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Compas Elevates Travis Scott to Lead Supplier Partner Team

Desy Papper 28 mins ago

Compas today announced the promotion of Travis Scott to VP, Supplier Partner Team. In this role, Scott will oversee and monitor relationships with all suppliers, identifying opportunities and obstacles, and negotiating and implementing timely solutions.

CHERRY HILL, N.J., Aug. 2, 2021 /PRNewswire-PRWeb/ — Compas today announced the promotion of Travis Scott to VP, Supplier Partner Team. In this role, Scott will oversee and monitor relationships with all suppliers, identifying opportunities and obstacles, and negotiating and implementing timely solutions. He is also responsible for building more effective associations that increase the value of Compas to clients and its partners. This

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Stocks end mixed after starting August off on a choppy note | Business

Desy Papper 1 hour ago

Stocks gave back some of their recent gains Monday after a day of choppy trading on Wall Street led the major indexes to a mixed finish.

The S&P 500 slipped 0.2% in the final hour of trading after holding a slight gain for much of the afternoon. The benchmark index is coming off a weekly loss, though it ended July higher, its sixth straight month of gains. It remains within 0.8% of the all-time high it set a week ago.

A slide in technology, industrial, raw materials and communication companies weighed on the market. Energy stocks also fell in tandem

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U.S. manufacturing growth cooling; bottlenecks starting to abate

Desy Papper 2 hours ago
  • ISM manufacturing index decreases to 59.5 in July
  • New orders measure falls, employment gauge rises

WASHINGTON, Aug 2 (Reuters) – U.S. manufacturing activity grew at a slower pace in July for the second straight month as raw material shortages persisted, though there are signs of some easing in supply-chain bottlenecks.

The survey from the Institute for Supply Management (ISM) on Monday showed a measure of prices paid by manufactures fell by the most in 16 months, while the supplier deliveries index retreated further from a 47-year high touched in May.

Timothy Fiore, chair of ISM’s manufacturing business survey committee, noted

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Major food supplier Sysco cuts off some Wichita restaurants

Desy Papper 2 hours ago

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Daniel Mariotti of Il Primo Cafe was informed this weekend by its supplier, Sysco Foods, that they’d no longer be delivering to supplies to Mariotti’s Epic Center location and to several other restaurants in Wichita.


Travis Heying

The Wichita Eagle

You can’t make a chicken sandwich without chicken and bread.

But that’s basically the situation that many restaurants in the Wichita area are facing after being notified that food-delivery titan Sysco Foods won’t be delivering food or taking orders from them for the foreseeable future.

Standard practice is for restaurants to order food by 2 p.m. Sunday to have it

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China clampdown concerns spurred record ADR trading

Desy Papper 3 hours ago

A trader works behind plexiglass on the floor of the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 28, 2021. REUTERS/Andrew Kelly/Files

LONDON, Aug 2 (Reuters) – Market turbulence caused by Beijing’s clampdowns on its tech, education and property sectors drove trading in U.S.-listed Chinese stocks to a record high in dollar terms last month, data shows.

The concerns triggered the biggest monthly fall in China-linked American Depository Receipts (.HXC) or ADRs, as they are known, since the height of the 2008 global financial crisis, but the knock-on effect was a huge spike in trading.

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