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The consumer is strong, but weakening: Cantor's Eric Johnson
  + stars: | 2024-04-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe consumer is strong, but weakening: Cantor's Eric JohnsonCantor's Eric Johnson, Payne Capital's Courtney Garcia and Invesco's Brian Levitt, join 'Closing Bell' to discuss markets, PCE, potential for rate cuts, and the state of the consumer.
Persons: Eric Johnson Cantor's Eric Johnson, Payne Capital's Courtney Garcia, Invesco's Brian Levitt
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Cantor’s Eric Johnson, Payne’s Courtney Garcia and Invesco’s Brian LevittCantor's Eric Johnson, Payne Capital's Courtney Garcia and Invesco's Brian Levitt, join 'Closing Bell' to discuss markets, PCE, potential for rate cuts, and the state of the consumer.
Persons: Cantor’s Eric Johnson, Payne’s Courtney Garcia, Invesco’s Brian Levitt, Eric Johnson, Payne Capital's Courtney Garcia, Invesco's Brian Levitt
Almost 80% of Singaporeans are optimistic about the economy, according to SurveyMonkey's 2024 poll. Damircudic | E+ | Getty ImagesMajority of the residents in Singapore are bullish about where the economy is headed and confident that the government will be able to support them during their retirement. The results in Singapore buck the global trend, where less than half the adults polled are positive about where their economy is going. The survey gathered results from over 4,300 adults living across Australia, France, Germany, Mexico, Singapore, Spain, Switzerland, the United Kingdom and the United States between March 8 and 25. That's despite predictions by the International Monetary Fund that the global economy is approaching a "soft landing" and that inflation is slowly moderating.
Persons: SurveyMonkey, Eric Johnson, joblessness Organizations: Getty, CNBC, International Financial Security, International Monetary Fund, United Locations: Singapore, Mexico, U.S, Australia, Germany, France, Spain, Switzerland, United Kingdom, United States, States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMajority of people polled worried about their finances, SurveyMonkey CEO saysEric Johnson, CEO of SurveyMonkey, discusses the International Your Money Financial Security Survey.
Persons: Eric Johnson Organizations: Financial Security Survey
He cited relatively affordable homes and a free, clean, high-quality life as two of Texas' draws. Dallas Mayor Eric Johnson told Business Insider at the World Economic Forum in Davos, Switzerland, that two things consistently attract Americans to move to the state. "The housing market in Dallas is very affordable to Californians and New Yorkers," Johnson said. Johnson reminded BI that all housing costs are relative: "When you're talking about 'it's expensive to live in Dallas,' you're comparing Dallas to the Dallas of yesteryear." AdvertisementHe said Dallas residents have benefited from investments in the police department as well as infrastructure including new sidewalks and smooth streets.
Persons: Dallas Mayor Eric Johnson crowed, , Dallas Mayor Eric Johnson, Johnson, They're, Gen Zers, Pengyu Cheng, Cheng, Dallas, Dallas —, it's Organizations: Dallas Mayor, Service, Economic, Democratic, Republican, Community Survey, University of Minnesota's, Dallas Locations: Texas, Davos, Florida, Switzerland, California, New York . Texas, Dallas, San Francisco, Austin, yesteryear
TOKYO, Nov 6 (Reuters) - Japanese chip materials maker JSR Corp (4185.T) on Monday slashed its operating profit forecast for the current financial year by 62%, citing a weak recovery in demand for semiconductors and a slowdown in the biotech market. Investors are debating the recovery path for the chip industry which has been hit by a slowdown in demand for electronics such as smartphones and PCs. "We had projected an upturn in the second half of the year and as we've highlighted here we're no longer expecting that upturn," JSR CEO Eric Johnson told a news conference. Operating profit was 3.4 billion yen in the second quarter, following a loss of 6.1 billion yen three months earlier. A leading maker of photoresists used in chip making, JSR said sales for cutting edge extreme ultraviolet (EUV) lithography grew 15% year-on-year in the April-September period.
Persons: Eric Johnson, photoresists, Johnson, Sam Nussey, Miho Uranaka, Kim Coghill, Miral Organizations: JSR, Samsung Electronics, Japan Investment Corp, Thomson Locations: TOKYO, KS
Eric Johnson, the mayor of Dallas, has left the Democratic Party and joined the GOP. Johnson, in a WSJ op-ed, called out Democrats for what he said was their "virtue signaling" on issues. The party switch gives Republicans a major foothold in one of the country's most populous cities. AdvertisementAdvertisement"In other words, American cities need Republicans — and Republicans need American cities," he continued. "Mayors across the country, Democratic mayors, we are the boots on the ground.
Persons: Eric Johnson, Johnson, Dallas Mayor Eric Johnson, Johnson —, , Republicans —, Theodore Roosevelt, Rudy Giuliani, Richard Riordan, he'll, Ken Paxton, Matt Rinaldi, Sylvester Turner, Turner Organizations: Democratic Party, GOP, Service, Republicans, Dallas Mayor, Wall, Republican Party, The Dallas mayoralty, Democratic, Texas, Representatives, Texas Republican, Houston, New York Times Locations: Dallas, Wall, Silicon, America's, America, New York, Los Angeles
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/americas-cities-need-republicans-and-im-becoming-one-dallas-texas-mayor-965dbaa4
Persons: Dow Jones Locations: americas, dallas - texas
"When we're 50% foreign owned that gives people pause within Japan," Johnson said in an interview. Companies often view the presence of an activist investor as a challenge to their strategy or a factor that could delay execution of their plans. The activist investor previously praised JSR's "fact-based decision making" and said it supports the sale to JIC. "But that doesn't contribute to the Japanese semiconductor materials industry overall," he said. "I don't think they're being imaginative enough ... there's a wide range of materials expertise in Japan," Johnson said.
Persons: Eric Johnson, Johnson, ValueAct, JSR's, Atsushi Ikeda, Goldman Sachs, Ikeda, Yuta, JSR, Sam Nussey, Miho Uranaka, Makiko Yamazaki, Svea Herbst, Bayliss, Stephen Coates Organizations: JSR, Japan Investment Corp, Samsung, Intel, ValueAct, Companies, Citigroup, Svea, Thomson Locations: TOKYO, American, Japan, there's
HONG KONG, June 27 (Reuters Breakingviews) - A government-led buyout signals more uncertainty ahead for a chip industry grappling with oversupply and geopolitics. The state-backed Japan Investment Corp will take over JSR (4185.T), which makes light-sensitive chemicals vital to manufacturing semiconductors, among other things. In recent years, the conglomerate has pivoted from a low-margin business of selling synthetic rubber used to make tyres to focus on semiconductor materials - primarily photoresists - and biopharmaceuticals. Yet JIC's mandate to boost the country’s global competitiveness and its focus on consolidating industries helps to justify the hefty premium. Either way, the government's focus on elevating national chipmaking champions creates fresh uncertainty for JSR's foreign customers like South Korea's Samsung Electronics (005930.KS) and Taiwan Semiconductor Manufacturing (2330.TW).
Persons: Sharp, Eric Johnson, Una Galani, Thomas Shum Organizations: Reuters, Japan Investment Corp, Renesas Electronics, chipmakers, Samsung Electronics, Taiwan Semiconductor Manufacturing, Japan Investment Corporation, Mizuho Bank, Development Bank of Japan, Thomson Locations: HONG KONG, Tokyo, Taiwan, Japan, United States, South Korea, South
Dave Clark is now sole CEO at Flexport after previously sharing the job with founder Ryan Petersen. The Amazon veteran said an "overwhelming majority" of work at firms like Flexport can be automated. Striving for automation is common among tech-focused logistics companies, but few have delivered. The goal of automating most of the coordination — like sending emails — in the freight industry is common among venture-backed logistics technology companies. AAutomation-driven logistics technology is still receiving attention from investors despite overall trade volume and venture investment cooling.
Boeing orders, deliveries rise in September
  + stars: | 2022-10-11 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
REUTERS/Eric Johnson/File PhotoWASHINGTON, Oct 11 (Reuters) - Boeing Co (BA.N) said Tuesday deliveries rose in September to 51 airplanes, while orders rose by 90 as the planemaker continues to see strong demand for new aircraft. Boeing deliveries last month tied its 51 deliveries in June, when it exceeded the 50-plane threshold for the first time since March 2019. In August, Boeing deliveries rose to 35 airplanes after it resumed handovers of its 787 Dreamliner after a 15-month delay. Register now for FREE unlimited access to Reuters.com RegisterLast month, Boeing had 51 new 737 MAX airplane orders and 45 widebody airplanes, including 14 777s. In September, Boeing delivered 14 widebody planes, including 7 787s, including three 787-8s to American Airlines (AAL.O).
More youthful representation would better serve the country, young members of Congress say. But members of Congress, political scientists, and strategists generally don't blame age for these downfalls — leaders both young and old are prone to controversy. Rep. Alexandria Ocasio-Cortez made history in 2019 as the youngest woman ever elected to Congress, at 29. "I was always accustomed to being the youngest," Schatz told Insider at the Capitol. The nation needs "more principled members of Congress," Republican Rep. Lauren Boebert of Colorado, 35, told Insider, adding: "It doesn't matter their age."
Farmaceuticals: Vets face pressures to prescribe
  + stars: | 2014-09-15 | by ( Brian Grow | Reuters Graphic | ) www.reuters.com   time to read: +29 min
The feed tickets examined represent a fraction of the tens of thousands issued annually to poultry farms run by or for major producers. Some of its feed has contained low levels of one antibiotic, feed tickets show. REUTERS/Randall Hill MODERN BARN: Nearly 20,000 broiler chicks are housed inside a Foster Farms chicken ranch in Stanislaus County, California. As the CDC studied what investigators informally called the “Foster Farms Outbreak,” researchers soon made a troubling discovery. Reuters asked to see Foster Farms’ feed tickets from that period; the company didn’t respond to that request.
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