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Friday, November 23, 2012

Reuters Money: Early start to "Black Friday" shopping frenzy

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11/23/2012
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Early start to "Black Friday" shopping frenzy
NEW YORK/CHICAGO (Reuters) - The shopping frenzy known as "Black Friday" kicked off at a more civilized hour, with shoppers welcoming decisions by retailers such as Target Corp and Toys R Us Inc to move their openings to Thursday night.
Risk of mass blackouts may still be rising: Kemp
LONDON (Reuters) - Businesses and households expect reliable electricity to be available at the flick of a switch. But the frequency of large-scale blackouts in the United States has not fallen in the last 30 years, and big blackouts remain a common occurrence throughout emerging markets.
Why holiday price-matching does not pay off
NEW YORK (Reuters) - Are price-matching programs for holiday gifts worth the extra time and effort?
Shoppers dream big with inspirational gift lists
NEW YORK (Reuters) - A $5,000 Bose home theater system, a $2,700 Tempur-Cloud mattress, a $450 Dyson pedestal fan (like the one used at the Kardashian house) and an $85 box of frozen mini hot dog appetizers are just a few of Oprah's Favorite Things.
After Sandy damage, insurance adjusters may bring more bad news
(Reuters) - After another day of pumping out their swampy, moldy houses, neighbors in Breezy Point in New York City huddled at the quaint generator-powered firehouse Wednesday night, stamping their feet to stay warm. Neighbors picked at food from tin cans and sipped soups from Styrofoam cups as they lamented the growing holes in a safety net they thought they had: homeowner's insurance.
Madoff trustee asks court to reinstate bank claims
NEW YORK (Reuters) - A lawyer for the trustee seeking money for Bernard Madoff's victims asked an appeals court on Wednesday to restore nearly $30 billion in claims against JPMorgan Chase & Co and other banks, saying it would force those who furthered the fraud to "pay their fair share."
EU watchdog warns of bank-like risks for insurers
FRANKFURT (Reuters) - Insurers that venture into bank-like business activities in search of higher returns must realize they will be regulated like banks, the head of the European Union's insurance watchdog said on Wednesday.
Please pass the gravy, and how much are you worth?
WASHINGTON (Reuters) - Don't look now, but your parents may have at least $100,000 more than you think they have -- you just haven't asked and they haven't told. That's the key finding of a new survey from Fidelity Investments about how families talk (or, more often, don't) about money.
Top-performing U.S. fund focuses on unloved real estate
NEW YORK (Reuters) - During a 2009 trip to Hong Kong, mutual fund portfolio manager Michael McGowan came across two 40-story office towers nearing completion in Kowloon East, a formerly industrial neighborhood across the bay from the city center, that were renting space for about HK$10 ($1.30) per square foot per month.
Behind the Black Friday hot toy lists
NEW YORK (Reuters) - Get ready to hear a lot about the Eagle Talon Castle, the LeapPad2 from LeapFrog and the reincarnation of Furby - all of which toy industry insiders predict will be hot sellers this year.
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