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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Sep 04, 2021
Page
8
Analysts forecast Dave & Buster's Entertainment will report a return to profit in its fiscal second quarter with higher revenue. The quarter follows a four straight loss stretch and benefits from eased pandemic restrictions boosting business, echoing February-April results.
The delta variant has driven a larger hit to employment than anticipated, intensifying concerns about hiring pace and economic recovery. Businesses report slower job growth and several sectors face ongoing labor shortages, signaling uneven improvement ahead.
Major indexes closed mostly lower on Friday with financials and utilities dragging the S&P 500 while a Tech rally supported the Nasdaq to an all time high. Broadgain in semiconductors lifted AVGC even as health care and energy markets fell. A Labor Day break will pause trading on Monday.
CoreCivic presses for government action to keep the Leavenworth facility open via renewed U S Marshals Service contract or new agreement. The county rejected the proposal while critics urge White House action on private detention, citing dangerous conditions and rights violations. The Leavenworth center houses federal detainees and has seen lockdowns, assaults, and staffing concerns.
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