Hard hitting global and local news
With supply arbitrage in mind, please consider Invasion of Spanish Builders Angers France Struggling to Compete . The earth movers digging out a sandy pit in the beach town of Biarritz could be any construction site in France
See more here: Start of a Global Currency Crisis?
A few days ago, Target made the claim it would not reduce employee hours because of Obamacare.
I made a nearly-identical statement yesterday in a comment regarding my post False Thesis of the Day: Huge Cash Pile Puts Recovery in Hands of Corporations; Cash Cow Revisited . " Cash is just not going to be used for the way Deloitte suggests
Eurozone PMI Strengthens, Except France; Germany-France Yield Spread Widens; Where to From Here? The Eurozone composite PMI hit its highest since June 2011, but it did so with France still in contraction as noted by the Markit Flash Eurozone PMI .
More here: Italian Banks Need Extra $57 Billion for Loan Loss Reserves, 18% of Loans Non-Performing
A new Gallup survey shows Many Baby Boomers Reluctant to Retire . True to their "live to work" reputation, some baby boomers are digging in their heels at the workplace as they approach the traditional retirement age of 65
Target Drops Healthcare Coverage for Part-Time Workers, Claims No Reduction in Hours; Thank Your Employer? Obamacare does not mandate healthcare coverage for part-time employees (defined as those working less than 30 hours a week)