Walmart posts mixed quarter but raises forecast, expecting strong holiday

Walmart quarterly earnings top analysts’ expectations. Revenue falls slightly short due to currency headwinds. The big-box retailer has raised its U.S. same-store sales forecast for the full year, anticipating a strong holiday season. Walmart on Thursday reported mixed third-quarter results, with earnings that topped analysts’ expectations and revenue that fell short due to currency headwinds. Earnings were fueled by strong […]

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European Auto Sales Decline Continued in October

The European Automobile Manufacturers Association (ACEA) on Thursday reported new vehicle registration totals in the European Union for the month of October. Sales declined by 7.3% year over year in the month. The ACEA continues to attribute the sales drop to the September 1 implementation of new emissions and fuel-consumption testing procedures that drove sales much higher in July and […]

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5 dead as potent pre-winter storm moves from South and Midwest toward East Coast

WASHINGTON — A pre-winter storm blamed for five deaths moved slowly across the Midwest, Appalachian mountains and into the East Coast on Thursday, leaving a trail of closed schools, traffic headaches and power outages across much of the country. Power outages were reported throughout the snow’s path. As of early Thursday, roughly 350,000 customers were without power, mostly in Ohio, Kentucky […]

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Walmart shoppers flock there for toys, groceries, boosting sales heading into holidays

More shoppers are visiting Walmart, and they’re spending more when they get there, showing that its decisions to boost its toy and grocery offering is paying off. The nation’s biggest retailer reported Thursday that in store traffic ticked up 1.2 percent in the most recent quarter, and the amount each customer spent was 2.2 percent higher than during the same […]

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U.S. Weekly Jobless Show Another Slight Drop To 214,000

First-time claims for U.S. unemployment benefits showed a slight decrease in the week ended November 3rd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged down to 214,000, a decrease of 1,000 from the previous week’s revised level of 215,000. Economists had expected jobless claims to dip to 213,000 from the […]

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Czerw's Kielbasy: Heart, soul and lots of smoke

Czerw’s Kielbasy family business remains successful since 1938 John Czerw, owner of Czerw’s Kielbasy in Philadelphia, discusses how an 80-year recipe continues to be the secret to this Polish family business success story. Kielbasa is not only all over John Czerw’s hands and clothes, but it also runs through his blood. Continue Reading Below John Czerw (pronounced CHE-V) is a […]

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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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