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Finance

PNC Bank 36th Annual Christmas Price Index

Michigan Business Network
November 27, 2019 10:00 AM

 

 

Whimsical Look at the Cost to Buy the Gifts in "The 12 Days of Christmas"

 

IT’S A SILENT NIGHT FOR ’12 DAYS OF CHRISTMAS’ PRICES, ACCORDING TO PNC

 

  • PNC celebrates 36th year of tallying the cost of the gifts in the classic holiday song
  • Gold rings in the season; turtle dove prices head south
  • Overall costs stay flat after a 1.2% increase in 2018 
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MI Attorney General: Issues Consumer Alert on Active Spoofing Scam Targeting Michigan Residents

Michigan Business Network
November 22, 2019 10:00 AM

LANSING – Michigan Attorney General Dana Nessel today issued a consumer alert to advise Michigan residents of an illegal robocall scam where the callers are representing themselves as employees of the Office for Victims of Crime federal agency. The scam artists are using spoofing technology, which allows them to appear as a local caller in an attempt to steal personal information, including Social Security Numbers, from Michigan residents.

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Kurt Rankin | PNC MI Fall Economic Outlook Survey

Michigan Business Beat
November 16, 2019 9:00 AM

Jeffrey Mosher catches up with Kurt Rankin, Economist and Vice President with PNC Financial Services, Pittsburgh, PA.
They discuss, the results of PNC’s MI Fall Economic Outlook Survey of Small- & Mid-Size Business Owners. Here are some of the key findings:

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It's Official: Lease Accounting & CECL Implementation Deadlines Extended

Michigan Business Network
October 22, 2019 1:00 PM

The Financial Accounting Standards Board (FASB) has officially extended implementation of the new lease accounting and current expected credit losses (CECL) standards by one year. The announcement was expected by FASB after it first voted for the extension in July, then put the proposal out for public comment, which expired in mid-September. After studying the impact of these new standards on private companies, FASB determined that they would benefit from having an additional year to comply.

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NEWS RELEASE: SBA Helped Michigan Small Businesses Access More Than $787 Million to Start, Grow and Expand in FY 19

Michigan Business Network
October 21, 2019 12:00 PM

Nationally, SBA backed more than 63,000 small business loans totaling $28+ billion in FY 19 

DETROIT – The U.S. Small Business Administration’s Michigan District helped the state’s small businesses access $787 million in capital via its various loan programs in fiscal year 2019, which ended on September 30, 2019. Across the nation, the federal agency backed more than $28 billion in loans to entrepreneurs who, without the SBA, would otherwise be unable to access loans at reasonable rates.

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Mazen Baisa: Elite, Professional, Energy! | Be Investable

Be Investable
October 15, 2019 2:00 PM

On this podcast of Be Investable is Mazen Baisa!

As the founder of YOUMAXA, Mazen Baisa delivers the truth about what flat out works against your energy, metabolism, neurobiology, vitality and everyday relationships. Through his products and programs, he gives the tools you’ve always needed but never had to run your professional life like an elite athlete and to be at the top of your game without the burnout.  

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Fred Schonenberg: How to Fuel Your Venture | Be Investable

Be Investable
September 30, 2019 2:00 PM

On this podcast of Be Investable is Fred Schonenberg!

Fred Schonenberg has helped over 100 companies, from General Mills to Beam Suntory to Netflix, discover and implement new technologies and innovations to deliver breakthrough results. Hear him discuss this and more with Michael Melfi for this episode of "Be Investable".

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Alyssa Troub | LAFCU's Financial Help for Striking Workers

Michigan Business Beat
September 20, 2019 6:00 PM

With the news of a currently ongoing UAW strike,... Jeffrey Mosher speaks with Alyssa Troub, Marketing and Communications Specialist, LAFCU, Lansing, MI, about how LAFCU has help for striking workers.
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W-4 is Changing for 2020

Michigan Business Network
September 17, 2019 2:00 PM

By Anthony Kaylin, courtesy SBAM Approved Partner ASE

The W-4 is changing. On September 20, 2018, the Internal Revenue Service (IRS) announced that the major revisions previously proposed to the 2019 Form W-4, Employee’s Withholding Allowance Certificate, will be delayed to 2020.  In August 2019, after releasing the second draft of the 2020 W-4, the IRS released the second draft of Publication 15-T, Federal Income Tax Withholding Methods, for 2020.

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Credit Analysis Workshop September 9-10 MBA, Lansing

Michigan Business Network
August 28, 2019 3:00 PM

 

Risk Assets typically compose 50-80% of a community bank’s total assets. Asset Quality is viewed by the investment community to establish the bank’s value and it form the basis of capital requirements assigned by the regulators. Therefore, managing the commercial loan portfolio from an analysis perspective is extremely important for the overall health of a financial institution.
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