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Markets

But at a NY bankruptcy court, Sears' lawyers told a judge that the company was prepared to consider a revised offer from Sears' chairman Eddie Lampert's ESL hedge fund. But it wasn't immediately clear just how much additional cash Lampert will pay for the assets. That bid had included $1.3bn (£1bn) in financing from three institutions, ESL said in a statement.
  • World’s Most-Prized Fish Sold for $3.1 Million in Tokyo

    World’s Most-Prized Fish Sold for $3.1 Million in Tokyo

    Markets

    Saturday's event was the first New Year auction of the Toyosu market, after the famed Tsukiji fish market shut last year to provide temporary parking for the Tokyo 2020 Summer Olympics. Opened in 1935, Tsukiji was best known for its pre-dawn daily auctions of tuna, caught from all corners of the world, for use by everyone from top Michelin-star sushi chefs to ordinary grocery stores.
  • Nigeria ships fewer oil cargoes to US

    Nigeria ships fewer oil cargoes to US

    Markets

    Oil's positive start to 2019 follows its worst quarter in four years and a 20 percent annual loss driven by panic over a growing glut of crude. Prices pared gains on Friday after data from the U.S. Recent poor manufacturing data from China, for example, had a negative effect on the oil price since Chinese factories are a major consumer of crude.
  • Comox Valley property assessments on the rise

    Comox Valley property assessments on the rise

    Markets

    A study by Mr. Yan showed that 99.7 per cent of detached properties in the city of Vancouver had an assessed value of at least $1-million in mid-2016, but he predicts that detached listings for less than $1-million will no longer be such a rare sight within city limits in 2019.
  • Fed Chair Says He Won't Resign If President Trump Asks Him To

    Fed Chair Says He Won't Resign If President Trump Asks Him To

    Markets

    Earlier on Friday, the Labor Department reported that nonfarm payrolls jumped by 312,000 jobs, well above market expectations, while wages and labour force participation rose, all signals of sustained economic strength. Powell's Fed hiked rates four times previous year and projections from its December 19 meeting show officials expect two more hikes in 2019. "Investors and Fed officials will certainly take some comfort from today's stellar jobs report ", Oxford Economics said in a ...
  • RBI has reduced printing of Rs 2,000 notes to a minimum

    RBI has reduced printing of Rs 2,000 notes to a minimum

    Markets

    Amid reports suggesting that Rs 2,000 notes will be gradually phased out, an official from the Department of Economic Affairs said on Friday (December 30) that there no decision yet on printing more. However, the cut in circulation doesn't translate into the note being deemed invalid. So, two years after its introduction, the currency note which aimed at ending circulation of fake currency and black money, appears headed to a slow extinction.
  • Shutdown could delay IRS tax refunds

    Shutdown could delay IRS tax refunds

    Markets

    The IRS can not process taxes if the government is still shut down; which means you may not see your tax refund as soon as previous years. And what if the government shutdown continues deep into tax season? An IRS spokesperson would not speculate on how long the shutdown would have to last in order to result in a delay of refunds, CNBC reports .
  • Top Democrat: Trump says he'd shut government for years

    Top Democrat: Trump says he'd shut government for years

    Markets

    It was a short celebration before the really hard work begins. She did so from 2007 to 2011. And while most Democrats in Congress, including House Speaker Nancy Pelosi , say they are waiting for the cases to play out before taking action, some aren't being so patient.
  • United States and China to hold trade talks in Beijing next week

    United States and China to hold trade talks in Beijing next week

    Markets

    It said the American delegation will be led by a deputy USA trade representative , Jeffrey D. Gerrish, but gave no other details of the agenda or participants. warrant . "China wants the trade war to end, and they are offering signs of that", said a U.S. source familiar with the discussions. The Wall Street Journal earlier reported about the trip and said that if there is progress in negotiations, Chinese trade officials led by Vice Premier Liu He will follow up with talks in Washington ...
  • Is it the China slowdown or is it just Apple?

    Is it the China slowdown or is it just Apple?

    Markets

    Cook also spoke of "rising trade tensions with the United States " which has seen Apple become the target of a boycott campaign by prominent Chinese companies, something which has escalated more when Huawei's CFO was arrested in Canada.
  • Airport water fountains tested after passengers get sick

    Airport water fountains tested after passengers get sick

    Markets

    Tampa International Airport officials say the six passengers on Flight 1397 were not traveling together, and their primary symptom was vomiting . We're told health officials immediately boarded the plane and removed the six passengers. Tiffany McKinney, a passenger on the flight told WFLA-TV that people were "just coming out of nowhere" and throwing up. The city also emphasized in its statement that the cause may very well turn out to be unrelated to drinking water.
  • MI ranks 10th on list of most moved-from states

    MI ranks 10th on list of most moved-from states

    Markets

    The company has determined that IL has experienced more outbound moves than inbound since 2009. A higher percentage of people moved out of state than anywhere else in the county. The Mountain West states were popular choices for retirees. The Mountain West and South regions saw high percentages of inbound moves. New additions to the 2018 top outbound list include Iowa (55.5 percent), Montana (55 percent) and MI (55 percent).
  • How major United States stock indexes fared Monday

    How major United States stock indexes fared Monday

    Markets

    The major stock indexes posted their worst yearly performances since the financial crisis of 2008-2009. The S&P index recorded no new 52-week highs or lows, while the Nasdaq recorded three new highs and 52 new lows. Concerns about trade tensions between the United States and China, instability in Washington as underscored by the partial federal government shutdown, and slowing US corporate profit growth continue to worry investors heading into 2019.
  • City of York will begin collecting Christmas trees Wednesday

    City of York will begin collecting Christmas trees Wednesday

    Markets

    Trees with decorations, plastic or flocking spray can not be accepted. The authority has asked the public to put them in the bin and close the lid. Getting rid of your tree is simple and you won't even have to leave home. Residents do not need to be a member of the garden waste collection scheme to have their tree collected. For more information on Christmas tree disposal visit the fire marshal's website .
  • China says it is 'ready to work with US'

    China says it is 'ready to work with US'

    Markets

    Former US president Jimmy Carter warned on Monday that both countries were increasingly describing each other as threats. But those gains would be dwarfed by news earlier in the week that planned to cut some 14,000 jobs in a widespread restructuring forced in part by fading sales growth.
  • Violent man attacks woman at McDonald's

    Violent man attacks woman at McDonald's

    Markets

    According to the the new rule, customers are only given straws on request and the establishment can give customers any kind of straw as an alternative to a plastic straw . She told Atalanta Black Star that while she's had no formal training, she's "picked up a few pointers from relatives". "And I want her a** fired right now", said Taylor.