NM Property Owner Describes Compound as ‘a Mess’

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Is James Dolan singing about Harvey Weinstein? Knicks owner debuts new JD and the Straight Shot song ‘I Should Have Known’

In a song alluding to Harvey Weinstein’s alleged abhorrent behavior — or maybe it was Isiah Thomas’? — blues singer/Knicks owner James Dolan expressed guilt for not uncovering that his friends were abusing women.

Dolan and his band, JD and the Straight Shot, performed “I Should Have Known” on Fox5…

Sports – New York Daily News

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Latina Media site back online as owner tries to revive magazine

Latina Media is slowly trying to get off the mat while its owner, Solera Capital, tries to raise money to keep it afloat. On July 20, its website was back online. It had been dark since mid- May when financial problems caused most of its operations to cease — including the site. Roughly a story…
Media | New York Post

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Dallas Cowboys Owner Won’t Support Players Who Stay in the Locker Room During the National Anthem

OXNARD, Calif. — Dallas Cowboys owner Jerry Jones doubled down Wednesday on insisting that his players stand for the national anthem, declaring that he wouldn’t support anyone who chose to stay in the locker room.

Speaking at his annual news conference to open training camp in California, the outspoken billionaire became the first owner to say publicly that his players would not be allowed to stay off the field during the anthem.

“No,” Jones said when asked if he would support players staying in the locker room. “Our policy is that you stand at the anthem, toe on the line.”

Last week, the NFL and the players’ union agreed to suspend the rule approved by owners this spring that gave players the option of staying in the locker room while allowing teams to discipline players who took a knee or sat during the anthem.

The decision to begin negotiating on the issue came hours after The Associated Press reported that Miami Dolphins players who protested during the anthem could be suspended for up to four games under team policy.

Last season, Jones was the first owner to declare that he would bench a player for protesting during the anthem. Two of his players — defensive linemen David Irving and Damontre Moore — raised their fists briefly as “The Star Spangled Banner” ended but weren’t disciplined.

“I obviously wouldn’t dare speak for any of the other owners, much less in general about 31 other owners,” Jones said. “As far as the Dallas Cowboys are concerned, you know where I stand. Our team knows where I stand on the issue.”

The issue erupted in 2016 when then-San Francisco 49ers quarterback Colin Kaepernick began protesting police brutality, social injustice and racial inequality by kneeling during the national anthem. The demonstration spread to other players and teams.

The NFL started requiring players to be on the field for the anthem in 2009, the year it signed a marketing deal with the military. Jones had already owned the Cowboys for 20 years when players moved from the locker room to the field for the anthem.

Jones said he understood the point of view of players who say they aren’t protesting the flag or the military.

“This is a case where we need to in my mind check that and be real clear that it is, the priority is about the flag, and be real clear about that,” Jones said. “Sometimes it’s best to just be real clear and succinct so that nobody misunderstands. I think that’s our case.”

Executive vice president Stephen Jones said the Cowboys don’t have an anthem issue because his father has made his stance clear from the beginning.

“I do understand when you see the back and forth,” Stephen Jones said. “But we’ve been consistent and we’ve never moved. Jerry’s never changed his stance once. I think he feels strongly about it.”

The younger Jones didn’t want to speak for the players when asked if Jerry Jones’ strong message is the reason none of his players have defied him.

“I was always brought up when you work for somebody and they’re the boss, you play by their rules,” Stephen Jones said.

Jones, who drew praise from President Donald Trump when he said last year that he would bench players, said Trump’s continuing involvement in the anthem issue is “problematic” for the league.

Trump weighed in again after news of the Dolphins’ policy broke, tweeting “The $ 40,000,000 Commissioner must now make a stand,” a reference to Roger Goodell.

“His interest in what we’re doing is problematic from my chair and I would say, in general, in the owner’s chairs,” Jerry Jones said. “And unprecedented if you really think about it. But like the very game itself, that’s the way it is and we’ll deal with it. But, yes, everybody would like for it to go away.”

Unlike other sports organizations, the Cowboys haven’t distanced themselves from Papa John’s after founder and CEO John Schnatter was ousted over a racial slur.

Schnatter was already under fire for suggesting last year that the pizza company’s sluggish sales were a result of the controversy surrounding the anthem.

Jerry Jones, who has had a close relationship with Schnatter, said the Cowboys couldn’t cut ties with the company because of an ownership stake in Papa John’s stores. Stephen Jones said the team was linked to 50 stores in the Dallas area.

“I regret that for John,” Jerry Jones said. “But at the end of the day we’ve got too many people, too many customers, too many people that we just need to do as good as we can do under the circumstances.”

NOTES: DE David Irving was placed on the “did not report” list after getting clearance from the Cowboys to deal with personal issues. Jerry Jones said he didn’t expect Irving to attend camp for the three weeks the Cowboys are in California. … DT Maliek Collins (foot) was placed on the physically unable to perform list, while S Kavon Frazier and DE Randy Gregory are on the non-football injury list. Gregory was recently reinstated from a yearlong ban for violating the NFL’s substance-abuse policy.

Sports – TIME

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Today’s Emmy nominations prove why HBO’s new owner wants it to make a ton more shows

HBO Vs Netflix

“I want more hours of engagement.” Those were the marching orders that John Stankey, CEO of HBO’s new parent AT&T, gave in recent days to the broadcaster famous for taking a curated approach to television. The remarks came during a town hall that generated a ton of media coverage — apparently, everyone assumed, this means HBO will now be forced to play a volume game which may or may not affect the quality of the content.

Continue reading…

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Today’s Emmy nominations prove why HBO’s new owner wants it to make a ton more shows originally appeared on BGR.com on Thu, 12 Jul 2018 at 21:01:33 EDT. Please see our terms for use of feeds.


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NFL Fines Ex-Panthers Owner Jerry Richardson $2.75M After Misconduct Review

(CHARLOTTE, N.C.) — The NFL has fined former Carolina Panthers owner Jerry Richardson $ 2.75 million following its investigation into sexual and racial misconduct in the workplace.

The league said Thursday the investigation conducted by former U.S. Attorney Mary Jo White substantiated the allegations against Richardson, that the improper conduct was limited to him and that the team and its ownership failed to report the allegations or any resolution agreements to the league.

The league also said most of the money will go toward organizations that address racial- and gender-based issues in and outside the workplace.

Richardson put the team up for sale after a Sports Illustrated report in December that Richardson made sexually suggestive comments to women and on at least one occasion directed a racial slur at an African-American Panthers scout. The report also stated that the settlements came with non-disclosure requirements forbidding the parties from discussing the details.

Richardson has an agreement to sell the Panthers for a league-record $ 2.2 billion to hedge fund president and owner David Tepper. The league owners unanimously approved the sale last month, and NFL officials said the sale is expected to close in the next two weeks. Tepper is a former minority owner of the Pittsburgh Steelers.

Coach Ron Rivera declined to comment Thursday on Richardson’s fine when reached by The Associated Press. General manager Marty Hurney did not immediately return a message seeking comment.

White, who was appointed by NFL Commissioner Roger Goodell as the independent investigator, said her findings and recommendations are the product of a review that included interviews with team executives, former and current employees, document analysis and electronic records.

White states that the Panthers’ anti-harassment and discrimination policy should help prevent a recurrence, and she and Goodell recommend the team report on its internal policies and procedures that address racial discrimination and sexual harassment claims, as well as related workplace issues, by the end of the year.

She also recommended the league prohibit non-disclosure agreements to limit the reporting of potential violations or cooperation with league investigations, require workplace misconduct claims to be reported to the league office, establish a confidential hotline for league and team employees to report workplace conduct issues and review policies and procedures with owners, team counsel and human resource executives.

The NFL said the recommendations will be presented to the league’s Conduct Committee before the coming season.

NFL officials have said they didn’t know about the allegations against Richardson until Dec. 15, the same day the Panthers issued a stunning news release first announcing its own investigation of Richardson’s alleged workplace misconduct. That was followed two days later by the Sports Illustrated report that detailed Richardson’s alleged misconduct and also by the announcement that Richardson would sell the team he founded.

The Panthers also promoted Tina Becker to chief operating officer in the wake of the investigation.

Sports – TIME

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Food Truck Owner Arrested After Throwing Hot Sauce at Black Woman

A video shows the owner of the Small Pharoah’s food truck, arguing with and throwing a bottle and hot sauce at a Black woman, who claims he called her the N-word after she tried to pay with quarters. The alleged victim Carlotta Washington recorded part of the altercation with her cellphone, reports Willamette Week. In […]

The post Food Truck Owner Arrested After Throwing Hot Sauce at Black Woman appeared first on EBONY.

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What is Owner Financing in Real Estate?

Buying a home can be a stressful experience, especially when you are trying to come up with the funds to purchase it. Fortunately, there are many different options for financing.

You may have heard of mortgages, or third-party financing, where a bank or other lending institution provides a loan to the buyer that the buyer pays back over time. But when a buyer cannot get financing through a lender (or just decides not to), sometimes the seller will provide financing to the buyer.

This is called owner financing or seller financing and similar to a mortgage, the buyer pays the seller a pre-determined amount of money in regular intervals until the loan amount is payed off.

This post explores owner financing, which situations it’s most commonly used in, and the pros and cons for both the buyer and seller.

When Would You Use Owner Financing?

Although there are many reasons why both a buyer and seller might agree to owner financing, two of the most common circumstances where owner financing work in a home purchase are:

  • The buyer is having problems qualifying for a bank loan. If the buyer has poor credit, too little credit history, or otherwise has issues getting a standard mortgage, owner financing offers the buyer another option for purchasing the home. They might even have an easier time negotiating the home price, interest rate, or other details with the homeowner rather than a bank, lender, or real estate agent.
  • The home seller is having trouble finding a buyer. If the home has been on the market for a long time and the seller decides to offer owner financing, they immediately have access to a whole new group of potential buyers that may have otherwise been discouraged from looking at the property.

How Does Owner Financing Work?

Owner financing works exactly how it sounds – the homeowner provides financing in the form of a loan to the person who buys their property.

The basic process usually starts with the buyer and seller agreeing to the details of the sale by signing a Real Estate Purchase Agreement.

Once that is done, a Promissory Note is used to outline the details of the loan (including an interest rate and repayment schedule) and enforces the buyer’s promise to pay back the loan within the amount of time indicated in the note.

Combining a Real Estate Purchase Agreement and Promissory Note is a common way to provide owner financing in a real estate transaction.

LawDepot’s Contract for Deed can also be used for owner financing, but the seller needs to completely own the property (meaning the property is entirely paid off). Using a Contract for Deed may be simpler, as a Promissory Note is not needed if this document is used, but it may pose greater risk for the seller.

Whichever option you choose, it’s important to do research to determine which financing method works best for your situation.

What Are the Pros and Cons of Owner Financing for Buyers?

As you can probably imagine, owner financing in a real estate purchase has different advantages and disadvantages for both buyers and sellers.

For buyers, seller financing has the following advantages:

  • Closing a home sale can be quicker with seller financing. Since the loan doesn’t have to go through a number of financial and legal departments that typically would be associated with a lending institution or bank, the buyer can take possession of their new home faster.
  • The overall costs associated with selling the home can be lower. Without having to pay things like bank fees or appraisal costs, the cost to the buyer is lower than it would be if they went through a third-party. Also, the down payment amount required for the home tends to be more flexible.
  • Buyers have a financing option if the bank turns them down. If a buyer is unable to get a loan through a third-party like a bank, owner financing provides them with an alternative financing option.

For buyers, seller financing also has the following disadvantages:

  • The buyer can end up paying a higher interest rate than they would to a bank. Since the seller determines the interest rate, it is possible that they would want to ensure the highest possible return by charging the buyer a high interest rate.
  • The buyer still needs to provide proof that they will pay back the loan. If the buyer was turned down at the bank, chances are the seller will need to be convinced that the buyer is still worthy of the loan.
  • Buyers need to beware of the “due on sale” clause. A due on sale clause is typically included in a mortgage to prevent the homeowner from selling their home before it is paid off. However, if the original homeowner (seller) does sell without the lender’s consent, it could mean that the new homeowner (buyer) is at risk of losing their new home if the lender decides to foreclose on the property.

What are the Pros and Cons of Owner Financing for Sellers?

For sellers, owner financing has the following advantages:

  • It’s a great opportunity for a gain on investment. It’s possible that the seller will earn more money from financing the home to a buyer, since they can choose to charge a higher interest rate than a lending institution or bank.
  • The homeowner can sell the home “as is”. The seller can possibly avoid having to make costly repairs that they may have been obligated to make if they sell the home in a way other than owner financing.
  • The home may sell faster. Because owner financing means that more people potentially have access to financing the home, it means that the home will likely sell faster than it would without the owner financing option available.

For sellers, owner financing may present the following disadvantages:

  • The seller would be responsible for taking action if the buyer defaulted on loan payments. Since the seller is financing the loan, they would ultimately be responsible for taking legal action if the buyer stopped making payments.
  • The seller would be responsible for any repairs if they take back the property. If the seller ends up taking back the property for whatever reason, they may be responsible for any repairs or maintenance before attempting to sell the property again.
  • The seller may face unexpected legal costs. If the buyer defaults on paying back the loan or another problem with the seller occurs, the seller might be responsible for any legal costs associated with dealing with the problem.

Choosing to Go with Owner Financing

Whether you are a buyer or seller, owner financing is a viable option to purchase or sell a home. While there are many different considerations to weigh before choosing owner financing, knowing the basics is helpful so that you can make the best decision for your own situation.

 

Would you consider owner financing? Let us know in the comments!

The post What is Owner Financing in Real Estate? appeared first on LawDepot Blog.

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Mattel rejects merger after owner of rival toymaker insults CEO

Sorry, Bratz — Barbie doesn’t want to be BFFs. In a bizarre back-and-forth, Barbie maker Mattel recently rebuffed an invitation to merge from MGA Entertainment, the owner of Bratz dolls, according to written correspondence obtained by The Post. “Are you a grandpa yet?” MGA chairman Isaac Larian began in an April 25 letter to Mattel…
Business | New York Post

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Cryptocurrency exchange owner slams Schneiderman

Take a hike, Eric. The owner of a virtual currency exchange on Thursday hit back at New York Attorney General Eric Schneiderman’s attempt to collect regulatory info from 13 of the largest exchanges doing business in the state. Jesse Powell, the chief executive of Kraken, a San Francisco cryptocurrency exchange, blasted the AG’s 34-question survey,…
Business | New York Post

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Prospective LA Times’ owner wants to relocate the newsroom

A California health-care tycoon stunned staffers at The Los Angeles Times on Friday, telling him he planned to move their newsroom to the city’s industrial outskirts — despite the fact he hasn’t closed a deal to buy the company yet. Dr. Patrick Soon-Shiong — a local billionaire who is in talks to buy the LA…
Media | New York Post

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Rapper Jim Jones Talks About Becoming A Minority Football Team Owner [Video]

After leaving his mark in the world of hip-hop and fashion, rapper Jim Jones has ventured into sports business, announcing that he is a part owner of an American Arena League (AAL) football team.

In a statement, Jones, who has always had a passion for sports, said he is “grateful” for the opportunity to become the part of Richmond Roughriders and is “looking forward to taking the Roughriders to the top. Hopefully, this will inspire the youth to pursue positive activities, especially through sports.”

Gregg Fornario, the general manager and fellow co-owner of Richmond Roughriders, said the Harlem rapper will help the team expand its brand. “The Richmond Roughriders partnership with Jim Jones enables us to bring so much more to the table in regards to introducing the high impact sport of Indoor football to the hip-hop culture, allowing us to build the Richmond Roughriders brand not just in our community but nationwide.”

During an exclusive interview with Black Enterprise, Jones opened up about his plans for the AAL team and his thoughts on Colin Kaepernick’s #TakeAKnee protest. The Roc Nation recording artist also talked about his investment in the cannabis industry and other business ventures throughout his career:

 

 

 

The post Rapper Jim Jones Talks About Becoming A Minority Football Team Owner [Video] appeared first on Black Enterprise.

Career | Black Enterprise

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Bumble sues Tinder’s owner after failed merger talks

Talk about a Tinder date gone wrong. Female-friendly dating app Bumble is suing Tinder’s parent company Match Group for $ 400 million, claiming that Match not only stole its trade secrets after courting it in merger talks, but also bad-mouthed Bumble in a nasty lawsuit after negotiations fizzled. That was after Bumble rebuffed Match’s $ 450 million…
Business | New York Post

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New owner moves Golf magazine to bank building

Do they get to keep bankers’ hours? Golf and Golf.com, which were sold by Meredith last week, will be moving their offices into Manhattan’s Emigrant Savings Bank building. It’s a rather odd choice until you understand that Howard Milstein, who bought the properties from Meredith, also owns the bank — which happens to be the…
Media | New York Post

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Panthers owner to sell team amid misconduct allegations

(Reuters) – Carolina Panthers owner Jerry Richardson announced on Sunday he will sell the team, hours after the National Football League said it had taken over an investigation into allegations of workplace misconduct by the owner.


Reuters: Sports News

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New owner to retire iconic Time Inc. name

The name Time Inc., one of the most iconic in publishing the last 95 years, will soon disappear, The Post has learned. Meredith, which has agreed to buy the publisher of Sports Illustrated, People and Time magazine for $ 2.8 billion, plans on retiring the Time Inc. name — from buildings, business cards and everywhere else,…
Media | New York Post

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Saks Fifth Avenue owner admits summer layoffs sparked chaos

The owner of Saks Fifth Avenue got a little too happy swinging the ax this summer. Hudson’s Bay Co., which also owns Lord & Taylor, admitted Wednesday a June bloodbath that claimed 2,000 workers threw its operations into chaos this fall, hitting sales online particularly hard. HBC shares were recently off 12 percent at C$ 10.21…
Business | New York Post

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Unilever Acquires Sundial Brands, Owner of SheaMoisture, For an Undisclosed Amount

Shea Moisture

Today, Unilever announced an agreement to acquire Sundial Brands, (No. 10 on the 2017 BE Top 100 list with $ 300 million in revenues) behind brands including SheaMoisture and Nubian Heritage. The news makes Sundial yet another black-owned personal care company that has decided to diversify its ownership ranks and take advantage of the financial advancement and expansion that a general-market acquisition can afford.

weekend (Image: sheamoisture.com)

 

When the deal is complete, Sundial Brands, which is expected to generate approximately $ 240 million in revenue this year, will operate as a standalone unit within Unilever, and its founder, Richelieu Dennis, will continue to lead as CEO and executive chairman.

As part of the agreement, Unilever, a transnational consumer goods company co-headquartered in the Netherlands and London, and Sundial are creating the New Voices Fund with an initial investment of $ 50 million to empower minority women entrepreneurs.

 

File source: PR Newswire

 

“The Sundial team has built differentiated and on-trend premium brands serving multicultural and millennial consumers that enhance our existing portfolio,” Kees Kruythoff, president at Unilever North America, said in a statement. “Sundial is an important addition to our U.S. portfolio of purpose-driven companies, which includes Ben & Jerry’s and Seventh Generation.”

“We are excited to partner with Richelieu and his team to enable Sundial to bring its unique product offerings and community impact to more people around the world,” added Alan Jope, president of Unilever Personal Care. “We look forward to continuing to grow the business and make an even bigger impact on society through Sundial’s community programs.”

Esi Eggleston Bracey, who has an impressive executive résumé that includes working for companies including Procter & Gamble, will serve as EVP and COO of Unilever North America Personal Care, beginning Jan. 1, and she will work closely with Dennis to strategize brand growth, strengthen the mission, and advocate for consumer connectivity.

“I’ve always wanted Sundial Brands to be an inspiration to other minority-owned companies of how a business against all odds can achieve excellence, have significant social impact in our communities and be successful on a world stage,” said Richelieu Dennis in a statement. “I am excited Sundial and Unilever have created this partnership, rooted in a purpose-driven ethos, that represents an incredible opportunity to take our Community Commerce economic empowerment and impact model to another level.”

At Unilever, Sundial joins other personal care and hygiene brands including Dove, Vaseline, and Caress.

Small Business – Black Enterprise

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The Bulldog That Dug Her Owner Out of Millions in Debt | The Oprah Winfrey Show | OWN

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Photos: Mom searches for owner of lost stuffed puppy via Facebook

by

Michelle Stein

posted in Parenting

Any parent who has ever lost their child’s favorite stuffed animal — even for a day — will appreciate the lengths one mom has gone in trying to reunite a stuffed puppy with his rightful owner.

Katie Hoeppner, a mom of two from Iowa, recently happened upon the forgotten puppy in a rest area bathroom, located on Iowa Interstate 80 Eastbound. But she couldn’t just leave the poor little buddy there all by himself. Nope. She took to Facebook in hopes of finding the lovey’s lost child.

“I don’t know his name, so I named him George,” Hoeppner wrote on her now-viral post. “‘George’ was my co-pilot home, wore his seat belt without a fuss, picked the music on the radio, and ran some errands with my family. I’m adding pictures to show George’s endeavors and captions to go along with it. Please help me get ‘George’ back to his family!!!”

Can you believe Hoeppner’s post has been shared more than 42,000 times on Facebook alone since Sept. 30? If you take a look at the adorable photos of George’s adventures, it isn’t hard to see why.

“GASP!!! There he sat, sad and lonely,” the caption in the photo of George’s discovery reads.

“George helped me drive for a little bit (For real, I was still parked in the rest stop lot when I took this. I wasn’t actually driving)”

“George knows that seat belts save lives.”

“I gave George control of the music we listened to. He likes Kenny Chesney, Shinedown, Zayne, and Korn. He has a wide array of musical tastes.”

“My 9 year old daughter Bentleigh introduced her raccoon stuffy Mokey (pronounced mow-key) to George so that he feels welcome in our home.”

“Then he cuddled up with my tweenager Grant and watched some college football.”

“George didn’t care for our trip to Michaels. He found the Cricut section overwhelming.”

“But he did like the skull and bones handkerchief I found!”

Adventures with George continued onto Starbucks, a carwash, bedtime, church, a cheerleading competition, Panda Express, making slime, playing in a fort, heading off to school — and even checking out his newfound fame in order to lift his spirits.

“My rescuer mom knew I was very sad about losing my family, so she started showing me how much the world loves me.”

“My kids have both lost their beloved stuffed animals. We know what it’s like to both get them back, and unfortunately never find them,” Hoeppner told BabyCenter. “It made me want to work to get George home.”

Although the George’s owner hasn’t turned up yet, they aren’t giving up hope. “The response and outpouring of love has been incredible and overwhelming,” Hoeppner said.

Let’s help her find George’s rightful family!

What do you think of this story? Has your child ever lost a lovey?

Images shared with permission from Katie Hoeppner

The post Photos: Mom searches for owner of lost stuffed puppy via Facebook appeared first on BabyCenter Blog.

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Sports Facility Owner Wins $25,000 in American Small Business Competition

Monte Evans II, co-owner of Competitive Edge Athletic Performance Center, has won a $ 25,000 grand prize in the 2017 American Small Business Championship.

 

(Monte Evans II in the weight room at his facility. Image: Endless Expressions)

 

The win is a big deal because Evans was among just three grand prize winners, selected from 1,556 small business owners who entered the championship.

 

The Woodbridge, Virginia-based business is a black-owned multi-sports facility totaling over 18,000 square feet. It trains youth and develops them into the “complete athlete,” helping them become top performers in athletics and academics.

 

The business offers multiple sports and performance training disciplines coupled with educational programs like SAT/ACT prep courses and tutoring. It provides counseling and clinics to help parents learn about good nutrition habits for kids.

 

Competitive Edge is rare in that it offers athletic training for kids often not available at mainstream fitness gyms for adults.

 

Validation that Business Strategy is Working

 

“It’s validation that centers like ours are needed for youth,” Evans says of his prize.

The ASBC is hosted by SCORE and supported by Sam’s Club. It honors small business success and helps those firms gain the resources to keep growing. This past March, 102 finalists from 49 states and the District of Columbia got a $ 1,000 Sam’s Club gift card, free SCORE mentoring and an all-expenses-paid trip to a training and networking event in Dallas.

(Evans coaches young athletes. Image: Endless Expressions)

 

A panel of judges in mid-September chose Competitive Edge, Grillo Essentials in Saratoga Springs, New York, and One Community in Albuquerque, New Mexico, as grand champions. It was the first time in ASBC’s four-year history that three small business owners each won $ 25,000 to grow their enterprises.

 

“Monte Evans exemplifies the dedication, hard work, passion, drive and sense of community found in small business owners across this great nation,” said Resa Kierstein, vice president of development for SCORE. “We are beyond delighted to help Monte and the entire team at Competitive Edge to reach new heights in their business growth trajectory.”

 

 

Further Evidence Small Businesses Help Drive Nation’s Economy

 

Nearly 28 million small businesses make up 54% of all sales and 55% of all jobs in the United States. Programs like the ASBC are vital for small businesses; many of them need mentorship, strategic assistance, and ongoing support to maintain growth. Next year’s ASBC competition will be open in mid-January to entrepreneurs.

Evans, also director of sports management at Competitive Edge, says the center plans on using the $ 25,000 prize to fund its health and fitness program with Prince William County Schools in Virginia to assist with physical education for elementary, middle, and high school students.

 

(Competitive Edge Athletic Performance Center in Woodbridge, Virginia. Image: Endless Expressions)

 

The center also will use the money to develop partnerships with its community programs that fight childhood obesity as well as buy and upgrade fitness equipment. The center is also expanding its internal program, including offering volleyball, tennis, and boxing for youth and expanding its adult fitness program.

 

“A lot of parents don’t know that these programs exist, so going out to the community is important for us.”

 

 

A Place for Young Athletes to Train During Winter

 

Evans, a former Michigan State University basketball player, actually co-founded the Dale City Lightning Track Club in Woodbridge in 2010, a year-round program now with 300 youth athletes. But the athletes there, including Evans’ three young daughters, did not have a facility to train during the winter. That prompted Evans and co-owner Maurice Briddell to open Competitive Edge in February 2016. “I knew that my daughters couldn’t be the only kids who needed an off-season training facility in Woodbridge.”

 

He was right. Competitive Edge now provides development and sports performance training for male and female youth athletes from ages 4 to 18. It has more than 300 members, including youth, college students, and semi-pro athletes.

 

 

Boosting Brand Recognition Among Center’s Biggest Challenges

 

The business has steadily grown. Evans projects 2017 revenues of $ 285,000, up from $ 225,000 in 2016. His future growth strategy includes increasing Competitive Edge’s brand recognition to attract more members. That plan includes boosting the center’s media exposure and marketing efforts, including beefing up its interaction on Facebook, Instagram, Twitter, and other sites.

 

He says youth sports have grown tremendously and keep growing. Yet, it also has become political. He says Competitive Edge aims to improve athletes so they will perform better when they are competing with their team.

 

“So, it takes time in building relationships with coaches and it takes time to earn the trust of the parents and athletes themselves,” he adds.

Small Business – Black Enterprise

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Trump-Supporting Patriots Owner Bob Kraft Criticizes President for Kaepernick Rant

New England Patriots owner Robert Kraft on Sunday said he was “deeply disappointed” in President Trump’s “tone” when he criticized NFL players who kneel during the national anthem. “There is no greater unifier in this country than sports, and unfortunately, nothing more divisive than politics,” Kraft said, praising his players and applauding efforts to “peacefully affect social change and raise awareness in a manner that they feel it most impactful.” The statement is notable because Kraft supported Trump and has been friendly with him for years.

Read more at The Daily Beast.

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Business Owner Forced To Forfeit Football Tickets After Posting Racial Slur During Game

David Doptis

Detroit Lions fan David Doptis was forced to hand in his season tickets after posting a racist picture to social media of a Black man and woman sitting down during the pre-game national anthem.

Doptis, who owns restaurant supply company Restaurant Liquidations and Auctions in Pontiac, Michigan posted the photo of the two fans at Sunday’s game against Arizona with the caption “Ignorant N**ggers” to Snapchat. The picture, which was followed by a racist tirade, made its rounds on social media and found its way to news outlets.

The woman featured in the picture began making calls to the football team after her seeing her face associated with Doptis’ derogatory words. On Thursday, the Lions announced Doptis would be prohibited from attending their home games.

“Providing our fans with a safe and enjoyable experience at all Ford Field events is of the utmost importance and an absolute priority for our organization,” the Lions statement read. “A core component of our guest conduct policy is the expectation that all fans are respectful and considerate to each other regardless of their personal beliefs or differences. With respect to the issue in question, the Detroit Lions and Ford Field do not comment on specifics related to any alleged guest incident(s) or altercations at games or other stadium events.

Posts affiliating Doptis’ racist post with his business began circulating on social media to in a successful attempt to put the bigot on blast. WXYZ-TV Detroit took a visit to the company on Wednesday during its regular business hours but the place appeared to be closed.

Looks like racism can cost you.

The post Business Owner Forced To Forfeit Football Tickets After Posting Racial Slur During Game appeared first on EBONY.

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Texas shop owner: I’m going to rise again

CNN

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This Swim School Franchise Owner Proves; Yes, We ‘Own’ Swimming

It’s been an exciting year for Karese Cain, co-owner of a British Swim School franchise in Miami. Not only has she been profiled in the media—now she’s looking to expand after less than two years into the business.

For someone that never considered business ownership, Cain’s story is quite remarkable.

 

 

(Karese Cain (left) and Maybelline Yurco. Image: Courtesy of Karese Cain)

 

Taking the Dive into Franchising

 

The Howard University graduate started working at the British Swim School part-time for three to four years, where she met fellow instructor and future business partner, Maybelline Yurco. The Center that Cain and Yurco were managing and teaching at, was one of the top performing locations. To their surprise, the COO of the franchise informed them that the site was going to put up for sale, and wanted them to consider purchasing it.

Yurco, having had some previous business experience, was immediately excited about the opportunity and talked to her father about funding options. Cain, on the other hand, was quite apprehensive, as she had never considered the idea of being her own boss, or running a business. Just the idea of being able to pay herself and a business was daunting. But after further consideration, she felt the reward was more powerful than the risk. She believed in herself, her partner, and the franchise.

 

Selecting a Franchise That Represented Her Passion

 

There were several factors that helped push her over the “fear” line when purchasing the franchise, however, a few key points really stood out. The investment in the business was manageable, due to the model. British Swim School leverages local fitness centers, as well as public and private pool facilities to provide swimming classes. This keeps overhead costs low, and allows owners to grow the business by offering a variety of classes, at various sites, at various times.

Secondly, swimming is something she is passionate about. Cain’s mother first enrolled her in swimming classes in her home country of Jamaica when she was 2-years-old. She fell in love with the water, and grew up swimming competitively. She enjoys sharing her passion for swimming with others, and really connects with the franchises goal of enabling and empowering children to feel comfortable in the water, while being safe.

 

Cain’s Advice on Purchasing a Franchise

 

One might think that Cain gets surprised reactions from people when they find out she owns a swimming school. On the contrary! Because of the diversity of the community that surrounds them, close to half of her students are black. Yurco, who is also an immigrant, sees their ethnicity as a plus, as it helps both parents and children feel more comfortable, by combating many of the prejudice and stereotypes that surround swimming. In addition, as one of the very few minority owners, they garner a level of publicity that other owners don’t necessarily receive, which is always great for business. They are both excited to see more black and Hispanic owners investing in the franchise.

Cain has valuable advice for those considering purchasing a franchise business:

  • Do your due diligence
  • If you don’t have experience in a key piece of the business, consider bringing in a partner that has that experience
  • Consider working as an employee first. It’s an excellent way to learn the system and the company
  • Find a franchise that has a great operational support and owners network
  • If an opportunity arises, take it!

Sports instruction is a $ 5 billion industry, and is one of the fastest growing industries around—slated to grow at a rate between 3-5% this year. With the ability to teach classes all year round due to indoor and outdoor pool facilities, an owner of a swim school can gross over $ 1 million in sales annually. With the passion, expertise, and dedication Cain and Yurco have, I’d say they are well on their way.

Small Business – Black Enterprise

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Activist investor turns up heat on owner of Saks Fifth Avenue

An activist investor is turning up the heat on Saks Fifth Avenue owner Hudson’s Bay Co. Land & Buildings fired off its second letter in six weeks to the board of Hudson’s Bay on Monday, threatening to remove board members if the department store company doesn’t sell some of its prized real estate. “We believe…
Business | New York Post

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Watch This Dog Suddenly Recognize His Much Thinner Owner

After five weeks in the hospital, Shane Godfrey lost a lot of weight, and his dog was confused, to say the least.

Lifestyle – Esquire

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This Mercedes Owner is Rebuilding His Own Engine to Avoid a $57,000 Repair

Sometimes installing a lift into your own garage is the more economical option…apparently.

Lifestyle – Esquire

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Volvo Owner Buys Turbo Off eBay, Volvo Owner Destroys at Dragstrip

Lifestyle – Esquire

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