When considering a meeting, ask yourself: why are we meeting in the first place? If you don’t, you might be costing the company a fair chunk of change, according to Quartz. Nestle, for example, estimates that–considering the salaries of the people involved–a bad meeting can mean $50,000 to $100,000 worth of wasted time that could better be applied elsewhere.
TIGTA says the IRS has a hoarding problem. It’s not cats, or old newspapers, or clothing they will never wear. It’s documents that should have been disposed of long ago that the service none the less continues to hold onto, costing the agency about $700,000 in storage, according to the Hill.
NYS Finance Superintendant Ben Lawsky clarified yesterday that the proposed regulations on virtual currencies, among which will be the requirement for certain parties to acquire a “BitLicense” to handle digital money, will not apply to software developers that make programs for interacting with it, according to Reuters. The proposed licensing regulation will also not apply to individual users of virtual currencies.
Not surprisingly, forecasts of the Ebola crisis’s potential impact on the global economy are grim. One worst case scenario? According to the New York Times, the World Bank predicts an economic drain of as much as $32.6 billion by the end of next year if the virus spreads to additional countries in West Africa.
Pricewaterhouse Coopers is expanding, as it plans to expand its staff by about 16,000 new people in the U.S., according to efinancialcareers. Of these, 10,500 will be entry level and 5,500 will be experienced. About 4,000 of these hires, a mix of both entry level and experienced, will be on the advisory side, particularly in management and technology consulting.