Tag: Starts

Fugitive Carlos Ghosn Launches Business Initiative In Lebanon As Trial Starts In Japan

You can’t make this stuff up. The saga of fugitive Carlos Ghosn has just taken another turn. On the same day as the former Nissan CEO was appearing in public in Beirut for the first time since his January press conference to unveil a new business initiative for crisis-hit Lebanon, a Nissan employee was testifying in Tokyo that he helped former Nissan executive and defendant Greg Kelly find ways to pay Ghosn without fully disclosing his compensation. A close aide of Ghosn, Kelly was arrested at the same time as his boss in late 2018.

Now at face value, these two events do not appear to be connected. But when speaking of Ghosn, the man who found a way to beat Japan’s security measures and flee the country in a private jet, nothing is ever certain.

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BIR starts crackdown on unregistered online businesses

The Bureau of Internal Revenue (BIR) starting today will go after unregistered online businesses despite the challenges posed by the lack of physical addresses and possibly even financial documents to audit.

The BIR no longer exten­ded the Sept. 30 deadline for online-based enterprises to register as taxpayers, which had been prolonged by two more months from the original July 31 cutoff date as the taxman took into consideration the difficulty to visit their offices amid quarantine movement restrictions.

Internal Revenue Deputy Commissioner Arnel Guballa told the Inquirer that at least 7,262 web-based businesses already registered as of Wednesday morning.

With the deadline lapsed, Guballa said unregistered online businesses would now be slapped penalties similar to those imposed on tax-delinquent firms.

Guballa said the BIR was working on how revenue officers could rise above the challenges posed by the online nature of these businesses.

“How to monitor and apprehend [unregistered online

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Alton Little Theater starts new contest, hires new business manager

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Voda Idea starts upgrading 3G users to 4G



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Telecom operator Vodafone Idea Ltd (VIL) on Sunday said it has started upgrading its 3G users to 4G in key markets.

Further, the company said it is in the best position to upgrade 2G customers also to 4G, but it will continue with basic voice based services to its 2G subscribers.

“While the company will continue to offer basic voice services to its 2G users, 3G data users will gradually be upgraded to 4G in a phased manner across all markets. VIL has started informing its customers in the markets where re-farming is getting completed,” it said in a statement.

With the highest quantum of spectrum in the country and a large part of it already re-farmed for 4G, VIL is now best placed to upgrade 2G and 3G users to high speed 4G data services, Vodafone Idea managing director and CEO Ravinder Takkar said.

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Apple’s Battle Royale With Epic Games Starts for Real Next Week

(Bloomberg) — The legal fight between Apple Inc. and Epic Games Inc. kicks into full gear on Monday with decisions that will influence the future of app stores in the U.S. and how the world’s largest technology platforms make money from developers.

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U.S. District Judge Yvonne Gonzalez Rogers will decide whether to force Apple to let battle royale video game Fortnite back into the App Store with Epic’s in-house payment option. She will also rule if Apple can block third-party apps using Epic’s Unreal Engine development software.

Most legal experts expect the judge to extend her temporary injunction for Unreal Engine, but not reinstate Fortnite in the Apple App Store.

“Epic faces an uphill battle,” said Mark Lemley, a professor at Stanford Law School. “Apple’s pricing policies are problematic, and antitrust law should probably do something about it. But courts are very reluctant to dictate who a company,

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Flight Attendant Starts Successful Business Amid COVID-19

While every industry was affected by the coronavirus pandemic, the travel world was one of the hardest hit. Hotels closed, and travel restrictions made it impossible for airlines to function at full capacity. That meant everyone from pilots to baggage handlers had their hours, pay, and even jobs slashed. A new report even suggests that some 100,000 airline jobs could be lost by next week if the government doesn’t step in to help. But even with all of that downturn, one flight attendant used the extreme circumstances to get creative. 

Keith Bellatrand was a successful flight attendant until COVID-19 hit. Unemployed and with no end in sight, he had to figure out a way to revamp his career. Contemplating his skills that could bring

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Former Blizzard CEO Mike Morhaime starts new game publisher

Blizzard created one blockbuster franchise after another — “Warcraft,” “Diablo,” “StarCraft,” “Hearthstone,” “Overwatch” — while being passed around by a succession of corporate owners. That’s because Morhaime and his original partner sold the company back in 1994 for $6.75 million. All those years, no one at Blizzard — Morhaime included — owned the games they were working on. (The company is now a division of publicly-traded Activision Blizzard.) He stepped down as Blizzard’s CEO in 2018 and left the company altogether last year.

Now Mike Morhaime is back in the game business. With his wife Amy and a handful of Blizzard veterans, Morhaime has founded a game publisher and developer called Dreamhaven. The new company plans to reveal its existence Wednesday and announce it has created two studios populated by Blizzard veterans — Moonshot Games and Secret Door — that are actively working on new undisclosed game concepts.

With Dreamhaven,

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Nina Turner starts Ohio-based consulting firm focused on liberal issues

CLEVELAND, Ohio – Former state Sen. Nina Turner announced Tuesday she is forming an Ohio-based public affairs firm to provide guidance for candidates, grassroots organizations and businesses wanting to implement liberal values and policies.

Turner, a Democrat who served as co-chair of Sen. Bernie Sanders’ 2020 presidential campaign, said she is launching Amare Public Affairs, currently based in Cleveland, to assist candidates, grassroots campaigns and businesses on liberal values and movements. Marvin Hayes, who worked with Turner in Cleveland Mayor Michael White’s administration and as an adviser to Sanders’ campaign, will serve as director of the firm.

“We are living in a time when people, especially millennials and Generation Z, are demanding socially conscious solutions from governments and corporations,” Turner said in a statement. “We can build a better country and a more just society by engaging with each other in a meaningful way on the root causes of societal

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New Master in Management programme starts at re-opened INSEAD campus in France

INSEAD, the global B-school, has started its first Master in Management (MIM) programme with a batch of 97 candidates from 32 nationalities at its campus in Fontainebleau (France).

“We are impressed with the calibre and diversity of our first MIM cohort, and inspired by their dedication to making a positive impact on business and society. Our students will get the big picture from this broad management degree as well as practical tools and techniques so they immediately create value for their employers and accelerate in their career paths. Students graduating from this accredited master’s degree will be prepared to tackle the complex challenges the world is facing with a sustainable and responsible approach,” says Urs Peyer, dean of Degree Programmes.

The 14 to 16-month accelerated programme aims to provide a holistic set of skills to help students succeed in any work environment. They will also have the opportunity to study

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This Week: FedEx earns, Fed policy statement, housing starts

A look at some of the key business events and economic indicators upcoming this week:

DELIVER THIS

Wall Street expects that FedEx’s latest quarterly report card will show mixed results.

Analysts predict the package delivery company will report Tuesday that its fiscal first-quarter earnings declined from a year earlier, even as revenue rose. FedEx has benefited from a boom in online shopping as the pandemic drags on. The company recently said it plans to hire up to 70,000 seasonal workers, a big jump from 55,000 last year.


THE FED SPEAKS

The Federal Reserve delivers its latest interest rate policy update and economic assessment Wednesday.

The remarks will follow a two-day meeting of the central bank’s policymakers. At their last meeting in July, policymakers kept the Fed’s key interest rate unchanged at a record low near zero. Fed policymakers also pledged to keep rates low until they are confident that the

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