Markets


Thanksgiving travel: Airport officials say plan ahead, allow extra time
- November 26, 2016

It's the day before Thanksgiving and more than 48-million people are expected to travel for the holiday. Ontario International Airport Authority officials, in its first holiday traffic forecast since taking control of the airport Nov. "Sunday actually is the busiest of all of those days combined, so that will be very busy day for us at the airport", said Cody. Amtrak said it had added extra trains and seats to accommodate rail passengers along some of its busiest lines, including along the ... (more...)
United Kingdom ambassador to U.S. meets May after Trump backs Farage for job
- November 26, 2016

Her 11th place ranking on the list of world leaders contacted by Trump after his November 8 victory was perceived as a humiliation in the United Kingdom, and was compounded when it emerged he had spent longer on the phone with journalist Piers Morgan following his victory. (more...)
Markets Right Now: US stocks edge higher in early trading Markets Right Now: US stocks edge higher in early trading
- November 26, 2016

The S&P 500 posted 52 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 319 new highs and 22 new lows. Small-company stocks continued to outpace the market. The yield on the 10-year Treasury note rose to 2.375% on Friday, according to Tradeweb, from a one-year closing high of 2.355% on Wednesday, amid concerns about higher inflation and interest rates. (more...)
Dem electors launch final salvo against Trump
- November 26, 2016

Democratic presidential candidate Hillary Clinton was not ready to concede the election to President-elect Donald Trump in the early morning hours of Wednesday, Nov. "The victor, by far, of the popular vote is the most qualified candidate for president in more than a generation". Elsewhere in The Post, Harvard Law professor Lawrence Lessig argues that electors should vote for whichever candidate won the nationwide popular vote unless the people went "crazy" and voted for someone outside "the ... (more...)
Rupee falls to 9-month low of 68.14 on Fed hike fears
- November 26, 2016

The Nasdaq Composite Index was down 15.92 points, or 0.30 percent, to 5,318.05. The Dow industrials and S&P 500 were also near record highs despite the day's decline. Higher interest rates also mean a stronger dollar. The dollar climbed to 109.89 yen from 109.15 yen. The euro fell to its lowest in almost a year, sinking to $1.0597 from $1.0614. (more...)
Volkswagen to shed thousands of positions as emissions scandal fallout continues
- November 26, 2016

VW's powerful unions said on Friday they had agreed to the cuts on a company promise to create 9,000 new jobs and boost investment in its growing electric auto division. "It's a major step forward, and undoubtedly one of the biggest in the history of the company", said Diess. The deal is apparently based around a commitment to "avoid forced redundancies in Germany until 2025" - a commitment that may limit Volkswagen's ability to be competitive with its global rivals, some analysts have ... (more...)
Is Black Friday losing more steam to online shopping?
- November 26, 2016

By 6 a.m., she and her two teenage daughters made it to the Mall of America in Bloomington, Minnesota. Cyber Monday, which has traditionally followed Black Friday for some years following the advent of online shopping, is normally seen as the optimum time to snag a bargain or two from Amazon or elsewhere - but some data suggests that shoppers may generally be going online to snap up Black Friday bargains full stop - avoiding the queues and the hustle and bustle of the insane weekend ... (more...)
Lufthansa pilots in two-day strike action
- November 26, 2016

Lufthansa late on Tuesday sought to prevent the strike from going ahead after a Frankfurt labor court earlier rejected its application for an injunction. German airline Lufthansa cancelled nearly 900 flights on Wednesday after a last-minute legal challenge to a planned pilot strike failed. The union is calling for a 3.7% pay rise for 5,400 aviators dating back to 2012. (more...)
Barrick Gold Corporation, (NYSE:ABX), Dollar Tree, (NASDAQ:DLTR) Barrick Gold Corporation, (NYSE:ABX), Dollar Tree, (NASDAQ:DLTR)
- November 26, 2016

Barclays PLC started coverage on shares of Dollar Tree in a research report on Thursday, September 22nd. The company's existing price is 88.68 with a change in volume of 12815000. Our results demonstrated a solid performance in our Dollar Tree segment, continued meaningful progress in our integration of Family Dollar, and our ability to refinance and pre-pay a portion of our outstanding debt in order to reduce future interest costs. (more...)
United Nations says conditions in Aleppo 'barely survivable' United Nations says conditions in Aleppo 'barely survivable'
- November 26, 2016

Meanwhile in the eastern part of the city, held by the rebels, medics say an entire family, including four children, were killed by a barrel bomb that contained chlorine gas. President Bashar Assad said earlier this week that Trump could prove to be a "natural ally" to Damascus . Shelling could still be heard on Monday afternoon in the eastern rebel-held areas of Aleppo, just hours ahead of a planned ceasefire mediated by the United States and Russian Federation. (more...)
Jailtley rejects Manmohan Singh's criticism of demonetisation Jailtley rejects Manmohan Singh's criticism of demonetisation
- November 26, 2016

Leader of Opposition Ghulam Nabi Azad said when it was made very clear by former Prime Minister Manmohan Singh and others during debate on demonetisation on Thursday that the opposition is against blackmoney, how can Modi make such allegations. (more...)
Trump's pledge to withdraw from Pacific trade pact worries Hawaii exporters
- November 26, 2016

Earlier, in his campaign, Donald Trump had stated that he would cancel the USA participation in the Trans-Pacific Partnership. "What that means, in practice, is the TPP agreement as now structured and finalized can only come into force if it's ratified by the United States - but that's not new", Freeland said. (more...)
Mobile shoppers fuel surging Black Friday online sales Mobile shoppers fuel surging Black Friday online sales
- November 26, 2016

Steve Bratspies, chief merchandising officer at Wal-Mart's USA division, said in addition to Black Friday favorites like televisions and toys, they were looking for drones, virtual reality products and hoverboards. "If it were up to me, I would be in my pajamas and on my computer at home". Hundreds of customers flocked to the mall on Thanksgiving waiting for department stores such as JCPenney to open. (more...)
Hundreds more flights canceled on day 3 of Lufthansa strike
- November 26, 2016

The airline said it had been forced to cancel more than 2,700 flights since the start of the walkout, which was called by the pilots' union Cockpit and is now set to last through Saturday. The Lufthansa pilots going on strike are demanding a pay rise of an average of 3.66 percent per year, retroactive for the past five years. Lufthansa had been offering 2.5 percent over six years to 2019. (more...)
Saudis optimistic for OPEC deal as oil nations hold more talks
- November 26, 2016

Diesel futures rose 0.41 cent, or 0.28%, to $1.4511 a gallon. Crude inventories climbed by 3.6 million barrels in the week to November 11 to 488.8 million, compared with analyst expectations for an increase of 1.5 million barrels. Oil slipped from a two-week high as OPEC made another push to finalize an accord on cutting output, while rising USA crude stockpiles added to the global glut. (more...)
Local jobless rate remains 3.1 percent, down from previous year Local jobless rate remains 3.1 percent, down from previous year
- November 26, 2016

The Oconto County unemployment rate was unchanged at 3.5 percent in October. DWD estimated the county added a net 100 jobs in the past year, with about 77,300 jobs last October compared to about 77,400 this September. Compared to October 2015, there were about 540 more people in the local workforce and almost 680 more people with jobs. "Overall the year-over-year unemployment rate increase is disappointing, but not unexpected given Illinois' lackluster rate of economic recovery since ... (more...)
Professor Obama Salutes Greece, Democracy in Athens "Globalization" Speech
- November 26, 2016

Yes, it's Obama's last foreign tour as president and he arrived in the Greek capital Athens on Tuesday under tight security. "I'll have more fun", he says. He lent symbolism to his commitment to democratic ideals Wednesday when he climbed the Acropolis in central Athens and toured the Parthenon, the 2,500-year-old temple built by ancient Greeks dedicated to the goddess Athena. (more...)
Trump tells supporters to stop harassment
- November 26, 2016

Justice Department will follow up on his campaign promise to "lock up" Hillary Clinton. "There are people, Americans, who are scared and some of them are demonstrating right now, demonstrating against you, against your rhetoric", Stahl said to the president-elect . (more...)
Seahawks 31, Patriots 24 Seahawks 31, Patriots 24
- November 26, 2016

But if there had been some doubt creeping in about Seattle's place in the National Football League hierarchy after a somewhat uneven 5-2-1 first half they were glad to prove every wrong. He would miss five plays before returning. The rule was instituted previous year. The 31-24 margin underrates how good the Seahawks were on offense. (more...)
Britain's May acknowledges business warning over Brexit 'cliff edge'
- November 26, 2016

British Prime Minister Theresa May, who said she will trigger the U.K.'s exit procedure by the end of March, had her preparations thrown into turmoil earlier this month when a court said she couldn't unilaterally begin the exit process and instead would require a vote in parliament. (more...)

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