Keurig Green Mountain says most of the layoffs it announced this week will be in Vermont.
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Winnebago announces retirement of chief executive
by Successful IBO • • 0 Comments
Recreational vehicle manufacturer Winnebago Industries says company president and CEO Randy Potts is retiring and former chief executive Robert Olson will return to lead the company until the position is filled with a permanent replacement.
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Chicago plans $250 million in renovations at Midway Airport
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Nearly $250 million of improvements are coming to Midway International Airport, the city of Chicago announced Thursday, including additions and renovations at its security checkpoints, parking garage and concessions.
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Trévo Continues To Growth Worldwide
by Ted Nuyten • • 0 Comments
It’s been a busy summer for Trévo, as the company is just weeks removed from grand opening events in several new countries as well as the launch of a completely new system, including a brand new corporate website, new personal sites, and a new back office system.
TRÉVO’S Founders are Mark and Holli Stevens who have a proven track record of over 16 years as owners of a successful network marketing company. Mark and Holli have also been on the “other side of the table” as independent representatives, building organizations with tens of thousands of members.
This dynamic duo also possess nearly four decades of combined business ownership expertise.
The company also rolled out new features for Trévo Builder, a personal online system designed to help their Life and Health Coaches grow and operate
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Chip cards? Small business owners unaware of planned changes
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A majority of small-businesses owners are unaware of an impending shift that could leave them liable for fraud committed with a new generation of chip-imbedded credit cards.
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Herbalife Q2 Revenue Down 11% To $1.2 Billion
by Ted Nuyten • • 0 Comments
Herbalife Ltd. (NYSE: HLF) reported second quarter net sales of $1.2 billion. Local currency net sales grew by 1%, while reported net sales declined 11% primarily due to the continuing unfavorable impact of currency exchange rates.
Adjusted1 earnings for the quarter were $1.24 per diluted share compared to $1.55 per diluted share for the same period in 2014.
On a reported basis, second quarter net income was $82.8 million, or $0.97 per diluted share, compared to $119.5 million, or $1.31 per diluted share for the same period in 2014. Second quarter 2015 diluted EPS was negatively impacted by a $0.412 currency fluctuation.
For the quarter ended June 30, 2015, the company generated $197.6 million in net operating cash flow, and invested $16.2 million in capital expenditures.
The company is raising its adjusted diluted EPS
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Honolulu council expands ban after complaints about homeless
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The Honolulu City Council has voted to expand the ban on sitting and lying on sidewalks following complaints from tourists about homeless people living near the beach.
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Keurig plunges on 3Q sales; says it will cut around 330 jobs
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Keurig Green Mountain reported disappointing quarterly sales Wednesday and said it will eliminate around 330 jobs, or 5 percent of its staff, as it tries to reduce costs.
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More employers dangling unusual benefits to hook workers
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Netflix’s decision to give its workers up to a year of paid leave after the birth or adoption of a baby is the latest example of the unusual benefits that companies have been dangling as they try to attract and retain people with highly coveted skills.
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Idaho lawmakers scrutinize state's contracting system
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Lawmakers are considering revamping the state’s contracting system after seeing a string of scandals plague some of Idaho’s most expensive contracts for years.