With season underway, jobless rates fall in Southwest Florida - The News
Laura Layden, USA TODAY NETWORK - FLORIDA 11:58 p.m. EST December 16, 2016***NOTE TO INSPECTOR: All visible graphics are our own design, and were produced for this particular shoot.***(Photo: Getty Images/iStockphoto)’Tis the season — the busy season — and it shows in Southwest Florida’s jobless rates.Rates continued to fall in November in Lee and Collier counties — and across the five-county region.Unemployment dropped to 4.9 percent in Collier, down from 5.2 percent in October, ac..>> view originalBoston's Logan Airport ranked among the worst in North America
BOSTON — A new study on airport satisfaction ranks Boston’s Logan Airport as one of the worst airports in the country. J.D. Power and Associates released their annual North American Airport Satisfaction Study Thursday and Logan Airport was in the bottom five of the survey, below the survey’s average for large airports. Among those in the same company were Chicago O’Hare Airport, Philadelphia International Airport and New York’s LaGuardia Airport. The study was fielded from January through Octob..>> view originalVenezuela's crazy currency swap looks like alchemy, not economics
People line up to withdraw cash from an automated teller machine outside a Banco de Venezuela branch in Caracas on Dec. 12. (Marco Bello/Reuters) CARACAS, Venezuela — President Nicolás Maduro appears to have accomplished something this week that no one, and certainly no economist, would have thought possible. He has created a huge demand for the country’s long-slumping national currency, the bolívar. In a matter of days, the country with the world’s highest inflation rate, whose citizens wer..>> view originalChipotle Reaches Settlement With Ackman, Names Four New Directors
William Ackman and Chipotle Mexican Grill Inc. reached a settlement that gives the activist investor two seats on the burrito maker’s board, a truce that lets both sides focus on their other challenges. The pact gives Mr. Ackman’s partner, Ali Namvar, and longtime ally and former McDonald’s Corp. executive Matthew Paull seats on the board for at least two years, Chipotle said in a statement Friday. The company also named two other...>> view originalYahoo discloses biggest breach in history (for a second time) video - CNET
Redstone to Leave Viacom Board -- WSJ
Shutterstock photo By Keach Hagey and Imani Moise Sumner Redstone will step down from the Viacom Inc. board of directors in February, the company said Friday, though he will retain his chairman emeritus title. Mr. Redstone, who is 93 years old and in poor health, controls Viacom and CBS Corp. through a roughly 80% voting stake in each. Earlier this year, he gave up his executive chairman role on the boards of both companies, taking the title of chairman emeritus but keeping his ..>> view originalA Clash Atop India's Tata Empire Has a Titan on the Ropes
Some of the claims have been raised by his chosen successor, Cyrus Mistry. Mr. Tata ousted Mr. Mistry in late October, saying it was necessary because “the board of Tata Sons lost confidence in him and in his ability to lead the Tata Group in the future.” Mr. Mistry, 48, told Tata’s board in a letter that an internal audit indicated that its airline joint venture, AirAsia, had made more than $3 million in “fraudulent transactions” with two companies. In recent days, India’s Directorate of Enfor..>> view originalSteven Mnuchin Worked At Goldman Sachs, But You Wouldn't Know It From His GOP Bio
The official GOP biography of Steven Mnuchin, which appeared on the Republican National Committee’s website earlier this week, has some interesting gaps. Mnuchin, President-elect Donald Trump’s nominee for secretary of the Treasury, spent 17 years working at Goldman Sachs ― where, like his father before him, he became a partner. He also worked for hedge fund manager George Soros, founded a hedge fund of his own and was the lead investor in IndyMac, a failed subprime lender that turned into a “fo..>> view originalObamacare Had Its Biggest Day Ever This Week, President Says
WASHINGTON ― While the Affordable Care Act faces a looming repeal by President-elect Donald Trump and the GOP-led Congress next year, its health insurance exchanges had a record day on Thursday. More than 670,000 people selected health insurance plans via the federally run exchange marketplaces, which serve people in 39 states through HealthCare.gov, President Barack Obama said Friday. It’s the biggest number of sign-ups in a single day since the exchanges debuted in 2013. Thursday was supposed ..>> view originalBP strikes deal for 10 percent stake in Abu Dhabi's ADCO concession
DUBAI BP (BP.L) became the second Western oil major to renew a 40-year onshore concession in Abu Dhabi on Saturday after almost two years of negotiations to improve terms to help operate the United Arab Emirates' biggest oilfields.The British oil company signed an agreement with state-run Abu Dhabi National Oil Company (ADNOC) giving it a 10 percent stake in the Abu Dhabi Company for Onshore Petroleum Operations (ADCO), which operates the concession."BP becomes a 10 percent shareholder in ADC..>> view original
Tuesday, December 27, 2016
With season underway, jobless rates fall in Southwest Florida - The News and other top stories.
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