Tag Archives: Americas

(Bloomberg) — A drop below 4,000 index points for the S&P 500 will be a “tipping point,” which could potentially trigger a mass exodus from equities, according to Bank of America Corp. strategists. Most Read from Bloomberg Investors have already started fleeing stocks, with outflows from equity funds over the past three weeks adding up to the worst since March 2020, the strategists led by Michael Hartnett said, citing EPFR Global data. The average S&P 500 entry point for the “huge”… Source link

The trend toward more “nearshoring” to alleviate the global supply chain chaos is not new but is increasingly important, according to Deloitte Vice Chairman of US Industrial Products & Construction Leader Paul Wellener. Nearshoring is “bringing things closer to the marketplace or bringing things back into the US marketplace. And those were trends that were starting well before the pandemic got started and really changed the way we think about supply chains,” Wellener told Yahoo Finance (video… Source link

As the West rolls out more sanctions against Russia for its war in Ukraine, another consumer favorite joins the list: Big Macs. McDonald’s Corporation (MCD) said Tuesday the U.S.-based fast-food giant will temporarily close all restaurants in the country and pause operations in its Russian market, heeding to growing criticism over its silence on the conflict even as other multinational companies have severed ties with the nation. “We serve millions of Russian customers each day who count on… Source link

America’s fast-food giants have a lot on the line amid the escalating situation between Russia, Ukraine and the rest of the world. That’s in large part because Western fast-food players have expanded significantly into Russia with their cheap burgers and fried chicken over the past 20 years. By Yahoo Finance’s calculations, McDonald’s, Papa John’s, KFC, Pizza Hut, Burger King and Starbucks operate about 2,700 restaurants in Russia. The two largest players are McDonald’s and Yum! Brands’ KFC… Source link

Central bank jitters and intensifying geopolitical tensions have pummeled equity markets in recent weeks and sent the S&P 500 into correction territory Tuesday for the first time in two years. But despite a turbulent start to 2022, strong earnings momentum remains a tailwind for stocks. The S&P 500 Index is on pace to beat the consensus estimate for earnings per share at $208 as companies finish logging fourth-quarter results. The figure is 22% higher than the EPS of $170 analysts had… Source link

MONTREAL — LABELIUM AMERICAS HAS BEEN NAMED A 2022 GOOGLE PREMIER PARTNER North American Office of Global Performance & Ecommerce Agency Joins Prestigious Roster of Top Performing Digital Marketing Companies Labelium, the independent global performance agency specializing in e-retail, media and consumer performance, has achieved 2022 Premier Partner status in the Google Partners program, placing the agency’s offices across North… Source link

Amazon founder Jeff Bezos has an interest in bridge infrastructure. The billionaire, currently the world’s second-richest man, will pay the Dutch city of Rotterdam to dismantle and then rebuild part of a historic 95-year-old bridge to allow his new superyacht, the world’s tallest, to pass through it and out to sea. It’s a move that lies in stark contrast with bridge infrastructure in Bezos’s home country: the United States. A new study by the American Road & Transportation Builders… Source link

As the pandemic enters its third year, some of America’s COVID-era shopping habits — including strong demand for tequila and sweatpants — are here to stay. Driving the news: Axios worked with Google Trends and the Schema Design firm to create The New Normal, which analyzes the products Americans have Googled since 2020. Items with a lasting increase in search interest help fill in the details of what our “new normal” looks like. We have had to stock home offices for the long haul, leading… Source link

DUBLIN, Nov. 29, 2021 /PRNewswire/ — The “Managed and Professional Security Services Market in the Americas, Forecast 2025” report has been added to ResearchAndMarkets.com’s offering. Research and Markets Logo The market demand will shift from legacy managed security services, such as managed firewalls, to the new generation of solutions like MDR/XDR and SOC-as-a-service. The analyst predicts that the transition will happen faster in North America than elsewhere in the world. The demand for… Source link

The overdose crisis in the U.S. is continuing to worsen as a result of the coronavirus pandemic.  Drug overdose deaths increased by 30.8% for the 12-month period ending March 2021, according to the latest provisional data from the CDC’s National Center for Health Statistics, with reported numbers reaching a record high of 96,779. The CDC noted that the number is likely an undercount given incomplete data. “By the end of 2020, we knew that the number of overdoses for 2020 were going to be… Source link