Keeping top staffers is a struggle in small firms
Small business owners face rising quit rates as employees seek new opportunities. Dance studio owner Andrea Bisconti weighs offering a business partnership to top instructor Kel lie Love to prevent revenue losses from departures. Strategies like communication, coaching, healthy work environments, and raises are increasingly used to retain staff.
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New York
Andrea Bisconti
Kellie Love
Bisconti
Love
Fred Astaire
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Principal Financial Group
Labor Department
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Lal
Fred Astaire Dance Studio
Bonds risk ahead as liquidity tightens in global market
A massive influx of funds into bonds since the crisis has left the $100 trillion market vulnerable to a potential sell-off. With many funds owning similar bonds and banks retreating from matching buyers and sellers, a downturn could trigger wide price declines and magnified losses through derivatives and leveraged bets. Experts warn liquidity risk could ripple through retirement accounts and the broader financial system.
MENTIONED IN THIS ARTICLE
New York
Main Street
BlackRock
El-Erian
Allianz
Hunting banned tourism down in manhunt zone 11A
Authorities report a ban on hunting and a drop in tourism within the manhunt zone 11A as a city-wide search continues. Officials urge residents to stay clear of cordoned areas while police pursue leads and assess safety risks. Local businesses note reduced visitors since the operation began.
Dow slides as markets extend losses amid Ebola fear
The Dow Jones dropped 203 points to 16839 by 12:54 p.m. Eastern, and the S&P 500 fell 18 to 1953 while the Nasdaq declined 57 to 4435. A key U.S. manufacturing index posted a decline last month and airlines tumbled on Ebola concerns with American Airlines and Delta down about 3 percent.
MENTIONED IN THIS ARTICLE
New York
U.S
American Airlines
Delta
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