CategoryEconomy

U.S. stock benchmarks tilt lower early Monday

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The US stock market opened lower on Monday to start a week packed with corporate earnings releases and a midweek meeting of the Federal Reserve The Dow Jones Industrial Average DJIA, -018% was trading 02% lower at 21,542, the S&P 500 index SPX, -013% was off about 02% at 2,468 The Nasdaq Composite Index COMP, +005% meanwhile, was trading flat at 6,388 Wall Street investors were paying attention...

Climate change might prevent airlines flying full planes

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THIS summer America has experienced some of the most intense heatwaves in decades In parts of southern Arizona the mercury has climbed to a sweltering 48°C Last month, a single day’s heatwave grounded dozens of planes As global temperatures climb higher, such incidents are likely to increase Climate change could have a dramatic impact on aviation across the world, according to a recently released...

Sports retailer Hibbett warns on profit amid 'very challenging sales trends'

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shares HIBB, -296% slip 165% in premarket trade Monday, after the company warned that it expects second-quarter same-store sales to fall about 10%, citing "very challenging sales trends" The company said the decline, combined with "significant" pressure on gross margin, would push it to a loss of 19 cents to 22 cents for the quarter The current FactSet consensus is for second-quarter earnings per...

A Checklist to Optimize and Manage Your Professional Online Presence

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If you’re ready to attract next-level opportunities such as expanding into new markets, landing a new job, or getting promoted at work, make sure you’re promoting a positive online presence (Image: iStock/m-imagephotography) Here’s a checklist for effectively managing your online presence: Listen, we’ve reached a point where people will Google your name before they decide to do business with you...

6 Ways to Get Media Coverage On Your Startup

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From attracting new clients and investors to building your credibility as a speaker, landing media coverage can take your brand or startup to the next level So if you’re ready to increase your chances of getting media coverage check out a few pitch tips below: Make your messaging stand out by focusing on the solutions you provide for a specific audience How does what you’re offering benefit the...

How to Make an Impact in Your Industry and Boost Career Success

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What are the issues in your field that people ignore or refuse to talk about Have you found a way to challenge or change “tried and true” practices that no longer work in your industry Martin Luther King is a perfect example of someone who painted a clear vision and gathered people together for a common cause To get started, rally people around your vision and make sure it’s easy for them to...

U.S. to drop charges against ex-J.P. Morgan traders in London Whale case

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The US government on Friday dropped charges against two former derivatives traders at JP JPM, -034% --Javier Martin-Artajo and Julien Groupt--in the London Whale case, according to a statement from the US Attorney for the Southern District of New York The US decided not to pursue the charges after it determined that it can no longer rely on the testimony of Bruno Iksil, a former colleague of the...

This Week’s Greatest Moments In Our Black Business History Celebration

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As our CEO Earl “Butch” Graves Jr wrote in his “Executive Memo” column on the mission behind the development of our exclusive roster: “We found that it was equally important to produce an annual barometer of black business as it was to tell the monthly stories of founders who demonstrated tenacity, acumen, and ingenuity to grow their companies—despite racial discrimination and diminished access...

White House briefs reporters after Spicer quits as press secretary: live blog

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Predicting a health care victory and tax reform being completed, Scaramucci says Trump “has really good karma” Scaramucci also says he “doesn’t see an issue” with any potential business conflicts of interest And now Scaramucci is up, with his first announcement, that Sanders will be press secretary, replacing Spicer Here’s Sarah Sanders, kicking off with some non-Spicer business, including an...

45 Great Moments in Black Business – No. 38: Indecorp’s Buys a $100 Million White-Owned Bank

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(Image: File) Roughly two years before that ad’s appearance in BLACK ENTERPRISE and other black periodicals, the late Alvin J Boutte—the man lauded as “an entrepreneurial wizard in Chicago’s banking community”—performed a bit of deal-making magic (Image: Black Enterprise Magazine) Analysts had estimated that Indecorp paid roughly $8 million—about 15 times book value —for Drexel (Image: Black...

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