WASHINGTON (AP) - U.S. companies got more output from their workers this spring than initially thought. Productivity rose at a modest 2.2 percent annual rate in the April-June quarter, largely because employers cut back sharply on hiring.
One of the joys of growing older is the opportunity to play grandma or grandpa. My wife and I have five grandchildren, and each of them brings a smile to our faces and a nice warm glow to our hearts - at least a good percentage of the time! And for most of us, one of the big advantages to grand-parenting is that you get to play with them and bounce them on your knees and otherwise spoil them for a few hours at a time, and then they go home!
• ALIBABA OPENS DATA CENTER IN SILICON VALLEY: SAN JOSE (AP) - The cloud-computing unit of Chinese e-commerce powerhouse Alibaba is making its first foray into the U.S. by opening a data center in Silicon Valley.