Login | October 15, 2018
Portage County Legal News.
Business
Survey: US companies added a healthy 230,000 jobs last month
WASHINGTON (AP) — U.S. businesses added a robust 230,000 jobs in September, a private survey found, a sign that strong economic growth is spurring companies to add more workers.
Payroll processor ADP said recently that September's job gain was the most in seven months. It followed 168,000 new jobs in August, a figure that w ... (full story)
APNewsBreak: Michigan, company reach oil pipeline deal
TRAVERSE CITY, Mich. (AP) — Michigan Gov. Rick Snyder's administration and Canadian pipeline giant Enbridge have agreed to replace twin 65-year-old crude oil pipes in a channel linking two of the Great Lakes with another that would run through a tunnel far below the lake bed, officials told The Associated Press.
The plan ca ... (full story)
Here today, ghosting tomorrow––workers just disappear
NEW YORK (AP) — All seemed to be going well with Randolph Rice's new receptionist. She asked for more responsibilities and got them, and said she was happy.
Then, two months into the job at Rice's law office, she didn't show up for work or call in sick. Rice tried to reach her, but got no response. He'd been ghosted: The re ... (full story)
'Free cash flow' explained and investing in CenturyLink
Dear Mr. Berko: In 2011, I asked you about investing in CenturyLink because I needed the income. You wrote me: "Don't buy that junk. It has nowhere to go but down." It was $38, and the $2.90 dividend was yielding 7.4 percent. Certificates of deposit then were paying less than 1 percent, so I bought the stock at $38. It's n ... (full story)
An artful investment
I have an opportunity to buy a $250,000 half-unit in a multiunit art-related limited partnership. A friend will buy the other half. The partnership will buy very expensive old masterpieces, and I've included the partnership papers for your review. Two other people we know are also investing and have checked out the general partners. ... (full story)