The first spending decline on a Black Friday weekend since 2009 reinforced projections for a lackluster holiday, increasing chances retailers will extend the deep discounts already hurting their profit margins.
Stewart Horejsi’s business was in a funk. It was 1980, and Brown Welding Supply LLC, his family’s third-generation distributor of hydrogen and oxygen tanks, was battling competitors that were intent on expanding into the corner of Kansas he controlled.
Mitt Romney, responding to a growing challenge from Newt Gingrich in the Republican presidential race, said he is ready to draw distinctions with Gingrich as he makes “closing arguments” to voters resisting his candidacy.
The Shanghai Composite Index will rally shortly after reaching a 2013 low this week, according to Tom DeMark, the founder of Market Studies LLC who correctly predicted a retreat in the Chinese stock gauge last month.
The U.S. Army staff sergeant held in the killings of 17 Afghan civilians was involved in a drunken altercation with a woman and her boyfriend in 2008 after making comments about her, a police report and the woman involved say.
The Shanghai Composite Index will rebound this week to resume a rally from a December low that will leave it 48 percent higher within the next six months, according Tom DeMark, the founder of Market Studies LLC.