175,000 Jobs Added in January; Flight Delays Cost Billions

All three of the main indices ended the day after their short-lived rebound yesterday. Twitter's (TWTR) shares fell 13% in after hours trading despite beating Wall Street's sales and profit expectations. In January the private sector added 175,000 jobs which fell below expectations by 10,000. CVS Caremark (CVS) announced that they will no longer sell tobacco products in their stores. They made this decision after deciding that tobacco products don't go along with their company's message of health and wellness.
President Obama praised the company for their decision and now many are wondering who will be the next follow CVS. As weather delays continue to be an issue we must acknowledge that the airlines aren't the only ones who are losing money. It is estimated that all the flight cancellations and delays have cost fliers $2.5 billion in lost work time.

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Published on Feb 5, 2014
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

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