BUSINESS

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The Biden Administration’s Final Rule Limits Short-Term Health Plans
The National Federation of Independent Business (NFIB) is disappointed in today’s final health care rule. The rule restricts small businesses’ ability to select health coverage by limiting access to flexible, low-cost, short-term health plans. NFIB previously submitted comments to the administration opposing the rule. “This rule is a step in the wrong direction for small business owners seeking more affordable, flexible, and predictable options”
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Read more at NFIB
Home Depot to Buy Building Materials Supplier SRS Distribution
Home Depot will buy building materials supplier SRS Distribution in an $18.25 billion deal, in the top U.S. home improvement chain's largest acquisition. This has put pressure on the Do-It-Yourself segment, which makes up about half of Home Depot's business. The company has sharpened its focus on "Pro-customers' such as roofers, landscapers and pool contractors to drive sales.
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Read more at Yahoo Finance
Khashman's Leap Day Meeting Was With an Undercover Agent
Makram Khashman was arrested on a federal murder-for-hire charge on Tuesday. He was booked into the Broward County Jail by U.S. Marshals. Authorities said the agent asked if he would carry out a murder in exchange for money. Khasman replied that “it was a big problem”.
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Read more at WPLG Local 10
Amazon to Build Same-Day Delivery Facility in North Myrtle Beach
Same-day delivery facilities allow Amazon to fulfill, sort, and deliver orders from one site. The facility will be approximately 165,000 square feet. Officials said launch plans for the facility are in the early stages. Since 2010, Amazon has created more than 6,500 full- and part-time jobs.
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Read more at Greenville
Hilton Honors American Express Business Card - A Review
In October 2023, Amex introduced changes to the Hilton Honors American Express Surpass® Card. The changes seem fairly negative. Here's a walkthrough of the Hilton honors Business Card changes and what they mean for existing cardmembers and prospective applicants. The annual fee increase The mid-tier Surpass and premium Aspire saw a 58% and 22% increase, respectively.
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Read more at The Points Guy
M&A in the Promotional Products Industry
Jamie Watson, one of the foremost experts on mergers and acquisitions in the industry, offers in-depth insights on the M&A process in this discussion hosted by ASI Media’s Christopher Ruvo. The phenomenon is driven by a variety of elements: a significant number of more experienced owners looking to exit their companies.
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Read more at Advertising Specialty Institute
Hilton Honors American Express Business Card Changes
Starting today, new and existing cardholders gain access to statement credits, revamped reward rates and rental car status. Some other changes include the annual fee increasing from $95 to $195 (see rates and fees) and the sunsetting of several valuable benefits, including the card's airport lounge access. With 175,000 Hilton points, you can book a variety of push hotels such as the Waldorf Astoria Beverly Hills, which typically costs 120,000 Hilton points.
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Read more at CNBC
Global Citizen NOW Summit to End Extreme Poverty
Oscar winner Michelle Yeoh, Botswana President Mokgweetsi Masisi, and Verizon CEO Hans Vestberg are among the diverse group of political, business and philanthropic leaders Global Citizen will convene in New York on May 1 and 2, the nonprofit announced on Thursday. The global Citizen NOW summit will seek support for workable solutions to address issues of food insecurity, climate change and public health associated with extreme poverty. Organizers also plan to announce new initiatives to preserve the Amazon Rain
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Read more at ABC News
Technology, Business Collide at Tech Summit
Robert Daigle, a two-time ECU alumnus from the College of Business, served as the keynote speaker of the Technology Summit. He said artificial intelligence is nothing to be feared and is already in use every day, such as through autocorrect functions on cell phones.
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Read more at ECU News Services
Valentino’s Alessandro Michele - The New Creative Director
The Roman designer’s first day at Rome’s archetypal couture house will be next Tuesday, 2 April. His debut collection under the Valentino flag will be Spring/Summer 2025.
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Read more at Vogue Business