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Chairman Jerome Powell and other officials have stressed that recovery is highly dependent on the nation’s ability to better control the coronavirus.

CEO Robert Cook has launched a task force and started assessing his own actions, he said in a panel at the Quad-A Vision conference.

Ameriprise, for example, has hosted more six times as many advisors virtually than it did in person last year.

Dennis Beresford was chairman of the Financial Accounting Standards Board from 1987-1997 and was previously national director of accounting standards at Ernst & Young. He is currently an executive in residence at the J.M. Tull School of Accounting at the University of Georgia. In 2004 he was elected to the Accounting Hall of Fame and received the AICPA Gold Medal for distinguished service. In 2006 he was selected as one of the inaugural inductees of the Financial Executives International Hall of Fame.

Jill R. Shah is a reporter at Employee Benefit News and Employee Benefit Adviser. She can be contacted via email at jill.shah@arizent.com.

Several companies said this week they’re slashing expenses as the economy limps along. Others would prefer to keep investing in new technologies to better gauge which changes in consumer behavior will stick.

Three out of the top four RIA custodians compete directly with their RIA clients through their networks of branch offices and call centers.

The bullion rally has shown signs of losing momentum as economies reopen.

Frank Scott is the mayor of Little Rock, Ark.

Francis X. Suarez is the mayor of the City of Miami.