A teen with a dream of becoming a dentist got ahead of the game at just 16. Forming his very own LLC with his parents’ help, he became the proud proprietor of a popular hot dog stand and is now raising money for medical school. Ryan Fouts of Bartlesville, Oklahoma, has been running Ryan’s Dawgs…
Teen Starts Hot Dog Business to Raise Money for Dental School: ‘Lit That Flame of Entrepreneurship’
Supply Headaches Sink German Business Morale to Six-Month Low
BERLIN/FRANKFURT—German business morale deteriorated for the fourth month running in October as supply bottlenecks in manufacturing, a spike in energy prices and rising COVID-19 infections are slowing the pace of recovery in Europe’s largest economy from the pandemic. The Ifo institute said on Monday that its business climate index fell to 97.7 from an upwardly…
US Business Activity Accelerates in October, Shortages Hamper Factories: IHS Markit Survey
October 22, 2021
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WASHINGTON—U.S. business activity increased solidly in October, suggesting economic growth picked up at the start of the fourth quarter as COVID-19 infections subsided, though labor and raw material shortages held back manufacturing. Data firm IHS Markit said on Friday its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, rebounded to…
Euro Zone Business Growth Slowed in October, Prices Soared: PMIs
LONDON―Growth in euro zone business activity slowed this month as firms faced soaring costs due to supply-chain constraints, while the bloc’s dominant service industry struggled amid ongoing COVID-19 concerns, a survey showed on Friday. IHS Markit’s Flash Composite Purchasing Managers’ Index (PMI), a good gauge of overall economic health, fell to a six-month low of…
The Impact of California’s $150 Billion Underground Economy | Bruce Wick
In California, the underground economy has been growing over the years, and it’s now $150 billion. My guest is Bruce Wick, director of risk management with Housing Contractors of California. He talks about why the underground economy is thriving at the expense of legitimate businesses. California Insider is an Epoch Times show available on YouTube,…
NatSec Expert: ‘We No Longer Need to Censor Ourselves’ About Chinese Communist Party
October 16, 2021
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Alexander HamiltonAustraliabatteriesBusinessBusiness & EconomycensorChinaChina-Australia RelationsChinese Communist PartyChinese RegimeEconomiesFinance & Business TiesHudson InstituteInfiltrating the WestLithium-ionNadia SchadlowSpecial Topicssupply chainsUnited StatesUS-China relationsventure capital
In a discussion that Hudson Institute senior fellow Arthur Herman described as “particularly chilling,” experts with Hudson’s Hamilton Commission on Securing America’s National Security Innovation Base spoke Oct. 14 on the threat of Chinese economic coercion to the supply chains for defense-critical advanced batteries. One of three talks at Hudson’s “Powering Innovation: Advanced Batteries and…
Business Jet Makers Look to Tap Surging Travel Demand at Las Vegas Air Show
LAS VEGAS—Planemakers are unveiling new orders and fresh models at the world’s largest business jet show this week as they aim to cash in on a boom in private travel, but executives warn of headwinds due to a capacity crunch. The National Business Aviation Association (NBAA) show returns to an in-person format starting in Las…
Is Intrapreneurship the Solution for Unhappy Employees and Behind-the-Times Businesses?
By Theodore Koe As you read this, many of the people on your team may be plotting their escape. A recent Gallup poll found that 54 percent of workers are “psychologically unattached to their work and company”—and that makes them very hard to rally to your cause. Across the American economy, those disengaged employees translate into…
Hope Rises in Australian Service Sector as Restriction Ease
Australia’s service sector is still declining, but experts speculate that easing lockdown restrictions will see the industry recover in the coming months. According to the Australian Industry Group’s performance of service index, although there has been an increase of 0.1 points to 45.7 for September, as it still falls below the 50 points mark, indicating…
European Business Growth Hurt by Supply Issues, Pricing in September: PMIs
LONDON—Business growth across Europe remained strong last month but elevated inflationary pressures put a dent in demand while ongoing supply issues constrained activity, issues which are likely to continue, a survey showed on Tuesday. Although many restrictions imposed to contain the coronavirus pandemic have now been lifted in the region, firms are suffering from shortages…
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