Marketplace Morning Report for Tuesday November 4, 2014
Can decent U.S. economic growth help perk up Europe, or will Europe's flagging economy drag the rest of the world in the wrong direction? Currently, things are looking droopy in Europe, with the Europen Union lowering its forecast for growth across the countries that use the Euro. More on that. Plus, travel company Priceline will report third quarter profits today. That report should give us a glimpse into Priceline's strategy of growing by buying up other companies. And it's common for CEOs or high powered senior managers to sign non-compete agreements, meaning they can't go work for a competing company soon after leaving your job. But increasingly, these agreements are filtering down to lower wage, service-sector workers. Note recent headlines that Jimmy Johns required its sandwich shop employees to sign the agreements.We take a closer look.
Can decent U.S. economic growth help perk up Europe, or will Europe’s flagging economy drag the rest of the world in the wrong direction? Currently, things are looking droopy in Europe, with the Europen Union lowering its forecast for growth across the countries that use the Euro. More on that. Plus, travel company Priceline will report third quarter profits today. That report should give us a glimpse into Priceline’s strategy of growing by buying up other companies. And it’s common for CEOs or high powered senior managers to sign non-compete agreements, meaning they can’t go work for a competing company soon after leaving your job. But increasingly, these agreements are filtering down to lower wage, service-sector workers. Note recent headlines that Jimmy Johns required its sandwich shop employees to sign the agreements.We take a closer look.
