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Thursday, December 26, 2013

Claman On Call: Will shipping delays drive consumers to brick-and-mortar stores?

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Daily Market Update with Liz Claman

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Will shipping delays drive consumers to brick-and-mortar stores?

Claman on Call: FBN's Cheryl Casone with an after-hours web-exclusive on the markets and UPS, FedEx shipping delays over the holidays.

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Business Today: U.S. jobless claims fall, holiday retail sales rise

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12/26/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
U.S. jobless claims fall, holiday retail sales rise
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market, while holiday retail sales rose in November and December.
Discounts, promotions spur sales in U.S. holiday season
(Reuters) - Sales during the 2013 U.S. holiday season grew from a year earlier as deep discounting and increased promotions encouraged bargain-hungry shoppers to buy more.
Small jet makers see big chance as China prepares to open skies
BEIJING (Reuters) - Ferraris and Rolls-Royces have become common sights in China's cities as a new class of super-rich indulge a growing appetite for luxury, but tight regulation has meant the private jet, the ultimate status symbol of the global elite, remains rare.
Wall St. rises; Dow at record high for 6th day
NEW YORK (Reuters) - U.S. stocks advanced on Thursday, with the Dow ending at a record high for the sixth straight day, although trading was light following the Christmas holiday.
After early Boxing Day rush, UK shopper numbers flat on last year
LONDON (Reuters) - After an initial rush to British retail stores for the Boxing Day sales on Thursday, only 0.5 percent more shoppers showed up than last year, final figures from retail data company Springboard showed.
Food prices; a bricks and mortar problem for Indian economy
GURGAON, India (Reuters) - Three months since journeying more than 700 milesfrom his village in central India to take a job in this bustling city near the capital, New Delhi, Charan is already looking forward to a 10 percent pay rise. He isn't an engineer or programmer. He hauls bricks and sand at a local construction site for less than $100 a month.
U.S. regulator fines Barclays over decade of records failures
(Reuters) - Barclays Plc has been fined $3.75 million by a U.S. regulator over its alleged decade-long failure to properly keep electronic records, emails and instant messages.
Surge of holiday packages delays UPS shipments
NEW YORK (Reuters) - A high volume of holiday packages overwhelmed shipping and logistics company UPS, the company said on Wednesday, delaying the arrival of Christmas presents around the globe and sending angry consumers to social media to vent.
Empire State Building IPO hurt investors, lawsuit claims
NEW YORK (Reuters) - Investors in the Empire State Building have filed a lawsuit accusing the real estate magnates who took it public of short-changing them $300 million by refusing to sell the iconic skyscraper at a premium price.
Court rejects BP bid to require proof of Gulf oil spill losses
(Reuters) - BP Plc has failed to persuade a federal judge to require businesses seeking to recover money over the 2010 Gulf of Mexico oil spill to provide proof that their economic losses were caused by the disaster.
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