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The Fearless Girl sculpture is seen outside the New York Stock Exchange (NYSE) during a snow storm in the Manhattan borough of New York City, New York, U.S., February 1, 2021. REUTERS/Brendan McDermid
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U.S. companies are leaping above expectations on first-quarter earnings, giving investors stronger confirmation that profit growth will be able to support the market this year.
A big piece of that growth is coming once again from technology and growth companies, which suggests greater durability in companies that underperformed more economically focused value names for months.
Earnings are rebounding from last year s pandemic-fueled lows. With results in from more than half of the S&P 500 companies, earnings are now expected to have risen 46% in the first quarter from the previous year, compared with forecasts of 24% growth at the start of the month, according to IBES data from Refinitiv.
By Eric Freedman
Capital News Service
Why is a game warden from Michigan’s western Upper Peninsula traipsing through the wilds of Siberia and Northern Russia during World War I?
Because he’s on a secret mission to rescue Tsar Nicholas II, the ill-fated “Emperor of All the Russias,” and his equally doomed family.
Perhaps more importantly, who would send a Michigan game warden who speaks no Russia into the chaos of the Russian Civil War?
In a new novel, it’s former President Teddy Roosevelt who dispatches game warden Lute Bapcat on the dangerous assignment – at the behest of future British Prime Minister Winston Churchill.
Editorial: First steps on fixing a broken bottle law
Crain s Detroit Business
Crushed bottles inside of a bin at a can and bottle return in Detroit.
Anyone who lived through the 1970s and 1980s in Michigan would recognize the conversation.
How lucky we were to live in a state with a bottle-return law, how much better the highway shoulders looked compared with other states, free from crushed cans and bottles casually tossed out car windows.
It truly was world-changing, one of the most visible and popular public policy achievements Michigan has ever seen.
But it s not 1980 anymore. A whole world of consumer packaging and products has sprung into being that wasn t contemplated back then. And the bottle law as it stands is standing in the way of where the focus should be: improving Michigan s moribund recycling rates overall.
SHARES
Research boat explores a sinkhole on the northern edge of Rockport’s Middle Island. Image: NOAA/David Ruck, Great Lakes Outreach Media
What do sharks, mysterious sinkholes, Indigenous foods, poaching and Milwaukee harbor have in common?
All were topics of the most-viewed stories on Great Lakes Echo last year.
And more than half – nine – of the most popular 16 stories dealt with wildlife
Some on the top-16 roster were newly reported in 2020, including ones about mysterious sinkholes under Lake Huron and recipes for Great Lakes Indigenous foods.
But other stories displayed a long lifespan of reader attention, including the most popular one – about bull sharks in the Great Lakes (not) published in 2015. The longest-lived – about regulating water levels on the Great Lakes – first appeared in 2009.