Month: August 2020

U.S. evangelical leader Falwell to leave university after personal scandal

WASHINGTON (Reuters) – Jerry Falwell Jr, a towering force in the U.S. evangelical Christian movement whose endorsement played a key role in President Donald Trump’s 2016 victory, has resigned as president of Liberty University, the school said on Tuesday.

Falwell’s dramatic departure as head of one of the world’s largest Christian universities came a day after Reuters reported that a business partner of the Falwell family had come forward with a stunning allegation: that he had been in a years-long sexual relationship involving Falwell’s wife and the evangelical leader.

To read the Reuters report about the affair, click here

Falwell, who for over a decade served as president of the university founded by his father, did not respond to a request for comment.

Tuesday’s announcement from the university put an end to a day of fevered back-and-forth over Falwell’s fate. Falwell, 58, had initially agreed to resign shortly after the

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Insurance Compliance Software Market to See Huge Growth by 2025: Xanatek, AgencyZoom, Fiserv, Oracle

Edison, NJ — (SBWIRE) — 08/26/2020 — Insurance compliance software is designed to assist insurance providers to meet complicated regulatory guidelines which differ on both the state and national levels. The policy providers should meet the regulations of each state. This software help insurance agencies address to meet compliance challenges, streamlining the process of maintaining compliance. The major benefits of insurance compliance software are consolidating compliance activities, ensures timely and accurate reporting, navigates multi-state filings, monitors compliance activity.

AMA Research published a new research publication on “Global Insurance Compliance Software Market Insights, to 2025” with 150+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Insurance Compliance Software market was mainly driven by the increasing R&D spending across the world, however latest COVID scenario and economic

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PROS Recognized for Artificial Intelligence Innovation in SalesTech with 2020 AI Breakthrough Award

PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced that it has been selected as the winner of the “Best AI-based Solution for Sales” award in the 2020 AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market today.” data-reactid=”20″PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced that it has been selected as the winner of the “Best AI-based Solution for Sales” award in the 2020 AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies

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How businesses can help end the prison-industrial complex

Enslavement continues in the U.S. It’s called prison, and American businesses have historically been heavily invested in the prison system.

The 13th Amendment, enacted at the close of the Civil War, didn’t exactly end slavery when it stated “Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States.” This loophole made room for authorities to work around the abolition of slavery and gave birth to the American prison-industrial complex. Today, oppressive laws and policies continue to expand the reach and impact of that system rooted in enslavement and unjust, even torturous practices condemned by the Western world—from solitary confinement, withholding or delaying healthcare, and retaliatory practices from judges who increasing sentences for people who reject plea bargains to the outright murder of prisoners.

[Photo: Avril Morgan/iStock]

In America, Black people are incarcerated at five times

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How Small Businesses Adapt To Survive In Times Of Crisis

Retail sales through July season-to-date are flat to last year according to the US Census Bureau. However, the breakdown by category shows a sawtooth of performance across categories. Discount stores and warehouse clubs, grocery stores and home improvement stores have performed well amidst the COVID-19 pandemic with sales increases of 7.4%, 14.7% and 12.7% respectively. However, some segments of the retail industry have suffered greatly and many of these include categories where small businesses operate. Gift card shops and vintage clothing stores along with other miscellaneous stores are down 6.6%, clothing and accessories stores are down 41.5% and sporting goods and hobby stores are down 3.0%. 

Small businesses have unique challenges when crises hit

Small businesses have unique challenges and are constantly concerned with

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Kayleigh McEnany Shares Personal Story: President Trump Called To Check On Me | Video

Press Secretary Kayleigh McEnany shared an emotional personal story at the Republican National Convention.

MCENANY: I’m Kayleigh McEnany. You may know me as a supporter of President Trump, but tonight I’m here to share with you how he supported me both as a new mom and as an American with a pre-existing condition. When I was 21 years old, I got a call that changed my life. It was my doctor informing me that I had tested positive for the BRCA2 genetic mutation, a mutation that put my chances of breast cancer at 84%. It was the same mutation that my mom had compelling her to get a preventative double mastectomy, removing her breast tissue, but protecting her from a disease that has taken far too many of our mothers, our sisters, our friends. In my family, eight women alone were diagnosed with breast cancer, several in their young twenties.

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Sri Lanka- Allianz Lanka Strengthens Life Insurance Business

(MENAFN – Colombo Gazette) Announces Senior Management Appointments

The board of directors of Allianz Life Insurance Lanka Limited announced the appointment of Jayalal Hewawasam as the Chief Executive Officer (CEO) with effect from 20th August 2020. The move is part of Allianz Lanka’s efforts to further strengthen its Life Insurance business to drive market expansion and business growth.

Counting over two decades of experience in strategic leadership and sales management across various sectors, Jayalal holds an MBA from the Postgraduate Institute of Management (PIM) of the University of Sri Jayewardenepura. He is a Fellow Member of the Chartered Insurance Institute, UK (FCII) and a Chartered Insurer. He is also a Fellow Member of the Chartered Institute of Marketing, UK (FCIM) and a Chartered Marketer.

Coming at a crucial juncture, Jayalal will go a long way in strengthening Allianz Life Insurance Lanka Limited’s ongoing efforts to remodel its Agency channel in

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How Apple’s Stock Split Will Affect the Dow Jones Industrial Average

Apple (NASDAQ: AAPL) announced a 4-for-1 stock split when it reported fiscal third-quarter results last month, the first such corporate action since the last split (7-for-1) occurred back in June 2014. While stock splits are generally meaningless in terms of fundamentals due to the way that math works, the move will actually have a significant impact on the Dow Jones Industrial Average (DJINDICES: ^DJI).

Here’s why.

Exterior of Apple Store in Bangkok, Thailand at night

Image source: Apple.

No longer No. 1

For starters, you have to recall that the Dow is unique among all major benchmarks: The index is price-weighted instead of market-cap-weighted. Individual stock prices are fairly arbitrary, especially relative to a company’s overall valuation, again thanks to math. The S&P 500 and Nasdaq Composite are both market-cap-weighted, so companies with larger market caps have a greater influence over the index’s daily fluctuations.

Japan’s Nikkei 225 is another example of a price-weighted index. Incidentally, there was

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Money Experience Summit 2020: Accelerating The Future Of Money

SILICON SLOPES, Utah, Aug. 27, 2020 /PRNewswire/ — MX, the leading financial data platform enabling organizations to develop, launch, and power new money experiences, today announced that the first annual Money Experience Summit, Sept. 1-2, has expanded to include 8 keynotes, more than 40 breakout sessions and 15 on-demand product sessions. Starting next week, the two-day digital event will feature the financial industry’s foremost thought leaders and practitioners discussing how to accelerate the future of money and deliver data-driven money experiences.

Participants can register for the event for free to hear from dozens of organizations driving the money experience, including Adidas, Bankrate, Betterment, BNY Mellon, Cornerstone Advisors, Dosh, Digital Growth Institute, Dwolla, Experian, KeyBank, M&T Bank, North Face, Origin Bank, FormFree, Regions Bank, SavvyMoney, SoFi, Synovus, TD Bank, The Financial Brand, UC Irvine, Umpqua Bank, and WaFd Bank.

“COVID-19 has accelerated the need for digital solutions, and organizations

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Kayleigh McEnany to share personal story in Republican National Convention address

EXCLUSIVE: White House Press Secretary Kayleigh McEnany will speak at the Republican National Convention Wednesday night, sharing a personal story and recalling President Trump’s support of her as a working mother, Fox News has learned.

A senior White House official told Fox News that McEnany will deliver live remarks around 9 p.m. Wednesday night, sharing a deeply personal story that she doesn’t frequently discuss publicly.

THE 2020 REPUBLICAN NATIONAL CONVENTION: WHAT TO KNOW

“During one of my most difficult times, I expected to have the support of my family, but I had more support than I knew,” McEnany is expected to say.

The official told Fox News that her story is something that every woman is affected by in some way, but that isn’t discussed enough, and will involve her experience with the American health care system.

White House press secretary Kayleigh McEnany speaks during a press briefing at the White House, Wednesday, May 20, 2020, in Washington. (AP Photo/Evan Vucci)

White House press secretary Kayleigh McEnany speaks during a press briefing at the

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