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Fresenius headquarters in Bad Homburg near Frankfurt, Germany, February 27, 2018. REUTERS/Ralph Orlowski FRANKFURT, Feb 9 (Reuters) – German healthcare group Fresenius SE (FREG.DE) said on Thursday it was potentially ready to cede control over Fresenius Medical Care (FMC) (FMEG.DE) , after a fall in earnings at the world’s largest dialysis company. Shares in FMC were down 3.4% at 1538 GMT, while Fresenius stock surged 4.3% after it said it was considering de-consolidating the subsidiary, meaning its sales would no longer be fully integrated into its financial reports. Elliott Investment Management took a stake in Fresenius SE in October, a person familiar with the matter told Reuters at the time, sparking speculation the activist investor might push for a break up of the diversified healthcare company. FMC, which has been hit hard by U.S. staff shortages and cost inflation this year, slashed its annual outlook twice last year, also pulling down Fresenius’ forecasts. Confirming an earlier report by business magazine WirtschaftsWoche, Fresenius said in a statement that it was also looking into abandoning FMC’s legal form of AG & Co. KGaA, which gives it strategic control and the right to appoint leadership positions even though it only holds 32% […]

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Ready to build your freelance business? Here are 3 steps to launch with success. getty The etiology of the word “freelance” comes from Sir Walter Scott’s novel Ivanhoe . It’s two words combined to refer to medieval mercenaries who would fight for whichever nation paid them the most—mercenaries yielding a lance. Today the word is used to describe pursuing a career free of long-term commitment, and not unlike its origin, many freelancers work for the highest bidder. Freelancing as a career is growing. A Fiverr study reported that 73% of US workers plan to freelance in 2023, and 31% of full-time freelancers make more than $75,000 per year. In fact, Google hires more freelancers than permanent workers. As companies tighten the reins to prepare for a potential recession, more will turn to freelancers to avoid the costs of hiring full-time staff—one employee typically costs 1.25 to 1.4 times base salary , according to the Small Business Association. But what is the most successful way to launch a freelance business? In the simplest terms: decide on a niche, get the word out, and ask for reviews. 1. Find your niche . Begin with a list of 10 to 15 of […]

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Jordan Dené Ellis poses with a copy of Sartorial Geek. Jordan Dené Ellis Jordan Dené Ellis is the giant nerd behind Jordandené , a geeky fashion brand started in 2011. In 2018, Ellis also co-founded The Sartorial Geek, a nerdy print magazine, podcast, and online community. “When someone is able to be themselves, love what they love, and help bring other people together around the things that they love, it’s total magic” says Mallory Shoemaker, Content Strategist at Adobe Express. Jordan Dené Ellis poses with a book that contains the quote on her specially-branded shirt. Jordan Dené Ellis She has since taken her enthusiasm for community to work at Adobe, showing small business owners and brands how to level up their creative workflows with Adobe Express. Goldie Chan: Hello Jordan, thanks for joining us. What has your career path been? Jordan Dené Ellis: My career path has taken me through a pretty untraditional route. In college, I thought I would be a teacher, and I graduated with an elementary education degree. Before even finishing school, I realized that teaching is an incredibly challenging and underpaid career (to all the teachers out there, you are saints), so I opted into […]

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In honor of Black History Month, CEO and co-founder Tracey Richardson shares the “secret sauce” behind the success of her Black-owned small business, Lillie’s of Charleston. "May you never feel unwanted, unloved, or hungry." That’s the motto of Lillie’s of Charleston , a Black-owned, family business that makes barbecue sauces, hot sauces, and spice mixes with flavors from home cooks and ancestors from the coastal South that date back generations. Tracey Richardson, CEO and co-founder of Lillie’s of Charleston. CEO and co-founder Tracey Richardson said it began in the early 1950s in Charleston, South Carolina, where her father spent his summers in the kitchen with his grandma and Aunt Lillie. No matter who came to visit, the women never let guests leave feeling unwanted, unloved, or hungry. Channeling the mantra, Richardson’s dad went on to own The Rib Shack in downtown Charleston, where he introduced his sauces in 1985. This was the genesis for the family bottling the sauces named after their beloved aunt, who represented a generation that taught their kin how to cook with love. But the "special sauce" behind Lillie’s of Charleston goes further than that. What some people don’t know is these flavors date back […]

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The Connecticut state flag.(portal.ct.gov) Mr. President, Mr. Speaker, Senator Kelly, Representative Candelora, Lieutenant Governor Bysiewicz, members of the General Assembly, since I last joined you here in the people’s chamber, we lost a champion for Connecticut, Representative Quentin “Q” Williams. Q fought for a more equal and just Connecticut. Let us all dedicate ourselves to that work. My primary focus for the next two years, and beyond, will be economic growth and inclusive opportunity. That is what my proposed budget will deliver. For the first time in over a generation, Connecticut has enjoyed strong economic and population growth – more taxpayers, a growing economy, coupled with our shared fiscal discipline, has resulted in four consecutive balanced budgets – soon to be five. Building off this momentum, my budget continues to grow the economy through a middle-class tax cut, investments in our young families, education, workforce training, workforce housing, and helping families eliminate medical debt. We continue to move from rescue to recovery, lifelines to ladders to opportunity. None of this would be possible if not for our collective hard work over the last four years which is the foundation of which our next chapter of growth and opportunity for […]

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Source: Hain Celestial Group, Inc. LAKE SUCCESS, NY. — Recognizing that the Hain Celestial Group’s brand building investment historically has been below the industry average, Wendy P. Davidson, the company’s new president and chief executive officer, is committed to correcting the situation. “I was a bit surprised (since) joining the company that some of our brands haven’t been on air in over a year, and we haven’t been in a position to be able to keep them top of mind with the consumer,” she said during a Feb. 7 conference call to discuss second-quarter results. Ms. Davidson took over as CEO a few weeks earlier from Mark L. Schiller , who transitioned to non-executive director on the company’s board. She emphasized that earlier supply chain issues limited investment in some of the company’s brands, but with those issues mostly resolved the investment will restart. Ms. Davidson also intends to explore the potential of each of Hain Celestial’s brands. “(If) you look at our business today, we have some wonderful regional and local gems that … are No. 1 or No. 2 in their categories in their region,” she said. “They may only stay local or regional but we do […]

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Marty Flanagan is retiring as President and CEO of Invesco Ltd. (NYSE: IVZ), the company announced Wednesday. Flanagan has held his current position with the firm since 2005. He is the 16th-highest paid executive of a Georgia public company, according to Atlanta Business Chronicle research. He has a total compensation of more than $12 million. Following his retirement, Flanagan will continue as chairman emeritus of the company through Dec. 31, 2024 to provide advice and guidance to the company. "During his time at Invesco, Marty’s relentless focus on understanding and meeting client needs while building a world-class investment organization has helped Invesco strengthen its global leadership position and grow its AUM from $400 billion to $1.4 trillion," said G. Richard Wagoner, Jr. , chair of the Invesco Ltd. board in a release. Andrew Schlossberg , senior managing director and head of the Americas, will succeed Flanagan as president and CEO of Invesco. All of the announced moves are effective June 30. Schlossberg has been with Invesco since 2001, serving in multiple leadership roles including senior managing director, head of EMEA (Europe, the Middle East and Africa), head of U.S. retail distribution and global ETFs, U.S. chief marketing officer and […]

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New York CNN — Breakfast at Taco Bell has been saved — and the chain has Pete Davidson to thank. Sales of Taco Bell’s breakfast burritos and egg-stuffed quesadillas jumped 9% in the fourth quarter of last year, executives at its parent company Yum Brands said in an earnings call Wednesday, attributing the growth to the comedian’s appearance in its ads. Overall, that helped bolster Taco Bell’s US sales, which jumped 14%, beating analyst expectations. In October, Taco Bell hired the former “Saturday Night Live” star to spearhead a new ad campaign for its breakfast menu. The cheeky ads show Davidson apologizing for the chain’s past breakfast creations, like the Naked Egg Taco, and told customers it would just stick to the basics. “We honestly over-innovated in breakfast,” Sean Tresvant, Taco Bell’s chief brand officer, told CNN last year. “When you look at today’s consumer and the [fast-food] breakfast business, it’s about familiarity and it’s about comfort.” Breakfast is becoming more of a bright spot for Taco Bell since it was brought back in 2021 following a brief pandemic-induced pause. Taco Bell’s offerings have long been overshadowed by its more established competitors, notably McDonald’s (MCD) . Breakfast makes up […]

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California-based insurtech NEXT Insurance and LegalZoom have announced a partnership to help small business owners create and protect their businesses online. Under the partnership, NEXT’s fully embedded insurance product, NEXT Connect, will allow small business owners to get a quote for small business insurance and purchase a plan without leaving the LegalZoom platform. According to a LegalZoom survey, only 9% of entrepreneurs said they already had business insurance when forming their businesses. However, having business insurance is a critical – and sometimes legally required – part of setting up a business, LegalZoom said. “LegalZoom is committed to investing in technology that helps support small business owners every step of the way, and embedded integration in LegalZoom’s platform with NEXT helps us deliver on that commitment,” said Kathy Tsitovich, chief corporate development and partnerships officer for LegalZoom. “This technology-first approach we have taken with NEXT allows us to create tailored experiences for our customers while giving them the confidence that they are setting up their business for success.” In addition to the embedded experience on the LegalZoom platform, customers can consent to have their information automatically populated within NEXT Connect to make exploring their insurance options faster. “Insurance and legal […]

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Courtesy In 2015, I led the effort to pass Medicaid expansion in Montana because our state needed a new path forward. As a business owner, I know how expensive healthcare is for businesses and how important it is to have healthy employees. At the time, I also served on the board of my local hospital and knew the challenges of providing healthcare to people without insurance. Montana’s hospitals were awash in uncompensated costs. The results of Medicaid expansion have exceeded my expectations. I hear stories about how it helps people. To me, data is king, and study after study shows an incredible return on investment. Ultimately, Medicaid expansion became the largest, most focused, and most successful economic development plan in Montana’s history. Wyoming has the opportunity to see the results Montana has seen. Let’s dig into the numbers. Since its passage, Montana has seen an increase in workforce participation between 6 and 9% within the expansion population. Healthy people show up to work consistently, get and keep better-paying jobs, and are less reliant on government programs. Montana’s expansion enrollees only stay in the program for an average of 2.1 years because the health benefits and the cost savings improve […]

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