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With stocks in an August meltdown, Mechanics Bank Wealth Management has been telling investors to keep calm and carry on. “The Federal Reserve has been specifically working for over a year to let some air out of the job market since a too hot job market can result in higher inflation than desired,” it tells investors warning Read More →
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This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Carpinteria-based Procore Technologies, a construction management software company, announced its results for the second quarter on Aug. 1. For the quarter ended June 30, Procore’s revenue was $284 million, an increase of 24% year-over-year. Moreover, the company, which has never achieved a profit, substantially cut its net loss in the second quarter, suffering a loss Read More →
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