Bob Chapek‘s biggest blunder in his brief tenure as Walt Disney Co. chief executive was a mistake made in numerous executive suites in the past year. Forget all the chatter about his managerial style. Tough calls, right or wrong, are…
Read MoreFed's Daly: Currently expect fed funds rate to top out around 5%
FILE PHOTO: San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, U.S., July 16, 2019. REUTERS/Ann Saphir/File PhotoNEW YORK (Reuters) – Federal Reserve Bank of San Francisco leader Mary Daly said on…
Read MoreImproving Investor Behavior: Growing our way out of inflation
With fall in full swing and snow adorning the mountain tops, I turn to a classic dish for a little winter comfort: Campbell’s Tomato Soup. First introduced in 1895, the can would don its familiar red and white label in…
Read MoreColorado sees hiring surge and growing unemployment, survey says
Colorado employers reported adding 17,700 nonfarm payroll jobs from September to October, continuing a three-month streak of over-the-top hiring, according to a survey of business establishments. But a separate survey of households found that 5,000 fewer people described themselves as…
Read MoreMusk says made some Tesla decisions without board approval, defends $56 billion pay
WILMINGTON, Del (Reuters) -Elon Musk testified on Wednesday that he made decisions about Tesla Inc, including pausing the acceptance of Bitcoin payments, without director approval as he defended his $56 billion pay package against claims he dictated its terms to…
Read MorePhilip Morris wins Elliott backing for $15.7 billion Swedish Match takeover -FT
FILE PHOTO: Moist powder tobacco “snus” cans are seen on shelves at a Swedish Match store in Stockholm, Sweden October 24, 2018. Picture taken October 24, 2018. REUTERS/Anna Ringstrom/File Photo(Reuters) – Activist investor Elliott Management Corp has decided to back…
Read MoreU.S. labor market resilience persists; productivity remains weak
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong despite slowing domestic demand amid stiff interest rate hikes from the Federal Reserve to tame inflation.FILE PHOTO:…
Read MoreAuto affordability drops sharply in metro Denver as price increases outstrip income gains
Affordability is a big issue in housing, but the pandemic has also forced more consumers to stretch when buying a new or used vehicle, especially those who want to own a small SUV in Colorado. iSeeCars.com, an online auto website,…
Read MoreChina to encourage more foreign investment in manufacturing industry
FILE PHOTO: The sign of China World is seen near buildings in Beijing’s central business area, China January 17, 2020. REUTERS/Jason LeeBEIJING (Reuters) – An official of China’s state planner said on Wednesday that the country’s foreign investment has increased…
Read MoreAmazon, FedEx and U.S. Postal Service looking to fill 4,800 seasonal jobs in Colorado
Consumers are expected to spend less money this upcoming holiday season and retailers are on track to hire fewer seasonal workers this year than last. But online retailers and package delivery firms are hiring en masse this fall. Amazon, the…
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