Fred Johnson

ON AIR NOW

Fred Johnson

9:00am - 10:00am

Contact
Business News


U.S. worker productivity fell 3.1% in the opening months of 2015, underscoring an economic soft patch marked by weak business investment and disappointing wage gains.  The US added 280,000 jobs in May, and the unemployment rate rose slightly to 5.5%    (WSJ)


Up to nine more banks are in line for the next round of billion-dollar payments related to mortgages during the financial crisis.  The Justice Department and state officials, which already have reaped almost $37 billion from the largest U.S. banks, are now targeting additional U.S. and European banks. Settlements with Goldman Sachs  and Morgan Stanley could be finalized as early as later this month.  Fines are expected to reach as high as $3bn each.  (WSJ)

Yet another huge data theft.  The federal government is notifying approximately 4 million employees who have had their personally identifiable information stolen during a massive data breach at the Office of Personnel Management.  Early indications are that Chinese hackers are behind the attack.  (CNBC)

 

Hide Comments

News
Traffic

 

 

  • NE 27th Street between NE Butler Market and Jill Avenue for roadwork related to roundabout construction, full road closure with detour, 4/13/20 - 7/27/20 
  • 15th Street between Knott Road and the new collector road for infrastructure installation, full closure of the roadway, 12/26/20 - 7/31/20 
  • Murphy Road between Brown Trout Place and Country Club Drive for roadwork related to Murphy Corridor project, bypass road constructed to provide Westbound/Eastbound traffic with minimal impacts to traffic, 4/17/20 - 06/12/20 

 

KBND ON FACEBOOK
 
FOLLOW US ON TWITTER