Services sector growth slows in August but still positive

WASHINGTON (AP) — Growth in the U.S. services sector, where most Americans work, slowed in August after big rebounds in June and July, indicating lingering problems stemming from the coronavirus pandemic.

The Institute for Supply Management reported Thursday that its index of activity in the services activity showed a reading of 56.9% in August, down 1.2 percentage-points from the July reading of 58.1.

Any reading above 50 indicates growth in the services sector. By that measure, the services sector has shown growth for three straight months after taking a big hit in the spring when the country shut down to combat the coronavirus.

Business activity and new orders continued to expand in August but at a slower pace than the July surge. The index measuring employment contracted for a sixth straight month, a sign of the millions of workers who have been laid off or furloughed in service industries such

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Mayor Ketron’s daughter unsuccessfully applies for county jobs | News

Rutherford County Mayor Bill Ketron’s daughter, Kelsey Ketron Randolph, who is on probation on charges related to an investigation of the family’s insurance business, unsuccessfully applied for two jobs in the county property assessor’s office, according to public records and a county official.

One state official said Ketron Randolph should not be working in any job connected to her father.

Ketron Randolph is serving eight years’ probation after having pled no contest to various charges including fraud, forgery and theft related to having worked as vice president of her father’s insurance firm; some of that work happened while her license was inactive.

The Murfreesboro Post obtained copies of two job applications she submitted for openings in the property assessor’s office – Administrative Support II and Appraiser I – Real Property.

The DA’s response

Bruce Garner is the communications director for the 11th Judicial District in Hamilton County, the district attorney’s

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Z Capital to Explore Sale of Daily Racing Form Owner – Article

(Bloomberg) — Z Capital Group is exploring strategic alternatives including a sale of Sports Information Group LLC, the owner of horse-racing data and media platform Daily Racing Form, according to people with knowledge of the matter and a document sent to prospective buyers reviewed by Bloomberg.

Potential buyers include Penn National Gaming Inc., DraftKings Inc. and Flutter Entertainment Plc, said one of the people, who requested anonymity because the information is private. The company could fetch more than $350 million, the person added.

Sports Information Group is working with Macquarie Capital, the advisory arm of Macquarie Group Ltd., to solicit interest from potential suitors, the document shows. The platform receives more than 15 million annual page views and has over 20,000 active betting customers.

Representatives for Z Capital and Macquarie declined to comment.

Z Capital acquired New York-based Sports Information Group in 2017 for less than $100 million from lenders

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