The Ticker

U.S. economy grew at 
2.5 percent rate in spring

The U.S. economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated. The steep revision was largely because U.S. companies exported more goods and imports declined.

The Commerce Department said second-quarter growth was sharply higher than the initial 1.7 percent rate it reported last month. And the growth this spring was more than double the 1.1 percent rate from January through March.

Nasdaq takes some blame for 
last week's 3-hour breakdown

A three-hour trading outage on the Nasdaq last week was partly the result of issues within the company's control, the Nasdaq OMX Group said yesterday.

In a statement, the company detailed some of its early findings from an internal review. Nasdaq blamed "a confluence of unprecedented events" that overwhelmed the exchange's system for handling price information. It said the catalyst was a torrent of messages from a trading platform run by the New York Stock Exchange, Arca.

J&J launches new bottle cap to help curb Tylenol overdoses

Bottles of Tylenol sold in the U.S. will soon bear red warnings alerting users to the potentially fatal risks of taking too much of the popular pain reliever. The unusual step, disclosed by Johnson & Johnson, the company that makes Tylenol, comes amid a growing number of lawsuits and pressure from the federal government that could have widespread ramifications for a medicine taken by millions of people every day.

TODAY

• Commerce Department releases personal income and spending for July.
• Japan releases economic data for July.

THE SHUFFLE

• BankFive announced the election of Alicia O. Ambrose, left, as vice president, commercial lender. Ambrose has more than 25 years of banking experience in commercial lending and credit administration, holding positions in commercial lending and credit administration with banking institutions including Bank of America, First Trade Union Bank and Freedom National Bank.
• Shawmut Design and Construction announced Thomas Munson has been hired as assistant project manager in its West Springfield office. Munson was previously employed at Whiting Turner Contracting Co. as project engineer, where he worked with clients including United Illuminating Co. and King Low Heywood Thomas School.

Anda sedang membaca artikel tentang

The Ticker

Dengan url

http://wartawanlocal.blogspot.com/2013/08/the-ticker_31.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

The Ticker

namun jangan lupa untuk meletakkan link

The Ticker

sebagai sumbernya