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Operators of “Blessing Loom” Scheme Banned from Multi-Level Marketing As a Result of Pyramid Scheme Charges Brought by the FTC and Arkansas

Retrieved on: 
Wednesday, July 26, 2023

“The FTC’s settlement permanently ends an illegal pyramid scheme that targeted Black communities with false promises of no risk substantial income,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.

Key Points: 
  • “The FTC’s settlement permanently ends an illegal pyramid scheme that targeted Black communities with false promises of no risk substantial income,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
  • Like most blessing looms, BINT allegedly coordinated payments (called “blessings”) between members using playing boards with different levels.
  • BINT also allegedly prohibited participants from truthful, non-defamatory reviews and other information about the scheme on social media or online.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Operators of “Blessing Loom” Scheme Banned from Multi-Level Marketing As a Result of Pyramid Scheme Charges Brought by the FTC and Arkansas

Retrieved on: 
Wednesday, July 26, 2023

“The FTC’s settlement permanently ends an illegal pyramid scheme that targeted Black communities with false promises of no risk substantial income,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.

Key Points: 
  • “The FTC’s settlement permanently ends an illegal pyramid scheme that targeted Black communities with false promises of no risk substantial income,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
  • Like most blessing looms, BINT allegedly coordinated payments (called “blessings”) between members using playing boards with different levels.
  • BINT also allegedly prohibited participants from truthful, non-defamatory reviews and other information about the scheme on social media or online.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Conning -- Property-Casualty Industry Loss Reserve Adequacy Level Barely Changed in 2021; Favorable Development in 2021 Slightly Less than in 2020

Retrieved on: 
Thursday, September 1, 2022

HARTFORD, Conn., Sept. 1, 2022 /PRNewswire/ -- Conning's annual study of the property-casualty industry's loss reserves finds that the overall reserve position at year-end 2021 was about the same as it had been at year-end 2020, although there were changes in reserve levels by line of business.

Key Points: 
  • "The property-casualty insurance industry's overall reserve position was unchanged in 2021," said Bill Burns, a Director of Insurance Research at Conning.
  • Therefore, if inflation persists, loss development patterns could change, thereby adversely affecting loss reserve adequacy."
  • In the study, Conning includes estimated ranges of reserve adequacy levels for the industry and for small, midsized, and large insurance companies.
  • "The industry experienced favorable loss development of $6.0 billion in 2021, less than the $7.0 billion benefit of prior year development in 2020," said Scott Hawkins, the Head of Insurance Research at Conning.

From Investor to Board Member - Entrepreneur Ayesha Curry Officially Joins the Team of #1 Organic Gardening Brand, Back to the Roots

Retrieved on: 
Wednesday, August 17, 2022

OAKLAND, Calif., Aug. 17, 2022 /PRNewswire/ -- Today, Back to the Roots, the world's fastest-growing organic garden brand, announced that Ayesha Curry will be joining the Back to the Roots Board of Directors.  

Key Points: 
  • OAKLAND, Calif., Aug. 17, 2022 /PRNewswire/ -- Today, Back to the Roots , the world's fastest-growing organic garden brand, announced that Ayesha Curry will be joining the Back to the Roots Board of Directors.
  • The friendship developed into a product collaboration with Back to the Roots and later Ayesha coming on as an investor in the company.
  • This year alone, consumers are expected to spend $100M on Back to the Roots gardening products.
  • Ayesha Curry says, "I am so excited to join the board of Back to the Roots.

GHD continues its growth trajectory in US and Canada

Retrieved on: 
Monday, May 9, 2022

IRVINE, Calif. and HOUSTON, May 09, 2022 (GLOBE NEWSWIRE) -- Committed to creating lasting community benefits, GHD has stepped up in Engineering News Record’s Top 500 Design Firms survey, ranking in the top 94th percentile. The latest listing, published in late April, ranks businesses by annual revenue for 2021 and is divided into specific market categories. GHD earned the following rankings:

Key Points: 
  • Our commitment to clients and growth will continue with our stated vision and determination to make water, energy and communities sustainable for future generations.
  • According to data cited by GHD, solid waste is projected to grow 70 percent to 3.4 billion tonnes by 2050 due to population growth and natural human activity.
  • GHD is a leading professional services company operating in the global markets of water, energy and resources, environment, property and buildings, and transportation.
  • GHD ranks #10 in international design firms operating in the US and #8 in Canada according to Engineering News-Records 2020 annual survey of key market segments.

CDC, AMA, and Ad Council Urge Flu Vaccinations to Reduce Flu Hospitalizations Amid COVID-19 Concerns

Retrieved on: 
Tuesday, October 12, 2021

During a severe season, flu has resulted in as many as 41 million illnesses and 710,000 hospitalizations among Americans.

Key Points: 
  • During a severe season, flu has resulted in as many as 41 million illnesses and 710,000 hospitalizations among Americans.
  • What we do know is that flu and COVID-19 vaccines can prevent many illnesses, hospitalizations, and deaths.
  • Communities of color are unequally impacted by severe flu illness and have also been hit the hardest by the COVID-19 pandemic."
  • These groups remain at a higher risk of getting very sick from the flu, and less likely to get flu vaccinations.

Cinemark Welcomes Movie Lovers to Newest Jacksonville Theatre on Sept. 16

Retrieved on: 
Thursday, September 16, 2021

The 14-screen theatre is the third Cinemark theatre in the greater Jacksonville area, and offers an elevated moviegoing experience to the eastern communities of the metroplex.

Key Points: 
  • The 14-screen theatre is the third Cinemark theatre in the greater Jacksonville area, and offers an elevated moviegoing experience to the eastern communities of the metroplex.
  • View the full release here: https://www.businesswire.com/news/home/20210916005646/en/
    Cinemark announces grand opening of Cinemark Jacksonville Atlantic North and XD on Thursday, Sept. 16.
  • (Photo: Business Wire)
    Cinemark is thrilled to be opening our third theatre in the greater Jacksonville area, said Mark Zoradi, Cinemark CEO.
  • Moviegoers in the east Jacksonville area can get the most out of this upcoming theatre by joining Cinemark Movie Rewards , Cinemarks two-tiered loyalty program that awards movie lovers with one point for every dollar spent at a Cinemark theatre.