Wall Street Journal (05/14/14) Sarah Portlock; Josh Mitchell
The producer-price index increased a seasonally adjusted 0.6% in April from March, according to the U.S. Department of Labor. Not counting the volatile food and energy categories, prices rose 0.5% in April from a month earlier. Economists polled by the Wall Street Journal had forecast a 0.2% increase in both overall prices and in prices excluding food and energy.
Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.
Wall Street Journal (05/14/14) Jonathan House
U.S. retail activity slowed last month, with sales in April increasing just 0.1% from the previous month to reach $434.6 billion, according to the U.S. Department of Commerce. March had seen the biggest jump in four years, 1.5%, likely due to warming temperatures after unusually harsh weather nationwide in January and February, and retail sales growth has averaged 0.3% during the past five months.
Don’t miss tomorrow’s ASAPro webinar “Leveraging Your CRM to Build a Remarkable Book of Business,” 3–4 p.m. Eastern time. Learn how customer relationship management (CRM) software can help your company manage client relationships, improve sales forecasting, and streamline operations.
All ASAPro webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.
Launched in December 2013, the course catalog on ASA Central allows you to find valuable learning opportunities that best match the professional needs and interests of your staff. This list of ASAPro webinar recordings has been organized under more than 30 common staffing industry position titles. Click on a position title and see recommended courses for that position to supplement the training your staffing firm is already providing.
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