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NBC’s Chuck Todd grilled Carly Fiorina on her most memorable claim from the controversy

AUSTIN, Texas (AP) — Texas announced Monday it was cutting off Medicaid funding to planned Parenthood clinics following undercover movies that featured discussions about fetal tissue, potentially triggering a court docket fight like one unfolding in neighboring Louisiana.

Texas fitness officers sent a letter to planned Parenthood affiliates asserting the clinics were probably “dependable, without delay or through affiliation, for a series of serious Medicaid software violations” highlighted in the movies.

Republican Gov. Greg Abbott ordered an investigation after the footage, which Congress is also investigating, turned into released with the aid of an anti-abortion group that alleges deliberate Parenthood illegally bought fetal tissue for earnings.

deliberate Parenthood blasted the resolution, noting that hundreds of women are seeking non-abortion health care capabilities via Medicaid at its clinics statewide. The firm also has denied allegations levied by way of the center for clinical development, asserting the video clips had been deceptively edited.

“it’s completely outrageous that Texas officers are the usage of these thoroughly discredited, fraudulent videos to reduce women off from preventive health care, together with cancer screenings, HIV checking out, and contraception,” morning time Laguens, govt vice chairman of planned Parenthood Federation of the united states, spoke of in an announcement.

“we are able to combat returned against this outrageous, malicious, political assault in Texas with every thing we’ve acquired, and we will protect girls’s access to the health care they want and deserve.”

The circulation came simply hours after a federal choose ordered Louisiana to provide Medicaid funding for at the least 14 greater days to planned Parenthood, which filed a lawsuit after Louisiana Gov. Bobby Jindal — a Republican presidential candidate — ordered his state to dam funding in the wake of the videos.

The lawsuit argues that Louisiana cannot end funding for non-abortion services, equivalent to cancer screenings and gynecological checks. planned Parenthood says 5,200 low-salary Medicaid patients acquire features via its two Louisiana clinics, neither of which present abortions.

Planned Parenthood Federation president Cecile Richards testifies before the House Committee on Oversight and Government Reform on Capitol Hill in Washington September 29, 2015. REUTERS/Gary Cameron Thomson ReutersPlanned Parenthood Federation president Richards testifies before condominium Committee on Oversight and government Reform in Washington

Laguens stopped in need of saying a lawsuit in Texas, however she cited courts have dominated that federal legislations prohibits states from booting abortion providers from Medicaid, including in Indiana and Arizona. the same court combat also is ongoing in Arkansas.

“In each state the place this fraudulent smear campaign has been invoked, deliberate Parenthood has fought for our sufferers to proceed getting the extremely good, compassionate health care we provide, and in each state we now have received,” she referred to.

The letter despatched to Texas clinics looks to offer a pre-emptive protection towards such claims. It notes that “there are heaps of alternate providers in Texas” and that the Republican-managed Legislature has denied as an awful lot funding as feasible to deliberate Parenthood given that 2013, including shutting it out of the Texas women’s fitness program. The state-funded program provides health care to negative ladies and households.

Abbott, Texas’ former lawyer accepted, praised fitness officers for the determination. In a statement Monday, the governor talked about ending the corporation’s collaborating in the joint state-federal Medicaid application “is a further step in providing superior entry to safe health look after women while preserving our most prone — the unborn.”

The movies have been launched, starting in mid-July, by using anti-abortion activists who posed as representatives of a biomedical enterprise. They sought to negotiate the buy of fetal organs from some planned Parenthood personnel. planned Parenthood has denied in the hunt for any funds beyond legally authorized compensation of fees.

greater from linked Press:

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  • South African students protests planned training price hikes
  • Oscar Pistorius launched from reformatory, put below apartment arrest
  • getting old gangster accused of ‘Goodfellas’ heist goes on trial


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How concept-leadership content Can aid Your enterprise appeal to Funding

It isn’t adequate for groups to have extremely good items or features. traders need to know the individuals in the back of the enterprise and why they’re price massive investments. executive branding via thought management speaks to a company’s sophistication, credibility and marketability — and content performs a crucial position in developing the sort of authority that draws traders.

concept-leadership content can assist turn savvy businesses into influential ones. Rand Fishkin, founder and former CEO of Moz, opened many doorways for his enterprise via notion management. Fishkin grew to be the go-to man in search engine marketing through articles, webinars, speaking engagements and other content. His skilled voice helped Moz entice greater than $19 million in investments.

connected: how to Use content to profit Credibility in income

listed here are some strategies which you could use to construct the classification of expert company that’s fascinating to investors and shoppers:

1. focus on company-constructing strategies.

Create and publish articles that showcase your unique approach to operating a company. Publishing on the procedure of building your business demonstrates your system of overcoming challenges and issues, which is possibly probably the most critical issue to any investor. buyers need to be aware of their money goes to a person who is aware of a way to lead a company, maintains the funds in order and makes sensible decisions.

related: 5 Steps to becoming a thought chief on your business

2. demonstrate your niche industry skills.

in addition to a regularly occurring potential to steer and grow a enterprise, investors need to know you’re the right grownup to do this to your industry. What makes you uniquely qualified to scale a company on your business? Are you making use of a new manner of considering to historic problems? within the conclusion, what makes you distinctive from the next business in trying to solve these complications? Share your reviews, ideas and general concepts concerning the challenges you’re solving for your company blog and in critical industry publications.

3. establish have an impact on among your key audiences.

A young business that has an engaged following of key shoppers has an knowledge over one which key customers haven’t heard of yet. constructing your company as an influencer to your trade is an funding if you want to go a long manner towards bringing opportunities to your business.

4. enhance discoverability and distribution ideas.

in case you’re investing on your executive brand, be certain your efforts are discoverable. Share your published articles and weblog posts on Medium, LinkedIn and social networks, and send critical items to peers and investors to maximize advantage alternatives. You want to make it convenient for someone who’s discovering you to find out how valuable you in reality are. For greater counsel on a way to leverage your content material, check out our content material maximization checklist.

govt branding serves as a powerful tool for attracting investors. Executives who’ve a strong body of posted work can element to it as a useful resource for capabilities traders who like to see initiative and momentum before they arrive aboard. notion-leadership content material helps show that a corporation has a robust leader and serious earning abilities.

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Decide Forces Louisiana to maintain Funding planned Parenthood After It Sells Aborted children

A federal choose launched a choice this morning in the combat between Louisiana and planned Parenthood forcing the state to proceed funding the abortion enterprise for a further two weeks whereas their criminal combat continues.

After planned Parenthood took it to court in an try and retain its taxpayer funding, Louisiana is removing a taxpayer-funded contract with deliberate Parenthood once once more after the abortion enterprise changed into caught promoting aborted toddlers and their body elements. however the New Orleans newspaper stories this morning that a federal choose stepped in to retain the funding in place.

sign THE PETITION! Congress ought to De-Fund deliberate Parenthood instantly

U.S. District choose John W. deGravelles, in a blistering opinion, issued the brief restraining order late Sunday, which takes impact Monday (Oct. 19) and continues to be in place for at least two weeks. The determination sets up the opportunity of a permanent restraining order, which would bar the department of health and Hospitals from stripping planned Parenthood of funding over the long term.

Even concept tons of of different fitness care alternate options exist for the small number of ladies who get non-abortion health care at deliberate Parenthood, the decide claimed de-funding deliberate Parenthood would by some means strip them of their fitness care.

in the ruling, deGravelles discovered that if the Jindal administration carries out defunding of planned Parenthood Gulf Coast’s Medicaid features, 5,200 patients’ health care should be unnecessarily disrupted, including, “not even DHH can ensure that PPGC’s existing patients will” be capable of finding different suppliers. DHH had argued that other health care providers could take in the patients of planned Parenthood, which doesn’t perform abortions in Louisiana.

DeGravelles also found that the Jindal administration’s newest explanation for terminating deliberate Parenthood’s Medicaid contracts involving a Texas Medicaid fraud settlement “contradicts DHH’s personal code.” The state’s administrative guidelines “plainly and unambiguously” exempt Medicaid providers from contract termination if they do not admit legal responsibility in the agreement, which is the case with deliberate Parenthood Gulf Coast, deGravelles wrote.

The choose additionally claims the Jindal administration is cancelling deliberate Parenthood’s contract for political motives in keeping with the sequence of 10 videos showing deliberate Parenthood promoting aborted infants and their body constituents:

however deGravelles declined to rule on planned Parenthood’s contention that the Jindal administration changed into canceling the contracts based on these video clips, he left open the opportunity of ruling on no matter if organizations like planned Parenthood, which might be area to political animosity, are entitled to equal coverage under the constitution.

“according to the listing before it, it seems possible that plaintiff (planned Parenthood) may be capable of show that the tried terminations in opposition t it are motivated and driven, as a minimum in gigantic part, by means of explanations unrelated to its competence and pleasing to it,” deGravelles wrote. “however, the court docket finds it is not crucial and, therefore, it don’t need to at the moment rule on plaintiffs’ equal insurance plan argument.”

The Obama administration on Friday tried to get deliberate Parenthood’s case dismissed.

Faircloth tried to persuade the court Friday (Oct. sixteen) to disregard the case on on the whole technical grounds.

Faircloth noted that as a result of planned Parenthood had no longer pursued an administrative enchantment with the state, the courtroom shouldn’t intervene to settle a count that may well be determined at the state stage. and because the Medicaid contract hadn’t yet been canceled, the case wasn’t able to be tried in courtroom.

DeGravelles became now not persuaded. while federal courts have held that they should now not become entangled in abstract matters of law when a legal query involves hypotheticals, that was not the case with planned Parenthood, deGravelles wrote.

“The agreements’ termination has been threatened time and again due to the fact that August 2015, and defendant (the Jindal administration) has now handiest swapped no reason behind three,” deGravelles wrote. “in line with these circumstances and smartly-settled law, Plaintiffs’ (planned Parenthood and patients’) threatened harm is obvious.”

DeGravelles concluded via declaring that Louisiana is in a circumstance comparable to court docket circumstances difficult Medicaid defunding in Arkansas and Utah. Judges in each cases have dominated in deliberate Parenthood’s want.

“This courtroom finds it large that defendant has yet to adequately handle both case,” deGravelles wrote.

In August, Louisiana Governor Bobby Jindal canceled a state contract with planned Parenthood that gives the abortion business with family planning funding via Medicaid. but planned Parenthood went to court to block the stream.

Now, Jindal is tying a unique approach — this one in accordance with the indisputable fact that planned Parenthood has been caught in other states conducting Medicaid fraud.

In Texas, deliberate Parenthood changed into pressured to repay the state $four.3 million after it turned into found to have participated in a massive Medicaid fraud scheme. A former worker of deliberate Parenthood Gulf Coast has filed a whistleblower’s grievance with the lawyer commonplace of Texas and the U.S. department of Justice. The PPGC employee alleges that the abortion enterprise engaged in an problematic Medicaid fraud scheme.

Karen Reynolds, who worked as a “health care assistant” from 1999 to 2009 on the Lufkin, Texas, department of the affiliate previously known as deliberate Parenthood of Houston and Southeast Texas, submitted company memos and emails to help her cost that PPGC has engaged in a systemwide scheme to bilk Medicaid, Title XX, and the girls’s health application of tens of hundreds of thousands of greenbacks over the path of at least a decade.

Reynolds alleges bosses expert employees to invoice government corporations for scientific and family unit planning services not rendered, for services no low-priced scientific personnel would supply, and – the largest bombshell – for abortion-related capabilities fudged to seem like they have been no longer.

The Texas legal professional general discovered planned Parenthood had defrauded the state after a radical investigation.

Louisiana says the Texas agreement makes it so planned Parenthood has violated Medicaid suggestions as an entire — as a result disqualifying it for funding in the Bayou State.

After the expose’ showed planned Parenthood promoting aborted little ones, Governor Jindal said, “In contemporary weeks, it has been stunning to look studies of the alleged activities taking location at deliberate Parenthood amenities across the country. planned Parenthood does not symbolize the values of the americans of Louisiana and indicates a fundamental disrespect for human life.  It has develop into clear that here’s no longer an organization it truly is precious of receiving public counsel from the state.”

Jindal’s workplace referenced the investigation he sought almost immediately after the primary of 4 movies become launched.

It spoke of the governor is “distinct videos have surfaced displaying planned Parenthood Federation of the united states senior personnel and other employees describing how they actively engage in illegal partial beginning abortion methods and conduct these abortions in a fashion that leaves body ingredients intact on the way to later be offered on the open market. when you consider that these videos have surfaced, Governor Jindal has directed DHH to investigate deliberate Parenthood’s actions in Louisiana and also sent a letter to both the Louisiana Inspector commonplace and the F.B.I. asking them to aid in the investigation.”

in line with the Medicaid provider contract between DHH and planned Parenthood, together with vital Louisiana legislations, both birthday celebration can choose to cancel the contract at will after offering written be aware.

sign THE PETITION! Congress need to investigate planned Parenthood for selling Aborted baby elements

Jindal’s office pointed out, “Governor Jindal and DHH determined to provide the required 30-day observe to terminate the deliberate Parenthood Medicaid provider contract as a result of planned Parenthood doesn’t signify the values of the State of Louisiana with regard to respecting human existence. Pending the ongoing investigation, DHH reserves the right to amend the cancellation word and terminate the company settlement automatically should still cause be decided.”

The governor observed the state health department has “considerations that planned Parenthood can be acting in violation of Louisiana law that states no grownup or community contracting with the state or receiving govt assistance shall require or recommend that any lady have an abortion.  The state investigation into planned Parenthood is still ongoing.”

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Seed funding: learn how to get it, a way to use it at free seminar

the way to get your company funded is the field of a free small enterprise health center offered by lecturers Federal credit score Union on Thursday. The experience will cowl accumulating and using funding and seed funding to launch a company.

The session, fifth in the TFCUniversity enterprise health facility series, can be at the credit score union’s headquarters at 102 Motor Pkwy. in Hauppauge, from 7:45 a.m. to 9:forty five a.m….

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how to get your enterprise funded is the field of a free small business health facility offered by using teachers Federal credit score Union on Thursday. The event will cowl accumulating and the usage of investment and seed funding to launch a business.

The session, fifth in the TFCUniversity enterprise hospital collection, will be at the credit union’s headquarters at 102 Motor Pkwy. in Hauppauge, from 7:forty five a.m. to 9:forty five a.m.

“raising capital and then figuring out a way to wisely make investments these resources into your business successfully is essential for small groups these days,” said Robert G. Allen, president and CEO of TFCU, who will carry welcoming remarks.

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Quick, easy loans come at excessive rate

quickly, handy loans come at high price

manhattan – It sounded like a candy deal.

A personal loan broker walked into Southern woman desserts and offered the los angeles bakery a $forty,000 personal loan that at once can be deposited in a checking account.

Already rejected for a personal loan from a financial institution, co-owner Catarah Hampshire took the offer and hired extra employees to whip up peach cobblers and sweet potato cupcakes.

Then the day by day cellphone calls from brokers began. Hampshire changed into persuaded to take out a second personal loan. Later she took out a third, and then three more. In below two years, Southern girl desserts took out six loans and become in a economic mess that made it complex to buy components and pay employees.

“We had been drowning,” Hampshire spoke of. “I don’t know the way we survived.”

Southern girl muffins borrowed from corporations that make brief-time period loans or supply money advances to small organizations. The funds typically is structured to be paid again in lower than a yr. automated payments are taken out each day or weekly, either from a bank account or from an organization’s bank card transactions.

The annual percentage fees can be as high as 50 p.c or greater, a long way above the APRs of typical small enterprise loans backed by way of the U.S. Small enterprise Administration. these at the moment have APRs below 10 %.

brief-time period loans are unhealthy for small groups, a starting to be chorus of critics referred to, as a result of APRs aren’t revealed, the loans are expensive and that they can lead companies into a perilous cycle of borrowing again and again once more to keep up with funds. In as a minimum two cases, the difficulties didn’t end when companies filed for chapter.

past this year two judges sided with plaintiffs in separate cases against one such lender, big apple-based on Deck Capital, after it persevered to withdraw payments from the groups while working under chapter protection. OnDeck mentioned the problems stemmed from clerical mistakes that now are fastened.

So why would a company owner choose loans with such excessive rates? Getting loans at lessen prices is challenging for small business owners seeking to borrow $250,000 or much less. Banks see such loans as too dangerous or now not ecocnomic adequate, spoke of Karen Mills, who led the SBA for four years and at the moment is a Harvard enterprise college fellow. As lenders clamped down all over the exceptional Recession, it became even tougher for small groups to get loans, fueling the boom of option lenders.

“I feel it’s decent,” Mills stated. “We recognize there’s a gap in small-greenback loans.”

but these loans once in a while come at a excessive price. States have legal guidelines that cap interest prices and fees for loans, but most state laws don’t observe to business loans, observed Carolyn Carter, director of advocacy on the country wide buyer law core. additionally, some lenders companion with banks in states that don’t have such legal guidelines.

a gaggle of lenders, brokers, advocates and nonprofit companies are pushing what it calls a Small business debtors’ bill of Rights. The instructions are aimed toward getting lenders to follow necessities they noted would protect small organizations.

The homeowners of Southern girl desserts noted they wouldn’t have approved any of the personal loan offers in the event that they had typical the APRs. Hampshire discovered later that the loans she took out had APRs of more than 50 p.c.

“That changed into never mentioned,” Hampshire observed. “I imply, I’ve purchased a home in the past. i know what to search for. i know about APRs, however that advice was certainly not disclosed.”

but when Southern lady muffins took the third mortgage, Hampshire wasn’t considering APRs. A refrigerator, mixer and ice machine all broke on the identical time. cash became tight. So Hampshire, eager to preserve the company alive, borrowed cash from three distinctive companies, vast merchant funding, Yellowstone Capital and Pearl Capital. None replied to requests for comment.

OnDeck, which Southern woman truffles earlier borrowed from, doesn’t display the APR to debtors on its web page or in loan agreements, but CEO Noah Breslow pointed out the enterprise’s customer provider brokers will calculate an APR if debtors ask.

“we can try this for shoppers,” Breslow observed.

although, OnDeck does listing APRs in U.S. Securities and exchange commission filings. The business mentioned in August that its typical APR, which contains loan phrases that may latitude from six to 24 months, was 46.5 p.c all through the 2nd quarter of the 12 months, down from fifty six.7 % in the same length a yr earlier than. OnDeck lists APRs in filings since the SEC asked for them, Breslow said.


Seeing a market for small business loans Strategic partnership between credit score unions, SBA already paying off

Richard Garcia, vice president for real estate and commercial business lending with North Jersey Federal Credit Union, said his institution is actively seeking to lend to local small businesses.

Richard Garcia, vice chairman for actual property and commercial enterprise lending with North Jersey Federal credit score Union, observed his establishment is actively in search of to lend to local small groups. – (image via AARON HOUSTON)

As credit unions proceed to extend their membership bases, evolving from organizations that serve specific worker organizations or underbanked communities to becoming regional fiscal associations, many of those groups are targeting small company lending as an area of boom for 2016.

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Enterprise construction organizations Face Debt Maturity in 2016, Says Fitch

business construction agencies are well-versed in making loans. Now some BDCs have to be anxious about their personal debt.

Fitch scores pointed out in a record Friday that some $1.three billion of convertible notes and other debt issued by means of Fitch-rated BDCs are coming near maturity dates in 2016—and that their options to refinance these notes are constrained.

The $1.3 billion maturing notes had been issued in 2011 and 2012 through four BDCs: Apollo funding Corp., with $229 million; Ares Capital Corp., with $805 million; Fifth road Finance Corp., with $115 million; and BlackRock Capital funding Corp., with $158 million, in line with Fitch.

The shares of all four BDCs were trading under their ebook price as of Sept. eleven, in line with statistics from investment financial institution Keefe Bruyette & Woods Inc.

With shares trading below e-book value, it’s elaborate for the BDCs to challenge new shares, noted Fitch. In regular, issuing new inventory at ranges under publication price is dilutive to current shareholders.

without issuing new shares, BDCs can’t raise extra debt, either, as a result of all BDCs should keep a one-to-one debt-to-equity ratio as required through the funding company Act of 1940, the U.S. legislation governing the sector.

Meghan Neenan, a senior director of Fitch, noted the convertible notes in query were bought via traders akin to hedge dollars, which have higher risk tolerance than different institutional buyers similar to insurance organizations and personal loan-focused mutual cash.

as a result, convertible notes usually come with better coupons than common institutional bonds, that means bigger activity payments responsibilities for the BDCs, pointed out Ms. Neenan. It additionally capability that may still the BDCs come to a decision to concern new bonds to refinance expiring debt, they would face a confined number of skills traders. Given the volatility on the credit markets lately, selling new bonds in widespread are challenging, let alone selling to a confined set of traders, Ms. Neenan stated.

There are two options for the BDCs, she stated. One is to make use of money funds from the BDCs’ portfolio corporations to repay the notes earlier than the due dates. Ms. Neenan referred to she expects all four BDCs to be able to generate adequate money movement to do this.

The other option is to borrow below the BDCs’ company credit score facilities to pay down the notes. while the BDCs do have enough means left on their credit facilities, borrowing below these sources would constitute secured debt, whereas convertible notes are unsecured debt, in line with Fitch. this type of maneuver would require BDCs to place up assets as collateral for the new borrowing, limiting their funding flexibility.

“It just speaks to how receptive the market is” to new debt issuance, talked about Ms. Neenan. one of the most challenges facing all issuers are “extra stated for BDCs.”

In a file issued Friday in keeping with the Fitch unencumber, Keefe Bruyette & Woods seconded Fitch’s view the BDCs will don’t have any difficulty paying down the convertible notes earlier than their maturity dates.

KBW talked about paying down the notes will “permit the BDCs the ability to eliminate one of the most optimum can charge debt on their balance sheets…and that it should outcome in even lower interest fee charges.”

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Viventor Opens for enterprise. ensures All P2P Loans unless December 1st

New peer to look lending platform Viventor is now open for enterprise. The on-line lender introduced last month its intent to start providing loans secured by mortgages.  To incentivize investors Viventor states that “all investments made until December 1st, 2015 will come with a buyback guarantee”, thus defensive traders from any loss.

based mostly in Riga, Viventor is carefully affiliated with Spanish finance community Prestamos Prima.  according to an previous file, Viventor will offer no loans higher than 50% LTV. Open to European investors, recent counsel states the loans can be from different European nations, generating returns from 6% per yr.

Andris Rozenbahs, CEO of the Prestamos Prima GroupAndris Rozenbahs, who’s COO of Viventor and listed as CEO of Prestamos Prima community, brought up;

“We wish to exhibit our traders that investments made by way of Viventor is a safe guess. all of the loans listed include Buyback guarantee and are secured via mortgages. additionally, the mortgage originators preserve at the very least a 5% share in every single deal, for this reason making certain that investors are certainly not left by myself. protecting in intellect that these investments generate a set annual return of 6% and above – I’d say it’s a fantastic deal.”

A minimum deposit of €500 is required to open an account on Viventor with a minimal €10 investment per loan.