Day: July 26, 2022

Business Tips

The new CIO playbook: 7 tips for success from day one

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Bussines Service

American IV Association Launches Highly Anticipated IV

American IV Association announces the launch of its highly anticipated IV Hydration Therapy Business Academy to provide critical support for owners, operators, and providers of IV hydration therapy who want to build and grow a successful business.

LOS ANGELES, July 20, 2022 /PRNewswire/ — AIVA’s one-day academy event will feature leading industry experts providing legal, business, marketing, compliance, and practice management insight. Whether you are interested in adding to an existing practice, opening a new business and/or going mobile, these events are a can’t miss!

The American IV Association (AIVA) is a national association for owners, operators, and providers of IV hydration therapy services providing reliable guidance about evolving industry legal requirements, regulations, and best practices. AIVA has announced two 1-day IV Hydration Therapy Business Academy events to assist anyone getting into the IV hydration therapy business, adding IV hydration therapy to an existing practice, or those looking to

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Finance

BofA’s EMEA head of leveraged finance origination quit for

Bank of America isn’t commenting, but we understand there’s been a major leveraged finance exit from its leveraged finance team in London.

Multiple sources say that Uday Malhotra has resigned from BofA. Malhotra was BofA’s EMEA head of leveraged finance origination, and he wasn’t there all that long. – He joined in October 2021 after 12 years in a similar role at Goldman Sachs. 

Malhotra didn’t respond to a request to comment. He’s understood to be joining Citi as co-head of EMEA loans and leveraged finance, working alongside Paul Gibbs, who runs leveraged loans for EMEA at Citi. Speaking earlier this month, Citi CEO Jane Fraser said the bank is “continuing to strategically invest in talent and in the platform.” 

Uday’s exit comes amidst problems in the leveraged finance market as the value of loans originated last year, many of which have yet to be sold, has plummeted. The Financial

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Business News

Domino’s Pizza continues to have a people problem

ANN ARBOR, MICH. – When much of your business model is based on delivery, not having enough people to deliver the product is a problem. That, in a nutshell, is one of the significant problems facing Domino’s Pizza, Inc.

The lack of people to deliver pizzas creates a good news, bad news situation for the company. The good news is carryout sales grew nearly 15% during the second quarter, creating a runway for future opportunity, said Sandeep Reddy, chief financial officer. Mr. Reddy spoke July 21 during a conference call to discuss second-quarter results.

The bad news is the driver shortage is having a real impact on the company. Domino’s breaks out its US stores into quintiles based on staffing levels relative to a fully staffed store. During the second quarter, sales at stores in the top 20%, those that are considered fully staffed, were 7% higher than stores in

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Business Plans

Riding the Raystown: Kayak rental business launched in

For more than two centuries in both Bedford and Huntingdon counties, pioneers have been traversing the Raystown Branch of the Juniata River. They have done so on primitive arks and canoes, mostly transporting goods to areas around the Susquehanna River near Harrisburg to trade.

In modern times, people have found the use of kayaks as a viable means of getting down the river. During the past two years, many area residents have participated in benefit “floats,” often starting at Ritchey’s Bridge and floating downriver to the Cooper Recreational area in Broad Top Township.

Getting in on the popularity of kayaking is a new business that recently opened in Saxton. Raystown Rent & Ride opened at 717 Spring St. in the old Bob Cunningham Sporting Good Store property.

Business owner Jared Weaver said he and his wife, Yari, opened the business on July 9. They are working out of a large

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