Category: Business News

US added 339,000 jobs last month, far more than expected

The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool.

Friday’s report from the government showed that the unemployment rate rose to 3.7 per cent, from a five-decade low of 3.4 per cent in April.

The stronger hiring demonstrates the job market’s resilience after more than a year of rapid interest rates increased by the Fed. Many industries, from construction to restaurants to health care, are still adding jobs to keep up with consumer demand and restore

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How Can You Protect Your Children?

Many of our estate planning clients have children and want to protect their children.

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While concerns vary, protecting children is a huge part of estate planning.

When parents have minor children, estate planning is essential. It allows parents to pick guardians for their children. This will ensure that they have peace of mind knowing who will care for their minor children.

This will also prevent court fights over guardianship.

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Pleasant Places grows without outgrowing family culture > Charleston Business Journal

Pleasant Places Landscaping has been taking care of the grounds around Lowcountry homes and businesses since 1984.

Customer service, community at the forefront of Artigues’ family-owned business since 1984

Guy Artigues started Pleasant Places Landscaping in 1984 with just his old pickup truck, a trailer, a lawn mower, and an intense work ethic.

Thirty-six years later, his company employs some 220-250 people and does more than $20 million in business each year in the tri-county area. Pleasant Places handles virtually all aspects of commercial landscape construction projects and maintenance, including design, installation, lighting and hardscape. The company’s work can be seen all over the Charleston area, including Marion Square, Kiawah Island, MUSC, College of Charleston, Daniel

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Air Canada briefly grounds flights due to computer system problem – Business News

Glitch grounds flights

The Canadian Press – | Stories: 428570

Air Canada briefly grounded its planes Thursday due to a problem with its computer system.

The airline says a technical issue with the system it uses to transmit messages to aircraft and monitor their performance, prompted a halt to operations.

Airline spokesman Peter Fitzpatrick said the temporary order was precautionary, and that the system is returning to normal.

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CPP Investments reports 1.3% return for latest fiscal year – Business News

CPP investments earn 1.3%

The Canadian Press – | Stories: 428311

The Canada Pension Plan Investment Board earned a net return of 1.3 per cent in its most recent fiscal year as inflation and rising interest rates weighed on both stock and fixed-income markets.

The board says the investment gains combined with net transfers from the Canada Pension Plan brought its net assets to $570 billion on March 31, up from $539 billion a year earlier.

CPP Investments says the increase included $8 billion in net income and $23 billion

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Are You Prepared for an Audit?

The Federal Government is constantly auditing healthcare entities. A recent Michigan settlement resulted in prison time and a hefty repayment for violations of the False Claims Act.

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If your compliance plan needs to be updated, now is the time.

You want to make sure that your practice is protected so that you are not faced with a similar situation as a vascular surgeon from Bay City, Michigan.

A vascular surgeon …

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Morning Business Report: There is a new debt ceiling agreement, now lawmakers must decide if they support it – 41NBC News

A deal proposed to lift the federal debt limit would have only a small cooling effect on the US economy and high inflation, according to economists. It does little to reduce government spending that grew rapidly during the Covid-19 pandemic and its aftermath. There’s one particular component of the deal that could ding the economy this fall. Student loan repayments and interest accruals will restart by the end of August.

The Denver Nuggets are in the NBA finals for the first time in franchise history. The Denver Nuggets will face off with the Miami Meat for the NBA championship. The

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Netflix to start charging US customers an extra $8 for sharing accounts outside the house

Netflix on Tuesday outlines how it intends to crack down on the rampant sharing of account passwords in the US, its latest bid to reel in more subscribers to its video streaming service amid a slowdown in growth.

In an email to its 70 million US customers on Tuesday, Netflix said it would limit viewing of its programming to people living in the same household. Those who subscribe to Netflix’s standard or premium plans — which cost $15.50 US to $20 US per month — will be able to allow another person living outside their household to use their password

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