U.S. Retail Sales Climb More Than Expected Amid Jump In Gas Prices

Retail sales in the U.S. increased by more than anticipated in the month of October, the Commerce Department revealed in a report released on Thursday. The Commerce Department said retail sales advanced by 0.8 percent in October following a revised 0.1 percent dip in September. Economists had expected retail sales to climb by 0.5 percent compared to the 0.1 percent […]

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‘Govt.-RBI stand-off not good situation’

RBI board member Gurumurthy’s comment comes amid differences over several issues Ahead of the much talked about board meeting of the central bank, RBI board member S. Gurumurthy Thursday said the stand-off between the government and the Reserve Bank was not a happy situation. The comment comes amid the ongoing rift between the Finance Ministry and the RBI over several […]

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J.C. Penney misses sales mark and expects full-year decline, shares dip

J.C. Penney expects its struggles to continue through the holiday season as the department store chain forecast store sales declines for the full-year. Total sales fell 5.8 percent during the three-month period that ended Nov. 3, as the retailer marked down merchandise to clear out excess inventory, the company said Thursday. Sales of $2.65 billion during the third quarter, compared […]

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16 most Googled ‘laws’ and whether they’re really illegal

Is it really illegal to park on the pavement and can you actually drive in flip flops? From driving attire to growing hemp and vaping indoors – millions of people seem to be baffled by what they are and are not legally allowed to do. In fact, they’re amongst the most confused ‘laws’ in the UK – the questions we […]

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UK Retail Sales Unexpectedly Fall In October

UK retail sales declined for a second straight month in October, defying expectations for an increase, amid a sharp decrease in sales of household goods, preliminary data from the Office for National Statistics showed on Thursday. Sales volume including automotive fuel dropped 0.5 percent from September, when they fell 0.4 percent, revised from a 0.8 percent slump. Economists had forecast […]

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As God Is My Witness, I Thought Turkeys Could Fly!

The U.S. Transportation Safety Administration (TSA) expects more than 25 million travelers to pass through airport screening checkpoints during the Thanksgiving holiday travel season. And because Thanksgiving is about food, lots of travelers will be packing family favorites to take along to the festivities. And, in case you didn’t know, turkeys can fly, even in your carry-on luggage. Of course, […]

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Ashland To Sell Composites Business, Butanediol Facility To INEOS For $1.1 Bln

Ashland Global Holdings Inc. (ASH) said that it agreed to sell its Composites business and the butanediol or BDO manufacturing facility in Marl, Germany, to INEOS Enterprises in a transaction valued at approximately $1.1 billion. The transaction is expected to close prior to the end of the June 2019 quarter, contingent on certain customary regulatory approvals, standard closing conditions and […]

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Dillard Inc. Earnings Drop In Q3

Dillard Inc. (DDS) announced a profit for third quarter that fell from the same period last year. The company’s earnings came in at $7.4 million, or $0.27 per share. This compares with $14.5 million, or $0.50 per share, in last year’s third quarter. The company’s revenue for the quarter rose 5.2% to $1.42 billion from $1.35 billion last year. Dillard […]

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