Category Archives: Business

Osage LLC Welcomes WindShape

Osage LLC is celebrating a major milestone in the growth of Skyway Range by welcoming WindShape Inc. as the first tenant at the newly expanded facility. The Swiss-based company opened its first U.S. site with a ribbon-cutting on Sept. 25, bringing advanced indoor drone testing capabilities not available anywhere else in the country. This marks an important expansion of Osage LLC’s footprint in the aerospace and innovation economy and a continuation of Tulsa’s long aviation history.

As an indoor drone test center, WindShape’s eight labs enable companies to simulate real-world conditions, including wind, rain, snow, and freezing temperatures, all within controlled laboratory settings. These capabilities help accelerate safety validation, product development, and certification for drone companies worldwide.

Behind a net at WindShape’s new Tulsa facility, a drone undergoes a live demonstration, simulating smoke and wind in a controlled environment.
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Economy Is Back on Track

After falling to an 11-year low during the Biden Administration, new polling shows “Americans’ faith in the economy and direction of the nation is back on track and shooting higher” amid President Donald J. Trump’s relentless America First agenda. The Washington Examiner reports, “the latest McLaughlin & Associates national survey, the percentage of voters who believe the country is on the right track has jumped 10 points since Inauguration Day, to 44%, and those viewing it on the wrong track have dropped 16 points to 49%.”

In fact, the share of Americans who say gas prices are a “major problem” is down by 15% over last year; the same is true for housing costs (down 11%) and grocery prices (down 8%). Meanwhile, small business owners are feeling renewed optimism driven by a sharp rise in approval “across the political spectrum” for President Trump’s economic policies.

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AG Drummond Seeks Action Against Temu

Attorney General Gentner Drummond, currently campaigning for governor, has issued a request for proposals for outside counsel to investigate and pursue legal action against the Chinese e-commerce company Temu amid concerns of consumer protection violations.

Temu is a popular mobile app and website that offers low-cost goods to consumers. The company is accused of deceiving consumers by unlawfully collecting data and providing that data to the Communist Chinese government as well as engaging in other deceitful practices. Security and privacy concerns and the presence of malware led Apple and Google to suspend the Temu app.

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OK’s $32M Settlement With CVS Caremark

Oklahoma Attorney General Gentner Drummond announced yesterday a more than $32 million settlement with CVS Caremark over money from Oklahoma’s state employee health plan. 

CVS Caremark is a pharmacy benefit manager (PBM) that manages prescription drug benefits for health plans, including HealthChoice which is Oklahoma’s state employee plan. When drug companies give discounts and rebates for medications, CVS Caremark was supposed to pass that money on to HealthChoice. Instead, the state contends that CVS kept millions of dollars that should have gone to help lower healthcare costs for state employees from January 2020 through December 2024. CVS maintained that it complied with its contractual obligations. 

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The CPA Gap: Not Learning Government

Despite the critical role state, local, and federal governments play in managing trillions of taxpayer dollars, most accounting students graduate without ever learning how public finances are actually reported.

While private companies follow accounting rules set by the Financial Accounting Standards Board (FASB), governments operate under entirely different frameworks—GASB (Governmental Accounting Standards Board) for state and local governments, and FASAB (Federal Accounting Standards Advisory Board) for federal agencies. These rules govern everything from pension reporting to how a “balanced budget” is defined. And yet, in most college and university accounting programs, they’re barely mentioned.

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