Midwest business conditions dip in June
Creighton University's Mid-America Business Conditions Index fell to 50.1 in June from 52.1 in May signaling anemic manufacturing activity in Iowa and eight Midwest states. The regional employment gauge slid to 46.1 while the wholesale inflation index rose to 66.7, with Goss citing ongoing slower job gains and rising raw material costs.
MENTIONED IN THIS ARTICLE
Iowa
Creighton University
Mid-America
Ernie Goss
Creighton
Goss
Federal Reserve
European Union
Great Britain
Brexit's vote stirs U S earnings outlook and growth bets
Brexit fuels worries about U S profits as the dollar strengthens and oil prices fall. Analysts see the second half of the year as difficult, with S&P 500 third-quarter earnings forecasts slipping from 2.4 to 2.2 percent and second-quarter earnings expected to drop about 3.9 percent year over year. Europe accounts for 8 percent of S P 500 revenue.
MENTIONED IN THIS ARTICLE
New York
San Francisco
Britain
European Union
United States
U.S
Synovus Trust Company
Daniel Morgan
S&p 500
Thomson Reuters
Europe
S&p
Pilot shortage looms as airlines face aging pilots
Major U S airlines risk a 15 000 pilot gap by 2026 as aging captains retire and fewer youths enter aviation. Regional carriers struggle to supply pilots, prompting higher bonuses and closer ties with flight schools and universities.
MENTIONED IN THIS ARTICLE
Fter
U.S
University of North Dakota
Aviation Department
American
Delta
Greg Muccio
Southwest Airlines Co
Muccio
Southwest
University of
American Airlines
Dallas-Fort Worth International
Smith
Elizabeth Bjerke
University of North Dakota Aviation Department
Republic Airways Holdings
United
John Hornibrook
Alaska Air Group Inc
Mondelez Bid Tests Hershey Trust Shield Overhaul
Mondelez International launches a 23 billion bid for Hershey as the 81 percent voting stake held by the Hershey Trust faces scrutiny. Investigations into the trust and the Pennsylvania attorney general’s office unsettle long standing protections, potentially easing a sale.
MENTIONED IN THIS ARTICLE
New York
Los Angeles
Hershey Co
Mondelez International Inc
Hershey
Mondelez
Pennsylvania
Hershey Trust
Pennsylvania Attorney General’s Office
Kathleen Kane
Joel Glenn Brenner
Also Mentioned on This Page
Midwest
George C. Ford
the Gazette
George.ford
Thegazette
Reuters
Wall Street
Travel
North Dakota
University of Nebraska-Omaha
Louis Smith
FAPA
Aero
Tinir
Hershey’s
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