Michael L. Diamond Asbury Park Press Published 5:00 AM EST Dec 26, 2018 Matthew Whaley got out of the stock market a few years ago, but he couldn't help but wonder if the recent sell off would eventually reach his pocketbook. A psychotherapist from Asbury Park, Whaley hoped his clients were shielded, too, so they would have enough money to spend on his services. "I worry how it will affect me eventually," he said on Christmas Eve after a visit to Home Depot in Neptune. The major stock indexes on Monday continued their sharp declines that began in September, putting it on track to end 2018 with its worst annual performance since the Great Recession in 2008. Experts say the economy remains strong, a reminder that Wall Street and Main Street aren't always aligned. But they still are trying to grasp the impact of the Federal Reserve Board's decision last week to increase interest rates and President Donald Trump's herky-jerky policies that … [Read more...] about Dow plummets in December as Shore investors brace for turbulence
What investors look for in financial statements
By Paul Takahashi Updated 9:33 pm CST, Wednesday, November 28, 2018 Luby’s, 1414 Waugh Dr., is shown Tuesday, Aug. 14, 2018 in Houston. Luby’s, 1414 Waugh Dr., is shown Tuesday, Aug. 14, 2018 in Houston. Photo: Melissa Phillip, Staff Photographer / Staff Photographer Photo: Melissa Phillip, Staff Photographer / Staff Photographer Image 1 of / 24 Caption Close Image 1 of 24 Luby’s, 1414 Waugh Dr., is shown Tuesday, Aug. 14, 2018 in Houston. Luby’s, 1414 Waugh Dr., is shown Tuesday, Aug. 14, 2018 in Houston. Photo: Melissa Phillip, Staff Photographer / Staff Photographer Activist investor calls for “fresh faces” to turn around struggling Luby’s 1 / 24 … [Read more...] about Activist investor calls for “fresh faces” to turn around struggling Luby’s
SECTIONS Search E-edition Customer Service Customer Service SacBee Rewards About Us About Us Contact Us Apps Mobile & Apps Twitter, Facebook, Google+, YouTube News in Education (NIE) Newsletters Local Sacramento Region Arena City Beat Crime Local Govt Salary Database The Homeless Marcos Bretón Transportation Education Environment Health & Medicine Traffic Conditions Weather Communities Elk Grove Folsom/El Dorado Roseville/Placer Yolo Sports Sports Kings NBA News 49ers Giants Oakland A's High School Sports Joe Davidson More Sports Raiders NFL News MLB News River Cats Soccer Colleges Golf Autos Racing Politics Politics Capitol Alert State Workers The California Influencer Series Local Elections PoliGRAPH State Worker Salary Database Legislative Gifts … [Read more...] about Burned out Paradise resident: ‘I’m suing.’ Is PG&E in financial peril?
The Texas Bullet Train still only exists on paper. Yes, they can build it. They have the technology. But the money isn't there yet. Texas Central Partners, which wants to build the train, doesn't yet have all the land rights it needs. Environmental concerns abound. And development and design decisions still need to be made.But the plans keep chugging along. And all the possibilities of a 90-minute Dallas-to-Houston high-speed rail connection, with a stop at Texas A&M University, have sparked a frenzy of planning in Houston and Dallas — and waves of anxiety in rural counties in between.Here are the latest things to know about the high-speed rail battle.It's sold as a unifier despite the urban-rural divideThe train has been pitched as a potential infrastructure jewel — and job generator — that could strengthen the economic bond between the state's two largest metro areas. Texas Central Partners insists the line isn't a far-flung … [Read more...] about Here’s what is ahead for the proposed Houston-to-Dallas high-speed rail, including potentially traumatized butterflies
Tesla's already slowing solar energy business is shrinking – and that's a concerning sign for the company's sprawling solar panel factory in South Buffalo. The electric vehicle and battery maker is in the midst of a plan to reduce its workforce across the country by 9 percent, or more than 3,500 people, and those cutbacks will include reductions at its slowing solar energy business. Reuters reported last week that those cutbacks include closing 13 or 14 of its solar installation facilities – roughly a 20 percent reduction. That still will leave Tesla with about 60 installation facilities across the country. The closings are a further sign that the solar energy business is playing second fiddle to Tesla's electric vehicle business as it pulls out all the stops to meet its production targets for the Model 3 sedan that the company and its investors are counting on to become the high-volume product that will finally make Tesla profitable. The Model 3 is important … [Read more...] about David Robinson: Tesla’s solar business is shrinking. Here’s what it means for Buffalo.