Markets
China's Huawei faces new setbacks in Europe's telecom market
Why it is important: Huawei has faced increasing geopolitical pressure amid the arrest of its CFO and moves to block its equipment in worldwide markets. A United Kingdom company will strip all Huawei Technologies Co. equipment from a 2.3 billion pound (US$2.9 billion) project to equip police and ambulance workers with state-of-the-art communications gear, the Sunday Telegraph reported . [Full Article...]
Oil prices sink 6% as economic slowdown fears grip market
United States crude futures and global benchmark Brent hit their lowest levels since 2017 during the session, putting both benchmarks on track for losses of about 40 per cent in the fourth quarter. Due to the Christmas holiday, the API data will be released on Wednesday and the weekly EIA stock will be published on Friday. Just a couple of weeks after OPEC and its partners agreed to implement an... [Full Article...]
Schumer Flip-Flops on Border Security
Trump's own administration is in tatters. Senate Minority Leader Chuck Schumer and House Minority Leader Nancy Pelosi issued a joint statement Monday alleging that President Donald Trump "is plunging the country into chaos". Though both sides have traded offers over the dollars, they remain far apart on the wall. "We arrived at this moment because President Trump has been on a destructive, tw... [Full Article...]
Stores open for last minute Christmas Eve shopping
What's open on Christmas Eve? . With only a few hours left until retailers close their doors, we talked to last-minute shoppers could out to find their final gifts. Sam's Club: Open on Christmas Eve CLOSED CHRISTMAS DAY . LCBO stores will be open until 6 p.m. on Christmas Eve , and closed on Christmas Day . [Full Article...]
Houston Grocery Stores Open on Christmas Eve and Day
As for Target , Time has reported that the store hours are from 7 a.m.to 10 p.m. on Christmas Eve, and, like Walmart , Target is closed on Christmas Day 2018. And so does Kohl's which has been open non-stop since 7 a.m. on December 21. Subway, Jersey Mike's, Quiznos, Potbelly Sandwich Shop, Blimpie and Jimmy John's will be open on for all of your sandwich needs on Christmas Eve . [Full Article...]
NGO writes to NHRC on talc issue
The lawmakers, Senator Jeff Merkley and Representative Suzanne Bonamici, did not mention Johnson & Johnson by name but expressed "deep concern" about Friday's Reuters report , according to a copy of their letter dated December 19 and reviewed by Reuters . [Full Article...]
Stocks set fall after Steven Mnuchin’s odd statement fails to calm markets
The market briefly bounced back from its steep opening slide, then veered lower again around midmorning after President Donald Trump tweeted another volley of criticism at the Federal Reserve . Last week was the worst in a decade and the markets are tending to have the worst December since he Great Depression. Last week, the Dow lost 1,655 points, making it the worst week for the stock market ... [Full Article...]
Christmas miracle as cruise ship rescues adrift fishermen
The Royal Caribbean's Empress of the Seas cruise ship found the men in a small fishing vessel between Grand Cayman and Jamaica on December 21, spokesman Ted Miller told CNN . Halfway between Grand Cayman and Jamaica, in the evening, the crew spotted a light off the ship's starboard side. Rescue centers in Grand Cayman and Jamaica were contacted, but they were reportedly unable to provide assi... [Full Article...]