Archive for November, 2009
Black Friday sales barely up, online surges (Reuters)
CHICAGO (Reuters) –
In a worrisome sign for retailers, data released on Saturday showed that sales rose a scant 0.5 percent on the traditional kickoff to the holiday shopping season despite early signs of a strong showing.
A focus on bargains pulled shoppers into stores and onto websites over the Thanksgiving holiday weekend, but many said they [...]
29Nov2009 | it-y | 0 comments | Continued
Canada high court rules for Wal-Mart in union case (AP)
TORONTO – The Supreme Court of Canada said Friday that Wal-Mart Stores Inc. was entitled to close a store in Quebec in 2005, seven months after workers voted to become the first Walmart store in North America to unionize.
The highest court in Canada ruled in a 6-3 margin that the multinational had the right to [...]
Personal finance books for kids, teens and adults (AP)
AP – The approach of a new decade means a chance for a fresh start with your financial habits. Maybe your loved ones could use a nudge in that direction, too.
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29Nov2009 | it-y | 0 comments | Continued
Wall Street stocks drop on Dubai debt crisis (AFP)
NEW YORK (AFP) –
US stocks dropped in an abbreviated session Friday on concerns that Dubai's debt crisis could stall the global economic recovery from recession.
The Dow Jones Industrial Average fell 154.48 points (1.48 percent) to 10,309.92 as Wall Street returned from Thursday's Thanksgiving holiday.
All 30 Dow components ended in the red after the blue-chip index [...]
29Nov2009 | it-y | 0 comments | Continued
Stock futures signal sharp drop on Dubai jitters (Reuters)
PARIS (Reuters) –
U.S. stock index futures pointed to a sharp drop when Wall Street reopens on Friday for half a session following Thanksgiving, as fears over Dubai's debt woes knocked stock markets around the world.
At 1019 GMT, futures for the S&P 500 were down 1.9 percent, Dow Jones futures down 2.5 percent and Nasdaq 100 [...]
27Nov2009 | it-y | 0 comments | Continued