to grow — with as few issues and as much profit as possible.

Putting out fires and overcoming hurdles have been in your job description for as long as you can remember, but you may not realize how many issues you can avoid with just a few changes. 

In the bustle of day-to-day operations, you have a lot on your plate. It’s easy to overlook issues, big and small, that could be holding you back. That’s why our sponsor, Dell Small Business, is here to help. Read on for the top 3 mistakes small business owners are making and the pro tips on how to avoid them.

1. Saying “yes”

In most small businesses, the owner is a jack-of-all-trades and does everything to

Read More

Microsoft Has a Remarkably Simple Way to Help Your Team Avoid Burnout While Working Remotely

Working from home wasn’t supposed to be a thing that most people did for more than a few weeks. It was just a temporary situation in response to what most people thought would be a short-term circumstance. That was the idea, at least at first. Now, six months later, there’s very little end in sight, and it’s starting to take a very real toll on both individuals and organizations. 

One of the biggest problems is that the boundary between work and everything else in our lives has blurred considerably now that we do almost all of it in the same space. People who used to commute for 20 or 30 minutes (or in many cases even longer) now walk from the bedroom to the kitchen where they set up their laptop on the dining table. 

As a result, Microsoft’s latest  Work Trend Report shows that people are spending, on average,

Read More