Stories by Andy Nghiem on Business Daily

Andy Nghiem News


On Aug. 14, PayPal Holdings, Inc. announced that Alex Chriss has been named President and CEO. Chriss will officially assume his position on the Board of Directors effective Sept. 27.

On Aug. 17, Fidelity Investments released a Q2 2023 retirement analysis showing a successive quarterly growth in retirement account balances. The analysis, which studied more than 45 million IRA, 401(k), and 403(b) retirement accounts, reported substantial growth in 401(k) balances, with a notable 66% increase among Gen Z workers compared to Q2 2022 and young investors also observed a 34.4% year-over-year surge in IRA accounts.

Chicago's Rose Pallet is a 100% Women-Owned business with 40 years of combined experience and was recently ranked 18 out of 75 on the Crain's list of Chicago's Biggest Women-Owned Businesses.

Doug Truax, founder and CEO of Everlong Captive, Captive Health Insurance recently said that rate caps are a tool that were made a long time ago that should be left in the past.

Phil Holowka, marketing manager of MedTrans Insurance, recently highlighted necessary information about captive insurance for those planning to go captive.

Doug Truax, CEO and founder of Everlong Captive, Captive Health Insurance recently said that many small business owners are stuck with rising traditional health care costs and are blind to the cost savings that are within their reach.


Sean Thomas, CEO and co-founder of Fresh Stack, a casual fast-food restaurant in Kildeer, said the idea for the restaurant started long before its 2020 opening, and being community-focused is important to the mission and values of the restaurant.

Higher Ground, a day care facility that recently opened in Downers Grove, has set a record for most students being registered.

Sean Thomas, CEO and Co-Founder of Fresh Stack, a casual fast-food restaurant in Kildeer said one of Fresh Stack's core values and mission is to serve the community.

Doug Truax, CEO of Everlong Captive and Captive Health Insurance, recently said regarding health insurance that if employers and brokers don't position themselves and their clients correctly, they'll be left behind.

Biden's green energy agenda continues to push for a transition toward electric vehicles, a move most critics say isn't practical or reliable as EVs are expensive and not all that much cleaner than their alternatives. Statistics show that only one in 10 electric vehicle owners use their EV as their primary car, and instead largely rely on a gas-powered vehicle. When compared to EV owners nationwide, the number of individuals who use them as their primary mode of transportation is largely in the minority.


Doug Truax, founder and CEO of Everlong Captive Insurance, said his company is going to battle to fight traditional captive insurance models with its modified structure, which not only improved performance and transparency, but also helps businesses facing the unsustainable rising cost of health insurance.

President Joe Biden's order to forgive student debt has prompted criticism. Christian Watson, the spokesperson for Color Us United, a nonpartisan nonprofit aimed at eliminating discriminatory diversity, equity and inclusion policies instituted by corporations, criticized the president in a now-viral video. The video has garnered 1.7 million views on Twitter.

Texas Comptroller Glenn Hegar recently announced his office's list of financial companies that boycott the oil and gas industry, setting the stage for Texas to prohibit public fund investment to BlackRock, UBS and others.

A national backlash against ESG (environmental, social and corporate governance) is building as governors and attorneys general take action against national corporations. Amid the backlash, Color Us United continues to be flooded with complaints from workers facing discrimination at the hands of DEI (diversity, equity and inclusion) programs.

Symptoms of a sinus headache include swelling in the face, a feeling of fullness in the ears, a fever and persistent pain.

Color Us United is urging company executives to listen to workers experiencing race-based discrimination as a result of so-called “diversity, equity and inclusion” programs.

The West Palm Beach community will soon have a new option for sinus and allergy treatment when West Palm Breathe Free Sinus & Allergy Centers officially opens its doors August 15.