business current events

Morning Business Report: Bud Light contractor to shut down two bottling plants – 41NBC News

A major contractor for Ahneuser-Busch, the maker of Bud Light, is shutting down two of its glass bottling plants in the United States. The Ardagh Group is one of the largest glass producers in the world, with over 100 plants in operation. These shut downs come after a decline in sales, following the marketing partnership between Bud Light and trans influencer Dylan Mulvaney. According to the New York Post, workers at both plants noticed a decrease in production amid the backlash. The two plants slated to shut down are located in South Carolina and Louisiana. About 600 employees will be

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SpaceX giant rocket explodes minutes after launch from Texas – Business News

SpaceX’s giant new rocket exploded minutes after blasting off on its first test flight Thursday and crashed into the Gulf of Mexico.

Elon Musk’s company was aiming to send the biggest and most powerful rocket ever built on a round-the-world trip from the southern tip of Texas, near the Mexican border. The nearly 400-foot (120-meter)

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UBS ETRACS Linked to the Wells Fargo Business Development Company Index ETN (NYSEARCA:BDCS) Stock Price Passes Above Two Hundred Day Moving Average of $15.23

UBS ETRACS Linked to the Wells Fargo Business Development Company Index ETN (NYSEARCA:BDCS – Get Rating) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.23 and traded as high as $15.31. UBS ETRACS Linked to the Wells Fargo Business Development Company Index ETN shares last traded at $15.23, with a volume of 14,900 shares.

UBS ETRACS Linked to the Wells Fargo Business Development Company Index ETN Stock Up 0.1 %

The firm has a fifty day simple moving average of $15.23 and a 200-day simple moving average of $15.23.

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Can You Prevent a Whistleblower Lawsuit?

When a whistleblower suit is brought against a company or practice, there are usually many warnings that were ignored or not dealt with appropriately. Many times, wrongdoings are brought to light internally first and properly addressing concerns can prevent a lawsuit.

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Often, the employee who becomes the whistleblower tries to raise the issue internally before going outside the company.

There are also fears of retaliation by many whistleblowers. Fear of

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Lyft gears up to make ‘significant’ layoffs under new CEO – Business News

Lyft is preparing to lay off hundreds of employees just days after new CEO David Risher began steering the ride-hailing service with an eye toward driving down costs to help bring its fares more in line with its biggest rival, Uber.

Risher, a former Amazon executive, informed Lyft’s workforce of more than 4,000 employees in an email posted online Friday that a “significant” number of them would lose their jobs. It came

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Is Your Compliance Plan Protecting You?

Healthcare compliance plans are essential to ensure your practice is following the law. Your compliance plan can keep your practice out of trouble.

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A recent enforcement action highlights the need for an effective and updated compliance plan.

A physician in Arkansas has been sentenced to 102 months of prison time and to pay over $4.63 million in restitution. Following release from prison, he will have three (3) years of supervised

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Healthcare Encryption Exceptions? – Rickard & Associates

We know that all emails and text messages that contain protected health information (PHI) should be encrypted.

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Are there any exceptions to the encryption rule?

Just one.

Patients can communicate with covered entities using unencrypted email and text messages, if the patients have been informed of the increased risk.

Patients can opt to have reminders sent via text messages or emails.

One issue that many healthcare providers have regarding encryption,

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Rivian stock tanks as it announces $1.3B ‘green bond’ offering [Video]

Rivian (RIVN) shares are sliding today as the EV-maker announced plans for a “green” debt offering.

Rivian says it intends to sell $1.3 billion worth of “green” convertible senior notes due in 2029, with the option to grant an additional $200 million worth of convertible notes to the original purchasers.

In line with Rivian’s ethos as a company (it’s a Climate Pledge signatory and was the first to say it won’t use deep-sea mining for batteries), it intends to use the capital it raises for “green” or environmental purposes.

“Rivian intends to use the net proceeds from the offering to

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