Cities gain job share as suburbs see drop in downturn
The Brookings Institution reports 2007 to 2010 saw cities capture more jobs than outer rings but suburban losses and weaker downtown gains. The recession slowed the shift yet did not reverse it, with policy and smart growth urged to cluster jobs near transit and housing to reduce commute times and costs.
MENTIONED IN THIS ARTICLE
Washington
United States
Brookings Institution
Elizabeth Kneebone
Brookings Metropolitan Policy Program
Washington, D.C
Kneebone
Mary Sue Barrett
Chicago
Metropolitan Planning Council
Flexsteel Slips but Sees Higher Third Quarter Sales
Dubuque based Flexsteel Industries reports net income of 3.1 million or 42 cents a share for the quarter ended March 31. Sales rise 7.3 percent to 98.4 million led by residential results up 12.3 percent to 79.9 million amid demand for upholstered products.
MENTIONED IN THIS ARTICLE
Flexsteel Industries
Karel Czanderna
PepsiCo Q1 earnings rise on price gains lifts margins
PepsiCo posted better than expected first quarter results with net income of 1.08 billion dollars or 69 cents per share, and results excluding items reaching 77 cents per share. The company cited price increases and a transition year in 2012 as factors boosting margins and guiding strategic reviews for early next year.
MENTIONED IN THIS ARTICLE
PepsiCo Inc
Pepsi
Averting the next crash with supercomputer trade alerts
The piece describes how ultra fast high speed trading creates volatility and swift market moves. Edison, a Berkeley Lab supercomputer in Oakland, could monitor ultrafast trading, detect precursors to crashes, and provide early warnings to regulators to avert economic wrecks.
MENTIONED IN THIS ARTICLE
U.S
Edison
Lawrence Berkeley Laboratory
Wells Fargo Bank
Oakland
Calif
Scientists seek warnings for future flash crashes in electronic markets
Researchers identify signals such as imbalances in buy and sell orders to forewarn regulators and traders about developing flash crashes. They highlight the 2010 May incident when Hewlett-Packard tumbled from 52 to 42 in 15 minutes and note that high speed computer trading now dominates markets. Bailey of the Center for Innovative Financial Technology calls for better monitoring to restore trust. Edison’s future, with massive computational capability, underscores the data revolution driving these concerns.
MENTIONED IN THIS ARTICLE
Hewlett-Packard
David H. Bailey
Lab
Edison
Lake Tahoe
U.S
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Sourcemedia.net
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Wall Street
Reuters
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Quaker
Cedar Rapids
N.Y
Pepsi Co
Pec
Reuti
San Jose Mercury News
Reuter
New York Stock Exchange
Dow Jones
Bailey
Rading
Cee Arem Croom Emmy
Cee Oumar
Wrence Berr
Kahler
Arys
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