Jonathan Berr

LuLaRoe's business is booming, but some sellers are fuming

LuLaRoe, already fighting a lawsuit accusing it of improperly taxing customers, is now under fire from some of the very salespeople who have powered the multi-level marketer’s meteoric growth as a seller of women’s clothing. Sales representatives with LuLaRoe -- who are technically independent contractors -- have told CBS MoneyWatch the company misled them about the time and risks involved in launching a LuLaRoe business, as well as the potential income people can earn from becoming a “consulta

Preventing Client Complaints Before They Happen

The way that Dochtor Kennedy sees it, investors and broker-dealers have plenty of lawyers eager to fight for them when they have a problem with a financial advisor. In contrast, the rights of the advisor are ignored, especially at big firms where their employers may be eager to protect the company from liability, he asserts. Kennedy founded AdvisorLaw in 2016 to represent advisors facing client complaints and actions brought by the Securities & Exchange Commission, Finra, or state regulators. T

‘Jeopardy!’ Executive Producer Mike Richards Is The Safe Host Choice

Few people are more qualified to chose or be the next host of Jeopardy! than Mike Richards, at least on paper. Richards is the Executive Producer of Jeopardy! and its sister show Wheel of Fortune. He was also the show-runner for The Price is Right and Let’s Make a Deal. When longtime Price host Bob Barker retired in 2007, Richards unsuccessfully auditioned for the job, losing out to Drew Carey. In addition, Richards hosted game shows Beauty and the Geek and The Pyramid. Data from LG Ads shows

Delta variant of virus upends plans for return to office for Apple, tech giants – Remote Report

Just as some businesses start to envision a return to in-office work, the surge of a more transmissible Covid-19 variant is forcing many tech giants including Apple to hit the pause button once again. Apple, under pressure from some employees worried about the surge in cases of the delta variant of the coronavirus, reportedly delayed reopening its offices by at least a month, to October at the earliest. It also recently required employees and customers to wear masks in more than half of its 520

Schools are now buying insurance against mass shootings

Here's yet another impact of the rash of school shootings that has plagued America in recent years: Interest in insurance coverage against such incidents is on the rise from both public and private schools. That's especially so in the wake of the latest high-profile mass shootings that left more than two dozen dead at high schools in Florida and Texas, according to companies that sell this type of insurance. Officials at McGowan Cos., which says it's the largest underwriter of "active shooter"

Most NFL players don't buy disability insurance

Most NFL players don't purchase disability insurance despite the risk of injury from playing professional football, according to insurance underwriters. Many players are unwilling to pay for the coverage and are sometimes advised against buying it, said Chris Larcheveque, an executive vice president of International Specialty Insurance, one of four companies authorized by Lloyd's of London to underwrite these policies He estimates that only about 40 percent of NFL players have this coverage. "

Why Fox News Pays A Price To Stick By Tucker Carlson

Fox News ignored calls from the Twittersphere to fire Tucker Carlson over his remarks about the Kenosha, Wisconsin shootings earlier this week that critics say tried to justify the actions of the suspected gunman. Standing by its controversial host, however, has cost the network millions in advertising revenue. The top-rated news channel also didn't can Carlson last month when he came under fire for warning viewers of Tucker Carlson Tonight that a Black Lives Matter mob was coming to get them.

Carl Icahn Wins Seat on Blockbuster's Board

Billionaire Carl Icahn won a seat on Blockbuster's board after accusing CEO John Antioco of wasting money on attempts to get customers back into video-rental stores and paying himself too much. Mr. Icahn, Blockbuster's biggest shareholder, got enough votes at yesterday's annual meeting to become a director, along with Icahn nominees Strauss Zelnick and Edward Bleier, said General Counsel Edward Stead. Mr. Antioco will remain chairman after a vote to expand the board by one seat, the company sai

Comcast, Disney in multi-billion dollar bidding war for Fox assets

Comcast on Wednesday bid roughly $65 billion to buy parts of 21st Century Fox, setting off a bidding war with Disney for control of the target's studios, sports networks, cable TV networks and other premium assets. But the most prized asset of all is Fox's stake in Hulu, the video-streaming service seen as a potential rival to industry leader Netflix (NFLX). "Hulu is the crown jewel in the battle royale for the Fox assets," said Daniel Ives, chief strategy officer and head of technology researc

The surprising source of much U.S. air pollution

Your shampoo, along with other common household products, produces almost as much air pollution in the U.S. as the millions of cars, trucks and other vehicles belching fumes into the atmosphere. According to a recent paper published in the journal Science, so-called volatile organic compounds, or VOCs, contained in consumer products and industrial sources like shampoo, perfume, paint and cleaning supplies emit two to three times as many pollutants as scientists previously believed. That is sur

Teva's pricey Parkinson's drug unnerves some patients

The price of one of the most commonly prescribed treatments for Parkinson’s disease has surged more than 200 percent over the past decade. That’s making the drug, Teva Pharmaceutical’s Azilect, unaffordable for some patients afflicted with the progressive and incurable disease. According to market researcher Truven Health Analytics, the wholesale price of Azilect was $634.70 as of July 1 for 30 tablets, up from $204.60 in June of 2006, a month after the U.S. Food and Drug Administration approve

Tennessee town dispels 'meth-gator' myth

Does flushing drugs down the toilet create freakish super-aggressive "methed-up" alligators? Probably not, biologists say, but that hasn't stopped one small town Tennessee police force from having a laugh after their Facebook "warning" went viral, writes Jonathan Berr. The midsummer bulletin by Loretto Police started as a routine description of the arrest of suspect Andy Perry who was caught unsuccessfully attempting to flush liquid methamphetamine down the loo. But it took a turn for the weird

How a pro gambler 'cracked' a top US game show

Jeopardy - the iconic US trivia game show where contestants must answer clues "in the form of a question" - has never come across a contestant quite like professional gambler James Holzhauer in the decades it has been on air, writes Jonathan Berr. Not only has Mr Holzhauer become only the second contestant in the show's history to earn more than $1m (£773,000) in one go, he has also hit the milestone over his multi-game spree faster than anyone in the show's history. No one has come close to c

Schools are now buying insurance against mass shootings

Here's yet another impact of the rash of school shootings that has plagued America in recent years: Interest in insurance coverage against such incidents is on the rise from both public and private schools. That's especially so in the wake of the latest high-profile mass shootings that left more than two dozen dead at high schools in Florida and Texas, according to companies that sell this type of insurance. Officials at McGowan Cos., which says it's the largest underwriter of "active shooter"

'I had my misgivings about going abroad for surgery'

When Melissa Moore travelled from the US to Costa Rica for knee replacement surgery she decided to keep it a secret. "I didn't tell my friends and family because I didn't want them to say 'are you crazy?'," says the 53-year-old. "Of course I also had my own misgivings about travelling to Central America and having major surgery." Melissa, from the town of Brandon in Mississippi, is one of a growing number of people around the world who are going abroad for cheaper or quicker medical treatment

Hallmark, Famous For Christmas Movies, Plans Two Hanukkah Features

The Hallmark Network, whose lineup of Christmas-themed romantic comedies is as much a part of the holiday season as cold temperatures, ugly sweaters and fruit cakes, has two movies with Hanukkah themes under development that it plans to air next year. Officials at Crown Media, the parent of Hallmark and its sister network Hallmark Movies & Mysteries, said the movies are in their early stages. The script of one called “Holiday Date” is being written. According to a company spokeswoman, It will h

Media Companies Profit Handsomely From The Political Ads Voters Despise

Voters are probably sick of political advertisements for the midterm elections, but for the owners of television networks and stations and digital media sites, they are the gift that keeps on giving. Advertising revenue at NBC parent increased 15.2% in the most recent quarter, largely because of increased political spending at the company’s dozen local TV stations and its cable networks, including CNBC. Midterm ad spending helped push up revenue for the local media unit of by 9.3%, to $434 mill

Sprint and T-Mobile: Will second time be a charm?

Sprint's (S) controlling shareholder Masayoshi Son has made no secret of his urge to merge the fourth-largest wireless provider with another carrier. In recent months, Son, who heads Japan's SoftBank, has reportedly held buyout talks with Comcast (CMSCA) and Charter Communications (CHTR) but now has turned his sights -- once again -- to T-Mobile (TMUS). The two companies previously held merger talks in 2014, when Sprint was seeking to become the majority owner of the combined carriers. The $32

3 Insurance Stocks to Buy Amid Hurricane Harvey's Wreckage

Let me be the first to admit that investing in the insurance industry is about as exciting as watching paint dry. Thanks to the attention the sector is getting because of Hurricane Harvey, however, boring can be beautiful. First thing’s first. Insurers are going to be fine after Hurricanes Harvey and Irma. The industry has an enormous cash cushion, estimated by CFRA at $300 billion. Early estimates from JPMorgan indicate that insurance losses from Harvey could be between $10 billion and $20 bil
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