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Transcripts For KQED Nightly Business Report 20160618

Uncertainties weve been telling you about, including great britains vote next week whether to leave the European Union and the federal reserves forecast of slow Economic Growth. The Dow Jones Industrial average capped this rocky week with a decline of 57 points finishing at 17,675. Nasdaq dropped 44. And the s p 500 fell 6. For the week, all of the major indexes lost more than 1 . And concerns over slow growth may not bode well for one of the most critical forces in investing, corporate profits. Forget the fed. Set aside the vote on britain leaving the European Union. In the long run, and probably the short run too, what matters most to stock prices is, yes corporate profits. The mothers milk of moneymaking. And the profit outlook, weak all year long, is getting worse. Fact set says u. S. Corporate profits will likely fall more than 5 this quarter. S p Global Market intelligence thinks theyll slide 4. 7 . If profits do decline this quarter, and theres only two weeks left to go, it will

Transcripts For KQED Nightly Business Report 20160618

Uncertainties weve been telling you about, including great britains vote next week whether to leave the European Union and the federal reserves forecast of slow Economic Growth. The Dow Jones Industrial average capped this rocky week with a decline of 57 points finishing at 17,675. Nasdaq dropped 44. And the s p 500 fell 6. For the week, all of the major indexes lost more than 1 . And concerns over slow growth may not bode well for one of the most critical forces in investing, corporate profits. Forget the fed. Set aside the vote on britain leaving the European Union. In the long run, and probably the short run too, what matters most to stock prices is, yes corporate profits. The mothers milk of moneymaking. And the profit outlook, weak all year long, is getting worse. Fact set says u. S. Corporate profits will likely fall more than 5 this quarter. S p Global Market intelligence thinks theyll slide 4. 7 . If profits do decline this quarter, and theres only two weeks left to go, it will

Transcripts For KQED Nightly Business Report 20160705

Can come trying to make something thats been around forever better or simpler. Tonight we bring you the stories of two entrepreneurs, one who was changing the way kids are coached and the other who are changing baking and thats where we begin. Adam leonte is one of a handful of u. S. Chefs using his own freshly milled flour, like flour he used to use in italy back in 2010. It then dawned on me why i liked the flavor of the pasta in italy more where i was working, because it was fresh wheat. He converted to fresh flour at a Philadelphia Restaurant before moving to brooklyn last year to become executive chef at the still under construction williamsburg hotel. The hotels baked goods will come from his Brooklyn Bread Lab which opened in december. He sells out of 7 loaves of bread, pizzas and pastries in about an hour and his flour sells for about 5 bucks a pound. Using flour, a little salt and homemade yeast starter he concocts crusty, crunchy, airy loaves of deliciousness. You can its bak

Transcripts For KQED Nightly Business Report 20160705

Can come trying to make something thats been around forever better or simpler. Tonight we bring you the stories of two entrepreneurs, one who was changing the way kids are coached and the other who are changing baking and thats where we begin. Adam leonte is one of a handful of u. S. Chefs using his own freshly milled flour, like flour he used to use in italy back in 2010. It then dawned on me why i liked the flavor of the pasta in italy more where i was working, because it was fresh wheat. He converted to fresh flour at a Philadelphia Restaurant before moving to brooklyn last year to become executive chef at the still under construction williamsburg hotel. The hotels baked goods will come from his Brooklyn Bread Lab which opened in december. He sells out of 7 loaves of bread, pizzas and pastries in about an hour and his flour sells for about 5 bucks a pound. Using flour, a little salt and homemade yeast starter he concocts crusty, crunchy, airy loaves of deliciousness. You can its bak

Transcripts For KQEH Nightly Business Report 20160618

Uncertainties weve been telling you about, including great britains vote next week whether to leave the European Union and the federal reserves forecast of slow Economic Growth. The Dow Jones Industrial average capped this rocky week with a decline of 57 points finishing at 17,675. Nasdaq dropped 44. And the s p 500 fell 6. For the week, all of the major indexes lost more than 1 . And concerns over slow growth may not bode well for one of the most critical forces in investing, corporate profits. Forget the fed. Set aside the vote on britain leaving the European Union. In the long run, and probably the short run too, what matters most to stock prices is, yes corporate profits. The mothers milk of moneymaking. And the profit outlook, weak all year long, is getting worse. Fact set says u. S. Corporate profits will likely fall more than 5 this quarter. S p Global Market intelligence thinks theyll slide 4. 7 . If profits do decline this quarter, and theres only two weeks left to go, it will

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