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Twitter to pay $100,000 over Washington state campaign finance violations

October 14, 2020
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| finance

AG Ferguson says the company agreed to pay $100,000 for failing to maintain records related to ads that ran from 2012 through 2019.

OLYMPIA, Wash. — Editor’s note: The above video aired at an earlier date.

Twitter is the latest social media giant to pay for violations of Washington state’s campaign finance disclosure rules. 

Attorney General Bob Ferguson says the company agreed to pay $100,000 for failing to maintain records related to ads that ran from 2012 through 2019, when Twitter banned political advertising. 

Companies are required to maintain records about who paid for ads, when they ran, how much they cost, and the name of the candidate or measure supported or opposed. 

Facebook and Google have also agreed to settlements of $200,000 each, though Ferguson filed a second lawsuit against Facebook in April.

The law requires commercial advertisers to maintain the following information regarding ads they sell so that

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Australia must prepare now for climate-related disasters or pay more later, insurance regulator says

October 14, 2020
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Australia’s banking and insurance regulator has estimated the country should be spending about $3.5bn a year to limit damage from climate-related natural disasters, warning the cost of responding to them after the fact is likely to be 11 times greater.



a close up of an old building: Photograph: James Gourley/AAP


© Provided by The Guardian
Photograph: James Gourley/AAP

In a speech on Wednesday, Geoff Summerhayes, an executive board member of the Australian Prudential Regulation Authority, said the cost of pre-emptive action to avoid the impact of disasters exacerbated by the climate crisis was far cheaper than dealing with the aftermath.

Addressing the issue of rising insurance premiums in northern Australia due to an increasing number of claims caused by storms and cyclones, Summerhayes said Apra was concerned general insurance could become unaffordable or unavailable in parts of the country.

He said it heightened the need to both cut greenhouse gas emissions and increase community resilience to extreme climate events, such

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8 Tips That Can Help Drivers Pay Lower Car Insurance Premiums

October 13, 2020
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| insurance

Press release content from Accesswire. The AP news staff was not involved in its creation.

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LOS ANGELES, CA / ACCESSWIRE / October 13, 2020 / Compare-autoinsurance.org ( https://compare-autoinsurance.org ) has launched a new guide that presents several effective tips that will help drivers get cheaper car insurance.

For many drivers, paying the monthly car insurance bill can be quite difficult. More and more drivers are wondering if they can save some of the money they spend on insurance. Luckily, there are some easy methods drivers can take to lower their premiums and ensure they’re getting the best insurance rate. With a bit of ingenuity and an understanding of the insurance market, drivers can reduce their car insurance costs and get great coverage without breaking the bank.

To get cheaper car insurance, follow the next tips:

  • Regularly shop for car insurance. Most car insurance providers will change
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Twitter to pay $100K for campaign finance violations in Washington state

October 13, 2020
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| finance

Fox Business Briefs: Wall Street Journal reports Twitter is interested in TikTok and the two companies have held preliminary talks about a possible combination; Disney World will start scaling back its hours after lower-than-expected attendance due to the pandemic.

Twitter must pay $100,000 to Washington state for campaign finance violations.

Twitter received nearly $200,000 for hosting campaign ads between 2012 and 2019 but did not disclose that information to Washington’s Public Disclosure Transparency Account in violation of state laws.

Ticker Security Last Change Change %
TWTR TWITTER INC. 47.92 -0.34 -0.70%

“Transparency in political advertising is critical to a free and informed electorate,” Washington Attorney General Bob Ferguson said in a Tuesday statement. “Whether you are a local newspaper or a multinational social media platform, you must follow our campaign finance laws.”

TWITTER TO FLAG TRUMP, BIDEN TWEETS IF THEY CLAIM EARLY VICTORY ON ELECTION DAY

The social media platform

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Twitter to pay $100,000 to Washington for violating state’s campaign finance laws

October 13, 2020
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| finance

Twitter will pay $100,000 to Washington after the social media platform failed to maintain public inspection records of nearly $200,000 paid to it for political ads in violation of state law, state Attorney General Bob Ferguson (D) says.



a close up of a computer: Twitter to pay $100,000 to Washington for violating state's campaign finance laws


© Getty
Twitter to pay $100,000 to Washington for violating state’s campaign finance laws

The judgement filed Tuesday in King County Superior Court asserts that since 2012, Twitter has failed to maintain records from at least 38 Washington candidates and committees that bought ads.

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Washington’s campaign finance law requires political advertisers to retain records related to political ads.

“Transparency in political advertising is critical to a free and informed electorate,” Ferguson said in a statement. “Whether you’re a local newspaper or a multinational social media platform, you must follow our campaign finance laws.”

A Twitter spokesperson said the resolution with Washington is “reflective of our commitment to transparency and accountability,”

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Airlines Used Cares Act Funds To Pay Workers. Airline Contractors Took The Money And Let Workers Go, Report Says

October 12, 2020
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| money

Coronavirus COVID-19 Good Friday Food Distribution UNITE HERE LOCAL 11

A UNITE HERE member distributes food in Inglewood, CA. in April. (Photo by Irfan Khan)

Los Angeles Times via Getty Images

In the months after Congress allocated billions of dollars to keep airline industry employees working, passenger airlines applied for shares of that money and then laid off less than 1% of their workers, until the funding ran out.

Airline contractors similarly applied for money and then laid off about 58,000 people, about 35% of their workers, a new report says.

“Contrary to congressional intent, Treasury permitted aviation contractors to lay off thousands of workers and receive full payroll support calculated based on the companies’ pre-pandemic workforce,” according to a report, released Friday by the House Select Subcommittee on the Coronavirus Crisis.

The report, “Unnecessary Costs: How the Trump Administration Allowed Thousands of Aviation Workers to Lose Their Jobs,” was issued by the House Select Subcommittee on the Coronavirus Crisis.

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Why I’m happy to pay $70 a month for term life insurance

October 10, 2020
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| insurance

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

  • After meeting with a financial planner, my husband and I set out to pay off our credit card debt. We did it in six months, and during that time I started earning more money than ever.
  • Our financial planner recommended that I buy a term life insurance policy since I was only protected for $20,000 on my husband’s employer-provided policy.
  • He recommended $1.4 million in coverage for me, which felt high. But after accounting for our standard of living and future financial goals, I went for it.
  • Now, I feel good about paying $70 a month for that peace of mind.
  • Policygenius can help you compare life insurance policies to
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Factbox: How Norwegian Oil Workers’ Pay Compares to Other Countries | Investing News

October 9, 2020
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| business

By Bozorgmehr Sharafedin and Nerijus Adomaitis

LONDON/OSLO (Reuters) – Oil and gas is seen as a sector that offers relatively attractive pay, although average wages vary significantly from one country to another.

While workers in Norway are currently on strike over pay, they are among the highest paid in Europe, data shows, and receive double the salary of workers in Latin America. Still, they are far less well paid than Australian or American workers.

Following are details of how pay compares.

The average salary of full-time employees in oil and gas extraction, including support activities, in Norway was around 930,000 crowns, or $100,000, in 2019, according to Norway’s statistics office. The figure includes allowances and bonuses, and excludes overtime.

Norwegian workers’ union Lederne called a strike that began on Sept. 30, demanding higher wage rises this year than proposed by oil companies and equal pay and conditions for workers at

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October 15 Is Almost Here. Don’t Have The Money To Pay Your Taxes? File Them Anyway.

October 9, 2020
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| money

If you had told me at the end of last year’s filing season that this year’s would have been worse, I would not have believed you. No one would. Implementing the Tax Cuts and Jobs Act (TCJA) that was passed in a whirlwind at the very end of 2018 required a herculean effort from CPAs, Enrolled Agents, and tax preparers of all kinds. Preparers said to themselves – this was the worst tax filing season ever. Preparers said to each other – this was the worst tax filing season ever. Preparers said to their clients – this was the worst tax filing season ever. Then came 2020, which will go down in history as the longest tax filing season ever. But now the longest tax filing season is coming to an end, because the extended federal income tax return filing deadline for individuals, October 15, is less than a week

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Max Life Insurance launches ‘Buy Now, Pay Later’ feature

October 8, 2020
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| insurance

Making an effort towards providing the best services during covid times, Max Life Insurance has introduced ‘Buy Now – Pay at Approval’ feature for the customer while purchasing online policies. In its continuous endeavor to strengthen customer trust, the feature that is available for policies bought online, allows customers to apply for a policy with the proposal form and a payment instruction through a digital payment method, without the actual deduction of money until the proposal is evaluated by the insurer. The actual premium deduction happens just before the policy issuance.

The feature ensures that the customer does not need to make any payment at the time of applying for the life insurance policy and the charge to the customer’s credit card happens only at the time of the insurer accepting the risk.

Reviewing data for online term sales of Max Life, it has been observed that nearly 8% of

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