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Herbalife Finally Reaches A Deal With The FTC

Herbalife just settled with the Federal Trade Commission for $200 million. $200 million is a lot of money, but as usual no one at Herbalife will be punished in any way. The $200 million fine will be paid by shareholders. With their stock surging on the news of a settlement, $200 million won’t be hard for them to scrape up.

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CAT Cuts Jobs At Winston-Salem Plant

Incentives are a losing bet, anyone who tells you otherwise is either ill-informed or they aren’t being completely honest. Dell was wooed to Winston in 2004 with generous state and local incentives. The plant opened with much fanfare in 2005, but just 5 years later Dell closed the plant down. When Dell relocated to Winston just … More