Tag: business news today usa

Terminating Your Physician Employment Agreement

Many of our physician clients are unaware of their termination rights prior to meeting with us.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog ).

If you want to terminate your employment, the first thing you need to do is read your contract.

Most physician employment agreements have substantial termination provisions. You need to know what yours says regarding termination with and without cause, what notice is required, and what other provisions will be triggered by termination.

Many

…
Read More

Small plane with at least six people on board crashes in California

At least six people were on board a small plane when it crashed in California early Saturday morning, the Federal Aviation Administration confirmed to CBS News.

The Cessna C550 business jet crashed at around 4:15 am local time near the French Valley Airport in Murrieta, California in Riverside County. The craft was “down in a field” and “fully involved in fire,” the Riverside County Fire Department tweeted on Saturday. The fire burned “approximately one acre of vegetation” and was contained at about 5:35 am

Officials did not provide information about the passengers’ conditions. CBS News has reached out to

…
Read More

Overstock.com buys rights to Bed Bath & Beyond

NEW YORK –

Bed & Bath & Beyond will live on, online at least, after Overstock.com acquired the bankrupt retail chain’s intellectual property assets for $21.5 million.

The online retailer Overstock.com is dumping its name online and will become Bed & Bath & Beyond, which declared bankruptcy earlier this year. Overstock.com’s CEO Jonathan Johnson told The Associated Press in a phone interview on Thursday that the company is considering changing its corporate name but won’t make any decisions until after it digests the assets.

The switcheroo to a very familiar brand was cheered on Wall Street. Shares of Overstock.com Inc.,

…
Read More

Nigel Farage bank account shut for falling below wealth limit

Nigel Farage

Nigel Farage

Nigel Farage fell below the financial threshold required to hold an account at Coutts, the prestigious private bank for the wealthy, the BBC has been told.

It is understood that he was afterward offered a standard account at NatWest which owns Coutts.

Mr Farage says he believes his account is being shut down for political reasons and he has been turned down by nine other lenders after trying elsewhere.

But people familiar with Coutts’ move said it was a “commercial” decision.

“The criteria for holding a Coutts account are clear from the bank’s website,” they told the BBC.

…
Read More

American companies are draining their cash at the dumbest possible time

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.


New York
CNN
—

Companies are sitting on a lot less cash than they were last year, in part because they’re spending it on share buybacks and corporate dividends.

While shareholders may be chuffed by that news, the slumping economy, surging interest rates and a credit crunch may mean US firms come to regret reducing their cash buffers.

The largest companies

…
Read More

How Do I Update My Compliance Risk Assessment?

Compliance Risk Assessments are critically important in healthcare practices. When used correctly, they can save entities from fines, problems and consequences.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog ).

While almost everyone is familiar with a HIPAA Risk Assessment, many practices have not completed a full Compliance Risk Assessment.

A Compliance Risk Assessment is a process for healthcare entities to determine what risks exist, evaluate potential risks and focus resources to address the most significant risks.

Compliance Risk

…
Read More

Irving Oil considers the sale of the company as part of a strategic review

Irving Oil says it has launched a strategic review that will consider, among other things, “a full or partial sale” of the company, one of the largest in New Brunswick.

“A strategic review of the company is underway, and a series of options are being evaluated related to the company’s future,” the Saint John-based company said in a statement.

“No decisions have been made about where this strategic review may lead. Considerations will be given to a new ownership structure, a full or partial sale, or a change in the portfolio of our assets and how we operate them.”

The

…
Read More

Next community in Nexton to break ground > Charleston Business Journal

By Barry Waldman

Contributing Writer

The local master planned community named the best in the nation has begun to work on another phase, on the way to 7,500 residences. This new phase of the Nexton communities in Summerville and Berkeley County are expected to add apartments for rent, hotels, office space and 150,000 square feet of shopping and dining space when it is completely built out over the next five to seven years.

Nexton has sold nearly 24 acres to Charlotte-based Crosland Southeast, which plans to develop the new One Nexton segment in multiple phases, starting this coming

…
Read More