The nation’s largest company that manages pharmacy benefits is opening a new office building in St. Louis County as part of an expansion, which is expected to add 1,500 jobs over the next five years.
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Walker says he would back anti-outsourcing rules
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Gov. Scott Walker said Monday he would support efforts to ensure that tax credits and other economic development incentives do not go to companies that outsource jobs.
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Rule aimed at cutting coal-fired plant's emissions
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The federal government has come up with a final version of a rule meant to cut haze-causing emissions from the largest coal-fired power plant in the West.
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Vacationing? 5 Tech Tools for Managing Your Business
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It’s difficult to relax on the beach or enjoy time with family when you’re constantly wondering who will make sure everything runs smoothly. But don’t worry; there’s an app for that.
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'Test-Drive' Job Candidates for Hiring Success
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When you think you’ve found the right person for the job, you’ll likely want to get him or her on board as quickly as possible. But first impressions can sometimes be deceiving.
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Pet Parents, aka Big Spenders
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California governor to meet with Mexican president
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Gov. Jerry Brown is traveling to Mexico for three days of meetings and will discuss immigration with President Enrique Pena Nieto and separately with Central American diplomatic and religious leaders.
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Cookie Lee Founder Sells Company
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Cookie Lee, who turned her jewelry-making hobby into a nationwide empire of home-party consultants selling flashy trinkets and female empowerment, has sold her privately owned company.
The deal, made public, caps Lee’s nearly 23-year reign as one of the most successful home-grown success stories in Orange County. Buying the firm is Debbie Millar, who with her husband, Ron, is founding partner of HÔM, a luxury residential real estate group in Newport Beach. The brokerage reported $1.4 billion in sales in 2013.
“As I got older, I thought ‘What will happen? How can I continue a legacy, very much like how Mary Kay did?’” said Lee, 57, the effusive founder and now former president and chief designer of the Tustin-based business, in an interview with the Register.
“I thought how awesome it would be to have the opportunity to pass the baton,” Lee added. “Like a Mary Kay or a Kleenex, you can’t run it forever.”
Neither party disclosed the terms of the deal, which has been in the works for several months. What’s clear is that Millar will be leading and further modernizing the firm, which went through a rebranding last summer. Lee will not hold an official company role but will help if
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Healthy Home Company Buys OneBode
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American Green (OTC: ERBB) announced today that it has sold all of the assets of its wholly owned subsidiaries OneBode Holdings LLC and OneBode Ventures LLC for $3,500,000 to the Healthy Home Company and OneBode founders Sean and Tylene Loomer. OneBode was acquired by American Green in June of 2013.
The sales price reflects the value created in OneBode over the past year and locks in a solid rate of return for American Green shareholders. Simultaneously it will free both time and operating capital for American Green to focus on its other divisions as it expands and utilizes the offices formerly occupied by OneBode.
“Healthy Home is a rapidly growing business with a unique sales model that doesn’t require physical locations or cyber marketing. Rewarding people for telling others about their products is the oldest and most powerful form of advertising.
This model is perfectly suited to get the OneBode products to the people that need them,” comments Stephen Shearin, American Green President. “This is absolutely the best outcome for all parties involved and while we’ll miss the OneBode team and its enthusiasm, this will enable them to flourish in an organization perfectly suited to their endeavors.”
“Last year, when we were
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Thirty-One Gifts Host 15,000 Attendees At Their Convention
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Unicorns, confetti — and three-quarters of a billion dollars in sales in the past year.
Columbus-based direct-sales powerhouse Thirty-One Gifts brought 15,000 members of its independent sales force together yesterday at Nationwide Arena with the fervor of a rock concert to celebrate a banner year and introduce products.
It served as the opening session of the company’s national conference that continues through Sunday.
Cindy Monroe, the company’s founder, president and CEO, fed the frenzy, strolling onto the stage and declaring “We’re all really passionate — and we love to hug,” drawing a roar.
Clearly, the sales force is likewise enthusiastic about its products: personalized bags and home decor, mostly sold through in-home parties. Thirty-One Gifts sales consultants held 1 million parties, served 8 million customers and reported $740 million in sales, senior staff member Anthony McIntosh told the crowd.
While the top sales consultant averaged $11,664 per month and the company’s top sales team sold $2.4 million of merchandise, the typical house party sells $600 worth of merchandise, and the average item sells for $25, “which means we sell a lot of bags,” spokeswoman Sara West said.
The numbers made Thirty-One Gifts the 17th-largest direct-sales company in the world, according to Direct Sales magazine. Sales during the past four