Business News

Wells Fargo makes cuts to home lending, Des Moines layoffs uncertain
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Wells Fargo makes cuts to home lending, Des Moines layoffs uncertain

Wells Fargo says it is making major cuts in its home lending business, a move that could result in more job losses in the Des Moines metro, where the division ― its largest private employer ― has already laid off hundreds of employees as rising interest rates have cratered the mortgage market. The San Francisco-based company said Tuesday it will exit its correspondent business — the purchase of mortgages that are originated by other lenders — and otherwise reduce the size of its mortgage servicing portfolio. It said in a statement that it “plans continue the work the company has…
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Seaspan Shipyards names new CEO – Business News
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Seaspan Shipyards names new CEO – Business News

Seaspan names new CEO Jane Seyd / North Shore News – Sep 21, 2022 / 9:42 am | Story: 386261Photo: Glacier MediaThere’s been a changing of the guard at Seaspan Shipyards. John McCarthy, chief program officer for the shipyard company for the past four years, is the new CEO and president. McCarthy replaces former shipyards CEO Mark Lamarre, who is taking over as president and CEO of The Washington Companies, the parent company of both the shipyards, Seaspan’s marine barge and tugboat division and several rail, mining and construction companies based in the US The Washington Companies announced…
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Can You Get Your PHI Back?
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Can You Get Your PHI Back?

If you had concerns about your healthcare data in the hands of your vendors, what do your contracts say in regards to getting that data back? A recent court case required a healthcare vendor to return data to the healthcare entity. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). CommonSpirit Health hired Emerge Clinical Solutions to process and archive protected health information in 2021. However, CommonSpirit Health began experiencing issues with the data extracts and was unable to reach…
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Estate Planning Mistakes to Avoid in the New Year
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Estate Planning Mistakes to Avoid in the New Year

As we come to the end of the year and are looking toward a new year, we recommend that our clients reevaluate their estate plans. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). Estate plans are incredibly important to protect future wishes, assets and families. Often, we see the same mistakes repeated over and over in estate planning. Some of the most common estate planning mistakes are the following:Not having an estate plan. The biggest issue we see…
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Telehealth in 2023 – Rickard & Associates
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Telehealth in 2023 – Rickard & Associates

Healthcare continues to utilize telehealth platforms for appointments and various services. This will continue into the new year, thanks to legislative updates. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). While telehealth continues to expand and change, there are several notable updates. So what’s new? In Michigan, the Governor just signed a bill allowing psychologists to use telehealth with clients in multiple states. They will be able to temporarily offer in-person services in other states. Michigan entered the Psychology…
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Southwest stock sinks after mass flight cancellations, scrutiny from Biden admin [Video]
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Southwest stock sinks after mass flight cancellations, scrutiny from Biden admin [Video]

Shares of Southwest (LUV) sank as much as 6% on Tuesday after the airline canceled thousands of flights, leaving passengers stranded at airports and drawing scrutiny from federal officials. Southwest had canceled more than 2,590 flights on Tuesday as of 2:30 pm ET, or about 63% of its scheduled flights, according to tracker FlightAware. The disruption exacerbated a meltdown that began over the holiday weekend and saw 2,900 flights canceled on Monday. The US Transportation Department (USDOT) said Monday evening it would investigate whether the outsized share of flights canceled by Southwest Airlines were in the company’s control. A winter…
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New retirement bill means big changes for retirement and 529 plans
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New retirement bill means big changes for retirement and 529 plans

Big changes are likely coming for Americans’ retirement savings. The changes, part of the Secure Act 2.0, were included in the sweeping end-of-year $1.7 trillion spending bill the Senate passed on Thursday. The package’s future now rests in the hands of the House, which is expected to follow Friday’s suit. President Joe Biden is expected to sign the bill into law shortly after. The new measures benefit Americans near and far away from retirement, although many provisions will not take immediate effect. Included in the broad retirement package are measures to allow employers to count employees’ student loan payments toward…
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Michael Bloomberg interested in acquiring Dow Jones, Washington Post

Photo: Chesnot/Getty ImagesMichael Bloomberg, the billionaire businessman and media mogul, is interested in acquiring either the Wall Street Journal parent company Dow Jones or the Washington Post, a source familiar with his thinking told Axios. Why it matters: Bloomberg wants to expand his media empire and sees the Dow Jones as his ideal fit, but he would buy the Post if Jeff Bezos were interested in selling, the source said.The combination of Bloomberg and Dow Jones would create an unparalleled business news behemoth.Details: Bloomberg, the source notes, would be interested in a potential acquisition of either property,…
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