Trader Mark Muller watches Thursday on the floor of the New York Stock Exchange as stocks plummet amid fears that chances for a recession are larger than experts previously thought. U.S. stocks sank Thursday after a factory gauge dropped the most in a decade and Apple cut its sales outlook, adding to concern that global growth is slowing. Treasury notes rallied and the yen strengthened. The S&P 500 index tumbled 2.5 percent for the steepest sell-off since Christmas Eve, when the gauge fell within a few points of a bear market before embarking on a 6.8 percent rally over the next five sessions. The Dow Jones industrial average plunged 660 points, or 2.8 percent. "Corporate America is getting cold feet about the outlook," said Chris Rupkey, the chief financial economist at MUFG Union Bank in New York. "That's what the stock market is saying with new selling and new lows after the manufacturing survey's release." The S&P 500 lost 62.14 points Thursday, closing at 2,447.89. The … [Read more...] about Dow drops 660 points as investors fear for growth
What do investors look for
Becky Vaughn-Furlow Careers Published 12:00 p.m. UTC Jul 28, 2018 How can we define what makes a good employee? What are employers looking for when separating average workers from the best and brightest? Every company has unique needs according to the type of business they operate and also the desired characteristics needed may differ by position. Here are common traits employers are seeking in their employees: Honesty is crucial as a trait for the successful employee. Businesses today deal with dishonesty from employees and customers. It is a growing cost to businesses. Shoplifting, fraud and embezzlement cost firms of all kinds and sizes. A global specialty insurer, Hiscox, conducted a study that revealed that embezzlement alone costs firms an average of $1.13 million annually. Statistic Brain reports that employee thefts cost businesses $50 billion annually. A strong work ethic tied for first place in the qualities hiring managers look for in a candidate, according to … [Read more...] about What qualities do employers look for in their workers?
As he travels around the state, Lt. Gov. Billy Nungesser is pitching the business community on engaging in public-private partnerships to develop underutilized land in state parks to generate badly needed revenues for the underfunded park system. Nearly one year after the Legislature cleared the way for such P3s on state park land, Nungesser’s office—which also oversees the Department of Culture, Recreation and Tourism—has established a Culture, Recreation and Tourism Foundation that is now open for business and looking for investors interested in developing everything from lazy rivers and zip lines to cabins and second homes for snowbirds. “We’re taking unsolicited proposals, but I want to take my time,” Nungesser says. “We’re looking at what fits best and want to engage the local chambers and elected officials to make sure whatever we do is a win-win for the community.” Louisiana’s state park system operates on a $15 million … [Read more...] about Nungesser looking for private partners to develop state park land
0 View Comments Food is a just-in-time, on-demand kind of thing in the U.S. People expect it on the shelf anytime they want it, 24 hours a day, seven days a week, 365 days a year. They expect it to look perfect - good enough to take iPhone photos of at restaurants and sending the images to friends. That demand has created some paradoxes. About $200 billion worth of not-quite-perfect food goes to waste every year, yet 42 million Americans don't have enough to eat. Forty percent of what farmers grow annually goes uneaten, yet 68 percent of farmers are on the verge of bankruptcy.Charged with doing something about those contradictions, the Agriculture Secretary Sonny Perdue stopped by Colorado Springs on Tuesday to see if there might be an answer in local startup FoodMaven."FoodMaven is kind of the Uber of food waste," Perdue said after touring the company's new warehouse on North Stone Street, near North Nevada Avenue and East Fillmore Street. "Food Maven is doing an innovative and … [Read more...] about Ag secretary comes to Colorado Springs looking for answers to the country’s food waste problem
Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest Stephen Hawking was looking for alien life when he died. That search just got a big boost And what if the project, Breakthrough Listen, does find alien life? “We should be wary of answering back,” the late scientist Stephen Hawking warned. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. 6 Join the Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs USA Today Network Josh Hafner, USA TODAY Published 1:52 p.m. MT May 8, 2018 | Updated 5:02 p.m. MT May 8, 2018 CLOSE A $100 million donation by Russian billionaire Yuri Milner will fund a new alien-seeking initiative called Breakthrough Listen. Video provided by Newsy Newslook CONNECT TWEET LINKEDIN 6 COMMENT … [Read more...] about Stephen Hawking was looking for alien life when he died. That search just got a big boost