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IB Morning Update – January 12, 2024

MORNING HEADLINES

This evening’s MLK Free Community Dinner canceled due to storm forecast

At this time, the other Martin Luther King, Jr. Coalition events are expected to proceed as planned.

Sun Prairie’s Palmer Johnson Enterprises acquires South Carolina’s Continental Engines LLC

The acquisition is a significant step in Palmer Johnson's nationwide expansion and its commitment to diversifying its offerings within the off-highway equipment industry.

Registration open for MOTY awards program

The MOTY program recognizes the state’s top manufacturers of all sectors and sizes for their commitment to quality careers, good business practices, financial growth, and more.

US wholesale inflation falls in promising economic indicator

This morning’s report reinforced the view that U.S. inflation pressures are slowing, if not always consistently.

Wall Street eases lower, oil prices spike over Middle East conflict

The U.S. and British militaries bombed Yemen in retaliation for Houthi attacks in the Red Sea that have disrupted international trade.

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