The case of the US Federal Trade Commission against diet supplement giant Herbalife has come to an end as neither side fully gets what they wanted. Herbalife was able to escape the lawsuit without being labeled as a “pyramid scheme,” worth a lot more than the $200 million fine they were forced to pay, as… Continue Reading
Beginning on July 1 Amazon.com, Inc will drastically reduce the fees it charges merchants to sell items such as screen protectors, USB cables, and other small flat products that can easily fit into an envelope. This move is a direct competitive threat to giant companies it competes with like eBay, Alibaba Group Holding Ltd, and… Continue Reading
Summer is here, not only causing the temperatures outside to rise, but also the price of oil. The warmer months mean vacations and increased driving, which in turn drives up oil prices as demand climbs. The rise is for American oil; internationally prices were kept down by increased output in the Middle East, which caters… Continue Reading
The Republican party has traditionally been the political home of business in America. This usual refuge of the wealthy and small-government minded electorate are having their presumptions stood on their heads as Donald Trump appears likely to be the Republican nominee for president in the upcoming election. Just as mainstream Republican party supporters have watched… Continue Reading
Business is booming in Texas, at least according to the annual Governor’s Cup list in Site Selection magazine. Texas outshone the other 49 states with 702 new and expanded business and industrial facilities. It was the third year in a row that Texas topped the list. Ohio placed second, with 517 new projects last year.… Continue Reading
If you are a new estate planner (or a seasoned one for that matter) then you should probably know about the National Association of Estate Planners & Councils (NAEPC). Their goal is to promote a multi-disciplinary approach to estate planning through the support of local estate planning councils. They have many materials that are helpful,… Continue Reading
US Magistrate Judge James Orenstein ruled that the US Department of Justice cannot force Apple to give the FBI access to locked iPhone data. Justice was trying to use a 227-year-old law to force Apple to create specialized software that does not now exist to help the FBI get into a cell phone which is… Continue Reading
This year’s Annual Realscreen Summit – now in its 18th year – attracted a staggering 2,351 delegates hailing from 29 countries. Hosted by the Marriott Marquis Washington DC, the goal of the summit is to “conduct business and examine the trends and ideas set to lead the non-fiction and unscripted genres into the future.” For… Continue Reading
The pot trade is booming: according to a new study, commerce in cannabis reached $5.4 billion in 2015, representing a 184 percent increase compared to the previous year. As Troy Dayton, chief executive of the ArcView Group commented, “You won’t find another industry growing at that kind of clip.” The study appeared in the fourth… Continue Reading
Former Boeing exec Doug Nichols of Aerion is developing s supersonic 12-seat jet which promises to get its passengers from New York to London in a mere 4.5 hours. That is about 3 hours faster than conventional jets. Nichols is betting that the savings of time the new plane will provide will be worth the… Continue Reading