Hot Business News Today

While major retailers like Target and Home Depot have made headlines in the past year because of data breaches, companies of all sizes face the same dangers. Overall, 43 percent of U.S. businesses suffered at least one cybersecurity incident this year.

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U.S. Businesses On Alert After Data Breaches

by Successful IBO • September 25, 2014 • 0 Comments

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Market America | SHOP.COM Earns Business Journal Fast 50 Award

by Nicole Dunkley • September 25, 2014 • 0 Comments

Market America|SHOP.COM has been recognized as one of the 50 top performing privately held companies for the 10th time by The Business Journal magazine. The magazine’s ‘Fast 50’ designation is determined, in part, based upon the company’s percentage revenue increase during the past three years.
“It is always an honor to be recognized by such a renowned business publication as the Business Journal,” said Anthony Akers, VP of Communications who accepted the award on behalf of Market America | SHOP.COM at the awards ceremony held on September 18th at the Carolina Theatre in Greensboro, NC.
“We have experienced tremendous growth during the past three years both domestically and internationally which positions us for exceptional growth in the years to come,” said Marc Ashley, Market America | SHOP.COM Chief Operating Officer. “We are thrilled to be recognized along with the strongest and most successful companies in our area.”
ABOUT MARKET AMERICA, INC. & SHOP.COM
Market America, Inc. is a product brokerage and Internet marketing company that specializes in One-to-One Marketing. Its mission is to provide a robust business system for entrepreneurs, while providing consumers a better way to shop. Headquartered in Greensboro, NC, the company was founded in 1992 by President and CEO JR Ridinger and has generated

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FDA Issues Warning Letters To Reprimand False Claims

by Nicole Dunkley • September 25, 2014 • 0 Comments

Young Living and doTERRA distributors were reprimanded after the Food and Drug Administration FDA issued warning statements via overnight delivery to CEO Gary Young and David Stirling. Young Living and doTERRA both use independent distributors as a sales-force.
The majority of complaints the FDA issued in the warning letters involved the way some independent distributors marketed the companies’ products. Primarily, the FDA was concerned with Young Living and doTERRA consultants’ online marketing material for the brands’ essential oils.
According to FDA regulations, neither dietary supplements nor essential oils are allowed to be marketed by the company that sells them in such a way that it appears as though the products can prevent, cure or treat any disease. If a company does market in that manner, the product is considered a drug by the FDA. If a product is a drug, it must be approved by the FDA. So, any product marketed to cure, treat or prevent a disease, that is not already an FDA approved drug, is considered an illegal, unapproved drug by the FDA.
The FDA found that Young Living essential oils were marketed for “viral infections (including ebola), Parkinson’s disease, autism, diabetes, hypertension, cancer, insomnia, heart disease, post-traumatic stress disorder

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USANA Partners With New York Giants Running Back Rashad Jennings

by Nicole Dunkley • September 25, 2014 • 0 Comments

USANA Health Sciences is proud to announce its partnership with New York Giants running back Rashad Jennings who will serve as its newest brand ambassador. Jennings joins more than 700 elite and world-class athletes.
In 2014, Jennings singed a 4-year contract with the Giants. On Sunday, September 21 he posted a career-best 176 yards and a touchdown on 34 carries as the Giants defeated the Texans 30-17, helping the Giants record its first win of the season (1-2).
“We are thrilled to announce Rashad as one of the newest members of Team USANA,” said USANA Chief Communications Officer Dan Macuga. “Not only is he an exceptional athlete, he is a testament of what it means to live a healthy life, and we look forward to watching him perform this season.”
Health and fitness have been vital to Jennings’ success on and off the field. “I was overweight as a kid and rode the bench in high school, but always dreamed of playing in the NFL,” said the six-year veteran. “I knew that I had to figure things out and commit to bettering myself physically to reach my goals and USANA has helped me stay on that path to become the player I am today.”
To

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SEC Action Against Zhunrize May Effect Dubli

by Ted Nuyten • September 25, 2014 • 0 Comments

Recently the SEC alleges Zhunrize to drive a Pyramid Scheme and the SEC’s argument is “substantially all of Zhunrize revenue has comes from the sale of memberships (referred to as stores)”.
Dubli is a larger MLM with a simular e-commerce program and cashback shopping mall and has been expanding to the USA.
Dubli’s strategy is very open as it is a public company and has warned in its own report:
“Continuing analysis of the customer subscriptions, the inherent danger Dubli faces is that, in bundling so many subscription vouchers with paid affiliate memberships, there won’t be a significant amount of customers purchasing subscriptions”.
And:
We are subject to the risk that, in one or more markets, our network marketing program could be found not to be in compliance with applicable law or regulations.
Regulations applicable to network marketing organizations generally are directed at preventing fraudulent or deceptive schemes, often referred to as “pyramid” or “chain sales” schemes, by ensuring that product sales ultimately are made to consumers and that advancement within an organization is based on sales of the organization’s products rather than investments in the organization or other non-retail sales-related criteria.
Affiliate membership to Dubli is available at three price-points:
Business License – $594 ($99 +