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Walmart ends Black Friday tradition by closing stores on Thanksgiving

Walmart will close stores on Thanksgiving.  Walmart Walmart said on Tuesday that it plans to close stores on Thanksgiving. The move ends the retailer's tradition of starting its in-store Black Friday sales on Thanksgiving Day. The closure will also extend to the Walmart-owned warehouse retailer Sam's Club. "We know this has been a trying year, and our…

Walmart stores will close on Thanksgiving Day this year

New York (CNN)Walmart will close its stores on Thanksgiving Day for the first time in more than 30 years, the world's largest retailer said Tuesday.The move comes at a time when retailers are rethinking their plans for the holiday shopping season as coronavirus cases rise, prompting concerns over crowds in stores. Walmart has kept its…

Tesla Stock Sees Unusual Options Activity

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Dow Jones Up 300 Points As Oil Stocks Surge, But Nasdaq Backs Off High

The Dow Jones Industrial Average rallied 300 points midday Tuesday amid hopes for more stimulus to aid the coronavirus-wracked economy. X The Dow Jones industrials rose 1.1% and the S&P 500 added 0.6%, but the Nasdaq fell 0.2% in the stock market today, after gapping up to a new high at the open. Small caps…

Dow Industrials Rise as Investors Look to Earnings

The Dow Jones Industrial Average rose Tuesday, boosted by better-than-expected earnings from some of the biggest U.S. companies and a fiscal stimulus package from the European Union. The Dow industrials gained 313 points, or 1.2%, while the S&P 500 rose 0.7%. Rising shares of Coca-Cola and IBM helped power the gains, after both companies...

Microsoft Makes First Climate Fund Investment, Joins Green Group

(Bloomberg) -- Microsoft Corp. said the first investment for its $1 billion climate fund will be in venture capital firm Energy Impact Partners. The software maker also joined with Nike Inc., Starbucks Corp., Unilever NV and Danone SA in a new consortium devoted to sharing resources and tactics for slashing carbon emissions, bringing together the efforts of some of the biggest…

Walmart to spend $428 million on new round of worker bonuses, retailer will close on Thanksgiving

Customers wearing face masks shop at a Walmart supermarket amid novel coronavirus outbreak on July 15, 2020 in Washington, DC.Sha Hanting | China News Service via Getty ImagesWalmart said Tuesday that it will give another round of bonuses to hourly employees and close its stores on Thanksgiving Day.The big-box retailer said in a news release that…

Cramer says market moves are ‘crazy’ but ‘please just stop comparing it to 1999’

CNBC's Jim Cramer said Tuesday that "it's time to admit that these moves are crazy" after large gains by some of the market's biggest tech stocks pushed the Nasdaq Composite to another record high the previous day, but he is not predicting a reversal.Expanding on a tweet in which he called the market moves "truly…

Aldi to open 70 new stores by year’s end

Budget grocer Aldi plans to open 70 new U.S. locations by the end of 2020 as part of its "coast-to-coast" expansion plan, the company announced Tuesday.As part of its "new wave of expansion," the grocer will enter Arizona, its 37th state, with four new stores in the greater Phoenix area this year, the company said. By 2021, Aldi expects to…

Lockheed Earnings Beat, Outlook Raised Despite F-35 Slowdown From Covid-19,Investor’s

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Gold, silver prices power to multi-year highs, more upside likely

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Gold and silver prices are sharply higher in early U.S. trading Tuesday. Gold prices pushed to a new nearly nine-year…

Ford reveals an electric Mustang Mach-E SUV with 1,400 horsepower

(CNN)Looking to explore how far it can push the limits of electric vehicle performance, Ford has created a version of its Mustang Mach-E SUV with seven electric motors that can produce a total of up to 1,400 horsepower.The Mach-E 1400 is a one-of-a-kind demonstration car that was created to show the potential of all-electric vehicles…

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DHS Secretary Sets the Record Straight on Fake News on Portland Riots

Chad Wolf, acting secretary of the Department of Homeland Security, hit back at a press conference in DHS headquarters in Washington, D.C. on Tuesday against media reports that the Trump administrati…

Trump Raises $20 Million in First-Ever Virtual Fundraiser

President Donald Trump raised an eye-popping $20 million on Tuesday night in his first-ever virtual fundraiser, from a total of more than 300,000 individual donors who participated. This is a great …

ACLU: Constitution Requires Illegal Aliens Count Toward Congressional Apportionment

The American Civil Liberties Union (ACLU), as well as other migration lobbying organizations, claims it is “unconstitutional” not to count illegal aliens when apportioning congressional representatio…

US House poised to vote on reversing Trump’s Muslim ban

The United States House of Representatives is set to vote on Wednesday on legislation reversing President Donald Trump's controversial ban on immigration from Muslim countries. The bill, called the …
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