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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Oct 05, 2021
Page
8
The Commerce Department releases a new snapshot showing the nation's trade gap narrowing slightly as imports and exports shift positions. Analysts note ongoing deficits in goods but improving services trade and mixed signals for future months.
Wall Street forecasts PepsiCo will report third quarter earnings and revenue higher than a year earlier, echoing first half results. The company has expanded offerings with healthier snacks and zero calorie beverages.
The IHS Markit services index tracks monthly surveys across hotel and restaurant operators financial services communications and transportation firms Reading is forecast at 54 4 down from 59 4 after a May peak of 70 4 Readings above 50 mean expansion indicating cooling services activity in September.
A commentator laments the widespread fear of vaccines and notes many will try almost anything, including veterinary medicines, to improve health. The quote captures distrust and the allure of unproven cures amid public concern.
Electric vehicle maker reports third quarter deliveries of 781.53 thousand units with a 46.31 thousand increase from prior period, equivalent to about 0.8 percent. The results top Wall Street forecasts, signaling steady demand and improving supply chain performance.
Canberra reports that international travelers will not be welcomed back until next year as skilled migrants and students receive higher priority. Prime Minister Scott Morrison said vaccination benchmarks reached could allow openings, with 80 percent of residents 16 and older fully inoculated.
A federal jury in Los Angeles awarded 6.3 million to actress Shannen Doherty after finding State Farm failed to pay adequate benefits for damages to her Malibu home from a 2018 California wildfire. The verdict covers home damages, emotional distress, and attorney fees amid Doherty's ongoing health battle and displacement. State Farm indicated it would appeal.
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