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Banking, Personal Finance

“U.S. Retirement Funds, Heavy on Stocks, Brace for Losses”

“Volatile stock markets are eroding the retirement savings of America’s teachers and firefighters after public pension systems ended last year with equity holdings at a 10-year high…” https://www.wsj.com/articles/u-s-retirement-funds-heavy-on-stocks-brace-for-losses-11646601597 If you’re a young person do not count on any U.S. government… Continue Reading…

Business, Stocks

“Foot Locker Plummets as Shrinking Nike Business Hits Outlook”

“…The chain said no single vendor is expected to represent more than 60% of total purchases this fiscal year, down from 70% in fiscal 2021 and 75% in the previous year. That contributed to Foot Locker projecting profit and comparable… Continue Reading…

Business, Economy

“Executives Are Quitting to Spend Time With Family … Really”

“…As the Great Resignation sweeps the American work force, it is low-wage workers — particularly those in the service industry — who are making up a majority of the turnover. Insufficient pay, poor working conditions, pandemic burnout and the opportunity to earn… Continue Reading…

Business

How You Can Get Started in a Business Career (and Why You Should!)

Written By Michael Stephenson The term “business” is broad. It can describe anything from administrative jobs to executive careers. But, one thing is true across all business positions: the skills you learn are universally adaptable. In other words, no matter… Continue Reading…

Business

6 Key Ways Your Business Can Use HR Consulting To Advance Within Your Field

Written By Tina Martin No matter your industry, the size of your company, or the length of time you have been in business, you can benefit from partnering with specialists who can optimize the success of each area of your… Continue Reading…

Business, Economy

“Domino’s Pizza forecasts soaring food costs in 2022, reiterates long-term sales outlook”

“Domino’s Pizza said it expects higher food prices to persist this year, putting pressure on the chain to cope with rising costs without alienating consumers. “We expect unprecedented increases in our food basket costs versus 2021,” CEO Ritch Allison told attendees… Continue Reading…

Business

“Evergrande default is highly likely, S&P says”

“BEIJING — Highly indebted property developer China Evergrande will likely default because the company has essentially lost its main business, S&P Global Ratings analysts said in a report Thursday. Evergrande was China’s second-largest developer by sales last year. Like many Chinese developers, the… Continue Reading…

Banking, Business

“JPMorgan is suing Tesla over Elon Musk’s tweets”

“…According to the complaint filed in Manhattan federal court, Tesla in 2014 sold warrants to JPMorgan that would pay off if their “strike price” were below Tesla’s share price upon the warrants’ expiration in June and July 2021. JPMorgan (JPM), which… Continue Reading…

Business

“Home Depot earnings top estimates fueled by 9.8% jump in sales as consumers fix up homes”

“Home Depot on Tuesday reported third-quarter earnings and revenue that beat analysts’ forecasts as customers spent more on home improvement projects. Strong demand is carrying over into the next quarter as the retailer readies for the holiday season. The company’s shares… Continue Reading…

Business

“Burger King parent Restaurant Brands International buys Firehouse Subs for $1 billion”

“Burger King parent Restaurant Brands International announced Monday it bought Firehouse Subs for $1 billion. Shares of the restaurant conglomerate rose more than 1% on the news. The stock has fallen 4% this year, giving it a market value of $27.1 billion.… Continue Reading…