Markets
'Hard Brexit' could cost United Kingdom finance firms over Rs 2.5 lakh crore
- October 06, 2016
The figures would double because of the interconnected nature of the British financial sector, which has grown over the years to include other a large variety of financial and related professional services firms, the report noted. It acknowledged that while it is impossible at this stage to predict what the UK's new relationship with the European Union will be, the final outcome is likely to fall somewhere between these two ends of the spectrum. (more...)
- October 06, 2016
The figures would double because of the interconnected nature of the British financial sector, which has grown over the years to include other a large variety of financial and related professional services firms, the report noted. It acknowledged that while it is impossible at this stage to predict what the UK's new relationship with the European Union will be, the final outcome is likely to fall somewhere between these two ends of the spectrum. (more...)
Iron County stresses voting guidelines
- October 06, 2016
This is a nice step forward in making voting easier and more convenient for citizens. If you're not sure whether you need to register to vote, maybe you should register right now. South Dakota allows no-excuse absentee voting so voters do not have to provide an approved excuse for why they are choosing to absentee vote. This has been a point of confusion for some voters over the years. (more...)
- October 06, 2016
This is a nice step forward in making voting easier and more convenient for citizens. If you're not sure whether you need to register to vote, maybe you should register right now. South Dakota allows no-excuse absentee voting so voters do not have to provide an approved excuse for why they are choosing to absentee vote. This has been a point of confusion for some voters over the years. (more...)
Mall of America Gives Thanksgiving Back to Employees
- October 06, 2016
But even though the sales are advertised for the Friday after Thanksgiving, many stores have begun to open on Thanksgiving night, in order to accommodate consumer demands. At the same time , earlier openings have not led to more revenue for retailers, just spread out shopping over more days, analysts have noted. But over the past several years, Thanksgiving has become the new tradition. (more...)
- October 06, 2016
But even though the sales are advertised for the Friday after Thanksgiving, many stores have begun to open on Thanksgiving night, in order to accommodate consumer demands. At the same time , earlier openings have not led to more revenue for retailers, just spread out shopping over more days, analysts have noted. But over the past several years, Thanksgiving has become the new tradition. (more...)
Mall of America says it's closed this Thanksgiving
- October 06, 2016
The mall notified tenants and employees of the closure this morning, according to the Minneapolis Star Tribune . "That is why this year we have made the decision to close on Thanksgiving Day", read the letter, co-authored by mall Executive Vice President Rich Hoge and Senior Vice President of Marketing Jill Renslow. (more...)
- October 06, 2016
The mall notified tenants and employees of the closure this morning, according to the Minneapolis Star Tribune . "That is why this year we have made the decision to close on Thanksgiving Day", read the letter, co-authored by mall Executive Vice President Rich Hoge and Senior Vice President of Marketing Jill Renslow. (more...)
Mall of America will be closed on Thanksgiving (sorta)
- October 06, 2016
According to The Minneapolis Star Tribune , Mall of America will "close down as many of its operations as possible" on Thanksgiving day. In recent years, the shopping center was open on Thanksgiving Day. Shopping creep had slowly been invading the Minnesota shopping behemoth over the years. "We have a lot of specialty retailers that have a smaller staff, and for them it's a huge sense of relief". (more...)
- October 06, 2016
According to The Minneapolis Star Tribune , Mall of America will "close down as many of its operations as possible" on Thanksgiving day. In recent years, the shopping center was open on Thanksgiving Day. Shopping creep had slowly been invading the Minnesota shopping behemoth over the years. "We have a lot of specialty retailers that have a smaller staff, and for them it's a huge sense of relief". (more...)
Mall of America to close for Thanksgiving Day
- October 06, 2016
The mall is leaving it up to its 500-plus store owners on whether they want to open their doors to bargain-seeking shoppers on the holiday. In a letter issued to Mall of America employees and tenants, Executive Vice President Rich Hoge and Senior Vice President of Marketing Jill Resnlow said, "In years past we've all rallied together to answer the call for 24/7 shopper access that the Thanksgiving/Black Friday weekend brings". (more...)
- October 06, 2016
The mall is leaving it up to its 500-plus store owners on whether they want to open their doors to bargain-seeking shoppers on the holiday. In a letter issued to Mall of America employees and tenants, Executive Vice President Rich Hoge and Senior Vice President of Marketing Jill Resnlow said, "In years past we've all rallied together to answer the call for 24/7 shopper access that the Thanksgiving/Black Friday weekend brings". (more...)
Mall of America to be closed on Thanksgiving
- October 06, 2016
According to a letter sent to mall tenants and employees Wednesday morning, the decision was made so "team members can put that energy where it matters most, into making memories with the people they care about most". The mall's press release emphasizes its desire to deliver a guest experience. Before you know it, Thanksgiving and Christmas will be upon us, which means the frenzy of holiday sales and shopping is about to begin. (more...)
- October 06, 2016
According to a letter sent to mall tenants and employees Wednesday morning, the decision was made so "team members can put that energy where it matters most, into making memories with the people they care about most". The mall's press release emphasizes its desire to deliver a guest experience. Before you know it, Thanksgiving and Christmas will be upon us, which means the frenzy of holiday sales and shopping is about to begin. (more...)
Nation's biggest shopping mall decides not to open on Thanksgiving
- October 06, 2016
The movie theaters at all three of the malls will likely remain open on Thanksgiving day. Given its size and status, the move could inspire other stores to follow suit. And according to Time , shoppers spent$1.8 billion in stores on Thanksgiving alone past year - long before competing stores opened their doors the following morning. (more...)
- October 06, 2016
The movie theaters at all three of the malls will likely remain open on Thanksgiving day. Given its size and status, the move could inspire other stores to follow suit. And according to Time , shoppers spent$1.8 billion in stores on Thanksgiving alone past year - long before competing stores opened their doors the following morning. (more...)
Mall of America to close for Thanksgiving
- October 06, 2016
Hopefully, with Mall of America making this decision, other stores and malls will choose to follow suit. The massive shopping center has been open on Thanksgiving Day every year since 2012. It remains to be seen whether the change will affect sales over the Black Friday weekend when about 400,000 people typically visit the mall during the Thursday-to-Sunday period. (more...)
- October 06, 2016
Hopefully, with Mall of America making this decision, other stores and malls will choose to follow suit. The massive shopping center has been open on Thanksgiving Day every year since 2012. It remains to be seen whether the change will affect sales over the Black Friday weekend when about 400,000 people typically visit the mall during the Thursday-to-Sunday period. (more...)
Mall of America to close on Thanksgiving
- October 06, 2016
Given its size and national status, the Thanksgiving Day closure could lead to other malls and major retailers to follow suit. Last year, more than 150 stores in the mall opened at 6 p.m. Both the NorthTown and Spokane Valley malls were open last year, but have not decided what to do this year. It remains to be seen whether the change will affect sales over the Black Friday weekend when about 400,000 people typically visit the mall during the Thursday-to-Sunday period. (more...)
- October 06, 2016
Given its size and national status, the Thanksgiving Day closure could lead to other malls and major retailers to follow suit. Last year, more than 150 stores in the mall opened at 6 p.m. Both the NorthTown and Spokane Valley malls were open last year, but have not decided what to do this year. It remains to be seen whether the change will affect sales over the Black Friday weekend when about 400,000 people typically visit the mall during the Thursday-to-Sunday period. (more...)
Deutsche Bank Doesn't Need a Bailout-For Now, IMF Says
- October 06, 2016
The fund says Germany's largest bank by assets needs to speed up an overhaul as it transitions away from what the IMF calls a "dated business model" that relies heavily on a large portfolio of assets. The amount, close to Deutche Bank's total market value of $18b, triggered a crisis of confidence in the bank. Weak profitability in a low-interest-rate, low-growth environment could erode European banks' buffers over time, undermining their ability to support an economic recovery and weakening ... (more...)
- October 06, 2016
The fund says Germany's largest bank by assets needs to speed up an overhaul as it transitions away from what the IMF calls a "dated business model" that relies heavily on a large portfolio of assets. The amount, close to Deutche Bank's total market value of $18b, triggered a crisis of confidence in the bank. Weak profitability in a low-interest-rate, low-growth environment could erode European banks' buffers over time, undermining their ability to support an economic recovery and weakening ... (more...)
Chicago suspends Wells Fargo from city business for a year
- October 06, 2016
Wells Fargo Chief Executive Officer John Stumpf recently said he did not expect the bank to waive the clauses. "The remarks, made in Toledo, Ohio, bring renewed scrutiny to the bank, which has been in damage control mode since regulators alleged almost a month ago that its employees may have opened as many as two million accounts without customers" knowledge or permission over an approximately five-year period beginning in 2011. (more...)
- October 06, 2016
Wells Fargo Chief Executive Officer John Stumpf recently said he did not expect the bank to waive the clauses. "The remarks, made in Toledo, Ohio, bring renewed scrutiny to the bank, which has been in damage control mode since regulators alleged almost a month ago that its employees may have opened as many as two million accounts without customers" knowledge or permission over an approximately five-year period beginning in 2011. (more...)
Minority Samsung investor says it backs Elliot restructuring proposals
- October 06, 2016
Elliott, in a Wednesday letter addressed to Samsung's board, requested that the company consider streamlining its business, paying a special $27 billion dividend to shareholders, and listing its shares on the Nasdaq, which would enhance investor access. (more...)
- October 06, 2016
Elliott, in a Wednesday letter addressed to Samsung's board, requested that the company consider streamlining its business, paying a special $27 billion dividend to shareholders, and listing its shares on the Nasdaq, which would enhance investor access. (more...)
Trump takes credit for Mike Pence's debate win
- October 06, 2016
Tim Kaine during the vice-presidential debate at Longwood University in Farmville, Tuesday. Hillary Clinton scored a bounce after the first presidential debate, but the Democratic nominee still has her work cut out for her in Ohio. He said that Clinton supports overturning the ban on partial-birth abortion ( she doesn't ). "When Donald Trump says women should be punished or Mexicans are rapists and criminals, or John McCain's not a hero, he is showing you who he is", Kaine argued. (more...)
- October 06, 2016
Tim Kaine during the vice-presidential debate at Longwood University in Farmville, Tuesday. Hillary Clinton scored a bounce after the first presidential debate, but the Democratic nominee still has her work cut out for her in Ohio. He said that Clinton supports overturning the ban on partial-birth abortion ( she doesn't ). "When Donald Trump says women should be punished or Mexicans are rapists and criminals, or John McCain's not a hero, he is showing you who he is", Kaine argued. (more...)
O'Neill set to risk Koeman ire over McCarthy
- October 06, 2016
Newcastle's Murphy is out with a calf problem while goalkeeper Keiren Westwood has a thigh injury, as has Anthony Pilkington, who is expected to miss out along with fellow midfielder Stephen Quinn, who faces several weeks on the sidelines with knee damage. (more...)
- October 06, 2016
Newcastle's Murphy is out with a calf problem while goalkeeper Keiren Westwood has a thigh injury, as has Anthony Pilkington, who is expected to miss out along with fellow midfielder Stephen Quinn, who faces several weeks on the sidelines with knee damage. (more...)
FTSE 100 soars above 7000 as pound hits new 31-year low
- October 06, 2016
Sterling plunged to a new 31-year low against the dollar on Tuesday as fears over a so-called "hard Brexit" intensified. "Phillip Hammond, the UK's new Chancellor, didn't help the pound either when he suggested that George Osborne's fiscal rules will be abandoned and Government spending increased". (more...)
- October 06, 2016
Sterling plunged to a new 31-year low against the dollar on Tuesday as fears over a so-called "hard Brexit" intensified. "Phillip Hammond, the UK's new Chancellor, didn't help the pound either when he suggested that George Osborne's fiscal rules will be abandoned and Government spending increased". (more...)
Eighties boyband Bros are getting back together
- October 06, 2016
Eighties boyband Bros are reuniting for a 30th anniversary gig after 24 years. Debut album Push topped the charts in 19 countries, while the band also inspired smitten teenagers to attach Grolsch bottle caps to their shoes. The singer had recently quashed speculation surrounding their reunion, saying: " Bros is always surrounded by rumours". "Last year, I can honestly say I didn't think it was going to happen". (more...)
- October 06, 2016
Eighties boyband Bros are reuniting for a 30th anniversary gig after 24 years. Debut album Push topped the charts in 19 countries, while the band also inspired smitten teenagers to attach Grolsch bottle caps to their shoes. The singer had recently quashed speculation surrounding their reunion, saying: " Bros is always surrounded by rumours". "Last year, I can honestly say I didn't think it was going to happen". (more...)
Google introduces its first smartphone, Wi-Fi system and a VR headset
- October 06, 2016
Now, Google is doing the same with the upcoming Pixel phones running Google's Android system. However, the real aim may be for Google to draw users even further into Google's ecosystem. "It is a good attempt by Google to give an alternative to Apple's iPhone within the Android operating platform", said Faisal Kawoosa, head of telecoms practice at Cybermedia Research. (more...)
- October 06, 2016
Now, Google is doing the same with the upcoming Pixel phones running Google's Android system. However, the real aim may be for Google to draw users even further into Google's ecosystem. "It is a good attempt by Google to give an alternative to Apple's iPhone within the Android operating platform", said Faisal Kawoosa, head of telecoms practice at Cybermedia Research. (more...)
Canada's trade deficit shrinks to eight-month low as exports rise
- October 06, 2016
Imports of goods and services fell $101 million to $28.87 billion. Economists surveyed by The Wall Street Journal and Bloomberg projected a $39.2 billion deficit for August, while economists surveyed by Reuters projected a $39.3 billion deficit for the month. (more...)
- October 06, 2016
Imports of goods and services fell $101 million to $28.87 billion. Economists surveyed by The Wall Street Journal and Bloomberg projected a $39.2 billion deficit for August, while economists surveyed by Reuters projected a $39.3 billion deficit for the month. (more...)
Haley updates coastal evacuations ahead of Matthew
- October 06, 2016
ET Wednesday in the historic city of Charleston and other coastal communities. For coastal residents evacuating, Haley warned that hotels in the midlands are already booked. All coastal schools will be closed starting Wednesday, including those in Darlington, Dillon, Florence, Georgetown, Horry, Marion, Marlboro and Williamsburg counties, Haley said. (more...)
- October 06, 2016
ET Wednesday in the historic city of Charleston and other coastal communities. For coastal residents evacuating, Haley warned that hotels in the midlands are already booked. All coastal schools will be closed starting Wednesday, including those in Darlington, Dillon, Florence, Georgetown, Horry, Marion, Marlboro and Williamsburg counties, Haley said. (more...)
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