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News Business

Saratoga is state’s healthiest county, according to U.S.

BALLSTON SPA – Saratoga County is New York state’s healthiest county and one of the healthiest counties in the nation, according to U.S. News & World Report.

Saratoga County finished 60th – which was in the top 2% – in U.S. News & World Report’s Healthiest Communities Rankings 2022, released last week.

The rankings, analyzing 500 communities, used 89 metrics across 10 health and health-related categories to evaluate nearly 3,000 U.S. counties and county equivalents – think boroughs or other municipal entities – according to U.S. News & World Report. The study looked at population health, equity, education, economy, housing, food and nutrition, environment, public safety, community vitality and infrastructure.

Saratoga County scored 79 out of 100 on the overall rankings, topping the state median score of 57 and the U.S. median score of 47, according to a Saratoga County news release on the study.

“The 2022 Healthiest Communities report establishing Saratoga County as the healthiest county in New York State underscores what we in local government, our economic development partners and local business leaders have known for a long time – Saratoga County is a great place to live, work and raise a family,” Saratoga County Board of Supervisors Chairman and Town of Moreau Supervisor Theodore T. Kusnierz, Jr. said in a news release about the report. “We’ve set the conditions for a robust economy and a healthful quality of life across Saratoga County through thoughtful planning, conservative budgeting practices, and limiting bureaucratic red-tape that leads to over-regulation. The proof is in our results – a safe and welcoming community for all in a county that also boasts the lowest property and sales taxes in New York State.”

Saratoga County scored 80 in education, 78 in public safety, 77 in economy and population health, 76 in infrastructure, 72 in

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News Business

Newmont, World Wrestling Entertainment, Ryanair & more

Ryanair planes are seen at Dublin Airport, following the outbreak of the coronavirus disease (COVID-19), Dublin, Ireland.

Jason Cairnduff | Reuters

Check out the companies making headlines in midday trading Monday.

Newmont — Newmont shares tumbled 13.2% after the mining company reported a disappointing second-quarter profit. The company reported earnings of 46 cents per share, compared with a Refinitiv consensus forecast of 63 cents per share.

World Wrestling Entertainment — Shares of World Wrestling Entertainment jumped more than 8.4% after Loop Capital upgraded and raised its price target on them “based on a greater likelihood that the company is sold with Vince McMahon stepping down.” McMahon, WWE’s top shareholder, is being investigated for sexual misconduct claims and stepped down as CEO on Friday.

JD.com — The Chinese e-commerce company climbed 2.3% after Morgan Stanley named JD.com a “catalyst-driven idea.” The Wall Street firm said it’s particularly bullish on JD.com heading into earnings in August, as revenue growth is expected to accelerate from June’s level.

Ryanair — Shares of Ryanair surged 4.6% after the budget airline reported quarterly earnings that beat Wall Street’s profit estimates. The company also expects to return to pre-Covid profit levels this year or next, even though the recovery is fragile.

Philips – The Dutch medical equipment maker’s shares fell 7.2% after the company reported weaker-than-expected quarterly earnings, citing lockdowns in China and supply chain issues. It also cut its estimate for full-year sales growth to between 1% and 3%, down from 3% to 5%.

Lam Research — Shares of the semiconductor equipment company slipped 1.4% after Barclays downgraded the stock to equal weight, saying in a note to clients that, despite a recent bounce, the semiconductor industry is due for a correction.

Diamondback Energy — Energy stocks surged on the back or rising oil prices Monday.

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News Business

Dangan Group to create 440 jobs across Ireland and Northern

Dangan Group has today announced plans to double its workforce over the next 36 months with the creation of up to 40 new fulltime roles and over 400 additional contract roles being added across the country.  

 

Dangan Group is a fully Irish-owned company with offices in Dublin, Cork and Belfast. The company provides multi-service client solutions in Recruitment, Cleaning and Merchandising throughout the country, and includes the brands – Dangan Group Recruitment, Dangan Group Cleaning, in addition to Harper Finley Professional Recruitment and Merchandising Matters. Building on its regional development plans,


The company has also recently opened a new office in Belfast to further grow its business in Northern Ireland over the next 12 months with the appointment of Brian Whelan as Managing Director.

 

Welcoming the expansion, Tánaiste and Minister for Enterprise Trade & Employment, Leo Varadkar said, “Congratulations to the team at Dangan Group on this really significant expansion and to Brian Whelan on his appointment. It’s great to see an Irish company go from strength to strength and have such ambitious growth plans. It’s a great boost.” 

 

Chairman of Dangan Group, Harry Gleeson added, “The appointment of Brian to the role of Managing Director marks a pivotal moment for Dangan Group as we look to further invest in our business and our people. Brian is the right person to lead as we continue on our growth journey. We’re looking forward to working with new partners and hiring more employees across each of our units in Ireland. We know that Brian will be a success in his new role as he continues to support our regional and cross-country development and we look forward to seeing what the future will bring for Dangan Group.”


Source: www.businessworld.ie

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Savannah doctor earns MBA to be a better physician, advocate

For Savannah doctor Timothy Connelly earning a Master of Business Administration (MBA) degree wasn’t about advancing his career in the business world. Instead, he saw it as an opportunity to grow in his current career.

“I did not get my MBA to look for a different job, a better job or a higher paying job,” Connelly said. “I went for it to do a better job.” 

Georgia Southern University’s MBA program, offered through the Parker College of Business online and at the Armstrong Campus in Savannah, was the right balance of flexibility, reputation and cost-effectiveness to meet Connelly’s high-demand schedule.

“After doing my research and looking up many different MBA and executive MBA programs, I felt the Georgia Southern MBA to hold by far the best value for furthering my education,” Connelly said. “Few programs balance cost, educational outcomes and program flexibility for the working adult better than the Parker College of Business at Georgia Southern.”

Connelly enrolled in the online program right at the beginning of the COVID-19 pandemic, which ended up being a perfect fit after he transitioned into an intensive care physician role.

“I was basically a COVID doctor,” Connelly said. “I would work 12 hours and spend a couple hours working on my MBA. Fortunately, the professors needed everything completed every other week, so I either got it done a week and a half early or right on the verge.”

Connelly was grateful for the flexibility and accommodations from professors in the program during such an unprecedented time. 

“The corporate finance class was extremely difficult, but the professor would always find time to meet with me at odd times, go online and do problems with me,

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News Business

Businesses struggle to navigate values in a politically

Connecting with companies that share your values is a popular notion, but it’s become an enormous challenge for organizations as the nation’s political and social divisions deepen.

Corporate leaders are struggling to set values without alienating anyone and that’s “really become impossible,” business ethicist Alison Taylor told MPR News host Tom Crann Thursday.

Taylor, who’s currently writing a book about the new landscape for business ethics, gave a talk at the University of St. Thomas Thursday. While she’s concerned about a future America with “red banks and blue banks, red mattress companies and blue mattress companies,” she says there are companies successfully navigating the landscape — including two in Minnesota.

The following transcript has been edited for length and clarity. Click the audio player above to listen to their conversation.

I understand you’re writing a book about what you’ve called a seismic shift in the realm of business ethics. Is it possible to summarize that shift briefly and tell us what’s happening?

I will certainly try. Listeners might remember, there was a police killing in Ferguson in 2014. At that time, corporations did not want to talk about that, they did not want to talk about Black Lives Matter. Fast forward to 2021 and we have CEOs giving their personal opinion about the verdict in the George Floyd murder. So that is a completely incredible shift in just seven years.

So as companies do this and executives, what are they getting wrong, are still reluctant to do?

I think companies are really trying to figure out how to avoid alienating anybody. And as the premise of your original question suggests, that has really become impossible. The U.S. is extremely polarized these days. And there is a very high level of what we call effective polarization, meaning that we don’t just

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News Business

Facebook’s stumbling ad business at the center of Big Tech

The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022.

Arnd Wiegmann | Reuters

It’s earnings palooza week for Big Tech, with the four most valuable U.S. companies plus Meta all reporting quarterly results.

Alphabet and Microsoft kick off the action on Tuesday, with Apple and Amazon wrapping things up on Thursday. Sandwiched in between them is Meta on Wednesday.

Investors in all five names are hurting this year as surging inflation, rising interest rates and fears of recession have hammered the tech sector. Within the mega-cap group, Meta has suffered the most, losing half its value as Facebook’s struggling ad business has yet to show signs of a rebound.

When Meta reports second-quarter numbers, Wall Street will be looking closely for indications that growth is poised to return. It also needs to see improved trends when it comes to users, who have fled the company’s apps in recent quarters in favor of rivals like TikTok.

“They’re starting to get tired of it,” said Debra Aho Williamson, an analyst at research firm Insider Intelligence. “Users are definitely gravitating towards other platforms or they’re engaging with Facebook less, and when you start to see that happening in bigger and bigger quantities, that’s when the advertisers really start to take notice.”

Facebook is expected to show its first year-over-year revenue drop ever for the second quarter, and analysts are projecting mild acceleration in the third quarter with mid-single-digit growth. The mood in the mobile ad industry is dour headed into the report.

Last week, Snap reported disappointing second-quarter results, missing on revenue and earnings and announcing plans to slow hiring. Snap blamed a difficult economy and Apple’s iOS privacy change as significant hurdles, alongside competition from TikTok and others.

Barton Crockett, an analyst at Rosenblatt Securities, told CNBC that

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