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Some stimulus payments coming on debit cards | News, Sports, Jobs

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This is an example of the visa debit card that some may receive with their economic impact payment.
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Some eligible recipients of the economic impact payment are receiving their $1,200 on a debit card from Money Network Cardholder Services.

Certified financial planner Joseph Gugino learned about this new way of receiving the economic impact payment this past weekend, when his in-laws received a debit card that was stated to be the payment. The in-laws almost threw the card away, thinking it was a scam.

“I had a client call me the other day and ask about the card — after she had already cut it up and threw it in the trash,” Gugino said. “I told her that it was a real thing, so she taped it up and deposited it into her bank.”

The Visa debit card comes in a plain-looking envelope that comes from Money Network Cardholder Services. There is a letter attached stating that it is the economic impact payment with a Department of Treasury logo on the letter as well. The card itself will have the name or names of the taxpayers on it, the primary taxpayer being labeled first, then the spouse, if applicable.

“There is stimulus money going out to people and they are throwing them out,” Gugino said. “Don’t throw the card away.”

If the card is thrown away, there is a way to get a replacement card, but it comes at a price. It may cost people about $25 to have another card sent to them.

As for why the economic impact payment is coming via cards now, is slightly a mystery. The IRS has not released any information on why they have started to deliver the payments via debit card, but there are a couple theories.

“I couldn’t find any rhyme or reason as to why one person got a check and another person got the card,” Gugino said. “But I do know that this whole process was very rushed and they just wanted to get money out fast.”

One theory some believe is that sending the payment via a debit card is getting them to spend the money on the card, to get the economy back up and running smoothly. Others believe it is because people have post office boxes and cannot receive checks through them.

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Firefox owner Mozilla cuts one-quarter of global workforce, including Canadian jobs

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TORONTO – The not-for-profit company behind the free Firefox web browser and a growing number of internet privacy products is cutting about 250 people from its global workforce, including an undisclosed number in Canada.

Mozilla Corp. co-founder and chief executive Mitchell Baker announced that it would cease operations in Taipei, Taiwan, and begin notifying affected employees in other countries.

Its press office wouldn’t provide details of how the cuts will affect Mozilla’s individual offices, which include locations in Toronto and Vancouver.

However, an emailed message from the California-based company says the job cuts will affect about one-quarter of Mozilla’s workforce, which will drop to about 750 people.

In addition, about 60 people will be reassigned or change teams.

Mozilla says it plans to transfer its security and privacy products from Firefox to a new products and operations team that will develop new revenue streams.

This report by The Canadian Press was first published Aug. 11, 2020.

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Valley Isle Sports In Brief | News, Sports, Jobs

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165-pound marlin wins Hanapaa event

The Maui Trailer Boat Club’s 36th annual Hanapa’a north shore fishing tournament on Aug. 1 was won by a 165-pound marlin hauled in by the boat Gyotaku.

This year’s title sponsor was Maui Sporting Goods. The tournament is the club’s annual fundraiser with a portion of the funds being used to support the community fish aggregating device program. The FADs are anchored off shore and attract fish so fisherman have a known destination to go to with a higher probability to catch fish.

Donations for the program can be sent to Maui Trailer Boat Club, P.O. Box 1666, Kahului 96732. For more information, call Ben Walin at 250-7687.

Haiku’s Greenley aces No. 7 at MCC

Tom Greenley of Haiku scored his second career hole in one on the par-3, 138-yard seventh hole at Maui Country Club on Wednesday.

He used a 5-iron and his playing partners were Junko Sugimura and Ted Kanamori.

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Debenhams to cut 2,500 more jobs amid pandemic

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Debenhams storeImage copyright
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Struggling department store group Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic.

This is on top of the 4,000 announced since May, meaning the retailer will have cut a third of its workforce.

The cuts will be mainly across its UK stores and distribution centre, but it said no new shops were slated to shut.

Debenhams said the current trading environment for retailers was still “a long way from returning to normal”.

In April, the firm fell into administration for the second time in a year as coronavirus heaped pressure on the business.

Earlier this year, it said 20 of its stores would remain permanently closed because of the impact of the pandemic.

Debenhams said on Tuesday: “Such difficult decisions are being taken by many retailers right now, and we will continue to take all necessary steps to give Debenhams every chance of a viable future.

“We have to ensure our store costs are aligned with realistic expectations,” it added.

The chain said that people affected had been informed and thanked them for their “service and commitment”.

“We have successfully reopened 124 stores post-lockdown, and these are currently trading ahead of management expectations,” it said.

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