By Editor , 1 November 2026
IRS Can Reclassify S Corp Distributions as Wages, Expert Warns

York, Pennsylvania – November 01, 2026 -- S corporation owners who pay themselves too little salary risk having the IRS reclassify shareholder distributions as wages, which can bring back payroll taxes, interest and penalties, according to accounting expert David Riggs of York, Pennsylvania.

Riggs' insights appear in a HelloNation article on how salary and distributions affect payroll taxes.

By Editor , 1 November 2026
Navy Mutual Honors MILMO Founder Langford With Education Award

Arlington, Va. – October 31, 2026 -- Navy Mutual Aid Association has awarded Lacey Langford, founder of MILMO and MilMoneyCon, its Lieutenant Timothy Dix Bolles Excellency in Education Award for 15 years of financial education work with the military community.

By Editor , 1 November 2026
NABEP Lifts Venezuela Rig Fleet to 41 as Output Hits 223,509 boe/d

Caracas – October 31, 2026 -- North American Blue Energy Partners (NABEP) will raise its in-country Venezuelan fleet to 41 of the 60 rigs it announced earlier this month, as production reached 223,509 barrels of oil equivalent per day on October 19, up from about 200,000 in August.

By Editor , 1 November 2026
Towards Buddha, ICP DAS Show iTLC-9000 Traffic Controllers at APTA 2026

CHICAGO – October 31, 2026 -- Towards Buddha Co., Ltd., the overseas distributor of the iTLC Intelligent Traffic Control System, exhibited the iTLC-9000 Series alongside technology partner ICP DAS at APTA 2026 TRANSform & EXPO in Chicago, targeting international buyers for smart intersection hardware.

By Editor , 1 November 2026
62% of Employers Say Staff Build AI Skills Faster Than Firms Adapt

Phoenix – October 31, 2026 -- Sixty-two percent of employers say their employees are developing AI skills faster than their organizations can adapt, according to findings cited in a new University of Phoenix College of Doctoral Studies white paper on rural workforce development.

By Editor , 1 November 2026
Emerson Reports No Political Payments in Five Years, PACs Closed

Washington, D.C. – October 31, 2026 -- Emerson says it has made no payments to political candidates, parties, committees, ballot measures, 527 organizations or 501(c)4 organizations over the last five years, according to its government relations disclosure. The company also made no independent political expenditures in that period, to the best knowledge of its Government Relations team.

By Editor , 1 November 2026
Gemma 4 reasoning flag lifts accuracy 48 points, cuts cost 6-8x

California – October 31, 2026 -- Switching off Gemma 4's default reasoning with a single flag raised accuracy by up to 48 points, cut cost 6x to 8x and made a correct answer up to 19x faster on short verifiable tasks, according to a 27-model local benchmark run on a Strix Halo machine with a power meter attached. The 12B and 26B variants rose from about 52% to 100% on the easy suite.

By Editor , 1 November 2026
Southwest Q3 Revenue Hits Record $8.4B, Margin Widens Despite Fuel

DALLAS – October 31, 2026 -- Southwest Airlines (NYSE: LUV) posted record third-quarter operating revenue of $8.4 billion, up 21.2% year-over-year, and widened its operating margin by 4.0 points to 4.5% even as fuel costs rose by $821 million.

Net income was $270 million, or $0.55 diluted EPS. Adjusted net income was $328 million, or $0.66 per share. The adjusted operating margin was 5.4%, up 4.8 points. Fuel cost $3.92 per gallon, against prior assumptions of $3.70 to $3.75, and cut $1.08 from adjusted EPS.

By Editor , 1 November 2026
Southwest Airlines Prices $1.25B Senior Notes at 5.75%-6.00%

DALLAS – October 31, 2026 -- Southwest Airlines Co. (NYSE: LUV) priced an underwritten public offering of $1.25 billion in senior notes, split into $600 million of 5.750% Notes due 2029 and $650 million of 6.000% Notes due 2031.

Two tranches carry coupons of 5.750% and 6.000%

The 2029 Notes total $600 million and the 2031 Notes $650 million. The offering is expected to close on or about November 2, 2026, subject to customary closing conditions.

By Editor , 1 November 2026
Profound Medical Books Montel Williams for Nov. 5 Let's Huddle Webinar

TORONTO – October 31, 2026 -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) has enlisted Emmy Award-winning broadcaster Montel Williams for its next Let's Huddle patient webinar on November 5, 2026, at 3:00 p.m. ET, extending the reach of its prostate care outreach program.