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Keyword: economy

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  • The Majority of Millennials Have $1,000 or Less in Savings

    02/20/2017 2:33:22 PM PST · by Jyotishi · 43 replies ^ | December 11, 2015
    Millennials are projected to number 75.3 million for 2015, surpassing a projected 74.9 million for Baby Boomers. The Millennials will therefore comprise a greater percentage of the population than Baby Boomers for the first time. To gain insight into the saving habits of Millennials, we recently performed a survey of those from the ages of 18 to 34. We received 2,585 responses to our survey. The results of our survey found that over 50% of Millennials have less than $1,000 in savings. This would indicate that most millennials do not have a cushion to fall back on in case of...
  • Americans brimming with optimism on the economy

    02/20/2017 11:20:06 AM PST · by ForYourChildren · 3 replies
    The Hill ^ | 02/19/2017 | Jonathan Easley
    A strong majority of Americans say the U.S. economy is running strong, and most believe the upward trend will continue under President Trump, according to a Harvard-Harris poll provided exclusively to The Hill. The survey found that 61 percent view the economy as strong, against 39 percent who say it is weak. .. "It's really a surprising turnaround given how negative voters have been about the economy since 2009," said Mark Penn, co-director of the Harvard-Harris poll. {..snip..}
  • NOW HIRING: Tempe company Endurance hiring 600, several Valley career fairs scheduled (Arizona)

    02/19/2017 4:50:59 PM PST · by 2ndDivisionVet · 1 replies
    KNXV-TV ^ | February 19, 2017 | Angie Koehle
    Looking for a new career? Valley employers are hiring and need quality workers. See if any of the positions fit your skill set. Endurance Tempe Endurance International Group in Tempe is hiring for 600 positions by Oct. 1. The company provides web hosting, domains and online solutions for small and medium-sized businesses. Positions include managers, technical support, sales and professional services. Apply here. Phoenix Career Fair Meet with dozens of employers in one day! The Phoenix Career Fair will be held Thursday, February 23 from 11 a.m. to 2 p.m. at Radisson Hotel Phoenix North. Come dressed to impress and...
  • Automation and its effects on jobs: The Huge Economic Issue that Washington Isn't Talking About

    02/18/2017 5:54:10 PM PST · by SeekAndFind · 59 replies
    PJ Media ^ | 02/16/2017 | Rick Moran
    Within the next 10 years, there's a good chance that 50% of the jobs today will be gone.And no one in Washington is talking about what to do to deal with this likelihood.The cause of this coming massive economic upheaval is artificial intelligence -- a catch-all term that encompasses everything from driverless cars to sex robots. Its impact is already being felt on the factory floor, where smart machines are making American manufacturers more competitive, more efficient, and more profitable, but without the mass number of workers that used to be the backbone of the American economy.Donald Trump says...
  • ‘The eurozone isn’t working’ - Alan Greenspan

    02/17/2017 6:00:13 PM PST · by Java4Jay · 14 replies
    He suggests the inequality is largely down to a north/south geographical divide which means the division between the northern and southern EU countries is too big. The bloc's more prosperous nations such as Germany consistently fund the deficits of those in the south, and that simply can't go on, said Greenspan.
  • IT Services Giant Accenture Plans U.S. Hiring Spree (15,000+ jobs)

    02/17/2017 4:30:32 PM PST · by 2ndDivisionVet · 10 replies
    Fortune ^ | February 17, 2017 | Reuters
    Accenture said on Friday it would create 15,000 jobs in the United States, as IT services firms brace for a more protectionist U.S. technology visa program under President Donald Trump. The company is domiciled in Dublin, Ireland, but a majority of its more than 380,000 employees are in India. IT services companies came under the spotlight after Trump said that his administration would focus on creating more jobs for U.S. workers, who had been affected by the outsourcing of jobs abroad. Major IT service companies, particularly those based in India, use H-1B visas to fly engineers to the United States...
  • Hundreds apply for new jobs coming to Milton (West Virginia, 70+ openings)

    02/16/2017 9:40:19 PM PST · by 2ndDivisionVet · 3 replies
    The Herald-Dispatch | February 16, 2017 | Fred Pace
    Link only due to copyright issues:
  • Philly Fed index rockets to 33-year high in another post-election blast (best since 1984)

    02/16/2017 8:47:55 AM PST · by God luvs America · 1 replies
    Market Watch ^ | 2/16/2017 | Greg Robb
    The Philadelphia Fed said its manufacturing index soared in February to a 33-year high, in another indication of improving business sentiment in the wake of a Republican election sweep. The Philadelphia Fed index surged to a reading of 43.3 from 23.6 in January. That’s the highest level since early 1984, on a scale where any reading above zero indicates improving conditions. That is well above the MarketWatch economic consensus was for a reading of 20. It was also the biggest one-month gain in the index since June 2009.
  • Making Made in America Great Again

    02/16/2017 6:02:28 AM PST · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 02/16/17 | Megan Barth
    We need tax reform to make it easier to invest in American businesses, American products and American workers. It’s time for Congress to usher in a new era of American prosperity “As Factory Jobs Disappear, Ohio Town Has Few Options.” That headline from the New York Times has become an all-too-familiar staple of American journalism, a bitter reminder of how globalization has decimated the manufacturing sector in America’s heartland. Ohio alone lost 160,000 manufacturing jobs over a three-year period, thanks largely to low-cost imports. The Times story describes the heartache this economic upheaval sent through the city of Canton, shuttering...
  • Thank You, Obama: U.S. Steadily Lost Ground On Economic Freedom Over Past 8 Years

    02/16/2017 4:45:40 AM PST · by IBD editorial writer · 2 replies
    Investor's Business Daily ^ | 2/15/2017 | Staff
    Economy: The U.S. currently ranks a dispiriting 17th on the Heritage Foundation's Index of Economic Freedom. That's down from 6th when Obama took office in 2009. The question isn't whether President Trump can turn this dismal trend around, it's whether Democrats will let him. The Heritage Foundation has been publishing this index since 1995. It measures things like property rights, fiscal health, business freedom, tax burden, government spending, rule of law and other indicators of economic freedom in 186 countries. Based on these, each country gets an overall freedom index score, which then can be ranked against other countries. As...
  • Flynn, the Latest Furor, and the Week in Review

    02/15/2017 4:37:49 PM PST · by LS · 55 replies
    self | 2/15/2017 | LS
    This is sort of an update, requested by some, on my take on the developments of the last week or so. First, I have not been in contact with anyone at Team Trump. I think they have plenty to deal with. I am told my streams of contact still work, so they are just busy. Second, the rollout of the executive orders was not, contrary to some douchenozzle RINOs and know-it-all, inside-the-beltway pundits, "clumsy" or "poorly conceived." The fact is that ANY initiative as big as this is likely to be leaked the longer it germinated, and the more it...
  • Dublin call center to add 560 full-time jobs with benefits (Ohio)

    02/15/2017 9:06:04 PM PST · by 2ndDivisionVet
    The Columbus Dispatch ^ | February 14, 2017 | Tim Feran
    HKT Teleservices plans to hire 560 people by Aug. 1 to work at its call center in Dublin, a result of "significant growth from an existing contract," said Dave Shapiro, president of the U.S. branch of the Hong Kong-based telecommunications company. That's more than twice the 230 that the company employs there. HKT has been in central Ohio for almost 15 years, but "the last two years, we've really had a growth spurt," Shapiro said. In 2015, for example, the company — then known as PCCW Teleservices — moved to a 52,000-square-foot space at 5200 Rings Road in Dublin from...
  • Senate Confirms Former Wrestling Exec McMahon To Lead SBA

    02/14/2017 5:30:06 PM PST · by 2ndDivisionVet · 6 replies
    Manufacturing ^ | February 14, 2017 | Kevin Freking, The Associated Press
    WASHINGTON (AP) — In a rare display of bipartisanship, the Senate on Tuesday confirmed former wrestling entertainment executive Linda McMahon to lead the Small Business Administration as part of President Donald Trump's cabinet. The Senate voted 81-19 to confirm McMahon, who helped start and grow World Wrestling Entertainment Inc. Senate Majority Leader Mitch McConnell, R-Ky., said McMahon will "prioritize growing jobs over growing government bureaucracy."(continued)
  • 'Made in the USA' is a tough promise for luxury brands to make

    02/14/2017 5:07:45 PM PST · by 2ndDivisionVet · 7 replies
    CNBC ^ | February 14, 2017 | Krystina Gustafson
    Standing in the lobby of New York City's Trump Tower last month, LVMH CEO Bernard Arnault told reporters that the Louis Vuitton brand will expand its manufacturing in the U.S., potentially setting up a factory in the Carolinas or Texas. Yet even as President Donald Trump pressures other businesses to ramp up their American-based production, experts agree that the "Made in the USA" movement is unlikely to take hold in the luxury sector anytime soon. Designer labels face several major headwinds when it comes to producing goods here, including inadequate infrastructure and a shortage of raw materials. "You've got so...
  • Government program gives immigrants residency for $500,000

    02/13/2017 3:10:58 PM PST · by 2ndDivisionVet · 24 replies
    WTAE-TV ^ | February 13, 2017 | Paul Van Osdol
    PITTSBURGH — A controversial government program allows wealthy foreigners to buy their way into this country. Some critics said it amounts to citizenship for sale. Action News Investigates has learned the program has Pittsburgh connections. Immigrants who want to live in the U.S. are forced to wait as long as a decade to get a green card. But a government program called EB-5 allows wealthy immigrants to jump to the front of the line if they can pay $500,000. The program has been hit with allegations of fraud and abuse, and now some in Congress say it needs to go....
  • Walmart to invest in 442 textile jobs at Renfro Corp. in Fort Payne (Alabama)

    02/11/2017 4:58:26 PM PST · by 2ndDivisionVet · 18 replies
    WHNT-TV ^ | February 9, 2017 | Ben Brice
    FORT PAYNE, Ala. – Walmart has announced plans to begin purchasing supplies from Renfro Corporation, a local company based in Fort Payne. Walmart says it will begin to source materials from American-based companies like Renfro Corporation in an effort to invest in U.S. manufacturing. Renfro Corporation believes the investments will create around 442 jobs in textile manufacturing, namely by providing Walmart with athletic socks. Renfro Corp. currently has 605 employees and is the largest employer in Fort Payne’s hosiery industry, according to the DeKalb County Economic Development Authority. These new jobs will push the company over the 1,000 mark. Additionally,...
  • Trump Just Made The Biggest Sale Of Drilling Rights On Federal Land In 4 Years

    02/11/2017 1:26:30 PM PST · by HarleyLady27 · 66 replies
    The Daily Caller ^ | Feb 11, 2017 | Andrew Follett
    The Bureau of Land Management (BLM) made its largest lease sale in four years, marking the start of President Donald Trump’s plans to expand drilling on federal lands. BLM sold drilling rights on 278 parcels of public land for $129.3 million. Bids ranged from $2 per acre to $16,500 per acre. The land sold was mostly located in Wyoming — about half of which is directly controlled by the federal government.
  • The Time Has Come for 51

    02/11/2017 4:50:43 AM PST · by Kaslin · 94 replies
    American Thinker ^ | February 11, 2017 | John Steinreich
    After nearly three decades in L.A. County, Nestlé will soon move its headquarters from California to Virginia. This food services giant with an estimated $235 billion in assets worldwide will by the end of 2018 remove 1,200 jobs from a state that relies heavily on income taxes to fund its massive public sector. Nestlé's exodus follows other big employers, including Toyota, Campbell's Soup, Dunn-Edwards Paints, and eBay – which took with them tens of thousands of jobs – and mirrors the flight of mom-and-pop operations, entrepreneurs, families, and individuals who have ditched the once Golden State for places where the...
  • The first recipient of SoftBank's $100 billion start-up fund plans to build 3 satellites per day

    02/10/2017 5:01:27 PM PST · by 2ndDivisionVet · 7 replies
    CNBC ^ | February 10, 2017 | Harriet Taylor
    Internet satellite company OneWeb — the poster child for SoftBank 's pledge to President Donald Trump to invest billions of dollars in the U.S. — will open a "high volume" factory that will build three satellites per day, CEO Greg Wyler told "Squawk Alley" on Friday. The factory will be on NASA property in Florida, and start operating this year, Wyler said. SoftBank said in December that it would invest $1 billion in OneWeb, taking a 40 percent stake. With that investment, Wyler said the company would create 3,000 new high-tech, highly skilled manufacturing and engineering jobs. At its new...
  • This WWII Military Strategy Perfectly Explains What Trump Is Doing to the Media

    02/09/2017 10:23:26 PM PST · by 2ndDivisionVet · 31 replies
    The Nation ^ | February 9, 2017 | D.D. Guttenplan
    The British called it “Window”; the Luftwaffe dubbed its version “Düppel.” For the Americans, “Chaff” was the code name for the top-secret weapon that, in July 1943, allowed the US Army Air Forces to obliterate Hamburg in broad daylight. For the past two weeks, the Trump administration has been using a Chaff approach to media management—and if we don’t learn how to deal with it, we may suffer the same fate as Hamburg. In the early months of World War II, scientists in Britain, the United States, and Nazi Germany were all working on the same problem: Radar, the technological...
  • Will the Post Trump Economic Momentum Fade?

    02/09/2017 1:53:40 PM PST · by davikkm · 11 replies
    IWB ^ | Gabrielle Seunagal
    In recent news, people have speculated about the challenges President Trump is having with enacting policies such as the tax cut deal, his stimulus plan, and the repeal of Obamacare. This has troubled some Americans and bred concern as to whether or not the President will fulfill the promises he made on the campaign trail. I have complete faith in Mr. Trump. He is an insurmountable leader and winner who has been in business for decades. The President is an expert at cutting deals and producing results ahead of schedule and under budget.
  • Personal Income Growth in Obama Years Weakest in History [semi-satire]

    02/08/2017 10:48:11 AM PST · by John Semmens
    Semi-News/Semi-Satire ^ | 5 Feb 2017 | John Semmens
    The year-to-year rate of growth in personal income in the United States was lower during President Obama's recently completed two terms than at any other period recorded in this country's history. In the last year of the Bush Administration the growth rate was 4.7%. In the last year of the Obama Administration the rate fell to 3.4%. This contrasted especially unfavorably to the average 9.5% annual increases during the Reagan years. Ranking member of the House Energy & Commerce Committee Rep. Frank Pallone (D-NJ) made an effort to defend the Obama record by pointing out that "when Reagan took office...
  • ‘Trump makes sense to a grocery store owner’ [Interview with "Black Swan" author]

    02/08/2017 12:57:16 AM PST · by 2ndDivisionVet · 22 replies
    The Hindu ^ | January 29, 2017 | Suhasini Haidar
    Economist-mathematician Nassim Nicholas Taleb contends that there is a global riot against pseudo-experts After predicting the 2008 economic crisis, the Brexit vote, the U.S. presidential election and other events correctly, Nassim Nicholas Taleb, author of the Incerto series on global uncertainties, which includes The Black Swan: The Impact of the Highly Improbable, is seen as something of a maverick and an oracle. Equally, the economist-mathematician has been criticised for advocating a “dumbing down” of the economic system, and his reasoning for U.S. President Donald Trump and global populist movements. In an interview in Jaipur, Taleb explains why he thinks the...
  • Japan's Sharp may break ground on $7 billion U.S. plant in H1 - source (700,000 jobs possible)

    02/07/2017 11:19:41 PM PST · by 2ndDivisionVet · 9 replies
    Reuters ^ | February 8, 2017
    Japanese display maker Sharp Corp may start building a $7 billion plant in the United States in the first half of 2017, taking the lead on a project initially outlined by its Taiwanese parent Foxconn, a person with knowledge of the plan said. A decision by Foxconn to give Sharp the lead would come as Japanese Prime Minister Shinzo Abe prepares to travel to the United States to meet U.S. President Donald Trump, who in his inauguration speech vowed to put "America first". In a package Tokyo hopes will please Trump, Abe will unveil investments to create as many as...
  • 2016 U.S. Merchandise Trade Deficit: $734,316,300,000

    02/07/2017 8:14:36 AM PST · by xzins · 91 replies
    CNS NEWS ^ | February 7, 2017 | Terence P. Jeffrey
    The United States ran a merchandise trade deficit of $734,316,300,000 in 2016, according to data released today by the Census Bureau. During 2016, the U.S. imported $2,188,940,500,000 in goods but exported only $1,454,624,200,000. The People’s Republic of China was the greatest contributor to the U.S. merchandise trade deficit for the year. The U.S bilateral merchandise trade deficit with China was $347,037,900,000. This deficit resulted from the U.S. importing $462,813,000,000 in goods from China while exporting only $115,775,100,00 in goods to China.
  • Donald Trump gets high praise from ex-GE exec Welch

    02/04/2017 12:39:05 AM PST · by aquila48 · 35 replies
    Boston Herald ^ | February 04, 2017 | Chris Cassidy
    Retired General Electric CEO Jack Welch says his two-hour White House meeting with President Trump and other business executives “far exceeded my expectations” and covered issues ranging from immigration to financial regulations to women in the workplace. “I’m telling you it was one of the best meetings I’ve ever been to in my life in terms of real stuff, real issues being discussed,” Welch told the Herald by phone last night. “No phony baloney. Nothing like that.” Welch said he has met with nearly every president since 1981, and found Trump surprisingly well-versed on topics, engaged and genuinely focused on...
  • Don’t Blame Trump When the World Ends

    02/04/2017 6:52:01 AM PST · by blam · 11 replies
    Economic Prism ^ | 2-3-2017 | MN Gordon
    There was, indeed, a time when clear thinking and lucid communication via the written word were held in high regard. As far as we can tell, this wonderful epoch concluded in 1936. Everything since has been tortured with varying degrees of gobbledygook. The fall from grace was triggered by the 1936 publication of John Maynard Keynes’ The General Theory of Employment, Interest and Money. The book is rigorously indecipherable. What’s more, it has the ill-effect of making those who read it dumber. Nonetheless, politicians and establishment economists remain enamored with Keynes’ gibberish. For it offers academic rationale for governments to...
  • How Trump Will Destroy Democrats

    02/03/2017 12:02:25 PM PST · by Kaslin · 33 replies ^ | February 3, 2017 | Bryan Crabtree
    The massive display of outrage against President Trump's immigration order, cabinet picks, Supreme Court justice-nominee and other executive actions is nothing more than a ruse. Most people on ‘the political left,’ could care less about refugees, immigrants or free health care. Their main concern is power and money. And, their window of opportunity to stop the most devastating political event of Democrat political history is closing. Once Donald Trump produces an economy that he has promised, upward mobility and a massive expansion of jobs, people will flee the Democratic Party like rats running from the rising water on a...
  • Let’s call a shovel a spade

    02/03/2017 2:34:00 PM PST · by davikkm · 12 replies
    IWB ^ | Wayne McLaughlin
    There is no such thing as ‘shovel ready’ sitting on someone’s shelf waiting to go. With Trump’s construction background, he knows that and after exposure of Obama’s empty ‘shovel ready’ shelf, the Democrats know that. Repairing a creaky infrastructure requires substantial engineering for development of documents that the shovel wielders can bid on which will take a minimum of two to three years to even be bid-ready. These are never done ahead of time because, (a) they are expensive and available money has digging with lane closures etc. as a priority and, (b) why do it for an indefinite future...
  • Despite what you've heard, Trump's labor pick is pro-worker

    02/01/2017 2:45:55 PM PST · by 2ndDivisionVet · 2 replies
    The Patriot-News ^ | February 1, 2017 | Alfredo Ortiz
    While President Donald Trump is making his way through his first weeks in office, his cabinet nominees are undergoing another week of grueling confirmation hearings. Proponents hope that they can quickly be confirmed and get started bringing reforms to increase American prosperity and security. At the top of the list of nominees who can help reinvigorate the small business community, which drives the nation's job and economic growth, is labor secretary nominee Andy Puzder. Puzder knows how to create jobs and finally raise wages for working Americans. This is evidenced not only by his copious writing on the subject but...
  • Trump's point man on trade: 'We envision a more Germany-style economy'

    01/31/2017 4:49:32 PM PST · by 2ndDivisionVet · 24 replies
    CNBC ^ | January 25, 2017 | Matthew J. Belvedere
    The administration of President Donald Trump wants manufacturing jobs to make up about a fifth of the American workforce, said Peter Navarro, tapped by Trump to lead the newly created National Trade Council. Navarro told CNBC's "Squawk Box" on Wednesday that part of his job at the National Trade Council is matching the needs of industry with the skills of U.S. workers. "We envision a more Germany-style economy, where 20 percent of our workforce is in manufacturing," he said. "And we're not talking about banging tin in the back room." "We're talking about high technology across the board, whether it's...
  • Japan May Offer US Jobs in Summit with Trump (Hundreds of thousands of jobs)

    01/31/2017 3:37:47 PM PST · by 2ndDivisionVet · 10 replies
    Industry Week ^ | January 31, 2017 | Bloomberg
    Japan's Prime Minister Shinzo Abe will propose plans to create hundreds of thousands of jobs in the US when he meets President Donald Trump at an upcoming summit in Washington, Kyodo news reported Tuesday. Tokyo is busy putting together an investment package which "would translate into hundreds of thousands" of new US jobs, Kyodo said, citing unnamed Japanese government sources. Abe will pitch Japanese companies' cooperation in projects like high-speed rail construction and shale oil development, the report added. The package is to be put forward when the two leaders meet on February 10. Japan is one of Washington's closest...
  • The Statue of Liberty has NOTHING to do with immigration...

    01/31/2017 9:41:19 AM PST · by HarleyLady27 · 16 replies
    The Conservative Treehouse ^ | Jan. 30, 2017 | Sundance
    It’s hilarious to see the MSM (Mostly Swamp Media) and DC politicos heads’ spinning as they try to keep up with the Trump Train. They say “impossible”, he says “great, let’s get started”… It’s a never ending stream of deliberate consciousness… LOLOL. Whoops.
  • Liberals may hate Trump’s first 10 days, but GOP base loves it

    01/30/2017 10:05:15 PM PST · by 2ndDivisionVet · 27 replies
    The San Francisco Chronicle ^ | January 30, 2017 | Joe Garofoli
    Many of the dominant images from President Trump’s first 10 days in office make it look as if the country is turning on him. The millions who protested him at women’s marches across the country. The thousands who jammed airports over the weekend to support immigrants and refugees hurt by his travel ban. Nevertheless, it’s unlikely any of this early backlash will mean much to the swing-state voters who sent Trump to the White House to deliver a message that the political system wasn’t working for them. “Is the white, blue-collar voter in Pennsylvania going to be upset by all...
  • David Rosenberg Crushes The Trump-flationary Dream: "That's Just Not Gonna Happen"

    01/29/2017 3:55:00 PM PST · by blam · 4 replies
    Zero Hedge ^ | 1-29-2017 | Tyler Durden
    "It seems to me like a lot of people think we're in a new inflationary boom," but, warns Gluskin-Sheffs David Rosenberg, "the answer is no... that's just not gonna happen. It's not like Ronald Reagan at all in that regard." Submitted by Patrick Ceresna via*This time around, not only are valuations at 15-year highs but we're entering it into the eighth year of the expansion of the bull market. You have to respect where were you are in the market cycle in the business expansion and we're much more mature now than we were in that early stage of...
  • Friedman: After Trump’s Policies ‘There Will Be No Jobs,’ Everything Automated!

    01/29/2017 12:36:24 PM PST · by Kaslin · 48 replies ^ | January 29, 2017 | Nicholas Fondacaro
    In what seemed like the ramblings of a 19th century Luddite, New York Times columnist and Pulitzer Prize winner, Tom Friedman appeared on NBC’s Meet the Press Sunday where he issued a ridiculous warning about the US economy under President Donald Trump. “So what’s going to happen if prices go up? American companies will build those factories here,” he exclaimed, “And you know what they'll do? They'll completely robotize them. There will be no jobs!”Friedman’s tirade was triggered by the very active first week of the Trump administration where the president signed executive orders on everything from immigration to economics....
  • Company to Invest $24M and Create 200 Jobs in Bartow County (Georgia)

    01/28/2017 1:34:21 PM PST · by 2ndDivisionVet · 5 replies
    The Coosa Valley News ^ | January 27, 2017 | Staff
    The Cartersville-Bartow County Department of Economic Development announced this week that Hühoco Group, a global player in refining metal products, will create 200 jobs and invest $24 million in a new facility in Bartow County. “I’m extremely pleased to welcome Hühoco Group’s First American Resources subsidiary to our community and the Cartersville family of industries. This wonderful company already knows that Georgia is a great place to do business, and we are proud that they have decided to make Cartersville their home. Their investment in our community is appreciated.” -Cartersville Mayor Matt Santini Hühoco currently operates a facility in Mableton,...
  • Pizza Hut plans to open more stores, create 11,000 jobs

    01/28/2017 1:08:35 PM PST · by 2ndDivisionVet · 37 replies
    CNBC ^ | January 19, 2017 | Sarah Whitten
    Pizza Hut is about to go on a hiring spree. The pizza chain said Thursday it will hire 11,000 new pizza makers, delivery drivers and store managers. "While we don't have a set deadline, we know we are headed into one of our more busy times of the year and our restaurants across the country are working hard to hire team members that will deliver a quick and reliable pizza experience for pizza lovers nationwide," Kelly McCulloch, Pizza Hut's senior director of human resources, told CNBC. The company said the hiring is part a plan to expand the number of...
  • Trump Announces Manufacturing Jobs Initiative to Be Joined by Musk, Fields, Immelt

    01/27/2017 9:22:25 AM PST · by 2ndDivisionVet · 6 replies
    The Street ^ | January 27, 2017 | Emily Stewart
    The White House announced a manufacturing jobs initiative on Friday joined by executives from Ford, Dow Chemical, U.S. Steel and others. Part of Trump's overall jobs creation agenda, the project will involve ongoing meetings between the president and business leaders to "share their experiences and gain their insights." According to a press release, Trump will call on the executives listed for perspectives on "how to best promote job growth and get Americans back to work again." Many of the executives listed as part of the initiative met with Trump on his first full day in office on Monday - Dow's...
  • Barack (Hussein) Obama Is Now The Only President In History To Never Have A Year Of 3% GDP Growth

    01/27/2017 8:29:14 AM PST · by blam · 20 replies
    Zero Hedge ^ | 1-27-2017 | Tyler Durden
    Following today's extremely disappointing US GDP growth data, we have the final nail in the coffin of President Obama's economic reign. Not only is the average annual growth rate of just 1.48% during Obama's business cycle the weakest of any expansion since at least 1949, he has just become the only President to have not had even one year of 3% GDP growth. An average annual GDP growth of 1.48% during Obama's two terms... As a reminder to a few blinkered media types, this means President Obama's "recovery" has officially been the worst recovery in US history (despite adding almost...
  • BEA: 2016 GDP growth worst since 2011, dives a full point from 2015

    01/27/2017 6:31:04 AM PST · by C19fan · 12 replies
    Hot Air ^ | January 27, 2017 | Ed Morrissey
    Remember this fall when Barack Obama insisted that American economic growth was the envy of the world? In 2016, not so much. After a better-than-expected third quarter, growth dropped back down into the stagnation range in the fourth quarter, according to the BEA’s initial estimate:
  • Official: Trump wants to slash EPA workforce, budget

    01/26/2017 9:35:16 PM PST · by Olog-hai · 70 replies
    Associated Press ^ | Jan 26, 2017 5:46 PM EST | Michael Biesecker and Seth Borenstein
    The former head of President Donald Trump’s transition team at the Environmental Protection Agency said Thursday he expects the new administration to seek significant budget and staff cuts. Myron Ebell said in an interview with The Associated Press that Trump is likely to seek significant reductions to the agency’s workforce — currently about 15,000 employees nationwide. Ebell, who left the transition team last week, declined to discuss specific numbers of EPA staff that could be targeted for pink slips. Asked what he would personally like to see, however, Ebell said slashing the agency’s size by about half would be a...
  • Greenfield: What Trump Can Expect from Hollywood

    01/26/2017 7:00:34 AM PST · by KeyLargo · 32 replies
    Truth Revolt ^ | Jan 26, 2017 | Daniel Greenfield
    Greenfield: What Trump Can Expect from Hollywood And how he should fight back. 1.26.2017 Commentary Daniel Greenfield When Bush left office, he was followed out the door by two movies. W, by Marxist crackpot Oliver Stone, was a Saturday Night Live skit with an all-star cast. The movie lost money and was quickly forgotten. The other, even more toxic production was Death of a President, released years earlier which fantasized about Bush’s assassination and remained a guilty pleasure for left-wing viewers. Obama departs with a very different industry farewell. Southside With You glamorizes his first date with Michelle. And Netflix...
  • Sonoco Creating 595 Jobs in Georgia

    01/25/2017 7:57:27 PM PST · by 2ndDivisionVet · 1 replies
    Business Facilities ^ | January 25, 2017
    Sonoco Products Company will create 130 full-time and 465 part-time jobs in a new packaging center in Fairburn, GA. The global diversified packaging company’s overall investment in Fulton County will total approximately $20 million. The packaging center will support Duracell’s new North America battery packaging operation and will be located in Duracell’s recently leased facility at Shugart Farms Industrial Park. “This is a one-of-a-kind relationship in our industry, where we have the opportunity to supply a diverse range of packaging products and services which come together as a single integrated solution,” said Philippe Erhart, Sonoco’s division vice president and general...
  • Is GNC A Good Buy @ 9.15 A Share?

    01/25/2017 4:54:59 PM PST · by OneVike · 89 replies
    MY Brain | today | OV
    So GNC is down to 9.15 a share, it was up to 60.18 in Nov 2013. Last years high was at 34.58 in April, but has since slid into almost penny stock territory. I understand that they are having trouble from theom;ine sales and all, but they are also running a Super Bowl add to help. I guess even if the Super Bowl add helps temporarily it may be a smart move to buy at 9.15 to make a quick profit from the response they get off the add. Anyone agree? By the way you all want a tip? Try...
  • Global stocks hit 19-month high and Dow Jones breaks 20,000 for first time ever..

    01/25/2017 7:04:26 AM PST · by KeyLargo · 26 replies
    UK Telegraph ^ | January 25, 2017
    Live Global stocks hit 19-month high and Dow Jones breaks 20,000 for first time ever as markets reignite 'Trump rally'
  • EXCLUSIVE: Trump team compiles infrastructure priority list

    01/24/2017 7:52:55 PM PST · by amorphous · 112 replies
    The Kansas City Star and McClatchy Washington Bureau ^ | 24 January 2017 | y Lynn Horsley, Steve Vockrodt, Walker Orenstein and Lindsay Wise
    President Donald Trump’s team has compiled a list of about 50 infrastructure projects nationwide, totaling at least $137.5 billion, as the new White House tries to determine its investment priorities, according to documents obtained by McClatchy’s Kansas City Star and The News Tribune. The documents, circulated within the congressional and business communities, offer a first glimpse at which projects around the country might get funding if Trump follows through on his campaign promise to renew America’s crumbling highways, airports, dams and bridges. Among the projects could be a new terminal for the Kansas City airport, upgrades to Interstate 95 in...
  • HVAC’s Future in a Trump-led Government

    01/23/2017 10:45:32 PM PST · by 2ndDivisionVet · 12 replies
    Air Conditioning, Heating & Refrigeration News ^ | January 23, 2017 | Nicole Krawcke, Business Management Editor
    With President-elect Donald Trump now in office, the HVAC industry remains hopeful and optimistic about its future under a Republican-led government. Takeshi Ebisu, president and CEO, Goodman Mfg. Co., suggested a unified federal government was a good thing for the HVAC industry. “The federal government has been experiencing an extended period of gridlock where no major pro-business legislation has been passed or deregulation has occurred. It’s a good thing for the HVAC industry when you have a government that is action-oriented.” However, Ebisu also noted it was too early to tell how the new administration and Congress will impact the...
  • Trump meets with leaders of building, sheet metal unions

    01/23/2017 2:00:46 PM PST · by 2ndDivisionVet · 6 replies
    Reuters ^ | January 23, 2017 | David Shepardson
    President Donald Trump met Monday at the White House with leaders of construction, carpenters, plumbers and sheet metal unions, the White House said. According to the White House, participants included North America's Building Trades Unions President Sean McGarvey, Laborers' International Union of North America President Terry O'Sullivan, SMART sheet metal workers' union President Joseph Sellers, United Brotherhood of Carpenters President Doug McCarron and Mark McManus, president of the United Association that represents plumbers, pipefitters, welders and others. The union meeting also included several local union officials and follows a gathering of 12 chief executives of large companies at the White...
  • 10 Things Learned From 3 Days In Washington D.C. (An AMAZING Pro-Trump Read!)

    01/22/2017 7:02:06 PM PST · by vannrox · 56 replies
    zero hedge ^ | 23JAN17 | Submitted by John Mauldin via,
    Submitted by John Mauldin via,I have been in Washington DC for the last three days. The ostensible reason was to participate in a board meeting of a public company, Ashford Inc. (AINC). We manage hotel REITs that own three hotels here in DC, and the group decided to move our board meeting up a few weeks and hold it in DC during the inauguration. That gave me the opportunity to set up a few meetings to try to gain some insight into what the first 100 days, the first six months, and the first year of the Trump...