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January 18, 2021

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UK economy shrinks by 2.6% in November, first drop since April

Reuters
FILE PHOTO: Workers cross London Bridge with The Shard skyscraper seen behind on a foggy morning, in the City of London financial district, amid the spread of the coronavirus disease (COVID-19), London, Britain, December 7, 2020. REUTERS/Toby Melville LONDON (Reuters) – Britain’s economy shrank by 2.6% in November, the first......

Nordstrom shares drop as retailer says holiday sales tumbled 22%

CNBC
CNBC – For more and to sign up click here A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York, New York. Rob Kim |......

Amazon says violent posts forced it to drop Parler from its web hosting service

CNBC
CNBC – For more and to sign up click here Amazon Founder and CEO Jeff Bezos addresses the audience during a keynote session at the Amazon Re:MARS conference on robotics and artificial intelligence at the Aria Hotel in Las Vegas on June 6, 2019. Mark Ralston | AFP | Getty......

Cramer: Dow drop at open reflects ‘week of danger’ ahead as Democrats try to remove Trump

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Monday the weakness in the stock market reflects the uncertainty in Washington after last week’s attack on the Capitol and ahead of next week’s inauguration of President-elect Joe Biden. The House Democratic leadership plans to seek......

Amazon to drop Parler from its web hosting service, citing violent posts

CNBC
CNBC – For more and to sign up click here Parler CEO John Matze joins CNBC’s “Squawk on the Street” on July 2, 2020. CNBC Amazon has pulled the plug on Parler, a social media app popular with Trump supporters, in the wake of the deadly U.S. Capitol riot earlier......

NFL Regular-Season Ratings See Slight Drop

Sports Illustrated
SI – For more and to sign up click here Jimmy Traina 1. Early on in the regular season, an NFL ratings dip generated a lot of headlines. But most people looking at the situation with a critical eye understood that the pandemic and election coverage would hurt the NFL’s......

Amazon buys Boeing jets from Delta, WestJet as aircraft prices drop

CNBC
CNBC – For more and to sign up click here A wide body aircraft emblazoned with Amazon’s Prime logo lands at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Picture taken December 20, 2016. To match Insight AMAZON.COM-SHIPPING/ REUTERS/Mark Makela REUTERS/Mark Makela Amazon said Tuesday it’s buying 11......

Oil set for 20% drop in 2020 as lockdowns weigh, market eyes more stimulus

Reuters
SINGAPORE (Reuters) – Global crude oil markets have lost about a fifth of their value in 2020 as strict coronavirus lockdowns paralysed much of the global economy, but prices have rebounded strongly from their lows as governments rolled out stimulus. FILE PHOTO: 3D printed oil barrels and percentage symbols are......

Oil set for 20% drop in 2020 as lockdowns weigh, market eyes more stimulus

Reuters
SINGAPORE (Reuters) – Global crude oil markets have lost about a fifth of their value in 2020 as strict coronavirus lockdowns paralysed much of the global economy, but prices have rebounded strongly from their lows as governments rolled out stimulus. FILE PHOTO: 3D printed oil barrels and percentage symbols are......

Oil set for 20% drop in 2020 as lockdowns weigh

Reuters
FILE PHOTO: 3D printed oil barrels and percentage symbols are seen in front of dollar banknotes in this illustration taken May 25, 2020. REUTERS/Dado Ruvic/Illustration SINGAPORE (Reuters) – Global crude oil markets have lost about a fifth of their value in 2020 as strict coronavirus lockdowns paralyzed much of the......

Alibaba shares in Hong Kong drop more than 8% for the second straight session

CNBC
CNBC – For more and to sign up click here SINGAPORE — Shares of Chinese tech giant Alibaba in Hong Kong were in the spotlight once again on Monday, after Chinese regulators ordered Alibaba-affiliate Ant Group to rectify its businesses. In afternoon trading, shares of Alibaba listed in Hong Kong......

Falling iguanas possible in South Florida amid temperature drop

CBS News
CBS News – For more and to sign up click here Temperatures are expected to drop even further in South Florida on Saturday — so low, in fact, that the National Weather Service is warning that iguanas could fall from the trees. Iguanas, which are cold blooded, can’t handle cold......

Judge throws out GOP lawsuit to close Georgia ballot drop boxes after business hours

TheHill
USA TODAY – For more and to sign up click here John Bowden A judge in Fulton County, Ga., dismissed a GOP lawsuit on Thursday that sought to block voters from using absentee ballot drop boxes after normal business hours. The Atlanta Journal-Constitution reported that the lawsuit, brought by Georgia’s......

November new home sales fall more than expected, builder stocks drop

CNBC Real Estate
A ‘Open House’ sign stands outside a new home for sale in the D.R. Horton Cambridge at Southbury development in Oswego, Illinois. Daniel Acker | Bloomberg | Getty Images Sales of newly built homes came in far weaker than expected for November, and builder stocks are not taking it well.......

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