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January Sees 467,000 New Jobs, Stable Unemployment Rate

CFO News Room

Growth in employment continued in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing. The number of unemployed persons, at 6.5 The number of long-term unemployed (people who have been jobless for 27 weeks or more) declined to 1.7 represented a slight increase of 0.1

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2020 global corporate defaults surpass 2019 full-year total

Future CFO

The number of defaults registered in the first five months of 2020 has already exceeded the 2019 full-year number, said Fitch Ratings recently. . All defaulters had speculative-grade issuer default ratings (IDR) at the beginning of 2020, with the vast majority concentrated in the 'CCC'-'C' range, according to the company.

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A day in the Life: Reynaldo Abilo from Shell Pilipinas

Future CFO

By working in Shell, I get to be part of powering progress here in the Philippines by providing secure energy needed for transport, businesses, and homes. You measure your success based on your individual achievement—the number of strokes it takes you to complete a hole—regardless of what the other players are doing.

Finance 52
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Cyberattacks, Google Crash Bring Internet Security Into Question

PYMNTS

Whether it's the power grid, banking and financial markets, transportation, communications or even the highly generalized “internet of things,” the list of digital inroads that penetrate our daily lives has never been higher.

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Does Ridesharing Help Minority And Low-Income Consumers?

PYMNTS

This newest study, a dissertation from the UCLA Institute for Transportation Studies , did, indeed, find that many ridesharing customers hail from “ wealthier neighborhoods ,” according to a summary. The new study, though, which focused on L.A. The new UCLA study underscored the appeal of ridesharing to consumers who own no cars or trucks.

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Postmates Says It’s Generated $1.2B In Economic Activity

PYMNTS

By the numbers, businesses who used Postmates reported growing 3.7 and similarly in Canada, is where these services have grown the fastest,” said Foster Finley, global co-head of transportation and infrastructure practice at consulting firm AlixPartners. According to the survey, those couriers earned about $216.8

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The Warehouse Building Rush Brought By eCommerce

PYMNTS

“We conducted an exhaustive search across three states for the right location that would best enable us to meet this growing demand for our services … The Northeast region is a busy transportation corridor because of its population density and high concentration of businesses, and that trend is projected to continue.”.