The paradox of wage growth
5/22/2017 Bloomberg

Traditional economic models tell us that wages rise when unemployment is low. Yet, in this time of near-full employment, wages are standing still.

Colleges provide summer aid for foreign students

Institutions such as Ohio University and Ithaca College are among those providing summer housing and other support for international students who are wary of traveling overseas during the summer in case changing federal visa and immigration policies prevent their return. Some universities also are providing food and employment assistance.

LSEG's Rolet estimates euro-clearing loss at €100B

London Stock Exchange Group CEO Xavier Rolet says any move to take euro clearing out of London could cost banks and investors using off-exchange interest-rate contracts €100 billion. "Strip out euro clearing and you lose these efficiencies, potentially increasing cumulative trading costs by €100 billion over five years," Rolet writes in an op-ed.

Wegmans to enter D.C. market
5/22/2017 Progressive Grocer

Wegmans Food Markets will enter the Washington, D.C., market when the retailer opens its first store there as part of a mixed-use development that will include retail, arts, residential and other space. The store and the development are expected to open in 2021.

Researchers test mHealth app to monitor mobility in older patients
5/22/2017 mHealth Intelligence

Researchers from the University of Alabama in Huntsville, the university's College of Nursing and the Center for Aging in Huntsville found that an mHealth monitoring app may help educate older patients about ways to improve their stability and mobility. The solution involves a smartphone equipped with software that records and uploads movement data to a patient's EHR for physicians to review to determine patterns in mobility.

Digital habits of Gen Z: YouTube is essential
5/23/2017 Adweek

Half of people ages 13 to 20 say they "can't live" without YouTube, nearly all use it, and males are 24% more likely than females to say the platform is essential, per Defy Media. Two-thirds of the 1,500 Gen Z people surveyed use YouTube to watch how-to videos, and 24% use it to get recommendations about products.

NAFTA changes could redefine supply chains
5/22/2017 Supply Chain Dive

The North American Free Trade Agreement will be renegotiated this year, and is likely to affect supply chains. Edwin Lopez in this article explores how supply chains will change, ultimately to save costs, and the importance of modernization and managing trade partners effectively.

Study: IBM, Microsoft among top security providers
5/23/2017 Channel Partners

The demand for cybersecurity products and solutions will grow 12% annually by 2025, fueled by cloud-based services, reports Persistence Market Research, which identified IBM, Microsoft, Symantec and Verizon as being among the leading cybersecurity vendors.

Dow-DuPont merger to close by Sept. 1

Dow Chemical and DuPont's planned $130 billion merger is on track and will likely close between Aug. 1 and Sept. 1, according to the companies. They said they are working with regulators in the rest of the relevant jurisdictions to get clearances for the merger.

Netflix's Stuber focuses on pushing Netflix as a film studio
5/22/2017 Deadline Hollywood

Netflix's Scott Stuber is aiming to make the company as successful with films as it has been with TV, with plans to push out 40 to 50 films per year. Stuber's experience at Universal Studios working on films such as "The Fast and the Furious" and "The Bourne Identity," as well as his experience building pictures and networking with talent, makes him a good fit for the role, Mike Fleming writes.

Trump decreases funding request for border wall

The Trump administrated presented its proposed fiscal 2018 that includes $1.6 billion for the wall between Mexico and the US. At one point, White House budget director Mick Mulvaney said the 2017 and 2018 budget would allot $4.1 billion for the wall, and the White House said the decrease was partially due to a compromise reached with Democrats on a budget extension.

Electric co-op, bee company team for sweet enterprise
5/22/2017 Sustainable Brands

Connexus Energy has partnered with Bolton Bees, which has installed 15 beehives at the Minnesota electric cooperative's SolarWise community garden to commercially produce honey. The Connexus pollinator-friendly solar arrays are planted with a biodiverse mix of low-growing and shade-tolerant grasses and flowers.

FAA, NASA consider options for sharing skies with drones

The Federal Aviation Administration is working closely with NASA on how to incorporate drones into US airspace. A team from the FAA and NASA is considering both a portable and a persistent model for unmanned traffic management.

Baltimore hotels use an artful touch to attract travelers
5/19/2017 The Baltimore Sun

Hotels throughout Baltimore are turning to photography collections, fine art and artisan furniture to create an unforgettable arts experience for guests. Embracing fine art is about amenity and identity for hotels and resorts, private art dealer Mark Myers said.