Category: Business

Business Activity Index at 55.7%; New Orders Index at 56.5%; Employment Index at 49.1%; Supplier Deliveries Index at 56.2% TEMPE, Ariz., Nov. 3, 2022 /PRNewswire/ — Economic activity in the services sector grew in October for the 29th month in a row — with the Services PMI® registering 54.4 percent — say the nation’s purchasing and supply executives in the latest Services ISM® Report On Business®. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Services Business Survey Committee:…

India and its business people have taken significant steps towards being fully digital. While Indian-origin leaders like Sundar Pichai and Satya Nadella have made India proud and inspired many globally, local startups led by today’s youth bring a fresh wave of energy to the Indian tech market. One such energetic organization is TST Technology, established by Parth Makwana and his two close friends, Hiren Kalariya and Daxesh Italiya, during their 3rd year of college.    Despite being only a year and a half old, TST Technology has completed projects in…

CEOs’ focus on diversity and sustainability is enough to worry about high failure and running complex businesses in a challenging environment without having to deal with politicians who attack them as “active CEOs.” Chance Conference in Florida this week That so-called “stakeholder capitalism,” where corporations focus on doing good, was the focus of the panel. ChanceWednesday in Palm Beach, Fla. CEO Initiative meeting. The state’s governor, Ron DeSantis, has repeatedly taken aim at bosses who want to hit ESG (environmental, social and governance) goals. In some states, politicians have gone…

Your browser does not support the audio component. The restaurant business is always full of uncertainty. Decades before the epidemic, studies found that more than half of new restaurants failed within three years of opening. Anyone who has worked in the industry knows that the hours are long, the work is grueling and the profit margins are thin. The current pandemic has forced many restaurants to close their doors for good. In Portland alone, Running Number now lists more than 200 restaurants that have closed in the past two and…

Nov 3 (Reuters) – Bombardier Inc ( BBDb.TO ) reported an adjusted loss for the quarter on Thursday, as strong aircraft demand boosted the business jet maker’s margins. The Montreal-based company’s third-quarter loss fell to $2 million from $95 million a year ago. Makers of corporate jets are reporting swelling order balances, particularly in the United States, the world’s largest business aviation market, amid persistently strong demand for aircraft. Read more Read more However, aircraft manufacturers face pressure from supply chain and labor disruptions, as well as higher inflation and…

As we head into next week’s midterm elections, our country is in deep water, and CEOs are eager to steer clear of issues known to be “divisive.” A good example for me – only eight of the Fortune 500 companies have committed to end donations to politicians who oppose the certification of the correct results of the 2020 presidential election. Another is how Disney revised its stance on the government’s Don’t Say Gay bill after hearing from its employees. Today’s political and cultural landscape can be challenging for business leaders.…

COPENHAGEN, Nov 3 (Reuters) – Danish energy firm Orsted ( ORSTED.CO ) on Thursday raised its profit outlook for the year on the back of higher energy prices, with third-quarter core earnings slightly missing expectations on the back of a softer performance. The Beach Key. Orsted expects 2022 earnings before interest, taxes, depreciation and amortization, excluding the new joint venture, to be between 21 billion and 23 billion Danish kroner ($2.77 billion-$3.03 billion). The better outlook was mainly driven by higher earnings at its smaller business Bioenergy et al, which…

Nov 2 (Reuters) – Robinhood Inc ( HOOD.O ) posted a smaller-than-expected quarterly loss on Wednesday as the brokerage’s margin business rose as interest rates rose and increased volatility in markets helped its equities and options divisions. Net interest income increased to $128 million for the third quarter as the annual interest rate for Robinhood Gold customers increased to 5.75% and for non-gold customers to 9.75%. Robinhood Gold is the company’s subscription service that gives investors access to key features. “We expect Q4 net interest income to increase approximately $25…

Joni MacIntyre MILL HALL – The Keystone Central School District is ready to hire its new business manager. In tonight’s work session, the board will discuss hiring Johnny McIntyre to replace Susan Blesh, who left the school district in September to take a position at Penn State’s College of Agricultural Sciences. Blesh has been with the district since 2013. McIntyre joins the district from Center County Government as chief financial officer. However, she is no stranger to KCSD, having served as the school district’s fiscal operations…