The benefits of buying an existing business
5/4/2016 Hubstaff

Buying an existing business sometimes makes more sense than starting your own, writes Dave Nevogt, who has done both and is co-founder and CEO of Hubstaff. Existing companies have proven business models, and acquiring one can allow you to start generating revenue immediately. Nevogt also explains how to value a business and go through the acquisition process.

Study considers link between exercise, college success

Even small amounts of exercise can help improve the academic success of college freshmen and sophomores, according to a study from North Carolina State University. Researchers also discovered that students who increased their physical activity by an hour per week were nearly 50% more likely to graduate than those who didn't.

Dow Jones hits lowest average since April 12

The Dow Jones industrial average fell 0.7% Tuesday after briefly reaching its lowest average since April 12 during the day. Meanwhile, the Nasdaq composite index and Standard & Poor's index fell 1.1% and 0.9%, respectively.

Fresh Market exits 4 states with 13 store closures

The Fresh Market will exit Texas, Iowa, Missouri and Kansas and close all 13 stores in the states, as part of an effort to put more resources toward the retailer's remaining stores and planned new locations, the company said Tuesday. "This shift also allows us to focus our energy and resources on the growth of our remaining stores, as well as new stores we have planned in the future," President and CEO Rick Anicetti said.

HIT experts warn of negative effects of MACRA deadlines on physicians

Some physicians may face penalties if quality measures used in the Merit-based Incentive Payment System under the Medicare Access and CHIP Reauthorization Act require significant changes to their EHRs and other systems, warned health IT experts, noting that physicians will have only two months to make the changes. Robert Tennant, director of HIT policy for the Medical Group Management Association, said the timeline would be especially problematic for smaller practices using software "that is not quickly upgradable or [that] are server-based, which takes more time to upgrade."

Pinterest poaches staff from mobile ad service URX

Pinterest has bought up over half the employees at mobile advertising company URX to boost its talent base after losing some key management staff in recent months. URX CEO and founder John Milinovich, a previous Google executive, will become a product manager for Pinterest.

Aeropostale enters Chapter 11 with a plan to reorganize

Aeropostale filed for Chapter 11 bankruptcy reorganization Wednesday, with a plan to close 154 of its 800 stores and emerge as a streamlined company in six months. The teen fashion retailer is taking on creditor and supplier Sycamore Partners, a private-equity firm the company suspects may have taken steps to force liquidation, according to court documents.

Turtle Beach taps pro e-sports team to market gaming headset
5/4/2016 VentureBeat

Turtle Beach has tapped one of the world's top e-sports teams, OpTic Gaming, to wear its new Elite Pro Tournament Gaming Headset during competitions.
The headset and the Elite Pro Tactical Audio Controller each retail for $200, with a noise-canceling microphone that can be added for $40.

Sources: Pfizer expresses interest in acquiring Medivation
5/4/2016 Reuters

Pfizer has reportedly approached Medivation about a possible acquisition after the latter rejected Sanofi's $9.3 billion buyout bid. Sources said it is uncertain if Pfizer will offer a bid.

Altice-Cablevision merger approved by FCC
5/4/2016 Multichannel NewsReuters

Altice's $17.7 billion acquisition of Cablevision has advanced following Federal Communications Commission approval. The deal was approved on delegated authority, with the FCC noting that "the transaction is unlikely to have adverse competitive effects." The acquisition must still be approved by New York City and the state of New York.

Colo. bill seeks $3.5B in road construction funding
5/4/2016 The Denver Post

The Fix Colorado Roads Act introduced in the state's legislature would issue $3.5 billion in bonds to fund 45 road and bridge projects. "This gives Colorado a permanent revenue source to fix roads across the state," said a spokeswoman for Fix Colorado Roads. However, a similar bill failed last year, and voters must approve the measure.

Opinion: S.D. residents must be more open to new projects
5/4/2016 Agweek

The "not in my backyard" mentality is preventing South Dakota from taking advantage of beneficial new projects, like wind farms and cattle feedlots, write Peggy and Brad Greenway. The Greenways recently signed a land lease for a small wind farm on their property, only to have the project rejected by the Davison County Commissioners. The wind farm would have brought in $66,000 annually for local schools for at least 20 years, they write.

Southwest Airlines to expand service to Mexico, CEO says

Gary Kelly, CEO of Southwest Airlines, said the carrier plans to add flights to Mexico following a recently revised open skies agreement between the US and Mexico. "We have plans in the works for additional service to and from Mexico, so we'll look forward to making those announcements just as soon as this agreement becomes fully effective," Kelly said.

Changes coming to N.J.'s Newark Liberty airport

Newark Liberty International Airport will be reclassified from a Level 3 airport to a Level 2 facility this fall, with the Federal Aviation Administration eliminating its current cap of 81 flight slots per hour. This article explores how the change could affect passenger choices, service and security wait times.