Nesco event today seeks to fill 70+ jobs
Nesco Resource, an HR and staffing company, hopes to fill more than 70 openings at a job fair today.
The event runs from 8 a.m. to noon at 5671 N. Oracle Road, Suite 1103.
Job openings are listed online at nescotucson.arizonajobs.com
'Cyberdrill' this week to test bank security
It's a war game, Wall Street style.
Banks large and small are girding for an elaborate drill this week that will test how they would fare if hackers unleashed a powerful and coordinated attack against them.
The exercise is being called "Quantum Dawn 2," and if the name sounds like a video game, it's also meant to convey the seriousness of the threat.
Cyberattacks on the banking industry are growing more frequent and sophisticated, and the list of assailants is ever-changing: crime bosses who want money, "hacktivists" who want to make political statements, foreign governments that want to spy on U.S. companies.
Consumer prices up in June on gas hike
Higher gasoline costs pushed a measure of U.S. consumer prices up in June. But the overall trend in inflation stayed tame.
The Labor Department said Tuesday that the consumer price index increased 0.5 percent in June from May. Two-thirds of the increase came from a 6.3 percent jump in gas prices, the largest since February. Excluding volatile food and energy costs, so-called core prices rose just 0.2 percent.
AT&T introduces option for upgrades
AT&T is making it easier for customers to upgrade their cellphones more often, as long as they're willing to pay more.
The country's second-largest cellphone carrier says it's introducing an option called AT&T Next on July 26. Instead of paying, for example, $200 upfront to buy a smartphone, customers would pay monthly installments of $15 to $50 on top of their service plan, depending on the device.
Last week competitor T-Mobile US Inc. introduced Jump, which provides device insurance and more frequent upgrades for $10 a month.
Factories increase output for 2nd month
U.S. factories cranked out more business equipment, home electronics and autos in June, boosting manufacturing output for the second straight month.
The Federal Reserve said Tuesday that manufacturing production rose 0.3 percent in June from May. That followed a 0.2 percent gain the previous month. Still, the two consecutive gains barely offset production declines in March and April.
Yahoo, Coca-Cola results disappoint
In corporate earnings reports Tuesday:
• Yahoo's second-quarter results didn't give investors a reason to celebrate the completion of CEO Marissa Mayer's first year running the Internet company.
The numbers showed Yahoo Inc.'s earnings are still rising, but they also highlighted the challenges facing the company as it loses ground to rivals Google Inc. and Facebook Inc. in the online advertising market that generates most revenue.
• Coca-Cola is struggling to sell more of its products in the U.S., and it can't seem to catch a break. The world's largest drinks maker blamed a confluence of factors including unusually bad weather for disappointing second-quarter results.
• Goldman Sachs said its second-quarter profit doubled and revenue jumped 30 percent, helped by gains in stock and bond underwriting and the bank's own investments.
• Johnson & Johnson's second-quarter profit more than doubled, due to lower charges and higher sales of medicines and some medical devices, but the world's most diverse maker of health products said it expects slower growth in the second half of the year.
• General Motors' global sales grew almost 4 percent in the first half of the year, enough to fend off Volkswagen for second place and perhaps close the gap with sales leader Toyota.
Staff and wire reports