Thursday, November 26, 2015

S&P 500 Scores Best Week In Almost A Year

By Noel Randewich

(Reuters) — Wall Street racked up a solid week on Friday, with healthcare, technology and consumer stock making gains and investors looking beyond a widely-expected December interest rate hike.

The S&P 500 ended its strongest week in almost a year, while the Dow Jones industrial average erased its year-to-date loss, led by a 5.46 percent jump in Nike (NKE.N), which announced a $12 billion share buyback and a 2-for-1 share split.

The sporting goods maker helped send the consumer discretionary sector up 1.23 percent, making it the top gainer among the 10 major S&P sectors.

Healthcare (.SPXHC) rose 0.74 percent, led by Allergan’s (AGN.N) 3.45 percent increase.…

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Debt-Free College: The New Democratic Mantra

By Katy Murphy, San Jose Mercury News (TNS)

SAN FRANCISCO — The aspiring app developers and entrepreneurs attending the new Make School in San Francisco don’t take out loans to cover tuition.

There is no tuition — at least up front.

Students pay 25 percent of their salaries back to the school in their first two years in the workforce, as well as internship earnings. If they don’t find a job in the tech field — or if their startup fizzles — the school gets nothing.

The two-year Make School, a highly selective startup preparing students to enter the lucrative tech sector, is hardly a typical American college.…

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Closing The Book After A Rough Termination

By Liz Reyer, Star Tribune (Minneapolis) (TNS)

Q: I recently was told that my job was going to be eliminated after nearly 20 years. While I found a new position and am moving on, the whole process was very impersonal and felt unfair. What would have been fair to expect, and what can I do?

A: First of all, ouch! It’s hard enough to lose your job, but even worse when it is handled in a callous manner. Keep in mind, though, that people vary a lot in how well they communicate, especially when making hard decisions.

If I’m not mistaken, your challenge is less about the practical impact on your life, as you’ve found another position.…

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