August Jobs Report Shows Slower Growth Trimming Fed Hopes
U S nonfarm payrolls rose 151000 in August versus 270000 expected, unemployment steady at 4 9 percent. Manufacturing and construction added fewer jobs while wage gains cooled signaling mixed signals for a September rate move. Fed policy rhetoric suggests potential December lift amid cautious optimism.
MENTIONED IN THIS ARTICLE
U.S
Federal Reserve
Labor Department
Fed
Mohamed el-Erian
Allianz
Newport Beach
Calif
Reuters
Janet Yellen
Eyefluence eyes to drive next VR interface
Eyefluence led by Jim Marggraff develops eye tracking that acts as a cursor and lets users click zoom and pan by looking and then tapping. The system aims to ease VR nausea and improve security while appealing to headset makers and investors including Motorola Solutions and X Prize founder Diamandis.
MENTIONED IN THIS ARTICLE
Bloomberg
Capcom Co
Osaka
Japan
Eyefluence
Milpitas
Calif
Jim Marggraff
Margeroff
Motorola Solutions
X Prize Foundation
Peter Diamandis
Facebook
Mark Zuckerberg
SensoMotoric Instruments
Tobii
Eye Tribe
Foe
Diamandis
Mall owners win Aeropostale auction keep 229 stores
A consortium led by Simon Property Group and General Growth Properties wins the Aeropostale auction to keep 229 stores open and maintain the online and licensing arm. A Manhattan bankruptcy judge must approve the deal at a Sept 12 hearing. Sycamore Partners welcomes the outcome, noting debt repayment and job preservation. Aeropostale operates stores in Coral Ridge Mall, Jordan Creek Town Center, and Lindale Mall.
MENTIONED IN THIS ARTICLE
Simon Property Group
General Growth Properties
Aeropostale Inc
Manhattan
Aeropostale
Sycamore Partners
Sycamore
Coral Ridge Mall
Coralville
Jordan Creek Town Center
West Des Moines
Lindale Mall
Cedar Rapids
Regional approach fuels MSP development says Brown
Mike Brown of Greater MSP cites a regional strategy as key to attracting jobs and investment in the Minneapolis Saint Paul area. He notes the initiative, 13 counties and a $200 billion economy, aims to tell a united regional story and foster cross sector networks. Networking and the B380 Excellence Awards dinner follow with tickets at $50.
MENTIONED IN THIS ARTICLE
Mike Brown
Minneapolis-St. Paul
Brown
Greater Msp
Minneapolis-Saint Paul
Kirkwood Center
Minneapolis
Eagan
St. Paul
MSP
Thegazette.com
Also Mentioned on This Page
Jason Celeste
Insight Investment
New York
LeapPad
George C. Ford
the Gazette
George
Ford
Thegazette
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