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Nationwide Mutual Insurance Co.

The Arena District in downtown Columbus, Ohio.
Media & Marketing / Small Business / Tourism

Shop Talk (Lance Turner Editor’s Note)

Takeaways from the Alliance of Area Business Publishers’ annual conference, including a word from a Biden administration official on the rising inflation that threatens to derail the pandemic comeback. read more >
Banking & Finance / Business Services / Government & Politics / Insurance / Investments / Legal

NanoMech Uncovers Top Secret DealingsLock Icon

The Delaware bankruptcy of Springdale’s NanoMech Inc. has taken a bizarre cloak-and-dagger turn: Former CEO Jim Phillips, under oath in September, cited “national security” when refusing to answer questions about 46 transactions that its top financial officer knew only as the “CIA arrangement.” read more >
According to allegations of mismanagement and self-dealing against Jim Phillips, the former NanoMech CEO committed the financially struggling company to a Dallas office lease in 2015 and furnished the space with expensive furniture and extravagant artwork, some of which is now missing. Estimated cost of the lease obligation and furnishings to house two employees: Nearly $1 million.
Banking & Finance / Insurance / Legal

NanoMech Investors Pursue Claims of Self-Dealing, More

Accusations of corporate mismanagement against the former CEO of NanoMech, Jim Phillips, have intensified into allegations of self-dealing and securities fraud. read more >