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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jan 05, 2022
Page
8
ADP reports private U.S. companies added about 402,000 new hires in December, down from roughly 534,000 in November. The monthly snapshot precedes the Labor Department’s broader nonfarm payrolls report due Friday.
IHS Markit releases its monthly services PMI from surveys of hotel and restaurant operators financial services communications and transport firms with economists forecasting a 57.5 reading for December. If met the figure would mark a second straight monthly decline while readings above 50 indicate expansion.
Quotable remarks from law professor Carl Tobias on ethical shifts amid Elizabeth Holmes conviction. The AP notes Holmes was found guilty of duping investors about a revolutionary medical device while commodity contract figures update.
More than 200 local health professionals urged Johnson County commissioners and districts to keep a mask rule, citing rising cases. The University of Kansas Health System reports 120 COVID-19 inpatients, up from 40 in December, with 15 unvaccinated patients on ventilators. Dr. Steve Stites warns disruption if many students or teachers stay out.
Judge non affiliated to the cases would mediate between Polk and the state at the request of Polk and with the approval of Polk's court appointed attorney and the Douglas County DA office. The court began offering mediation in August as another path to resolve criminal matters. If no agreement is reached the case could proceed to trial with both sides having made their best effort. Polk's coercion to self representation was not ruled on as mediation was pursued. Polk faces multiple off grid felonies with potential life sentences and is held on bonds totaling $550000. He is scheduled for Jan 19 court appearance.
A downbeat tech sector pulled the S&P 500 slightly lower on Tuesday while the Dow Jones reached another record. The Nasdaq composite eased after a choppy session. Health Care Life Storage ASGN rose with a 16 percent dividend increase. Best Buy rallied 3 percent on news of a new advertising venture.
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