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Direct Selling News  > news  > U.S. News

Over the weekend, a capacity crowd packed out Charlotte, North Carolina’s Time Warner Cable Arena for the ACN International Convention, where the direct seller of telecom and home services once again welcomed entrepreneur Donald Trump to the stage.

Today billionare investor Carl Icahn revealed his investment position in Herbalife. In what has become a clash of the Wall Street titans, Icahn paid $214 million for 14 million Herbalife shares, amounting to a 13 percent stake in the company.

Herbalife is providing further disclosure on its U.S. distributor earnings to offset accusations of illegitimate business practices.

Reports that are now coming in from publicly held direct selling companies continue to reflect strong increases in annual revenues.

As we prepare to publish our annual list of the top 100 direct selling companies in the world, we are excited to announce early reports of record numbers from industry leaders. Alticor Inc., parent company of Amway, today reported record 2012 global sales of $11.3 billion, compared with $10.9 billion in 2011.

Shareholders in Herbalife and NuSkin experienced a roller-coaster day on Monday as a result of the battle Bill Ackman, Founder and CEO of hedge fund Pershing Square Capital Management, continues to fight against Herbalife.

Hil Davis, Co-Founder of direct selling company J.Hilburn, tells his story in the February 2013 issue of Inc. magazine.

Vemma Targets Gen Y with New App

by DSN Staff

February 01, 2013

According to the Center for Disease Control and Prevention, a whopping 68.5 percent of Americans are overweight or obese, and it doesn’t look like the younger generations will grow up to decrease that percentage, as they are already entering adolescence with significant weight problems of their own.

According to a new report on the IRS website, the Internal Revenue Service announced a simplified option that many owners of home-based businesses and some home-based workers may use to figure their deductions for the business use of their homes.

VEMMA Delivers New App

January 16, 2013

Direct seller Vemma reported the launch of a much anticipated mobile app for Bod-e, a weight-management line of products.

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