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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 07, 2014
Page
11
Microsoft announces free creation and editing in Word Excel and PowerPoint on iPad reversing prior paywall. New strategy under Satya Nadella aims to lock users into Office across devices with iPhone apps and Android tablet tests while Windows 10 readiness looms.
Wendy's reports third quarter revenue of $512.5 million with net income $22.8 million or 6 cents per share. Excluding items, earnings were 8 cents per share, below analysts' 9 cent estimate on $516.3 million revenue. Company sells 12 North American outlets to franchisees as part of re imaging.
Initial unemployment claims dropped to 278000 for the week ending November 1, the four week average at the lowest since April 2000. Productivity grew 2.0 percent in Q3 while compensation per hour rose 2.3 percent, with hourly pay up 3.3 percent from a year earlier, signaling wage acceleration without inflation surges.
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