On July 27, only hours after the Senate passed, by a vote of 64-33, a pared-down version of the Creating Helpful Incentives to Produce Semiconductors for America (CHIPS) Act (H.R. 4346), Senate Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) announced they had reached an agreement on a budget reconciliation package. The reconciliation legislation, called the Inflation Reduction Act of 2022 (IRA) (H.R. 5376), is a much pared-down version of the House-passed Build Back Better (BBB) bill. After...

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On Tuesday, the International Monetary Fund updated its annual World Economic Outlook, providing a gloomy economic outlook for the world economy. According to the IMF’s outlook, global GDP growth will be limited to 3.2% for this year and 2.9% for the coming year. The figure is already down significantly from the 6.1% projected last year. According to the IMF’s analysts, a “tentative recovery in 2021 has been followed by increasingly gloomy developments in 2022 as risks began to materialize,” referencing...

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This is the final blog by Dwight Davis, Datacolor Regional Sales Manager, in our series about finding the right tools for digital color management. In this series, we covered how to begin your search, making the business case for color management, the different types of color measurement instruments and more. Our goal is to help you make the best decision possible for your company’s needs. Whether you’re investing in digital color technology for the first time or you’re upgrading your existing...

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There are many Advantages and Disadvantages to hiring freelance employees. Freelancing is becoming more common in the fast paced economy, with surveys showing freelancers made up 35% of the U.S. work force in 2016. With this increase in freelancing, stable, full-time employees are becoming less common, but it is important for employers to know the advantages and disadvantages of freelancers before making the switch. Advantages With the freelance economy growing, freelancers offer many advantages to companies. Freelancers cost less than full-time employees....

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This month’s newsletter provides an overview of recent changes in Canadian and American immigration. Here are the most recent news since the beginning of the pandemic and travel restrictions as of July 27, 2022. Applying for a work permit with the A75 exemption code as the holder of a CSQ Please note that it is no longer possible to submit a work permit application with the exemption code A75 as the holder of a Quebec Selection Certificate (Certificat de sélection du Québec)...

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A “down-round” occurs when a company raises new capital according to a valuation lower than that had been used in the previous financing. While this might be seen as a last resort, it becomes less unusual and actually useful in a turbulent economic landscape like the current one. In fact, when a “down-round” is justified by factors that are outside of a company’s control, such as the current concurrence of a pandemic-induced crisis and inflation shocks, it should not...

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Reimbursement and licensing regulations that once restricted telehealth services have relaxed in recent years, fueling massive investment in telemedicine companies and provider implementation of telehealth modalities. A study by McKinsey shows that telemedicine now comprises between 13% to 17% of all health care visits and that hundreds of billions of dollars will be shifted into virtual or virtually enabled care. Any entities that plan to invest or are already invested in digital health companies, entities that contract with them, or...

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This article was initially published in Reuters Breakingviews, NEW YORK, July 25 | Russian President Vladimir Putin’s invasion of Ukraine shocked the world, forced Western countries to respond, and is driving up the cost of energy and food across the globe. High prices in the United States may spell electoral disaster for President Joe Biden’s administration in November’s congressional elections. However, the most urgent economic, social, and human crises are unfolding in poorer countries where populations face war, spillover-driven inflation,...

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In this week’s Roar: labor unrest hits the US West Coast while the East Coast imports spike, UK ports looking to ‘Level Up,’ top ways technology can help supply chains, and the bad stuff lurking in shipping containers. Bill AB5, California’s new law that restricts outside contractors, continues to stir up the trucking industry. The Port of Oakland has been dealing with some slowdowns since last week as truckers protest. They’ve blocked the truck gates and access to container terminals....

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