Tag Archives: turning

A 15-year problem that has plagued corporate America is finally turning around

A 15-year problem that has plagued corporate America is finally turning around

American workers are becoming more productive. Recent analysis from Bank of America showed the average revenue per worker for companies in the S&P 500 hit an all-time high in February after 15 years of no gains. This is one of several signs that labor productivity is rebounding after slumping during 2022. Some on Wall Street think the developments in labor productivity could help the stock market survive stickier-than-expected inflation that has emerged as a concern in recent weeks. “If… Source link

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Google is increasingly turning to resellers as it conducts the largest round of layoffs in its history

Google is increasingly turning to resellers as it conducts the largest round of layoffs in its history

Alphabet today has confirmed that it plans to cut 12,000 jobs, reportedly the largest round of layoffs in its history, a development that comes as advertisers note a gradual shift in how Google deals with its largest paying customers. The Google parent company ended weeks of speculation with confirmation of the job losses, amounting to 6% of its workforce, implemented to deal with the “economic reality… we face today,” according to Alphabet CEO Sundar Pichai. In a blog post, he… Source link

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Home builder confidence rises for first time in a year as housing market hits ‘a turning point’

Home builder confidence rises for first time in a year as housing market hits ‘a turning point’

Confidence among U.S. single-family home builders rose in January for the first time in a year, ending a 12-month stretch of declines and potentially signaling a turning point in the housing market. The National Association of Home Builders/Wells Fargo’s gauge of builder sentiment increased 4 points this month to 35, figures released Wednesday showed. Still, any figure below 50 is considered negative. “Probably past the worst, but a sustained improvement will have to wait,” Kieran Clancy,… Source link

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Will Levis stumbles on big stage, Lane Kiffin trolls Jimbo Fisher, Drake Maye turning into a star

Will Levis stumbles on big stage, Lane Kiffin trolls Jimbo Fisher, Drake Maye turning into a star

There are so many games over the course of a college football weekend that some slip through the cracks and others require further examination the next day. Before we turn the page to Week 10, here’s a closer look at some of the most interesting outcomes of Week 9. Kentucky’s loss to Tennessee on Saturday was miserable for the Wildcats. The UK offense couldn’t do anything and the offense’s 205 yards highlighted an alarming trend in big games. Kentucky QB Will Levis has been hailed by… Source link

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Dodgers closer Craig Kimbrel’s season is turning around with ‘Let It Go’ as his walk-up music

Dodgers closer Craig Kimbrel’s season is turning around with ‘Let It Go’ as his walk-up music

Midway through last month, Los Angeles Dodgers closer Craig Kimbrel was in the middle of one of the worst seasons of his career. Once the most feared reliever in baseball, Kimbrel’s name was only feared at Dodger Stadium, which regularly jeered his name. By Aug. 21, he had seen his ERA climb to 4.46 and hadn’t successfully protected a one-run lead until four days earlier. The Dodgers kept him on as their closer, but that spoke more of their injury woes and continued success than any… Source link

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China box office ‘close to turning point,’ emphasizes ‘the movies are back’

China box office ‘close to turning point,’ emphasizes ‘the movies are back’

On the heels of IMAX’s (IMAX) strong second quarter earnings report, CEO Richard Gelfond is more than confident that the movies are back in business. “It’s not just that the movies are back — they’re back for different age groups,” Gelfond told Yahoo Finance Live in a new interview, referencing the wide variety of available content. “Doctor Strange in the Multiverse of Madness,” “Top Gun: Maverick” and “Jurassic World: Dominion” helped lift overall box office performance in the second… Source link

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Opinion: Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Opinion: Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once an online session. After an ignominious slide, however, Yahoo is just another site that has some fans in certain parts of Asia and offers some niche products. Has Mark Zuckerberg launched Facebook on a similar path? That is the big question investors need to start asking as the Meta Platforms Inc. META,

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Amundi Turning Bullish on China Stocks, Still Cautious on Tech

Amundi Turning Bullish on China Stocks, Still Cautious on Tech

(Bloomberg) — Investors should be ready for China’s stocks to outperform as potential positive catalysts loom, according to Europe’s largest asset manager Amundi SA. Most Read from Bloomberg The firm is turning more bullish on the country’s equities market after trimming exposure during the first quarter’s harsh selloff, according to Vincent Mortier, Amundi’s chief investment officer. Key developments to watch include the potential rollout of a homegrown mRNA Covid-19 vaccine and… Source link

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