Capitol Report: Screaming labor shortage forcing firms to get creative to fill record job openings

Reuters The U.S. economy is so short on skilled workers that companies are getting creative in filling open jobs. Businesses have complained loudly for months about a shortage of workers to fill record job openings, but more and more firms are finally doing something about it. The labor market is extremely “tight,” a word used … Read more

Economic Report: More evidence the U.S. economy is growing strongly is shown in June’s leading index

Getty Images The U.S. economy keeps on truckin’. A barometer known as the leading index rose sharply in June. The numbers: The U.S. economy sped up in June, according to an index that attempts to forecast the nation’s economic health. The leading economic index rose 0.5% after no gain in May, the Conference Board said … Read more

The Wall Street Journal: Ross: Too early to say if U.S. will slap 25% tariff on autos

Getty Images Wilbur Ross WASHINGTON—Commerce Secretary Wilbur Ross said Thursday that it is “too early” to say whether the Trump administration will move ahead with proposed tariffs of up to 25% on imported vehicles and auto parts. Speaking ahead of a hearing in Washington, Ross said the government is still analyzing whether it will impose … Read more

Trade tariffs mean companies will spend less on growing their business in 2019, says Fitch

The tit-for-tat trade tariffs being imposed by the U.S. and China governments and European Union are likely to dampen capital spending by U.S. companies in 2018 and lead to a decline in spending in 2019 that may mark an inflection point in the late-stage business cycle. That’s the view of Fitch Ratings in a report … Read more

The Top 5 Disney Individual Shareholders

Founded in 1923, the Walt Disney Company is a hugely successful entertainment and media company with global operations. The parent company and its subsidiaries operate through five major divisions: Studio Entertainment, Parks and Resorts, Media Networks, Consumer Products, and Interactive. The company operates several major cable television networks, including the Disney Channel, ABC Family, and … Read more

GE Extends Partnership With Teradata for Aviation Products

General Electric Company’s (GE – Free Report) operating segment, GE Aviation recently entered into a deal with Teradata Corporation (TDC – Free Report) , a leading provider of database and analytics-related products and services. Per the deal, GE Aviation will serve as the sole provider of Teradata products and services for commercial aviation markets. Notably, … Read more