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
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
Characters only they could see on their phone. The viral game gets as many as 21 million daily users in the u. S. According to survey monkey and what is all of this craze about . Well that is our cover story. The pokemon craze of the 90s and early 2000s is back. But playing with cards is so yesterday. Now you could spot picachoo and other characters in real life as you explore the world around you. It is really fun. Im getting a lot of exercise which i never got before. And the game is more popular than twitter and maybe and even the dating app tinder. Here is how it works. You download the free app on your iphone or android device. First you create an avatar you could use to capture pokemon. The game will give hints when they are near and you launch poke balls on your smartphone to trh them. Once caught you could feed them and get to new levels anden gamg in battle with engage in battle with other players. It uses google apps to add an overlay to every day landmarks. Game makes money
The viral game gets as many as 21 million daily users in the u. S. According to survey monkey and what is all of this craze about . Well that is our cover story. The pokemon craze of the 90s and early 2000s is back. But playing with cards is so yesterday. Now you could spot picachoo and other characters in real life as you explore the world around you. It is really fun. Im getting a lot of exercise which i never got before. And the game is more popular than twitter and maybe and even the dating app tinder. Here is how it works. You download the free app on your iphone or android device. First you create an avatar you could use to capture pokemon. The game will give hints when they are near and you launch poke balls on your smartphone to trh them. Once caught you could feed them and get to new levels anden gamg in battle with engage in battle with otherla it uses google apps to add an overlay to every day landmarks. Game makes money by letting you buy extra supplies such as balls to hel