A federal grand jury has charged two operators of payment processing companies with bank fraud. The grand jury in Chicago charged the two Illinois men — Michael D’Ambrose, 62, of Chicago, and Scott Apgar, 43, of Roscoe — with 16 counts of bank fraud, the...
The groundswell against the app stores and their commissions comes to the states. Apple and Google have been in regulators’ crosshairs at the federal level, and in the courts, over the operating structure of their app stores. More specifically, scrutiny had focused on how those tech...
With COVID-19 cases rising in Illinois, operators of small- to medium-sized businesses (SMBs) in heavily populated areas face new shutdowns — measures likely to be all the more painful economically because of looming winter weather that will make options such as outdoor dining unattractive, The...
Unemployed workers in at least four states who are coping with layoffs from the impact of the coronavirus now have another worry, NBC News reported. Arkansas, Colorado, Illinois and Ohio have warned tens of thousands of residents who have applied online for unemployment benefits due to COVID-19...
February 10, 2020
The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), […]
April 22, 2019
“You can’t teach an old dog new tricks” — so goes the dim, cynical saying. That would seem to apply to credit unions (CUs), and to Consumers Credit Union of Illinois specifically, one...
October 29, 2018
A handful of states — most recently Illinois — have changed labor laws and business mileage reimbursement practices. Tracking gas costs, and paying employees for insurance and registration fees, is no...
December 08, 2022
A federal grand jury has charged two operators of payment processing companies with bank fraud. The grand jury in Chicago charged the two Illinois men — Michael D’Ambrose, 62, of Chicago, and Scott Apgar, 43, of Roscoe — with 16 counts of bank fraud, the U.S. Department of Justice said in a Thursday (Dec. 8) […]
October 25, 2020
With COVID-19 cases rising in Illinois, operators of small- to medium-sized businesses (SMBs) in heavily populated areas face new shutdowns — measures likely to be all the more painful economically...
May 22, 2020
Unemployed workers in at least four states who are coping with layoffs from the impact of the coronavirus now have another worry, NBC News reported. Arkansas, Colorado, Illinois and Ohio have warned...
May 12, 2020
Help is on the way for beleaguered states facing a record number of jobless claims. Google and Amazon Web Services are assisting Rhode Island, Kansas, Illinois and New York in...
