Monthly Archives: January 2018

It’s Fourth Down. Why Going for It Could Determine the Super Bowl

Executing fourth downs, and defending against them, has already helped take the Eagles, Jaguars and the Patriots to their conference championship games

Eagles running back LeGarrette Blount scored on a fourth-down run against the Falcons in a NFC Divisional playoff game. PHOTO: SZENES/EPA/SHUTTERSTOCK

By Michael Salfino and Andrew Beaton

The New England Patriots know they have to be ready for it. At this point, it’s not a surprise. They even have a name for it: “Cuatro Situation.”

It’s when “third down is not really third down,” New England safety Devin McCourty said. They know the opposing team will likely go for it on fourth down. “We’ve got to be prepared for a play that might gain a couple of yards, but not maybe a first down, but get them close enough to the stick,” McCourty added.

More than ever, how teams behave on fourth down may decide who advances to the Super Bowl. Executing fourth downs, and defending against them, has already helped take the Eagles, Jaguars and Patriots to their conference championship games. The Vikings will be tasked with Philadelphia’s aggressiveness for the NFC title while Jacksonville and New England play for the AFC crown.

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Streaming TV’s Problem: Subscribers Cancel Service When Their Favorite Shows Are Over

Cancellation rates for some services are over 50%; users sign up only for favorite programming

A scene from Episode 110 of the rebooted ‘Star Trek’ series on CBS’s All Access streaming service. PHOTO: CBS

By Cara Lombardo

Kevin Clarkson subscribed to CBS’s All Access streaming TV service shortly before the network’s “Star Trek” reboot premiered in September. He plans to cancel it soon after the season finale.

The 24-year-old and his girlfriend also subscribed to Showtime’s streaming service just long enough to watch the “Twin Peaks” revival and bought three months of access to Starz’s online service for “American Gods.”

As they court a generation of cable TV cord-cutters, streaming services are making it easy for subscribers to come and go as they please. It is an approach in stark contrast to the traditional pay TV industry, where providers often charge fees for early contract-termination, have retention agents make desperate pitches to retain business, and even ask for cable boxes to be returned.

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How data governance gave CDOs a unique perspective on business and IT

Bloomberg Professional Services January 17, 2018

When financial firms began establishing the chief data officer role in response to stepped up regulation in the early 2010s, their focus was on compliance. The CDO’s immediate tasks involved setting up rules for data governance and building platforms to implement them. Their mission was relatively simple: satisfy regulatory requirements, reduce business risk and ensure that data was transparent. As one U.S. commercial bank’s CDO put it, his job was to “keep the regulator happy and away as far as possible.”

While setting up an approach to meeting regulatory requirements was technically challenging, once the proper systems and procedures were in place, the work became more about compliance than strategy. In the U.S. especially, the more CDOs settled into their roles, the more they recognized just how tightly data was knitted into their company’s business. The information they’d been concerned with from a regulatory perspective offered great value in and of itself.

In short, they realized their data could be monetized. It didn’t take long for CDOs to grasp that data could identify efficiencies that reduced expenses, or even generate revenue by using its insights as a product. Not to follow such a path would damage their firms, many believed. Focusing “purely on the end result on the regulatory side has really hurt the industry,” declared the former CDO of one U.S. investment bank. “What they really need to do is focus on the base data. If you get that right, then it’ll flow through.”

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Tax Overhaul’s New Withholding Calculations for Paychecks Are Released

Government estimates that more than 90% of workers will have bigger take-home pay under the withholding change

Congress passed a $1.5 trillion tax cut in December and most of the cuts technically took effect in January. PHOTO: MICHAEL NAGLE/BLOOMBERG NEWS

By  Richard Rubin

WASHINGTON—The Treasury Department on Thursday updated its rules for tax withholding from paychecks, changing calculations so most workers will start getting more take-home pay in February as a result of the recently passed tax law.

The government estimates that more than 90% of workers will have bigger paychecks under the withholding changes, and it says employers should implement the changes by Feb. 15.

Acting IRS Commisioner David Kautter said the IRS will be providing more information to help people understand and review the changes in the coming weeks.

Congress passed the $1.5 trillion tax cut in December and most of the cuts technically took effect in January. Taxpayers won’t file returns reflecting the new law until early 2019, but the changes in paycheck withholding will deliver some of those benefits now. About 80% of households will see their taxes drop, while 5% will pay more, according to a Tax Policy Center estimate. Those tax cuts fade over time and most changes to individual taxation are set to expire after 2025.

Read the full article here.