31 July, 2014 by The TZ Newswire Staff Comments Off on Exxon Mobil quarterly profit jumps 28 percent
Exxon Mobil quarterly profit jumps 28 percent
ExxonMobil said on Thursday its quarterly profit jumped 28 percent on higher prices for crude and natural gas.
31 July, 2014 by The TZ Newswire Staff Comments Off on Earnings Watch: Updates, advisories and surprises
Earnings Watch: Updates, advisories and surprises
A roundup of the latest corporate earnings reports and what companies are saying about future quarters.
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31 July, 2014 by The TZ Newswire Staff Comments Off on Cash is king as the bull market ages
Cash is king as the bull market ages
The bull market remains intact and yet this is still a good time to move some money out of mega-cap US stocks says Jonathan Hoenig of CapitalistPig.
31 July, 2014 by The TZ Newswire Staff Comments Off on Panasonic, Tesla to build big US battery plant
Panasonic, Tesla to build big US battery plant
American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs. The companies …
31 July, 2014 by The TZ Newswire Staff Comments Off on Mid-Wage Work Comes Back as U.S. Moves Past Burger-Flipping Jobs
Mid-Wage Work Comes Back as U.S. Moves Past Burger-Flipping Jobs
Ryan Kenny has been testing chainsaws for the last seven months and getting paid for it. He’s an example of how America’s earnings scale is becoming more balanced as employment expands in occupations within manufacturing, sales and construction that require greater skills. Hiring in such fields has increased 2.9 percent since the start of 2013, outpacing overall employment, according to research by JPMorgan Chase & Co.
31 July, 2014 by The TZ Newswire Staff Comments Off on Probe exposes flaws behind HealthCare.gov rollout
Probe exposes flaws behind HealthCare.gov rollout
Management failures by the Obama administration set the stage for computer woes that paralyzed the president’s new health care program last fall, nonpartisan investigators said in a report released Wednesday. …
31 July, 2014 by The TZ Newswire Staff Comments Off on Target picks Pepsi veteran as new CEO
Target picks Pepsi veteran as new CEO
Target Corp. is bringing in PepsiCo Inc. executive Brian Cornell as its new chief executive, turning to an outsider for the first time in its history to repair a battered corporate culture and navigate a sea change in Americans’ shopping habits. Reuters Brian Cornell will become chief executive of Target Corp. Mr. Cornell, age 55, steps into the role vacated three months ago by Gregg Steinhafel, a Target veteran who left after a revolt by key lieutenants who worried the cheap-chic discount retailer had lost its way.