Weekly Wrap Up For September 6th, 2019

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Institute for Supply Management®’s Report On Business® Series for August 2019. Hosts Lew Weiss and Tim Grady welcome Chair, Tim Fiore for a closer look at the factors that went into the Manufacturing Report On Business and this month’s PMI. Don’t miss this in-depth, exclusive interview available only on Manufacturing Talk Radio.  According to the comments in the ISM’s Manufacturing Report on Business(R), “Comments from the panel reflect a notable decrease in business confidence. August saw the end of the PMI® expansion that spanned 35 months…”, according to committee chair Tim Fiore.


NASA

NASA Awards $621 Million Contract to Aerospace Corp.

The Aerospace Corp. has won a $621 million contract from NASA that will be paid to the company over the next nine years. The contract was given to the company for engineering, evaluation, and testing support. (Read More)

 


Google engineer indictedFormer Google Engineer Charged with Stealing Self-driving Car Secrets

The U.S. Department of Justice announced a criminal indictment against Anthony Levandowski, a former Google engineer. The indictment charges Levandowski with 33 counts of theft and attempted theft of trade secrets. (Read More)


Tariffs Hurt EveryoneDow Drops As Trump Announces More New Tariffs

Following the announcement of new tariffs of $110 billion on Chinese imports, Dow Jones futures dropped sharply at the opening bell, sinking 0.9% vs. fair value. S&P 500 futures lost 0.85%. Nasdaq 100 futures dropped 1%. The Treasury yield curve is inverted by about 1 basis point. Last week the Treasury yield was inverted by about 6 basis points. (Read More)


Women And Manufacturing

This week on The WAM Podcast’s edition of “Riveting Exchanges,” hosts, Andrea Olson and Desiree Grace, continue with their “Bad Boss” discussion. The ladies look at the four different types of “weak” personalities. Here, you’ll meet the four archetypal passive-aggressive bosses: Indecisive Ike, Steady Eddie, Insecure Ida, and Absentee Al.