RSS
 

Archive for the ‘Entrepreneur’ Category

U.S. Proposes Immigration Rule Aimed at Entrepreneurs

27 Aug

The proposal, which doesn’t require congressional approval, would grant temporary entry for up to five years to people building start-ups in the U.S.

Powered by WPeMatico

 
Comments Off

Posted in Entrepreneur

 

Fed's Yellen says case for interest rate hike has strengthened

26 Aug

Federal Reserve Chair Janet Yellen attends a news conference after chairing the second day of a two-day meeting of the Federal Open Market Committee to set interest rates in WashingtonThe case for raising U.S. interest rates has strengthened in recent months because of improvements in the labor market and expectations for moderate economic growth, Federal Reserve Chair Janet Yellen said on Friday. The Fed has policy meetings scheduled in September, November and December. “In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months,” Yellen said in prepared remarks.

Powered by WPeMatico

 
Comments Off

Posted in Entrepreneur

 

Private Equity Pursues Profits in Keeping the Elderly at Home

25 Aug

PACE, a Medicare program that helps keep older people in their own homes, is allowing for-profit companies in. Tech and venture capital have expressed interest.

Powered by WPeMatico

 
Comments Off

Posted in Entrepreneur

 

Exclusive: Companies made deals that could run afoul of U.S. whistleblower rules

25 Aug

Men pass a sign at Wells Fargo Center at the Democratic National Convention in PhiladelphiaWells Fargo , Advanced Micro Devices and Fifth Third Bank have in recent years agreed to settlement deals that seek to muzzle former employees in ways that some lawyers said could violate U.S. whistleblower protection laws. Five lawyers, including three who represent whistleblowers, said that the settlements appear aimed at blocking workers from airing their concerns and contain similarities to those used by other companies that ran afoul of government rules. The deals by Wells Fargo, AMD, and Fifth Third Bank were among a dozen such corporate settlements reached between 2012 and 2015 that were reviewed by Reuters.

Powered by WPeMatico

 
Comments Off

Posted in Entrepreneur

 

U.S. existing home sales decline, prices still strong

24 Aug

A single family home is shown under construction by Toll Brothers Inc, the largest U.S. luxury homebuilder, in Carlsbad, CaliforniaU.S. home resales fell more than expected in July after four straight months of strong gains as a lack of inventory limited choice for buyers, but further gains in prices suggested the housing market remained on solid ground. The National Association of Realtors said on Wednesday existing home sales declined 3.2 percent to an annual rate of 5.39 million units last month. “Severely restrained inventory and the tightening grip it’s putting on affordability is the primary culprit for the considerable sales slump throughout much of the country last month,” said Lawrence Yun, the NAR’s chief economist.

Powered by WPeMatico

 
Comments Off

Posted in Entrepreneur

 

Wall Street moves higher, led by tech; Nasdaq hits record

23 Aug

A Wall Street sign outside the New York Stock Exchange(Reuters) – The Nasdaq hit a record intraday high on Tuesday, with the overall gain in U.S. stocks led by technology and financial companies, as investors weighed the prospect of an interest rate hike this year.

Powered by WPeMatico

 
Comments Off

Posted in Entrepreneur

 

Bay Area Start-Ups Find Low-Cost Outposts in Arizona

22 Aug

After struggling with high salaries and soaring housing costs, some Silicon Valley tech companies expanded outward to areas where they could grow quickly and make jobs more appealing.

Powered by WPeMatico

 
Comments Off

Posted in Entrepreneur

 

Wall Street opens lower as oil prices drop

22 Aug

A Wall Street sign outside the New York Stock ExchangeOil prices fell nearly 3 percent as China ramped up exports of refined products, U.S. producers added rigs for an eighth consecutive week, and prospects emerged for increased exports from Iraq and Nigeria. With the earnings season coming to an end, investor focus will shift to Federal Reserve Chair Janet Yellen’s speech on Friday at the annual central bankers’ meeting in Jackson Hole, Wyoming. The case for an imminent rate hike was strengthened by Fed Vice Chairman Stanley Fischer’s comments that the U.S. economy was close to hitting job and inflation targets.

Powered by WPeMatico

 
Comments Off

Posted in Entrepreneur

 

Beyond Coal: Imagining Appalachia’s Future

20 Aug

To offset lost mining jobs, officials, business leaders and environmentalists are setting aside political feuds to try to create an entrepreneurial economy.

Powered by WPeMatico

 
Comments Off

Posted in Entrepreneur

 

Stock rotation to continue as Fed seen open to 2016 hike

20 Aug

A man walks past the Federal Reserve in WashingtonThe rotation to cyclical sectors of the S&P 500 and away from defensive stocks could continue next week if Federal Reserve chair Janet Yellen strikes a tone more welcoming to an interest rate increase later this year. Fed speakers this week, including the influential New York Fed President William Dudley, seemed to blaze the trail for Yellen and her upcoming Friday speech in Jackson Hole, Wyoming as part of a global meeting of central bankers. Dudley said Tuesday the Fed could raise rates as soon as next month, in comments that sent the S&P 500 down, led by sharp drops in telecoms and utilities , both defensive sectors.

Powered by WPeMatico

 
Comments Off

Posted in Entrepreneur