ID Quick Hits: Motion Industries Acquires Hydraulic Supply Company; Milwaukee Tool Acquires U.S....

In this latest episode of ID Quick Hits, editorial content director Jon Minnick discusses Motion Industries Acquires Hydraulic Supply Company and other acquisitions.

Jon Minnick
Oct 11th, 2018
Hey there, I’m [Insert Name] and these are your latest ID Quick Hits. This week’s ID Quick Hits are all about mergers and acquisitions.
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In this Feb. 20 photo, a worker sits at a production line at a microelectronics factory in Nantong in eastern China's Jiangsu Province. China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington that threatened global economic growth.
China Suspends More Penalties on US Goods
Goods affected by the latest reduction include industrial components and medical and factory equipment.
Feb 21st, 2020
In this Feb. 12 file photo, Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee on Capitol Hill in Washington.
Fed Seems Inclined to Keep Rates Low
Federal Reserve officials noted the risk posed by China's virus outbreak.
Feb 19th, 2020
In this Jan. 29, 2020 file photo, Tony Bonczewski repairs a heel on a customer's shoe at his cobbler shop in Wilkes-Barre, PA. Small business owners have received some upbeat news on the economy this month. Retail sales figures released Friday showed that consumers were inspired by unseasonably warm weather to spend on their homes in January, but that overall sales growth was modest.
Small Businesses Getting Upbeat Economy News
January's economic reports showed that more consumers are working, which is a good omen for higher retail sales in the coming months.
Feb 18th, 2020
In this Dec. 16, 2019 file photo, a Boeing worker walks past a 737 model fuselage and a giant mural of a jet on the side of the manufacturing building behind in Renton, WA.
Hurt by Boeing, US Factory Output Slips 0.1%
US manufacturing has shown signs of recovering from a year-long downturn but is facing a fresh challenge from Boeing's troubles.
Feb 14th, 2020
Gm Stock Market Ap
401(k)s Hit Record
Surging global markets and workers' better savings habits both played a big role.
Feb 13th, 2020
A traveler stands on a bridge near a display showing government propaganda in the fight against the COVID-19 viral illness in Beijing, China Thursday, Feb. 13, 2020. China is struggling to restart its economy after the annual Lunar New Year holiday was extended to try to keep people home and contain novel coronavirus. Traffic remained light in Beijing, and many people were still working at home.
Virus Blamed for Forecast Fall in Oil
The International Energy Agency said that the consequences of the outbreak for oil demand “will be significant.”
Feb 13th, 2020
Fastener I Stock
Major Rebound in Jan. Fastener Distributor Index
One month after sinking to the lowest reading in its 9-year history, the FDI jumped back into expansion territory last month.
Feb 5th, 2020
The chamber of the House of Representatives is seen at the Capitol in Washington on Monday, Feb. 3 as it is prepared for President Donald Trump to give his State of the Union address Tuesday night.
Trump's Economy: Solid & Steady, But Vulnerable
Ahead of Trump's Tuesday night's State of the Union address, the economy has proved solid and durable, yet hasn't fulfilled many of his promises.
Feb 4th, 2020
I Stock 1132660268
Market for Small Businesses Rebounds
Besides tariffs, small business sales have also been affected by rising minimum wages and uncertainty about the November elections.
Feb 3rd, 2020
In this Dec. 3, 2019 file photo, workers erect a building under construction in Philadelphia. Spending on US construction projects edged down a slight 0.2% in December 2019, closing out a year when total construction registered its first annual decline in eight years.
Dec. US Construction Spending Dips 0.2%
It was the first monthly drop since June, while total 2019 spending was a setback.
Feb 3rd, 2020
In this May 10, 2019 file photo, a container ship is unloaded at the Virginia International Gateway terminal in Norfolk, VA.
US Factories Expand for 1st Time Since July
January snapped a five-month losing streak in US manufacturing business activity.
Feb 3rd, 2020
This Jan. 22 file photo shows the waterfront in Portland, ME.
US Economy Grew at 2.1% Rate in Q4
Growth was supported by solid but slower consumer spending and an improvement in the trade deficit.
Jan 30th, 2020
In this Nov. 13, 2019 file photo, Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington.
Fed Leaves Rate Alone, Sees Virus as Risk
The central bank said it would hold short-term rates in a range of 1.5% to 1.75%, far below levels that have been typical during previous expansions.
Jan 29th, 2020
President Donald Trump speaks during an event at the White House to sign a new North American trade agreement with Canada and Mexico on Jan. 29 in Washington.
What Trump's USMCA Actually Does
Here are some questions and answers about the new deal.
Jan 29th, 2020