Market Watch

Conscious leadership aims to bring focus to an ever-chaotic work environment. getty The constant contraction of jobs throughout the tech sector has many inside corporate America anxious over fears that other sectors may befall the untimely conclusion of hiring sprees post-pandemic. LinkedIn’s Workforce Confidence Index , released in late 2022, gathered data from nearly 900 million members to establish a baseline of current employees staring down the barrel of corporate volatility. Over 30% of respondents self-reported anxiety about their job status, fearing impending budget cuts to their respective departments could increase layoffs. Yet, running counter to the decisions of the c-suite are women in the workplace activating choice as a lever for future decisions. Mckinsey’s Women in the Workplace report (2022) found that over the last year, 29% of women have considered taking a less demanding position or leaving their current employer altogether . The convergence of professional, long term and substantive career certainty continues to be influenced by an index of opportunity or lack thereof. The McKinsey report identifies that the “broken rung” has remained unchanged over the last eight years. Compounding pressures between home and work for professional women continue to be negatively impacted by career diversions […]

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South Charleston Police are investigating a robbery at business.(Matt Lackritz) SOUTH CHARLESTON, W.Va. (WSAZ) -South Charleston Police are investigating a robbery at a business. Dispatchers tell WSAZ.com the robbery was reported just after 6:30 p.m. at a business in the 600 block of Short Street. A spokesperson for the South Charleston Police said a suspect brandished a knife at the employee demanding money. Officers said the suspect appeared to be a male wearing a mask. The incident remains under investigation by the South Charleston Police Department. This is a developing story. Keep checking the WSAZ app. Copyright 2023 WSAZ. All rights reserved.

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Century 21 Marathon Real Estate’s new office is located at 77 West Main Street. After a successful seven-year stint running Marathon Real Estate with a virtual office, James Burton has established a more visible presence in town. Burton recently bought a Century 21 franchise and reformed his business as Century 21 Marathon Real Estate. He has opened an office at 77 West Main Street, taking the spot where Dynasty’s dining area had been located. “It was about growth — personally and professionally,” Burton explained. “As a top producer, you sort of top out if you don’t have a brick-and-mortar office, it makes it hard to recruit. So, to transition into more of a managerial role, this is what needed to be done. I needed the back-end corporate support and the brand name and some of the things that Century 21 offers.” The office opened last month, although Burton was still putting the final touches on it as of mid-January and recruiting agents whom he can mentor and develop. Burton said has been working in real estate since 2007, although, “I only started taking it really seriously around 2015 when I became a broker.” Prior to that, after graduating from […]

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Ask any entrepreneur what their most valuable asset is, and ten out of ten will answer the same: time. You can’t buy more of it and try as you might, you can’t squeeze more of it into a day. But you can save time, which is why we’re introducing Entrepreneur Guide , a one-stop shop for all of your business needs. We’ve pulled together this heavily-researched compendium to help you make the best decisions for your personal and business finances. No more hours wasted shopping around — Entrepreneur Guide has expert-vetted and time-tested resources to build and manage your wealth quickly and efficiently. Entrepreneur Guide resources Best banking products : Low-interest loans, money market, checking and savings accounts, bank bonuses, and more Best side hustle ideas : Proven ways to make passive income or run a business during off hours Best mortgages : Most competitive rates to refinance or buy a new property Best investments : Expert guidance on navigating the markets Best loans : Personal loans for business and personal needs Best insurance products : Low-cost coverage for your home and business Daily updated trends and news Information equals power. Beyond tools and money-saving financial products, you will […]

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Jan 23 (Reuters) – The likelihood that the United States is already in recession or will fall into one this year has dropped over the past three months to 56% from a nearly two-thirds possibility, according to a survey on business conditions released on Monday. Approximately 53% of those polled by the National Association of Business Economics (NABE) said they had a more than-even expectation the United States would enter a recession over the next 12 months, while 3% indicated they thought the country was already in one. In the NABE’s previous poll released in October, 64% of respondents indicated that the U.S. economy was either already in a recession or had a more-than-even likelihood of entering one in the next 12 months. A total of 60 NABE members who work for private-sector firms or industry trade associations responded to the latest survey, which was conducted from Jan. 4-11. The poll also showed respondents expected inflation to ease within their companies and industries, with a forward-looking gauge for prices charged falling by 10 percentage points since the last survey to the lowest reading since October 2020. Latest Updates The Federal Reserve is expected to raise interest rates by a […]

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U of Chicago tied for first place in the ‘U.S. News’ rankings of M.B.A. programs this year. (U of Chicago) The decision by some top law schools to exit the U.S. News & World Report rankings hasn’t led to anything similar among business schools (yet), but if it did, many admissions officers would welcome it, according to Manhattan Prep/Kaplan’s 2022 business school admissions officers survey. Among the admissions officers surveyed at 117 full-time M.B.A. programs across the United States, 37 percent believe that “business school rankings have lost some of their prestige over the last couple of years,” and 29 percent disagree with that point of view; the remaining 34 percent didn’t express one view or the other. Additionally, 34 percent of business school admissions officers “think it would be a positive development, for both business schools and applicants, for business school rankings to no longer exist,” while 30 percent disagree; the remaining 36 percent didn’t express one view or the other. These evolving views on the rankings come at a time of significant change in the M.B.A. admissions landscape, with business schools looking for ways to boost their application numbers and many continuing to remain test optional, a […]

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The logo of carmaker Volkswagen Commercial Vehicles is pictured at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer HAMBURG, Jan 23 (Reuters) – Volkswagen’s (VOWG_p.DE) energy and charging division is keeping all options open for the long-term structure of the business, including a possible listing, the division’s chief Elke Temme said in an interview with Reuters. The division, like all the carmaker’s unlisted brands and its battery business PowerCo, is going through the motions of preparing for a listing as a training exercise instituted by Chief Executive Oliver Blume after the carmaker listed sportscar brand Porsche (P911_p.DE) last year. The results of these exercises, which Volkswagen has dubbed ‘virtual equity stories’, will be presented internally on Thursday, an source who declined to be named told Reuters, with a view to sharing them externally at a capital markets day later this year. Temme, a former RWE executive who has led the carmaker’s energy business, said electric cars could help stabilise the large price swings in the electricity market by acting as temporary storage for the overcapacity of green electricity on the grid – known […]

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Ben Doltis PCB Partners When Ben Doltis sold both his executive search companies to the ManpowerGroup in 2013, he realized he could take the principles of successful headhunting and apply them to an entirely different business – a mergers and acquisitions advisory firm. In general, companies that are looking to hire new employees only have access to those people who are looking for a job. However, successful headhunters know that the best candidates are often the ones who haven’t even thought about leaving their current position and make it their job to seek them out and persuade them to move. In precisely the same way, Doltis’s latest business, PCB Partners , finds successful companies whose owners haven’t even considered an exit. “Some people put a big ‘For Sale’ sign over their business, which is fine, but often results in loads of companies bidding for them and often a sale at a silly multiple,” he says. “PCB Partners doesn’t touch these businesses. We talk to the ones who haven’t thought about selling. And if it’s the right thing for both them and our clients, we influence and negotiate a sale.” Founded in 2018, PCB Partners provides buy-side and sell-side services […]

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Peter November will take over as Ochsner CEO on Nov. 1, 2022. Provided photo In the 10 years that Pete November served as chief financial officer of Ochsner Health, he was at the side of then-CEO Warner Thomas, helping negotiate a series of acquisitions and partnerships that expanded the health system’s footprint from eight hospitals and 38 clinics in 2012 to 48 hospitals and over 300 clinics today. Now, November is in the driver’s seat. He was tapped late last year to succeed Thomas, who stepped down to lead California-based Sutter Health System. As he settles into his new role, November is trying to manage Ochsner’s growth while keeping a lid on rising health care costs, addressing worker shortages and continuing to develop wellness and other care facilities around the Gulf South. This interview has been edited for clarity and length. It’s only been a couple of months since you took over as CEO, but do you have any more specifics on new developments, growth plans, that you will be leading in the year ahead? We are always looking at different opportunities to increase the number of patients in the markets we’re in, but I am really focused on […]

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Ulysses Youngblood (right), president and co-founder of Worcester dispensary Major Bloom, pictured with co-founder and former CEO Laury Lucien, sees the price drop across the cannabis industry as a benefit to his customers. More than four years have passed since the first legal cannabis dispensaries opened in Massachusetts, and in the 52 months since the first dispensaries opened, 270 have opened their doors with another 200 in various stages of the licensing process. A new dispensary here. Another grow facility there. Now Rhode Island, Connecticut, New York, and New Jersey have legalized pot. Everyone is getting in on the act. No one wants to be left behind. Competition is rising. The first pot shop in the state closed in Northampton in December while prices have hit a historic lows. Since the first dispensaries opened in November 2018, total adult-use sales are nearing $4 billion across the Massachusetts. Prices in November reached $228.88 per ounce, their lowest point since April 2020, when the economic fallout from the initial stages of the COVID pandemic hit prices everywhere. November’s price was a 39% decrease over the previous year. At the same time, more plants are being harvested than ever across the state, […]

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