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3 Things You Should Think About Before Selling a Business

Posted by on Sep 29, 2017 in Featured News | 0 comments

There are many reasons to sell a business. It may be that the current owner seeks a change of pace or a new opportunity, or maybe it is a financially beneficial move on the part of the owner. Maybe the owner is retiring, the number one reason to sell according to IBBA Market Pulse. Regardless of why the decision to sell is being considered, there are a number of factors that need to be given careful thought before any documents are signed. Selling a business is a permanent step; once it’s done, the business is sold and it can’t be reclaimed. So to help business owners out there make the right choice, here are a few things to consider: Selling A Business Before Retirement: Consider The Emotional Impact Retiring can be an emotional time period and one full of...

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Insys Therapeutics Inc. Sued by Arizona Over Unlawful Prescription of Synthetic Opioid

Posted by on Sep 27, 2017 in Featured News | 0 comments

The state of Arizona is in the process of suing Insys Therapeutics Inc., accusing the company of fabricating a scam to increase sales of Subsys, a cancer pain medication. The accusation states Insys paid doctors to write prescriptions for Subsys and convinced the patients’ insurance providers they had cancer in order to receive the opioid. Along with the company, three doctors, Steve Fanto, Nikesh Seth, and Sheldon Gingerich, are also being sued for writing unnecessary prescriptions. These prescriptions generated over $33 million in sales between March of 2012 and April of 2017. This lawsuit seeks for the defendants to be terminated from participating in unfair or deceptive acts, restitution for customers, and the discharging of any illegally gained profits. Each violation will cost the company a civil penalty of up to $10,000. In December, a lawsuit in Boston charged...

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Need Good News? Families and Schools Thankful For Back To School Donations

Posted by on Sep 6, 2017 in Featured News | 0 comments

It’s time for the kids to gather up their supplies, put on their cool new clothes, strap on their backpacks, and hop back on the bus. Back to school season can be one of the most exciting times of the year. Unfortunately, there are plenty of families across the country that dread these stressful days because they simply don’t have the money to afford high quality backpacks, folders, pens and pencils, rulers, scissors, crayons, binders, calculators, new clothes, and other school supplies for their kids. Luckily, countless families in need can depend on the many Good Samaritans out there who would love to help them out. Many donated products are given new life in the U.S. and abroad. Internationally, more than 14.3 million tons of donated American textiles help clothe people and families across the globe. But when it...

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Arizona State’s Tooker House Offers High-Tech Living To Engineering Students

Posted by on Sep 1, 2017 in Featured News | 0 comments

For some, it can be difficult to keep up with the latest and greatest advancements in technology. After all, it seems like there’s at least one new gadget making headlines every day. But for engineering students at Arizona State University, it’s just become that much easier to keep up with technological trends. Now, their residence hall comes equipped with everything from 3-D printers to Amazon Echo Dot virtual assistants. Tooker Hall, a new facility meant to house 1,600 ASU engineering education students, recently opened with quite a bit of fanfare. Kyle Squires, the dean of Fulton Schools of Engineering at the university, explains what they’re trying to accomplish with the new digs. “Innovation has a new home address at Tooker House,” said Squires to American School and University. “This mixed-use living and learning facility sets a new standard in...

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Home Depot and Lowe’s Aren’t Amazon-Proof After All…

Posted by on Aug 30, 2017 in Featured News | 0 comments

Working on a home is one of the joys of being a homeowner. And to do these home improvement projects, one generally has to go to the right stores to get the materials that they need. Despite this, home improvement stores like Home Depot and Lowe’s may be under threat from a newcomer in the field: Amazon. Lowe’s and Home Depot have long been touted as being “Amazon-proof”, but that fact might not be so certain anymore, analysts believe. The information comes from a CNBC.com article about the quarterly earnings of Lowe’s, with many investors paying attention to the impact that Amazon had on the retailer. One of the individuals watching the earnings is Boris Schlossberg, the managing director of foreign exchange strategy at BK Asset Management. The expectation is that Amazon’s e-commerce convenience has negatively impacted home improvement...

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