Tuesday’s business headlines
INDIANAPOLIS (WISH) — Here’s a look at Tuesday’s business headlines.
Indiana retirement
Indiana ranks at the 22nd best state in which to retire.
Bankrate says Indiana was high for taxes and cost of living but lost points for culture and health care quality.
South Dakota ranked as the No. 1 state on the list.
Tyson Foods
Tyson Foods lowered its full-year profit guidance amid trade uncertainties related to tariffs and volatility in the commodity markets.
The company said tariffs have hurt domestic and export prices on chicken and pork. Tyson also said domestic chicken demand ahs weakened because of an abundance of “relatively lowe-priced” beef and pork.
MoviePass changes
MoviePass makes another move to save its business.
No more big releases will be available to subscribers.
That means big tittle like Mission Impossible and Christoper Robin won’t be available in the program.
Child care costs
Child care costs rose for the fifth year in a row and nearly one in five families are spending at least a quarter of its annual household income on child care.
That’s according to a NewCare.com study.
Care.com determined that in 2017 the average weekly cost for an infant ain a day-care center was $211, versus $580 for a nanny.