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Pools Close, Go Without Lifeguards Amid Labor Shortage

INDIANAPOLIS — Manager Ashley Ford strode the perimeter of one of Indianapolis’ five open swimming pools, monitoring kids as they jumped off a diving board or careened into the water from a curved slide. Four lifeguards, whistles at the ready, watched from their tall chairs stationed ...

Wall Street’s Bubble May Be Gone, But Stocks Can Still Fall

NEW YORK — The good news for stocks is that this year’s sell-off means they no longer look eye-wateringly expensive. The bad news: That won’t matter if corporate profits give out. A stock’s price rises or falls for essentially two reasons: how much cash a company generates and how ...

City Native Is President Of PR Network

Jamestown native David Fuscus has been elected as the 31st president of the Public Relations Global Network at the organization’s global summit in Phoenix, Ariz. PRGN is an international network with 53 agency members in 35 countries. Fuscus is CEO of Xenophon Strategies, a communications and consulting company that he founded in 2000 headquartered in Washington, D.C. “David Fuscus has long been a leader in the PR industry both in the United States and around the world,” said Gabor Jelnick, PRGN’s Budapest-based executive director. “He is an entrepreneur and business ...

Darden Restaurants Beats Wall Street Expectations

ORLANDO, Fla. (AP) — Darden Restaurants Inc. (DRI) on Thursday reported fiscal fourth-quarter net income of $281.7 million. The Orlando, Florida-based company said it had net income of $2.24 per share. The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.21 per share. The owner of Olive Garden and other chain restaurants posted revenue of $2.6 billion in the period, which also topped Street forecasts. Eleven analysts surveyed by Zacks expected $2.54 billion. For the year, the company reported ...

As Inflation Rises, Use A Midyear Checklist

A lot can happen in six months. That’s why, as we close out the first half of the year, it makes sense to check in on your financial life. “With inflation, I think people this year are more heavily impacted than they probably have been in many years leading up to this point,” says Jason ...

Small Businesses Are Facing ‘Summer Of Uncertainty’

NEW YORK — Small businesses that depend on outdoor crowds and free-spending tourists aren’t sure what to expect this summer. Consumers likely have a lot of pent-up demand after more than two years of the pandemic. But they’re also facing some significant financial headwinds because of ...