Biden working with G20 leaders to 'create a cartel' to 'keep business taxes high,' conservative critic says

Corporate tax concerns taking backseat to earnings: Market expert Bob Doll Crossmark Global Investments Chief Investment Officer Bob Doll provides insight into taxes, earnings and the markets.  President Biden and other world leaders at the G20 Summit in Rome endorsed a global minimum tax on corporations, a move U.S. officials are hoping will help bolster the president's Build Back Better […]

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UK borrowers warned: the days of cheap mortgages are over

As interest rate changes are coming ‘thick and fast’, owners may face big rises in their repayments Budget 2021: key points at a glance Budget calculator: what does it mean for me? Read all our budget coverage First published on Fri 29 Oct 2021 05.54 EDT The era of record low mortgage rates looks to be over, borrowers were warned […]

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Vossloh 9-month Operating Profit Rises; Sales Revenues Up 13.1%; Confirms Outlook

Vossloh (VOSSF.PK) said its profitability in the first nine months of 2021 improved significantly, on an operational basis, in part due to the company’s extraordinarily strong performance in China. Looking forward, the company confirmed its raised forecast for 2021. Vossloh stated that it is in a position to noticeably improve operating profitability year on year. The Executive Board anticipates the […]

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The State Where the Most People Are Quitting Their Jobs

The most recent State Job Openings and Labor Turnover Summary is for August. Among the subjects the Bureau of Labor Statistics (BLS) report tracks are job openings, hire rates, layoffs and what its terms “quits.” These are people who leave jobs of their “own accord” and not because of layoffs. The report gives both the total number of people by […]

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Millions of workers stay home to watch young children as daycares struggle

Government mandates are ‘torpedoing’ the US workforce: Rep. Ashley Hinson Rep. Ashley Hinson responds reports of GE and Lockheed Martin workers protesting workplace vaccine mandates.  Children across the U.S. have returned to school in person and many daycare centers have reopened with vaccinated staffers. Still, a shortage of child-care workers is sending ripples across the U.S. workforce, stymieing employers as […]

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American Airlines employees protest outside headquarters over vaccine mandate

Cops threaten to quit in growing numbers over vaccine mandates Former HHS assistant secretary Dr. Brett Giroir weighs in on vaccine mandates on ‘The Evening Edit’ A group reportedly totaling hundreds of people including current and former American Airlines employees protested outside the company's Fort Worth, Texas, headquarters on Friday, over the carrier's decision to mandate that all employees get […]

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Gentex Q3 Profit Misses Estimates; Cuts Outlook

Gentex Corporation (GNTX) said the effects of the electronic component shortages worsened during its third quarter. On a quarter-over-quarter basis, global light vehicle production in its primary regions of Europe, North America, Japan/Korea and China decreased 23% compared to prior year quarter. Net income declined year-on-year primarily due to changes in sales, gross margins and operating profits. The gross margin […]

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Fed’s Beige Book Indicates Slower Pace Of U.S. Economic Growth

Economic activity in the U.S. has recently grown at a modest to moderate rate, according to the Federal Reserve’s Beige Book, although the pace of growth has slowed. The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, attributed the slowdown to supply chain disruptions, labor shortages, and uncertainty around the Delta […]

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