Less than half of mid-size American businesses expect sales and profits to rise next year: survey

It’s not only major U.S. companies with stocks included the Dow Jones Industrial Average that are feeling the effects of the U.S. – China trade war. Less than half mid-size American businesses expect their sales and profits to increase next year. And 72% blame President Trump’s international trade policies for their difficulties, according to a survey of 550 companies by […]

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Avis Budget stock tanks after third-quarter profit falls 11%

Avis Budget Group Inc. stock tanked in the extended session Thursday after the car-rental company posted an adjusted third-quarter profit well bellow market expectations. Avis CAR, -1.49% said it earned $189 million, or $2.50 a share, in the quarter, compared with $213 million, or $2.68 a share, in the year-ago period. Adjusted for one-time items, Avis earned $223 million, or $2.96 […]

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3M’s stock leads the Dow’s losers as profit warning trumps earnings beat

Shares of 3M Co. took a dive Thursday, after the diversified consumer, industrial and health care products maker beat third-quarter profit expectations but missed on revenue and lowered its earnings outlook, citing “challenging” macroeconomic conditions, including slowdowns in the U.S. and China. The stockMMM, -3.64% slumped 4.4% in afternoon trading, enough to make it the biggest decliner among the Dow Jones […]

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Workers over 50: how to adopt a new attitude about your job

Recently, while attending the Retirement Coaches Association conference in Ann Arbor, Mich. where I spoke about retirement trends, I heard a fascinating and insightful presentation I wanted to share. Life and retirement transition coach, therapist and author Dorian Mintzer and corporate trainer and adjunct professor Gillian Leithman (aka “Dr. Gill”) presented what they called “a new, courageous mind-set” for midlife employees. Mintzer and Leithman, of Boston and Quebec, […]

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T. Boone Pickens, oil tycoon and corporate raider, dies at 91

OKLAHOMA CITY (AP) — T. Boone Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Wednesday. He was 91. Pickens’ spokesman Jay Rosser confirmed the death to The Associated Press. Pickens suffered a series of strokes in 2017 and was hospitalized that July after what he called a “Texas-sized fall.” An only child […]

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Actress reportedly thought half-million payment to college admissions fraudster was akin to funding a campus library

Lori Loughlin doesn’t think she did anything wrong by allegedly paying a half-million dollars to get her daughters into USC — because she thinks the payoff was the same as making a donation, according to a report. “She honestly didn’t think what she was doing was any different than donating money for a library or athletic field,” an insider reportedly […]

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WeWork is going public: 5 things to know about the office-sharing company

Office space-sharing company WeWork moved one step closer to the public markets on Wednesday, when it filed the paperwork for parent The We Company’s initial public offering, giving investors a more detailed look at its business. The company WE, +0.00%, which filed confidentially for an IPO last year, said it aims to raise $1 billion in the IPO, although that […]

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