More than half of the companies reported so far cited a strong greenback as a headwind to their business in the second quarter, according to FactSet.
Levi Strauss and Helen of Troy are among the companies that sounded alarms on the "unfavorable currency impact."The second-quarter earnings season kicks into full gear this week, but a trend is already emerging with the companies that have reported so far. The strong dollar is eating away at company profits.
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Why nearly half of San Francisco Bay Area residents plan to leaveLack of housing and egregious commutes are forcing San Francisco Bay residents out of their homes and seeking states with lower taxes, according to the San Francisco Business Times. Good. I’m thinking about moving back. Build a Wall! We need to keep these people from infecting the rest of the country! You mean crapping in the streets isn’t enough to justify the high taxes, high property taxes, growing homeless population and used needles on the streets?
Source: CNBC - 🏆 12. / 72 Read more »
Half a million people pledge to storm Area 51 to 'see them aliens'Nearly half a million believers have declared they're rushing Area 51 to 'see them aliens.' No way. half a million people the planet doesn't need anymore. People are losing their mind better get the SPACE FORCES
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Procter & Gamble Vows to Donate Over Half a Mil to USWNT for Equal PayP&G -- through Secret deodorant -- promises to give the U.S. Women's Soccer team a half a million dollar raise. Waste of money... They should donate to real heroes like our veterans! I feel like this country is turning into the upside down! Only $500,000?
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South Korea imports no oil from Iran in June; first-half imports fall 37%South Korea imported no crude oil from Iran for a second month in June following...
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About half of China's loans to developing countries are 'hidden,' study findsChina's lending to other countries has surged in the past decade, causing debt levels to jump dramatically, and as much as half of such debt to developing economies is 'hidden,' a new study has found. About everything in China is a black box. China is loaning money from its state-owned banks to its state-owned construction companies and telling ThirdWorldCountries they own them land, ports, oil, etc. when they can't payback money given to these Chinese companies Is this the great Globalisation you're looking for?
Source: CNBC - 🏆 12. / 72 Read more »
China's first-half pork output falls amid disease outbreakChina's pork output fell by less than expected in the first half as the cou... And the Chinese government blocking the importation of the Canadian pork. Go figure. Haha 我现在改吃鱼🐟了。
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