Tag: benefit

Weekly initial unemployment benefit claims in N.C. rise for first time since mid-July | Local

Initial unemployment-insurance benefit claims in North Carolina increased last week for the first time in nine weeks, the U.S. Labor Department reported Thursday.

North Carolina had 14,882 claims for the week that ended Oct. 3, up from a revised 12,627 the previous week.

The last time there was an increase was the week that ended July 18.

With the increase in initial UI claims, North Carolina moved up two spots to having the 13th highest UI claim filings in the nation. The state’s highest weekly total for UI claims related to the COVID-19 pandemic is 172,745 for the week that ended March 28.

Nationwide, there were 840,000 initial claims filed last week, down from a revised 849,000 the previous week.

By comparison, the national weekly peak to date was the 6.87 million claims filed the week that ended March 28.

There were 25.5 million individuals with an active claim as

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Mastercard Poised to Benefit From Shift to Digital Payments

The shift in payment space to e-commerce works in Mastercard Inc.’s MA favor because of its resilience and differentiated business model. This  includes a global payment network,  technologically advanced products and services, security and a strong brand name that is well-acknowledged by the consumers.

The COVID crisis accelerated the use of electronic modes of payment with greater adoption of digital and contactless solutions. Changing consumer trends include a preference for contactless remittances, rapid uptake of e-commerce and an increased aversion to cash, a merchant requirement to omni-channel acceptance and a need for automating B2B payments. Notably, each of these provides an opportunity for Mastercard to capitalize on.

Mastercard is pushing forward its click-to-pay service, which is a smarter and a secure way to make online payments. The company is differentiating its click-to-pay offering through an additional layer of security enabled by new data, AI and machine learning technology.


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How HPE’s GreenLake Central Can Benefit Enterprises

GreenLake Central is a SaaS platform that provides customers a portal to run, manage, and optimize their hybrid information technology (IT) assets.

Fremont, CA: GreenLake Central is a new SaaS-based platform and its primary function is to unify its existing offerings by providing the customers with a single software platform that they can use to manage their clouds. The platform has backed the strategy to build an edge-to-cloud portfolio as-a-service, which will help the customers transform how they do business. Accelerating the digital transformation with cloud services’ help, the platform will compare performance, governance, security, and cost from the edge to the core and cloud. 

This offering allows every user to access a one-of-kind console from which the organization can run and achieve powerful business outcomes. This will also enable the CIO to be a strategic service broker; simultaneously, the organization could gain from a consistent cloud experience, which would

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SCHOTT AG and Credence MedSystems Form a Strategic Collaboration Agreement to Make Syringe Injections Safer for the Benefit of Patients Worldwide

MAINZ, Germany & MENLO PARK, Calif.–(BUSINESS WIRE)–Oct 5, 2020–

Credence MedSystems and SCHOTT AG have formed a collaboration for the application of Credence Companion® technology with SCHOTT’s pre-fillable syriQ® glass and SCHOTT TOPPAC® polymer syringe systems. The two companies will work together to integrate the technologies and provide the pharmaceutical industry with an innovative and differentiated offering for the delivery of injectable medications via prefilled syringes.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201004005004/en/

Pharmaceutical manufacturers are driven to provide their end users with drug delivery systems encompassing enhanced usability and safety features that facilitate administration of their medications, protect from accidental needlesticks, and adhere to international needlestick regulations. They look for these systems to be compatible with the variety of available syringe barrel options that meet varied needs across multiple drug product and use environment requirements.

Credence MedSystems, an innovator in injectable drug delivery technology, has

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Camarillo business drives funding of cannabis initiative, stands to benefit

The political committee backing an initiative for commercial production of marijuana in Ventura County has spent nearly $1.5 million and raised nearly all its campaign funding from a business that stands to benefit.

a close up of a green plant: Marijuana


More than 99% of the $1.7 million raised came from Glass Investments Projects, Inc., according to public documents filed by Ventura County Citizens for Responsible Cannabis Cultivation, the committee promoting Measure O on the November ballot.


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The business would like to see its patented climate-control technology implemented in the greenhouses where the marijuana would be grown, said Jeanette Lombardo, CEO of Glass Investments Projects.

“This is simply a business investment,” said the executive at the patent management company in Camarillo. 

Election 2020: Two candidates running for Camarillo City Council in District 4

The company would make money from sales and consulting on use of the technology, she said. 

The initiative

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White House proposes $400 unemployment benefit in stimulus package

  • The White House is proposing a $400-a-week federal unemployment benefit as part of its stimulus package.
  • It would be retroactive to September 12, Roll Call first reported.
  • There appears to be early agreement among lawmakers and the White House that any federal benefit should pick up where a program from the administration left off.
  • “I think a lot of it is probably cost, and some of it is trying not to interact with a really weird program we don’t fully understand,” Michele Evermore, an expert on unemployment, told Business Insider.
  • Learn more about the race for a coronavirus vaccine in our live event on October 5. Sign up here.

The White House is proposing to restore federal unemployment benefits at $400 a week as part of its $1.6 trillion stimulus plan offered to Democrats on Wednesday, Bloomberg reported.

The plan would be retroactive to September 12 and expire on January

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White House backs $400 per week jobless benefit in last-ditch COVID talks with Congress

“We raised our offer to $1.6 trillion,” McEnany told reporters Thursday. “It’s one that she is is not interested in.”

Mnuchin and Pelosi are scheduled to talk by phone early Thursday afternoon, a Pelosi spokesman said.

The Trump administration is pressing for an agreement, more so than Capitol Hill Republicans.

The White House plan, offered Wednesday, gave ground with a $250 billion proposal on funding for state and local governments and backed $20 billion in help for the struggling airline industry. Both areas are of great interest to Democrats’ union backers.

Details on the White House offer were confirmed by congressional aides, speaking on condition of anonymity to discuss closed-door discussions.

Pelosi postponed debate Wednesday on a Democratic alternative measure. A vote is likely on Thursday, spokesman Drew Hammill said, depending on how the Mnuchin-Pelosi exchanges go.

At the very least, the positive tone set by Pelosi and Mnuchin represented

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Investors give Baltimore’s Facet Wealth $25 million to sell businesses on financial planning as a benefit

Yesterday, Baltimore-based fintech company Facet Wealth said it raised $25 million in financing as it readies a new business line pitching financial planning as an employment benefit to businesses looking to recruit top talent.

Employment benefit packages are expanding beyond the basic gym membership and healthcare to include subscriptions to Netflix, discounts on delivery and ride-share services, and other perks. So why not financial wellness?

Fringe pitches a monthly stipend for app purchases and subscriptions as the newest employee benefit

The thesis certainly managed to attract a big-money backer, with Warburg Pincus, the multi-billion dollar private equity investment firm which doubled down on its commitment with the new financing into the company.

The company said the latest round would be used to finance the expansion of Facet Wealth’s direct-to-consumer business even as it readies its employee benefit service for launch.

Already customers are signing up for pre-launch partnerships to get

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How these business certifications can benefit your salary and career

a man sitting at a table using a laptop

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Getting an MBA is a certain way to move up the career ladder and earn more money, but it’s not always a feasible option due to time and financial constraints. However, it’s still possible to move forward with your business education and advance your career by getting a professional certification—a distinction that makes a significant difference salary-wise. In Canada, a typical business analyst without additional certifications makes an average salary of about $59,000 per year . By contrast, a Certified Business Analyst Professional™ (CBAP) in Canada earns roughly $82,000 per year , creating a $23,000 salary jump just for getting the CBAP certification.

If you’re a business professional interested in earning more without an MBA, the Business Analysis Certifications Practice Tests Bundle allows you

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Who Can Benefit Most From the Ink Business Unlimited Card

With dozens of different travel rewards cards to choose from, it’s not enough for a savvy points collector to just look for the biggest sign-up bonuses or the highest bonus spending categories.

If you really want to maximize your point collecting, then you need to understand which cards best match your spending habits. We took a deep dive into the benefits, perks and costs of the Ink Business Unlimited℠ Credit Card to determine who most needs to have this card… and who should avoid it.

If you are a new business owner

The Ink Business Unlimited℠ Credit Card has one very powerful perk that sets it apart from many other business cards: 0% on Purchases for 12 months, and then the ongoing APR of 14.74% – 20.74% Variable APR. This means that you won’t have to make any interest payments on your credit card balance for an entire year

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