Markets
Japan court extends Ghosn detention by 10 days
The auto titan was re-arrested in Tokyo last Friday, further extending his detention since he was first arrested on November 19 . The move by the court comes as Tokyo prosecutors continue to grill the auto industry tycoon over allegations that he shifted a personal investment loss worth more than $16m to the Japanese carmaker. [Full Article...]
Shopping, banks, skiing and more: What's open and closed during Christmas
CVS Pharmacy and Rite Aid will be open Christmas day with normal pharmacy hours, but Walgreens stores - with the exception of the 24-hour stores - will close. Government offices will be closed on Christmas Day and Boxing Day , reopening on December 27. While Target chose to close all of its stores on Christmas day so employees could spend the holiday with their families, they've implement... [Full Article...]
Treasury Secretary Mnuchin Spent His Weekend Calling Top Bank Execs Post Shutdown
Mr Mnuchin's calls to the bankers came amid a partial government shutdown that began on Saturday following an impasse in Congress over Mr Trump's demand for more funds for a wall on the border with Mexico. Mr Trump has criticised the U.S. central bank for raising interest rates this year, which could further dampen economic growth. The Fed's independence is seen as a pillar of the USA financi... [Full Article...]
Businesses open on Christmas Day
Christmas Day - closed Boxing Day - 8 a.m.to 8 p.m. Kohl's will close it's doors at 6 p.m. on Christmas Eve and will remain closed on Christmas after being open around the clock since December 21st for its marathon holiday sales campaign. [Full Article...]
How major United States stock indexes fared Friday
With markets already shaky, any ongoing political dysfunction could lead to a dip in investor confidence, and hobble the economy's chances for continued growth. Investors are growing anxious that global economic growth is cooling off and that the USA could slip into a recession in the next few years. Stock indexes are meandering up and down in midday trading as the market steadies following two ... [Full Article...]
Boeing lands jet deals with Nigeria, Saudi Arabia for $9.3B
But industry sources said it could still pull off some deals before the close of the year, with leasing customers like SMBC Aviation among those eyeing the prospect of discounted prices as Airbus tries to narrow the gap and a deal not ruled out before end-year. [Full Article...]
Man finds a $10,000 surprise inside designer bag on subway
Richard Taverna, 63, was heading home when he saw a blue Chanel bag on the subway platform. The following morning, Taverna took the bag and its contents to the NYPD's 20th Precinct, where it was discovered that a woman had reported losing her purse on her way to visit Russian Federation, the New York Post reported. [Full Article...]
Markets set for worst year since crash as the sell-off continues
With that deadline looming, investors received another jolt in the final hour of trading when White House advisor Peter Navarro delivered hardline comments on the ongoing trade talks with China. The shares were temporarily boosted when John Williams, the President of the New York Fed, said that the Fed was open to reassessing its views. Technology and communications services stocks bore the brun... [Full Article...]