Getting to the Grand Canyon Skywalk used to include a teeth-chattering drive over a washboard road fraught with dips and twists.
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AP Seattle bureau names new reporter
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Martha Bellisle, an investigative and legal affairs reporter for the Reno Gazette-Journal, has been named an Associated Press reporter in Seattle.
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Draft Wyoming report finds no Pavillion well leaks
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A draft state report released Wednesday on a possible explanation why well water in a central Wyoming gas field smells foul and tastes bad points away from leaky gas wells as a source of the problem.
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SMEs failing to benefit from age diversity in employees
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Small and medium-sized enterprises are not doing enough to ensure age diversity in the workforce, research suggests.
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Sprint names new CEO
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Sprint is replacing its longtime CEO Dan Hesse with Brightstar CEO Marcelo Claure on the heels of a report that it is dropping its bid for rival wireless carrier T-Mobile.
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A look at Barbara Corcoran, 'Shark Tank' investor
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Barbara Corcoran, “Shark Tank” investor AGE: 65 HOMETOWN: Edgewater, New Jersey LIVES IN: Manhattan EDUCATION: Thomas Aquinas College CAREER: Founder of New York real estate brokerage The Corcoran Group and Barbara Corcoran Inc., the company that sets up her media and TV appearances, including “Shark Tank” FAMILY: Husband Bill, children Tom and Kate HOBBIES: Skiing, going to the beach LAST BOOK READ: Reread “Wuthering Heights,” by Emily Bronte; “it was as delicious as I remembered it.” FAVORITE QUOTE: When she consulted a large developer about a complex problem, he told her, “You’re a smart girl.
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Barbara Corcoran on her 2nd life with 'Shark Tank'
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Barbara Corcoran expects entrepreneurs to listen to what she says, and then do what they want.
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Pew: Split views on robots' employment benefits
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Robots and artificial intelligence could either kill low-skill jobs or create new types of work over the next decade.
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Tennessee Valley Authority to cut 2,000 jobs
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The nation’s largest public utility says it is eliminating more than 2,000 jobs as part of a $500 million cost-cutting campaign.
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Nu Skin Second-Quarter Results – $650 Million Revenue Down 3%
by Ted Nuyten • • 0 Comments
Nu Skin Enterprises, Inc. (NYSE: NUS) today announced second-quarter revenue of $650.0 million, a 3 percent decline over the prior-year period. Revenue was negatively impacted 2 percent by foreign currency fluctuations. Earnings per share for the quarter were $0.32, versus $1.22 in the prior-year period and were impacted by (i) a $50 million write-down of Mainland China inventory; and (ii) a $25 million charge due to a transition to the SICAD II exchange rate in Venezuela, which also increased the company’s effective tax rate for the quarter to 42.0 percent. Excluding these items, earnings per share would have been $1.13 per share for the second quarter.
“Our business performed in-line with our guidance for the quarter, with the exception of the China LTO, which occurred shortly after resuming our promotional efforts and did not meet our expectations,” said Truman Hunt, president and chief executive officer. “We are pleased, however, that we have seen key indicators in China stabilize since we began accepting new sales leader applications in May after a three-month voluntary cessation. Moreover, we recently received a new direct selling license for Wenzhou, China, expanding our direct selling footprint in this important market.
“We will continue to innovate in the dynamic