Companies are behaving like it's a recession
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1 big thing: Companies are behaving like it's a recession
By: Dion Rabouin ? Newsletter: Axios Markets (sign up here)
Despite historically low interest rates, U.S. companies are being unusually frugal, holding back on issuing new debt and pumping up their balance sheets with cash.
Why it matters: Historically, when interest rates are low and the economy is strong, companies have levered up to increase capital expenditures and buy assets in order to expand. The opposite is happening now.
Go deeper: What's happening
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2. California's "woman quota" law seems to be working
By: Courtenay Brown ? Newsletter: Axios Markets (sign up here)
Illustration: Eniola Odetunde/Axios
When California passed its boardroom law requiring public companies based there to have at least one female director, there were concerns it would spark a gold rush for the same handful of well-known women — but that hasn’t happened.
Why it matters: Of the 138 women who joined all-male California boards last year, 62% are serving on their first company board, per a study by accounting firm KPMG. That means a majority of companies aren't contributing to so-called overboarding in corporate America.
Go deeper: Read the full story
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3. Trump indulges Wall Street with Milken pardon
By: Felix Salmon ? Newsletter: Axios Edge (sign up here)
Photo Illustration: Sarah Grillo/Axios. Photo: Chris Graythen/Getty Images
Donald Trump loves Wall Street shenanigans. Companies owned by him have declared bankruptcy six different times, and he was once sued alongside Mike Milken for participating in a scheme to artificially inflate junk-bond prices.
Driving the news: Trump pardoned Milken this week, with an official statement positively gushing over Milken's role in developing the wilder side of fixed-income capital markets.
Go deeper: Read the full story
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Sales Manager at SC Johnson Professional
4 年Probably because many of them our wondering if a new President will reverse the current taxes and regulations that have freed up the economy and let it run. Same as an individual would. If I think I am going to pay more in taxes , I might take a short term pause and reduce spending, hold on to it and wait and see.
RPA & Azure AI Expert | Finance Pro
4 年Business Enterprises fear technology disruptions and hesitate to deal with regional regulations, which is making them work towards consolidation of their business, cash books and becoming leaner. All these factors into recession like growth curve.
Marketing Specialist at NGO
4 年Instrukcija za devizno placanje.pdf ?Rjesenje o osnivanju Udruzenja.pdf Udru?enjegradjana " Prva evropska zelena renesansa" , Bijeljina(Association of citizens " The first European green renaissance",Bijeljina )Address:Ljeskovac 4876300BijeljinaBosnia and Herzegovina?Telephone number: +38765691733 or?+38640345011 ??Respected,We are an association of citizen that was founded injanuary 2019. Objectives of the association: provides humanitarian assistance, collects and processes scientific literature in the field of environmental protection and sustainable development, in the field of improving the conditions for a healthier life of man, ?in the field of human rights protection as well as in the prevention of the consequences of negative social occurrences; organizes, alone or in community with other organizations, expert meetings, consultations, seminars and other forms ?of education in the field of environmental protection, raising public awareness of the protection of health, protection of human rights and negative social phenomena; publishes books and other publications on issues related to the field ?of activities of the association, in accordance with the law, positive ?regulations; organizes experts for work on education ?in the field of environmental protection and for carrying out activities for protection and improvement of nature from ?the aspect of protection and improvement of the health of the population in the field of sports and other activities from ?the field of activity of the association; affirmation of the development of sports for children, youth and adults; ?organization of sporting events, cultural events and events dedicated to the preservation of tradition and exchange ?of experiences with countries in the region and beyond; through professional-educational activities, encourage networking, ?cooperation, communication, system of mutual information and marketing - positive activities of interested natural and ?legal persons from the area of applied ecology from the field of activities of the association; cooperates with universities, ?schools, professional associations and other organizations in the country and abroad that deal with objectives in the field of the ?scope of the association; runs applications and programs from the field of activity of the association; organizes volunteer actions; organizes workshops.We are a very ambitious association that is willing towork and to be. We have the opportunity to engage a large number of volunteers,but in order to implement our projects we need a financial means.Inthe attachment of this letter, we send you account number, banktransfer instructions and scanned origin of the decision on theestablishment of the association.In the hope that you will help us and donate certainfinancial resources, we thank you in advance.?Account number 00-708-0000019.8, IBAN? BA 395710070800019836 ???????????????? President, Jovan Tesic