Snow and ice spur profits for some small firms
New York based report shows small business owners seeking to profit from heavy winter weather. City Wide Maintenance chief Jeff Oddo says prior salt shortages caused losses and he now orders finer salt in advance. Atlanta firm Preparis reports a 30 percent surge in demand for severe weather planning. Jim Aaberg of Synergy HomeCare in Bloomington Normal Illinois cites access issues for caregivers during snow.
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New York
Jeff Oddo
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Fear drives Dow drop as markets slip amid recession fear
Investors dumped equities as Europe teetered toward recession and U S economic data soured. The Dow fell over 400 points, marking its steepest one day loss in more than a year and wiping out gains for 2014. Nasdaq neared correction while funds moved into U S Treasuries. Analysts cited global growth uncertainty and flight to safety.
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Europe
Terry Sandren
U.S. Bank Wealth Management
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