ViacomCBS Seen Ending Year With Mixed Q4 Outlook
Wall Street expects ViacomCBS to report mixed results for the fourth quarter with earnings down from a year ago while revenue rises. The release should echo the prior two quarters and focus on Paramount subscriber growth as a key revenue driver.
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New York Fed Reports Manufacturing Index Rise in May
The Federal Reserve Bank of New York releases its latest manufacturing snapshot showing the Empire State Index climbing to 12.3 this month, rebounding from January’s minus 0.7. A reading above zero signals growth, and economists view it as an early gauge of U.S. factory health.
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Stocks slip as U S closes embassy move amid Ukraine tensions
On Monday stocks gave up early gains and closed broadly lower as the United States moved to close its embassy in Ukraine amid rising concerns over thousands of Russian troops massing near the region. Splunk Close:$38.16 A2.88 or 8.2% Illinois based private label foods maker boosts revenue forecast for investors.
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Kansas public defenders seek higher pay to avoid mass misconvictions
Kansas lawyers say millions have been paid to wrongfully convicted defendants and urge funding to hire more experienced staff. The Board of Indigents Defense notes 12 percent turnover in 2021 and wants higher hourly rates from 100 to 120 dollars, plus better pay for part time appointed counsel. Public defenders say vacancies lead to delayed or refused cases and longer travel for assignments across Kansas.
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