A deal to create the world’s largest cement maker has been put on hold after the board of Swiss company Holcim said it doesn’t accept the terms of the merger.
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15 Tips for Getting Hired, Fast
by Holly - The Work at Home Woman • • 0 Comments
By Holly Reisem Hanna Finding a work at home job can be very time consuming. Not only do you have to weed through the scams and sift through the various job sites to find the opportunities, but you need to make sure that the job is a good fit. Add in time for networking, polishing […]
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LiveSmart 360 Distributor Fined In Europe
by Ted Nuyten • • 0 Comments
A LiveSmart 360 Distributor in Belgium was fined $1,200 by the belgium food authority for selling unregistered products. The company hasn’t responded to the belgium distributor requesting corporate help.
If a Direct Selling Company sells a supplement / product in USA, it does not mean that product is automatically allowed in other markets….
Europe has strict laws and basically companies needs Product Compliance if opening european countries.
If there is NO product compliance this can cause a lot of problems for independent distributors and fines up to $10,000 per case.
As reported on March 7:
For example, in the EU LiveSmart 360 allows Distributors to join from across Europe, yet two years after initially expanding into the region only a few countries are completely registered and open.
In spite of this, the Company is touting yet more international
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Experts: Testimony in gender bias case won't tilt jury
by Successful IBO • • 0 Comments
The trial of a $16 million gender bias lawsuit against one of Silicon Valley’s most prestigious venture capital firms had the potential for a dramatic showdown last week when plaintiff Ellen Pao took the witness stand.
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Solavei To Exit Bankruptcy, Merge with Aspider
by Ted Nuyten • • 0 Comments
Six months after Solavei announced it was going to launch into a new phase of its development, the company said it filed a bankruptcy reorganization plan to merge with ASPIDER, a Netherlands-based Infrastructure as a Service provider that works with mobile operators.
Terms of the deal remain confidential.
Social commerce network and mobile service provider Solavei filed its plan of reorganization today and announced it will merge with industry leader ASPIDER, a Netherlands-based company that has provided core mobile infrastructure and services to over 100 mobile service providers and millions of subscribers throughout the world. Terms of the deal remain confidential.
With over 400,000 people that have become members in the past two years, Solavei will continue to deliver and grow its social commerce network to fulfill its vision of positively impacting millions of
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Live-streaming apps dominate buzz at South by Southwest
by Successful IBO • • 0 Comments
A live-streaming app called Meerkat, calls to online activism and pedicabs with a “Game of Thrones” Iron throne seat were the top topics of conversation at South by Southwest over the weekend, as 33,000-plus members of the technology, marketing and media industries poured into Austin, Texas.
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This Week: FBI Probes Herbalife Stock Manipulation, Disney Star Teams with Mary Kay
by mallen@directsellingnews.com • • 0 Comments
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“75% Of Irelands Direct Sellers Are Female.”
by Tina Williams • • 0 Comments
BusinessAndLeadership.com reports: Figures released from the Direct Selling Association of Ireland (DSAI) have revealed that 75pc of the industry’s 20,000 direct sellers are now female, while 30pc are stay-at-home mums.
Contributing €50m a year to the Irish economy, direct selling is where goods are sold direct to consumers outside of a fixed shop.
Lynda Mills, director general of the DSAI, said: “There is a new type of female entrepreneur emerging in Ireland – women who are selling products they love and building really strong businesses through direct selling.
“We are seeing more and more women being attracted to direct selling because it can fit so easily around other commitments – whether it’s children, education or another job.”
The figures released by the DSAI are based on its survey of its member companies including Amway, Forever Living and
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Tables Turn: The FBI Is Investigating Bill Ackman And His Campaign Against Herbalife
by Tina Williams • • 0 Comments
The FBI and federal prosecutors are interviewing people related to hedge-fund manager Bill Ackman for potential Herbalife stock manipulation, reports The Wall Street Journal.
They’ve asked for documents related to the stock. Neither Ackman nor his hedge fund, Pershing Square, have been served with a subpoena.
Ackman has been publicly shorting Herbalife since December 2012. He has said that the multilevel-marketing nutrition firm is a pyramid scheme and that his hedge fund, Pershing Square, is shorting its stock to zero.
Here’s The Journal on exactly what investigators are trying to figure out in this case:
Prosecutors in the Manhattan U.S. attorney’s office and New York field office of the FBI have conducted interviews and sent document requests in recent months in connection with the investigation, which is looking into whether people, including some hired by Mr. Ackman,
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Medifast Drops To Loss In 4th QRTR As Revenue Plunges
by Tina Williams • • 0 Comments
Weight-loss company Medifast Inc. lost more than $3 million over its fourth quarter as revenue plunged more than 11 percent in earnings released Thursday afternoon.
Owings Mills-based Medifast (NYSE: MED) lost $3.4 million, or 28 cents per share, in its fourth quarter ending Dec. 31 — a year after posting a profit of $5.3 million, or 39 cents per share, in the same quarter.
The company shed more than $8 million in revenue year-over-year, posting $62.3 million in the 2014 fourth quarter. Revenue missed Wall Street estimates averaging $69.4 million in analyst polling from Thomson Financial Network and company stock was down more than 8 percent in after-hours trading.
That revenue drop came as Medifast’s two largest moneymaking divisions lost sales. Revenue plunged 12 percent to $45.7 million at the company’s direct sales channel, Take Shape for