The Future Looks Bright !!

first_imgTo read more from Steve Browne on Everyday People Blog, please click here. This past week I had a very cool experience !! I was one of the judges for the SHRM Student Case Study competition. I sat with two other great HR pros from the area as we heard graduate students from various schools give their take on an HR scenario. It was very cool to hear their approaches which ranged from a traditional HR viewpoint to some that were extremely creative.I was so geeked to see so many students come in and share. It helped to continue to dispel the stereotype that the most recent generation is so “different” and just doesn’t “get it” like other generations. I wasn’t surprised because this isn’t new. There have always been generations in the workplace. The stigma that has been assigned to younger people is from older generations. We have fallen into the same trap that we said we would never fall into when older generations made broad generalizations about us. We hated it, but it hasn’t stopped us from doing the same thing.I think we need to have a serious change of heart and be the generation that encourages and lifts up the newest folks. Let me ask you a question . . .Do you remember when you got into HR?Most people don’t start in HR, they fall into it. I’m one of those outliers who has been in HR for my entire career (on purpose). When I started though, I was pretty much on my own. I taught myself what I thought was correct, but to be honest, my efforts had to be limited because I didn’t look outside of what was within my reach. I must have missed areas. I did what I had to, but I could have done better.I didn’t know having someone who was also in HR as a mentor was needed. The truth is, I didn’t think someone like that even existed. I was wrong on this account as well. When I finally reached out and connected with other HR pros, I found some great people who are still mentoring me to this day several years later.Now, back to these students.We can be the ones who reach out to them now to be their connections and mentors. They don’t have to “earn their stripes” in order to struggle as they enter HR. We can be the ones to share our experiences with them and make sure that they are not left to try and figure out this industry on their own.We have the chance to help shape not only the future of these great young people, but we can help shape the future of our profession !!Wouldn’t it be great to help these kids who are interested in joining our field have a great experience coming into HR? How would they see our generation, and how would we see theirs, if we did more to build each other up instead of trying to focus on generational differences?The future of HR is bright !! I was able to see this first hand. I plan to reach out to these students and connect with them now and going forward. I’d love to see them succeed now and become the leaders of HR to come. I want to break the cycle and not be the stereotype of my generation. Will you be willing to join me? I hope you will !!last_img read more

Tesla blames crash on braking system, not AutoPilot

first_imgDavid Curry 5 Ways IoT can Help to Reduce Automatic Vehicle… The first fatality while using AutoPilot, Tesla’s semi-autonomous system, happened in May this year in a 2015 Model S. It has changed the debate surrounding autonomous cars, leading to calls to remove AutoPilot from Model S cars and slow down industry adoption of the tech.However, the New York Times revealed Tesla has moved the blame to a fault in the automatic braking system, according to a staff member at the Senate Commerce Committee, which is currently investigating the crash.See Also: Tesla fatality can’t dissuade NHTSA from self-driving upsideThe two systems, automatic braking and AutoPilot, are apparently separate in the Model S. That has raised eyebrows amongst some, who thought that the AutoPilot would be able to control most of the car’s systems while online.“Those systems are supposed to work together to prevent an accident,” said Karl Brauer, a senior analyst at Kelley Blue Book, to NYT. “But either the car didn’t know it had to stop, or it did know and wasn’t able to stop. That involves Autopilot and the automatic braking.”Tesla has been investigating the crash for a few months now, trying to identify why the car’s radar was unable to recognize the tractor crossing the roadway. Tesla’s CEO Elon Musk has tweeted a few details from the investigation, but there’s still no concrete answer from the automaker.Tesla & NHTSA want benefits of self-driving knownAt the same time, Musk has also defended the AutoPilot beta program and ensured that drivers are safer thanks to it. That has been difficult to quantify however, since there isn’t the same uproar over someone saved by the autonomous system as there is for someone that died from it. But even the U.S. National Highway Transportation Safety Administration (NHTSA) wants the overall safety benefits evaluated before it will kibosh all autonomous technologies.If the crash was caused by an automatic braking system, it might remove the fear surrounding AutoPilot, at least partially. Though is it any better that a widely adopted system failed instead of AutoPilot?We’ll have to wait and see. Consumer confidence in Tesla appears to still be high, if you count stock valuation and car purchases as metrics of confidence. Musk’s defence of AutoPilot and vision of the future may have diminished some fears of the system and of Tesla as well. For Self-Driving Systems, Infrastructure and In… IT Trends of the Future That Are Worth Paying A…center_img Break the Mold with Real-World Logistics AI and… Related Posts Tags:#automatic braking#Autonomous car#AutoPilot#Internet of Things#IoT#Model S#NHTSA#Self-Driving#Tesla last_img read more

Proposed Regulations Provide Guidance on Base Erosion and Anti-Abuse Tax (BEAT) (NPRM REG-104259-18; IR-2018-250)

first_imgProposed regulations provide much anticipated guidance on the base erosion and anti-abuse tax (BEAT) under Code Sec. 59A and related reporting requirements. The regulations are proposed to apply generally to tax years beginning after December 31, 2017, but taxpayers may rely on these proposed regulations until final regulations are published.Code Sec. 59A was added by the Tax Cuts and Jobs Act (P.L. 115-97) (the Jobs Act) and imposes a tax on base erosion payments of taxpayers with substantial gross receipts. The tax is equal to the base erosion minimum tax amount for the tax year. The Jobs Act also added reporting obligations regarding the BEAT for 25-percent foreign-owned corporations subject to Code Sec. 6038A and foreign corporations subject to Code Sec. 6038C.Proposed BEAT RulesThe proposed regulations generally provide rules for determining whether a taxpayer is an applicable taxpayer on which the BEAT may be imposed and rules for computing the taxpayer’s BEAT liability. In particular, the proposed regulations provide rules:– 1. for determining whether a taxpayer is an applicable taxpayer on which the BEAT may be imposed ( Proposed Reg. §1.59A-2);– 2. for determining the amount of base erosion payments (Proposed Reg. §1.59A-3(b));– 3. for determining base erosion tax benefits arising from base erosion payments (Proposed Reg. §1.59A-3(c));– 4. for determining the amount of modified taxable income, which is computed in part by reference to a taxpayer’s base erosion tax benefits and base erosion percentage of any net operating loss deduction (Proposed Reg. §1.59A-4);– 5. for computing the base erosion minimum tax amount, which is computed by reference to modified taxable income (Proposed Reg. §1.59A-5);– 6. for applying the proposed regulations to partnerships (Proposed Reg. §1.59A-7);– 7. that are specific to banks and registered securities dealers;– 8. that are specific to insurance companies;– 9. that disregard certain transactions having a principal purpose of avoiding Code Sec. 59A (anti-abuse rules) (Proposed Reg. §1.59A-9);– 10. regarding the general application of the BEAT to consolidated groups (Proposed Reg. §1.1502-59A);– 11. addressing limitations on a loss corporation’s items under Code Secs. 382 and 383 in the context of the BEAT (Proposed Reg. §1.383-1); and– 12. regarding reporting and record keeping requirements under Code Sec. 6038A.Proposed Applicability DatesConsistent with the Code Sec. 59A applicability date, the proposed regulations (other than the proposed reporting requirements for qualified derivatives payments (QDP)) are proposed to apply to tax years beginning after December 31, 2017. However, taxpayers may rely on these proposed regulations for tax years beginning after December 31, 2017, until final regulations are published, provided the taxpayer and all related parties consistently apply the proposed regulations for all those tax years that end before the finalization date.The proposed reporting requirements for QDPs apply to tax years beginning one year after the final regulations are published. However, the simplified QDP reporting requirements are proposed to apply to tax years beginning after December 31, 2017.Any provision that is finalized after June 22, 2019, will apply only to tax years ending on or after the date of filing of the proposed regulations in the Federal register.Comments and Hearing RequestsWritten or electronic comments and requests for a public hearing must be received by the date that is 60 days after the proposed regulations are published in the Federal register. Send submissions to CC:PA:LPD:PR (REG-104259-18), room 5203, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be hand delivered Monday through Friday between the hours of 8:00 a.m. and 4:00 p.m. to CC:PA:LPD:PR (REG-104259-18), Courier’s desk, Internal Revenue Service, 1111 Constitution Avenue, NW., Washington, DC 20224, or sent electronically, via the Federal eRulemaking Portal at www.regulations.gov (IRS REG-104259-18).Proposed Regulations, NPRM REG-104259-18IR-2018-250Other References:Code Sec. 59A– CCH Reference – 2018FED ¶5461A– CCH Reference – 2018FED ¶5461C– CCH Reference – 2018FED ¶5461E– CCH Reference – 2018FED ¶5461G– CCH Reference – 2018FED ¶5461I– CCH Reference – 2018FED ¶5461K– CCH Reference – 2018FED ¶5461M– CCH Reference – 2018FED ¶5461O– CCH Reference – 2018FED ¶5461Q– CCH Reference – 2018FED ¶5461S– Code Sec. 383– CCH Reference – 2018FED ¶17,204D– Code Sec. 1502– CCH Reference – 2018FED ¶33,145D– CCH Reference – 2018FED ¶33,148B– CCH Reference – 2018FED ¶33,190B– CCH Reference – 2018FED ¶33,193ABCCH Reference – 2018FED ¶33,193FCCH Reference – 2018FED ¶33,209Code Sec. 6038ACCH Reference – 2018FED ¶35,561ADCCH Reference – 2018FED ¶35,561BDCCH Reference – 2018FED ¶35,561DDCode Sec. 6655CCH Reference – 2018FED ¶39,572BTax Research ConsultantCCH Reference – TRC INTL: 18,206Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

Keys to Victory: Ginebra-Meralco Finals series

first_imgDon’t miss out on the latest news and information. Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games MOST READ It’s going to be a battle of adjustments and creativity with both coaches known to stick to a system. With both sides evenly matched, Cone and Black would have to figure out a way to gain the slightest advantage in what promises to be a series to go the distance.Great wall of GinebraAs if Ginebra’s small-ball tactic last season wasn’t dangerous enough, Cone unearthed a scheme opposite of that with the return of Greg Slaughter.With the Cebuano giant back in the fray, the Gin Kings have toyed with their roster and at times, unleashed a killer frontcourt five with a guard joining Slaughter, Japeth Aguilar, Justin Brownlee, and Joe Devance on the hard court.It shouldn’t come as a surprise, too, that Ginebra is second in the league in rebounds with 55.19 boards per game and first in blocks with 7.75 rejections per outing.Expect the Gin Kings to make the most of their strength and pound the ball down low.Bombs away BoltsHow do you counter that size advantage? Meralco’s way is drawing those bigs to the outside.The Bolts have capitalized on the power of the three-ball, topping the league with their 37-percent clip, much to Black’s delight.Baser Amer, Jared Dillinger, and Reynel Hugnatan have been fearless in hoisting those long balls, but Meralco’s arsenal just got deeper with the additions of Ranidel de Ocampo, Garvo Lanete, and Mike Tolomia, all of whom are ready to light it up once their hands wax hot. For the second year, Ginebra and Meralco meet anew in what promises to be a slam-bang clash for the 2017 PBA Governors’ Cup championship.Last time these two met, fans were treated to six tightly-contested affairs–which were settled by five points or less and which ended in an Justin Brownlee’s buzzer-beater three that gave Ginebra the crown.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingA year after, the Bolts and the Kings— with same faces and new additions in their line ups—are ready for war again and it would be interesting to see how different things turn out this time.Here are INQUIRER’s keys to victory for this best-of-seven series. LATEST STORIES Jordan delivers on promise: 2 Cobra choppers now in PH Now the biggest challenge for the Bolts is consistency in making their shots.All the small thingsWhat makes Ginebra’s league second-best offense work is its efficiency on the floor with its 46.10-percent shooting.Going 50.25-percent from two and 34.87-percent from three, the Gin Kings have been making the most of their shots.But with a series likely to decided on a couple of points, every basket matters, and that’s Ginebra’s achilles heel. The Gin Kings are the league’s worst free throw shooting team, going 64.29-percent from the charity stripe despite hoisting a league-high 434 free throw attempts.Meralco, on the other hand, have been diligent in capitalizing on those free points, going 73.02-percent from the 15-foot line to pair with its 44.68-percent field goal shooting.While a freethrow may just be a point, in a series expected to be down the wire at all times, these small things matter the most for each team.The sixth manIt’s been well-documented how the raucous crowd influence Ginebra games in the past.The Gin Kings have admitted how the audience have helped them get out of danger, while players from the other side also bared being a bit rattled by the rowdy crowd. Can we call it a rivalry now?ADVERTISEMENT And with Game 1 set at Quezon Convention Center in Lucena, as well as Games 5, 6, and 7, if necessary, scheduled at Philippine Arena in Bocaue, expect the troves of ka-barangays to come out and support their team.However, Meralco import Allen Durham shared that after his team’s runner-up finish last year, the Bolts are more than ready to tune that noise out.“The crowd is not going to be a factor,” he confidently said.Sports Related Videospowered by AdSparcRead Next Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’center_img Pasaol reminds Pumaren of ‘joyous’ PBA great Meneses No more menthol cigarettes: New ban on tobacco, vape flavors Winter storm threatens to scramble Thanksgiving travel plans Trump to designate Mexican drug cartels as terrorist groups Argentine bishop appears at court hearing on abuse charges ‘A complete lie:’ Drilon refutes ‘blabbermouth’ Salo’s claims Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Coaching chess matchIt’s easy to assume that series going down as offense-versus-defense, given the Gin Kings’ high-octane style against the Bolts’ grindhouse system.After all, Ginebra’s been averaging 103.7 points per game versus Meralco’s 98.19, but the Bolts are only allowing opponents to 89.8 markers per outing against the Gin Kings’ 98.8.But looking past that gives us a meeting of the minds as two of the most decorated and highly respected mentors in the league today engage in a coaching chess match.Tim Cone, seeking for ring no. 20, and Norman Black, who’s in search for his ninth title, square off anew for only the second time in the championship stage, with the first, of course, being last year’s duel.ADVERTISEMENT View commentslast_img read more

CBI chargesheet: Kunal Ghosh supported Saradha’s business

first_imgTrinamool leader Madan MitraIt has been known for long. And now the Central Bureau of Investigation (CBI) chargesheet in the Saradha scam has confirmed the nexus between the ruling Trinamool Congress in West Bengal and the chitfund group.The chargesheet has revealed how a media house, Pratidin Prakashani, was used to promote the deposit collection business of the Saradha Group. The media house, which had Trinamool leader Srinjoy Bose as one of its editors, managed the editorial content of a television channel. Through the television channel, Saradha Group showed that its deposit collection business had Pratidin’s backing. A prominent Trinamool leader appeared in a television programme to promote the Saradha Group as well.Loot businessThe chargesheet, a copy of which is in possession of MAIL TODAY, also revealed that Trinamool leader and West Bengal Sports Minister Madan Mitra, along with Bose and suspended Trinamool MP Kunal Ghosh, abetted the loot of investors’ money by Saradha Group. The second supplementary chargesheet, which was filed in February, said both Bose and Ghosh had clear knowledge about Saradha’s actual business.The probe revealed that in June 2010, when reports started emerging about illegal chitfund companies in the state, a meeting between Trinamool leaders Bose and Ghosh, and Saradha kingpin Sudipta Sen was held. Following the meeting, a Memorandum of Understanding (MoU) was signed on September 8 of 2010 between Bengal Media Pvt Ltd and Pratidin Prakashani Private Ltd. Bose was the editor of the newspaper Sangbad Pratidin of the Pratidin Prakashani.As per the MoU, both the parties agreed to run Channel 10 jointly, wherein the editorial content of the television channel was the responsibility of Pratidin. “Thus the main source of funding in compliance to the conditions of the agreement with Pratidin House was from M/S Saradha Chargesheet reveals TMC-Saradha nexus SANDEEP ADHWARYU Realty India Ltd, which was raising deposits from public illegally through various investment schemes under the garb of selling products and services?” the chargesheet said.advertisement”Investigation further disclosed that Channel 10 used to provide support to the deposit collection business of the Saradha Group by creating an impression about the sound business of the group. The channel was also used to counterbalance any adverse publicity against illegal deposit collection business of Saradha Group,” it pointed out.The chargesheet added that in one such programme, aired on Channel 10, Kunal Ghosh had appeared and very strongly supported the business of Saradha Group. “It would be pertinent to mention here that Kunal Ghosh was appointed CEO by Channel 10 with manifold increase in his salary? The circumstances above support the contention that the whole arrangement between Pratidin and Saradha Group was ill-designed?” the chargesheet added.Referring to Madan Mitra, the chargesheet says: “During 2009 Madan Mitra was invited by Sudipta Sen to his Saradha Garden project where Mitra visited and addressed a gathering? in his speech Mitra praised Sudipta Sen for bringing employment opportunity for the youth. He praised expansion of business of the Saradha Group and assured his support.”last_img read more