Wall Street rally fizzles amid profits doubt and tech slips
Wall Street failed to sustain a rally as doubts about the economy and corporate profits outweighed upbeat retail sales and tech upgrades. The Dow rose 43.46 to 10,910.44, while the Nasdaq fell 27.84 to 2128.79 and the S&P 500 slipped 0.37 to 1255.17. The Fed rate cut eyed next Tuesday looms as a potential spark.
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Wisdom breaks ground on John Nash Boulevard facility
WISDOM Media Group began construction on a 50 000 square foot facility on John F Nash Boulevard in Bluefield costing 7 million dollars. The site will house corporate headquarters and TV and radio production with potential to create up to 50 more jobs, supported by local officials and Rep Nick Rahall. Turner lauds West Virginia and TurnerVision while detailing WISDOM s national reach through WISDOM Television WISDOM Radio and WISDOM Internet and noting current and future staffing at Bluefield.
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Bluefield
Wisdom Media Group
John F. Nash
Bill Turner
Turner
Nick Rahall
West Virginia
Paul Cole
Norfolk Southern Railroad Corporation
Mercer County
Cole
San Francisco
Denver
Paul Gonzales
Rahall
TurnerVision
Wisdom
Wisdom Television
Wisdom Radio
Wisdom Internet
Center
John Nash
First Century Bank
City of
U.S
Economic Development Authority of
Wisdom Media
Toyota starts North American automatic transmission production
The Buffalo plant, led by Toyota official Yoshito Kato, becomes the first outside Japan to build automatic transmissions. The 150,000 square foot site will turn out 360,000 units annually for Camry and Solara, with engines produced for Corolla, Avalon, and Sienna. The facility employs about 800 staff.
MENTIONED IN THIS ARTICLE
Toyota
Buffalo
Toyota Motor Corp
Yoshito Kato
Putnam County
Japan
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