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MINNEAPOLIS — The brazen killing of UnitedHealthcare CEO Brian Thompson has captivated the nation this week, as authorities continue to search for the man who fatally shot the Maple Grove resident outside an investors’ meeting in Manhattan earlier this week. As of Friday afternoon, police were testing DNA from a water bottle and examining a fake New Jersey ID and a cellphone that may be connected to the suspect, the New York Times reported . Friday evening, investigators found a backpack in Central Park like the one that had been carried by the shooter, police said. According to the Times, it was unclear if the gun used in the shooting was found in the bag. Investigators believed the gun possibly was fitted with a suppressor, or might have been a veterinary gun used by farmers and ranchers to put down animals without making a loud sound. The FBI also announced Friday night a $50,000 reward for information leading to an arrest and conviction. Here’s what else we know about the case, the company and Thompson himself: No motive as manhunt continues Authorities continue searching for the man who shot and killed Thompson in Manhattan. They have not released a name or motive. The shooter approached Thompson from behind and fired several times before he fled into an alley nearby and then hopped on an e-bike and rode north to Central Park, police said. The day after Thompson’s death, Maple Grove police reported bomb threats against two homes the family owns in the city. Investigators on Thursday released photos that partly reveal the face of a person of interest in the case. Authorities found at least one bullet casing on the scene with the word “deny” on it, reviving criticism of a company and industry that became known for denying medical care claims. Minnesota health care companies step up security Minnetonka-based Medica temporarily closed its headquarters Friday amid a “general feeling of vulnerability and concern” as insurers faced mounting online vitriol in the wake of Thompson’s killing. UnitedHealth Group’s note of remorse about Thompson’s killing has attracted more than 83,000 laughing emoji reactions on Facebook. A spokesperson said the company’s offices will be closed through Dec. 13, citing safety concerns that sprang up following Wednesday’s shooting. Other insurers have taken similar steps to reduce the visibility of top executives. While Minneapolis-based UCare remains open, its front doors were locked Friday morning. “Of course Brian Thompson’s murder — and the ensuing vitriol on social media — sent shockwaves throughout our industry,” UCare said in a statement. “We have no reason to believe there is any danger specifically to our team. At the same time, there is a general feeling of vulnerability and concern.” Thompson’s killing has prompted companies, especially those in health care, across the country to step up security. “It’s a wake-up call for a lot of companies,” said Glen Kucera, the New York-based president of Enhanced Protection Services, an arm of security company Allied Universal. “Unfortunately, it sometimes takes an event like this to impact change in the threat landscape.” What we know about Brian Thompson Thompson lived in Maple Grove . His wife, Paulette, works as a physical therapist with HealthPartners. They have two teenage sons, 19 and 16. Thompson worked at UnitedHealthcare for 20 years and was named its CEO in 2021 . The Minnesota Star Tribune reported this year that Thompson was among the state’s top-paid executives with a total compensation of $9.1 million. Both Thompson and his wife graduated from the University of Iowa, where he got a bachelor’s degree in business administration in 1997. He graduated with special honors. While Thompson wasn’t well-known to his neighbors — one said he was “very quiet” and another said “no one really knew him” on the block — his killing shook co-workers and local business leaders. He was known as a champion for UnitedHealthcare’s support of the Special Olympics and an advocate for American Sign Language access across health care. “Brian was a principled leader and a true champion in the healthcare community,” Roberta Antoine Dressen, CEO of local trade group Medical Alley, said in a statement. UnitedHealthcare is one of Minnesota’s largest employers UnitedHealthcare is the largest insurer in the U.S. It’s owned by Minnetonka-based UnitedHealth Group, which employs more than 400,000 people. It’s Minnesota’s 10th-largest employer — approximately 19,000 of its employees are stationed here. The company has its roots in the development of the health maintenance organization model of health care pioneered by Dr. Paul Ellwood in the 1960s and ‘70s. UnitedHealthcare has been criticized by media and elected officials because of the way the company reviews and denies requests and claims for medical care. The U.S. Senate Permanent Subcommittee on Investigations announced in October that UnitedHealthcare and two other major Medicare insurers inflated profits by denying seniors stays in care facilities while they recovered from injuries and illnesses. The company went from denying 10.9% of cases in 2020 to 22.7% in 2022, according to a report from the subcommittee. Minnesota lawmakers barred UnitedHealthcare and other HMOs from the state’s Medicaid program earlier this year. ©2024 The Minnesota Star Tribune. Visit startribune.com . Distributed by Tribune Content Agency, LLCAfter two years of delays, the IRS is finally moving forward with a new tax reporting rule that will impact freelancers and side hustlers. The tax agency will require services like PayPal , Venmo or Cash App to issue tax form 1099-K to anyone who earned more than $5,000 in income via third-party payment apps. If you make freelance or self-employment income , you should already be paying taxes on your total earnings, even if you don't receive a 1099 form. This isn't a new tax requirement; it's a tax reporting change. The IRS will be switching the reporting requirement to payment apps so it can keep tabs on transactions that often go unreported. This new rule will only require third-party apps to report income earned -- the IRS isn't interested in the money you sent to your family or friends to pay rent or split a dinner bill. This new tax reporting rule was first announced in 2021 to capture income over $600 that was paid through third-party payment apps. It was supposed to go live in 2022, but was delayed two years in a row. In 2023, the IRS announced that 2024 would be a transitional tax year, to give payment apps more time to prepare for the change. Instead of the $600 minimum, only individuals who made more than $5,000 in income through third-party apps would receive a 1099-K. "Prior to 2024, the earnings threshold was $20,000 and 200 transactions to receive a 1099-K tax document," said Mark Steber, chief tax information officer for Jackson Hewitt. If you earned $5,000 or more through third-party payment apps this year, you should receive a 1099-K to report your income when you file your tax return in 2025. Here's everything you need to know about this reporting change. Read more: Updated IRS Federal Tax Brackets Could Boost Your Paycheck Next Year. Here's Why What is a 1099-K? A 1099-K is a tax form that reports income received via a third-party payment platform from a non-permanent job, such as a side hustle, freelance agreement or contractor position where taxes are not withheld. The IRS currently requires any third-party payment apps like Cash App and Venmo to send a 1099-K to the IRS and individuals if they earned more than $20,000 in commercial payments across more than 200 transactions. If you regularly make over $20,000 in freelance income, are paid through Venmo, and receive more than 200 transactions in payments, you may have received a 1099-K tax form before. What is the new IRS 1099-K reporting rule? Under new reporting requirements first announced in the American Rescue Plan, third-party payment apps will eventually be required to report earnings over $600 to the IRS. For your 2024 taxes (which you'll file in 2025), the IRS is planning a phased rollout, requiring payment apps to report freelancer and business owner earnings over $5,000 instead of $600. The hope is that raising the threshold will reduce the risk of inaccuracies while also giving the agency and payment apps more time to work toward the eventual $600 minimum. "The taxation and tax treatment requirements for taxpayers has not changed," said Steber. "This taxable income has always been considered by the IRS to be taxable and should be reported on a tax return. The new change requires the online platforms to provide 1099-Ks to both their users and the IRS at a lower threshold than in prior years." Why was the 1099-K rule delayed? Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require third-party payment apps, like PayPal , Venmo or Cash App to report income of over $600 or more per year to the tax agency . The IRS has delayed this new reporting requirement in 2022 and again in 2023. Why? Distinguishing between taxable and nontaxable transactions through third-party apps isn't always easy. For example, money your roommate sends you through Venmo for dinner is not taxable, but money received for a graphic design project might be. The delayed rollout gave payment platforms more time to prepare. "We spent many months gathering feedback from third-party groups and others, and it became increasingly clear we need additional time to effectively implement the new reporting requirements," said IRS Commissioner Danny Werfel in a November 2023 statement . Which payment apps are included in this IRS rule? All third-party payment apps where freelancers and business owners receive income are required to begin reporting transactions involving you to the IRS in 2024. Some popular payment apps include PayPal, Venmo and Cash App. Other platforms freelancers may use, such as Fivver or Upwork, are also on the hook to begin reporting payments that freelancers receive throughout the year. If you earn income through payment apps, it's a good idea to set up separate PayPal, Cash App or Venmo accounts for your professional transactions. This could prevent nontaxable charges -- money sent from family or friends -- from being included on your 1099-K in error. There's one popular payment app that's exempt from the 1099-K rule. Payment transfer service Zelle will not be issuing 1099-Ks , regardless of whether you receive business funds through the service or not. That's because Zelle doesn't hold your funds in an account, like PayPal, Venmo or Cash App do, and instead is used as a way to transfer money between bank accounts. If you are paid for your freelance or small business services through Zelle, it's your responsibility to report all income on Schedule C of your tax return. Is the IRS taxing money sent to family or friends? No. Rumors have circulated that the IRS was cracking down on money sent to family and friends through third-party payment apps, but that isn't true. Personal transactions involving gifts, favors or reimbursements are not considered taxable. Some examples of nontaxable transactions include: Payments that will be reported on a 1099-K must be flagged as payments for goods or services from the vendor. When you select "sending money to family or friends," it won't appear on your tax form. In other words, that money from your roommate for her half of the restaurant bill is safe. "This is only for self-employment income," said Steber. "You should not receive a 1099-K for personal transactions but be aware that some platforms could accidently include personal transactions in the 1099-K and that will need to be corrected on the users tax return." Read more: Election 2024: Where Each Presidential Candidate Stands on the Child Tax Credit Will you owe taxes on items sold on Facebook marketplace? If you sell personal items for less than you paid for them and collect the money via third-party payment apps, these changes won't affect you. For example, if you buy a couch for your home for $500 and later sell it on Facebook Marketplace for $200, you won't owe taxes on the sale because it's a personal item you've sold at a loss. You may be required to show documentation of the original purchase to prove that you sold the item at a loss. If you have a side hustle where you buy items and resell them for a profit via PayPal or another digital payment app , then earnings over $5,000 will be considered taxable and reported to the IRS in 2024. Make sure to keep a good record of your purchases and online transactions to avoid paying taxes on any nontaxable income -- and when in doubt, contact a tax professional for help. How to prepare for this reporting change Any payment apps you use may ask you to confirm your tax information, such as your employer identification number, individual tax identification number or Social Security number. If you own a business, you most likely have an EIN, but if you're a sole proprietor, individual freelancer or gig worker, you'll provide an ITIN or SSN. In some cases, receiving a 1099-K may take some of the manual work out of filing your self-employment taxes. Once this rule takes effect, you may still receive individual 1099-NEC forms if you were paid through direct deposit, check or cash. If you have multiple clients who pay you through PayPal, Venmo, Upwork or other third-party payment apps and you earn more than $5,000, you'll receive one 1099-K instead of multiple 1099-NECs. To avoid any reporting confusion, make sure you're tracking your earnings manually or with accounting software such as Quickbooks.
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Ferencváros manager, Sergei Rebrov, expressed his delight at securing the services of Keita for the upcoming season. He stated, "Naby Keita is a player with immense talent and potential, and we are thrilled to have him on board. His experience in top-level football will be invaluable to our team, and we believe he will thrive in our system."
In conclusion, the successful completion of the issuance of the second phase of China Minsheng Bank's 40 billion yuan subordinated capital bonds not only demonstrates the Bank's strong capital base and risk management capabilities but also reflects its leading position in China's financial market and its commitment to sustainable development. With a clear strategic direction and a focus on innovation and customer service, China Minsheng Bank is well-positioned to seize opportunities, overcome challenges, and achieve sustainable growth in the future.2. What are the challenges Chinese companies face when expanding abroad?
Four nights a week, members of the Bristol Wargaming Collective gather at Excelsior Games to chat, socialise and battle to the bloody end. The group, which attracts up to 400 players a month, is one of dozens of clubs across the country that have helped propel Games Workshop, creator of the world’s most popular miniature war game, Warhammer, into the FTSE 100 share index. The firm was founded in 1975 by three friends, John Peake, Ian Livingstone and Steve Jackson, who sold wooden boardgames made by Peake from their flat in Shepherd’s Bush, west London. Although the three are no longer involved in Games Workshop, which is based in Nottingham, over five decades the business has grown to become a prestigious FTSE 100 company withYes, we are still occasionally talking about the impact Candace Cameron Bure’s comments about traditional marriage had on her career. After her transition from Hallmark to Great American Family back in 2022, the actress said the channel would “keep traditional marriage at the core,” and that was met with great backlash. Now, after being asked about all that, she opened up about why that time was “really hard” for her. During the final days of the 2024 Christmas schedule , Bure spoke with THR about the films she worked on this year and reflected on headlines she’s made over the last few years. That included her addressing that “traditional marriage” comment. After being asked about her words going viral in 2022 and her Full House co-star Jodie Sweetin’s issues with them , the GAF actress said: It certainly is difficult when talking to media outlets. While we are grateful for media outlets that point people to our channels, there’s still always a risk because the answers can be written out of context. That certainly happened to me when moving over to Great American Family, and it was a really hard time, and to be misunderstood in that way was difficult. There was an explosion of backlash after Bure made this comment. Jojo Siwa called her out , Hilarie Burton did too, and many others also shared their thoughts on the matter. People thought the comments were excluding LGBTQ+ stories on the channel, and GLAAD commented on her words , saying they were “irresponsible and hurtful.” Amid all this, Candace Cameron Bure released a statement , writing that she loves everyone of any “race, creed, sexuality, or political party, including those who have tried to bully [her] with name-calling.” Then, a year later, she noted that she’d “never taken those types of punches before,” and all the attention and backlash surrounding what she said was “an ongoing challenge.” Now, she’s moved forward, and she spoke about how Great American Family has grown in the years since this happened, explaining: But what I will say is that we are a relatively new channel. This is only our fourth year in Christmas. Like any new business, you have your core demographic and what you’re looking for, and you’re going to produce the product that will best suit that audience. Most networks are not trying to be all things to all people. What really differentiates our channel from some of the other ones out there is that we’re not afraid to talk about God and God’s hand in our lives instead of fate or providence. Bure has never shied away from talking about her faith, and her work at GAF centers around it greatly. It’s clear she’s passionate about it, and as she said, she wants to make films that focus on that idea. Now, Candace Cameron Bure has been at Great American Family for years, and she’s established herself as a major star there – as she works as both an actress and producer. So, you can expect to see more movies from her and the network on the 2025 TV schedule , and as more news comes out about these infamous comments and everything that followed, we’ll be sure to keep you posted. CINEMABLEND NEWSLETTER Your Daily Blend of Entertainment NewsSeveral key players were notably absent from Arsenal's training session today, adding to the mounting concerns for the team ahead of their upcoming fixtures. The absence of Gabo, Karafiore, Zinchenko, Tinbell, and Thomas has left fans and coaching staff alike with more questions than answers.
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6 Money Moves You Should Make Before the End of the YearThe FIFPRO Annual Best 11 is always a highly anticipated announcement in the world of football. This year, the list has generated quite a buzz with some unexpected names making it to the prestigious lineup while several legends missed out. The absence of Lionel Messi and Cristiano Ronaldo has raised eyebrows, with many fans and pundits expressing surprise at their exclusion.
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