Big miss in the August jobs report. Employers only added 235-thousand new jobs last month. We get an expert’s take on it. Amazon reportedly asking delivery partners to stop screening applicants for marijuana. It says it could boost the number of applicants amid the driver shortage. But what are the risks? And it appears Apple…
Covestro to Cut up to 10 Percent of Jobs Worldwide—Paper
German chemicals maker Covestro plans to cut up to 1,700 of its 16,500 jobs worldwide, the Rheinische Post newspaper said. In Germany, the maker of foam chemicals and hard plastics could cut up to 950 jobs out of 7,600, the paper said in its report on Thursday, citing trade union circles. Covestro confirmed the figures…
Covestro to Cut up to 10 Percent of Jobs Worldwide
German chemicals maker Covestro plans to cut up to 1,700 of its 16,500 jobs worldwide, the Rheinische Post newspaper said. In Germany, the maker of foam chemicals and hard plastics could cut up to 950 jobs out of 7,600, the paper said in its report on Thursday, citing trade union circles. Covestro confirmed the figures…
European Stocks Slip Ahead of PMI, U.S. Jobs Data
European stocks slipped on Friday ahead of U.S. employment data that could influence the Federal Reserve’s policy outlook, while fresh concerns about slowing Chinese growth dented the mood. The pan-European STOXX 600 index was down 0.2 percent by 0723 GMT but on track for small weekly gains. Rate-sensitive banks and financial services were among the…
European Stocks Slip Ahead of PMI, US Jobs Data
European stocks slipped on Friday ahead of U.S. employment data that could influence the Federal Reserve’s policy outlook, while fresh concerns about slowing Chinese growth dented the mood. The pan-European STOXX 600 index was down 0.2 percent by 0723 GMT but on track for small weekly gains. Rate-sensitive banks and financial services were among the…
NTD Business Full Broadcast (Aug. 26)
Over a million Americans will soon lose their jobless benefits. What they can do to get back in the workforce? We ask two experts. A new survey says nine out of ten Americans are feeling the pinch of higher prices. How is inflation impacting people’s lives? And IKEA is testing out a new store layout….
Florida Has Recovered Over 960,000 of 1.3 Million Jobs Lost in Pandemic
Florida has now recovered over 960,000 of the around 1.3 million jobs lost at the height of the COVID-19 outbreak, according to state authorities. The Florida Department of Economic Opportunity (DEO) said in a recent release that the state has recovered 964,400 jobs of those lost when the pandemic struck last spring, which threw the…
NTD Business Full Broadcast (Aug. 6)
A big July jobs report has many hopeful of a strong labor market recovery. We see where the jobs were added. Apple planning to scan iPhones in the U.S. for images of child abuse. A new tool would compare photos with known child abuse images. Why is it raising some concerns? And the average price of gas…
Economy Added 94,000 Jobs in July, Largely in the Services Sector: Statistics Canada
OTTAWA—Statistics Canada says the economy added 94,000 jobs in July as public health restrictions continued to be lifted, with the gains coming primarily in Ontario. The agency says the gains were concentrated in the service sector, with 35,000 jobs added in accommodation and food services. July employment gains were largely in full-time work, which rose…
Good Things Come to Those Who Wait
My first experience in organized sports was playing soccer as a 7-year-old boy. I loved it, but I was small for my age. I was easily the smallest kid on the field, and I didn’t get a lot of playing time. The coach wasn’t mean or unfair about things. I think he was just afraid…
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