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Business

Mall of America Welcomes Its First-Ever Black Santa

Santa Larry Jefferson poses for a photo with Kingston Strong, 2, of Minneapolis at the Santa Experience at Mall of America. "He said, 'Hey, if you want to work in Minnesota, we'll treat you nice, '" Santa Larry told the Washington Post .

Business

All-party committee recommends proportional voting system, referendum

It's a win for the Tories, who've been gunning for a referendum from the beginning, though they haven't stated a preferred system. The Liberals, who designed and chaired the committee, disagreed with the conclusion of their colleagues and then Maryam Monsef, the minister of democratic institutions, lied about it.

Business

Southern Rail passengers to be paid compensation for disruptions

While the 1.9 per cent rise will be one of the lowest increases since the railways were privatised, the TUC claims fares have risen at twice the pace of wages since 2010. "Passengers on Southern and Gatwick Express will also be the first in the country to benefit from the introduction of the more generous " delay repay " scheme which, effective from (Sunday) 11 December, will now offer passengers compensation for train delays over 15 minutes rather than the current 30 minutes.

Business

Unemployment rate tumbles to a 9-year low

Fed Chairwoman Janet L. Yellen and other central bank officials have indicated a small rate hike was coming this month as long as the labor market and broader economy continued to improve. The November job growth was an improvement from October's downwardly revised 142,000 figure. That's the lowest since September of 2007. That's good, but it's not quite good enough to convince the core of the Fed that wages will accelerate if they don't hike rates.

Business

World's oldest person reveals her secret to longevity

She received a greeting from Italy's president, read by an official, wishing her "serenity and good health", and appeared for a brief live broadcast on state-run television. 29, 2016. A relative told The Daily Telegraph that Morano said , "My word, I'm as old as the hills". A woman considered as the world's oldest living person turned 117 in northwest Italy on Tuesday.

Business

Things to Cheer for on Championship Weekend

Yes, Michigan lost last week at Ohio State in double overtime and also fell at Iowa on a last-second field goal, losing two of its last three games. 8 team. The Sooners got crushed by Ohio State in Norman. Wisconsin played MI tighter and did it at the Big House. Washington is also a victor here because they now seemingly control their own destiny.

Business

November payrolls seen strong, to cement rate hike views

The unemployment rate saw a sharper-than-anticipated 4.6% drop from 4.9% in October, reaching the lowest level in nine years. Employment in other major industries, such as mining (that includes oil and gas), manufacturing, wholesale trade, retail trade, transportation and warehousing, information, financial activities, leisure and hospitality, and government, didn't change much in November.

Business

Oil deal will mean petrol price rises

Alexander Novak, the Russian energy minister, said on Wednesday that Russia was going to look at the cut "but within technical parameters". There are now nearly as many drilling rigs running in the Permian as in the rest of the country combined, including offshore.

Business

OPEC seeks to shrink oil stockpiles to revive prices

Without a cut, we would've expected OPEC production to average around 33-34 million barrels a day, which would be well north of the 32.5-million-barrels-a-day ceiling announced yesterday. However, there are also doubts as to what extent Moscow is technically able to implement a production cut. Dr. Emmanuel Ibe Kachikwu, the Minister of State for Petroleum Resources, led Nigeria's delegation at the meeting and the negotiation, which saw Nigeria get an exemption from the production cut.

Business

Unemployment drops for black Americans and high school grads

The U.S. economy added 178,000 jobs in November, and the unemployment rate fell to 4.6 percent , according to a much-anticipated report Friday from the Labor Department. "This jobs report paves the way for Fed rate hikes", said Jason Schenker, president of Prestige Economics. That helped lower an alternative gauge of unemployment that includes involuntary part-time workers and discouraged would-be workers, to 9.3 percent, the lowest since 2008.

Business

US November payrolls seen strong, to cement rate hike views

In the previous week claims increased 18,000. United States nonfarm payrolls increased by 178,000 jobs last month after increasing by 142,000 in October, the Labor Department said on Friday. The figure still remains elevated from average levels in the 2000s. Japan's gross domestic product increased for a second straight month in October, the Japan Center For Economic Research said in a report on Thursday.

Business

Unemployment Rate Hits Lowest Level Since Financial Crisis

That left job gains for the two-month period 2,000 lower than previously reported. The headline United States unemployment rate came in at 4.6 percent in November, down three-tenths of a percentage point from October and its lowest level since August 2007, the Labor Department said Friday.

Business

South Korean ruling party urges Park to quit in April

However, since Park's speech, Saenuri Party members, including from the anti-Park faction, have called for negotiations over her possible resignation. Local news agency Yonhap reported that the two liberal camps failed to narrow their differences during afternoon talks, so the plan is to ensure the rebel Saenuri faction fulfills its vow to back an impeachment motion December 9.

Business

Deputy PM: Government won't change forecast on oil price after OPEC decision

The deal will see output cut by 1.2 million bpd from January 2017. The Saudis had seen this movie before. The Russian government won't change its outlook for oil prices after the decision of OPEC on oil production cut, Deputy Prime Minister Arkady Dvorkovich told reporters.

Business

Jim Delligatti, creator of the Big Mac, dies at 98

He helped many employees become franchise owners and was also involved in Pittsburgh-area charities. With its trademark double beef patties, lettuce, cheese, pickles, onions and pale orange sauce, Delligatti's creation would gain a special place in McDonaldland lore in the 1970s as "Officer Big Mac ", an anthropomorphic authoritarian entree.

Business

The jobless rate falls, for all the wrong reasons

Bureau of Labor Statistics reported Friday . The data release was the final one to come before the Federal Reserve's December 13-14 meeting, where the central bank may announce its first rate increase in a year. The unemployment rate fell to levels not seen since August 2007 , before a bubble in the USA housing market began to burst. Despite job growth, average payout per hour declined by 3 cents to $25.89.

Business

Putin Calls To Repair Relationship With US

The Russian president said this during his annual state of the nation address on Thursday. Putin said his country does not "want" or "need" any confrontation in the speech at the Kremlin, the state-owned TASS news agency reported. Trump however, has praised Putin's leadership and said he will improve relations with Russian Federation. "President-elect Trump noted to President Putin that he is very much looking forward to having a strong and enduring relationship with Russia and the ...

Business

Nokia and Hewlett Packard Enterprise expand collaboration on Enterprise of Things

The stock has relative volume of 1.20. Hanlon Investment Management Inc. now owns 276,636 shares of the company's stock valued at $5,054,000 after buying an additional 44,500 shares during the period. The mean price target for the equity is at $23.82 while the highest price target suggested by the brokerage firms is $28.00 and low price target is $13.00.

Business

DirecTV Now Streaming Service Available for Cheap on November 30

HBO is traditionally $15 a month through bundled TV services or its own HBO NOW streaming service, but AT&T did not characterize this in the announcement as a promotional price. AT&T is taking advantage of this by launching new video streaming services namely FreeVIEW , Fullscreen , and DIRECTV NOW . It offers many popular major channels and networks you'd expect to see in a traditional TV package, and is available on multiple platforms.

Business

BlackRock's Rieder adds exposure to European banks ahead of Italy vote

Even more alarming, the gap between Italian 10-year bond yields and benchmark German bunds has widened to 186 basis points (1.86 percentage points), compared with 97 basis points at the start of 2016. Italian banks hold some 360 billion euros ($381 billion) of bad loans, roughly 40 percent of all bad loans across the euro zone. Clearly any banking crisis could trigger selling on the financial and stock markets, too.

Business

Ottawa REDBLACKS win 104th Grey Cup in overtime

Mitchell threw three interceptions for the Stampeders. He said that he'll take the off-season to decide if he will return. So it was like, guys, we've been in this position before, lets go out and be exactly who they thought we were - the team who nobody gave respect but all we ever did was win when it mattered most.

Business

Samsung to raise dividends, may split

Samsung said in the statement that it's now undertaking a review, expected to last at least six months, to determine the "optimal corporate structure". Investors and analysts have long viewed such a split as a way for Lee family scion Jay Y. Lee and his two sisters to boost their control of South Korea's top conglomerate, the Samsung Group.

Business

Most Of Airline Stocks Remain In Green After Delta Air Lines, Inc

Other large investors have also recently modified their holdings of the company. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new position in Delta Air Lines during the second quarter valued at $124,000. On average, equities analysts predict that Delta Air Lines will post $5.70 earnings per share for the current fiscal year. This represents a $0.81 annualized dividend and a dividend yield of 1.70%.

Business

Russian central bank said it was victim of attempted cyber heist

Also the Bank of Russian Federation confirmed the heist to CNN . Central bank official Artyom Sychyov said in a public briefing that hackers previously wanted to steal approximately 5 million rubles, but the bank's security team managed to partly block the attack and reduce damages to 2 million rubles.

Business

Tacoma officer killed in shooting was 'model police officer'

Police were unaware during most of the standoff that the man in the house was Johnson and that they'd received an "officer safety" bulletin about him weeks ago. She barricaded herself in the bathroom during the shooting and escaped. "And he demonstrated that every day that he came to work", Ramsdell said. The officer was fatally shot while on duty two days prior.

Business

Rally At Cleveland Airport Part Of Nationwide Day Of Action

The protestors said this rally was in solidarity with workers in New Jersey and across the country who are still fighting. Striking workers are protesting in Kansas City for a higher minimum wage as part of rallies nationwide. Airport workers said they didn't want to strike the day before thanksgiving during the busiest travel day. Why? "All these people don't have savings because we're working check to check", Cabral said.

Business

Italian Banks On Edge Ahead Of Vote

Polls now suggest the Italian referendum, supported by Prime Minister Matteo Renzi, is likely to be voted down. He has threatened to resign if the reforms were voted down in the referendum. Opinion polls can not be legally published in the final two weeks of campaigning, but the last 40 surveys released before the November 18 cut-off showed the "No" camp ahead by up to 11 percentage points.

Business

Trump's dilemma: slower job growth or rising rates and inflation?

One factor behind the new lower number was the continuing refusal of the labor-participation rate to improve. "With the USA presidential election suspense now behind us, it is Yellen's rhetoric which will be of most interest to investors as they look ahead at what to expect in the new Trump era next year".

Business

Carrier Corp. Offered $7M In Incentives To Retain U.S. Jobs

Vice President-elect Mike Pence waves to workers as he leaves following a speech by President-elect Donald Trump at Carrier Corp Thursday, Dec. 1, 2016, in Indianapolis . Everyone-even the Obama White House-is hailing the move as a great political victory, and in the short term it is for those Indianapolis workers, who make more than $20 an hour on average.

Business

Trump's Pennsylvania lead shrinks as counties wrap up counts

Only Menominee County, home to the Menominee Indian Reservation, fully reported its recounted results on the first day. Even Michigan's Attorney General Bill Schuette petitioned the Michigan Supreme Court on Friday asking it to intervene and stop the recount , calling it "frivolous and expensive".

Business

Michigan GOP Leader Calls On Clinton To Stop Jill Stein's 'Temper Tantrum'

Michigan's presidential election results were certified by the Board of State Canvassers at a meeting on Monday. They deadlocked along party lines Friday, which meant the recount would proceed, but then the lawsuits started flying. Alex Halderman, claimed to have uncovered "persuasive evidence" that the election results in the three battleground states could have been hacked. Green Party candidate Jill Stein filed suit against state election officials in federal court in Detroit late ...

Business

Italian banking stocks drop further ahead of country's crucial referendum

Italy's FTSE MIB suffered the heaviest losses, down 1.5% as bank stocks slumped amid concerns the referendum on constitutional reform could precipitate the fall of Prime Minister Renzi's government. When Renzi unveiled the constitutional reform in 2014 some 70 percent of Italians supported it, and in a fit of over-confidence that he now accepts was a bad mistake, the youthful premier tied his political future to the project.

Business

Markets Right Now: Dow surpasses 19000 for first time

The blue-chip index added more than 60 points to close at 19,023 points, finishing beyond the 19,000 level for the first time in history Meanwhile the S&P 500 ticked up 0.2% and the Nasdaq added 0.3%. It slipped Monday but has been trading around 13-year highs. The broader market's momentum has also been fueled by gains in the energy sector, which saw oil prices rally almost 4% in the prior session.

Business

Unemployment Drops To Its Lowest Point In More Than Nine Years

That's the lowest rate that economic measure has been since August 2007 , and is near what the Federal Reserve calls full employment . Incorporating revisions that lowered September and October's tallies by 2,000 jobs total, job gains have averaged 176,000 over the past three months and 180,000 for the year so far.

Business

Shoppers flood Valley View Mall on Black Friday

The board games are priced right this year. This made-up holiday was created to encourage shoppers to purchase goods from e-commerce sites once they had returned to their offices after the holiday weekend and had access high-speed internet.


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