“Mr. President, America’s corn farmers helped elect you,” Wesley Spurlock of the National Corn Growers Association warned in a statement. “Withdrawing from NAFTA would be disastrous for American agriculture.”
KEEPING SCORE: In Europe, the FTSE 100 index of leading British shares was down 1.1 percent at 7,424 while Germany’s DAX fell 0.6 percent to 12,553. The CAC 40 in France was 1 percent lower at 5,263. U.S. stocks were poised for modest declines at the open with Dow futures and the broader S&P 500 futures down 0.2 percent.
THE NUMBERS: Applications for weekly unemployment aid fell 4,000 to 232,000, the Labor Department said Thursday. That’s the lowest level in nearly three months. The four-week average, a less volatile figure, declined 2,750 to 240,750.
“We’re transforming to become more of a digital enterprise,” said Doug McMillon, CEO and president of Wal-Mart Stores Inc.
“There are a certain amount of things you can do on your smartphone to stay in contact,” McCormick said. For laptops that must be checked, he added, companies will take steps to better lock down information contained on them “and then just deal with the short-term challenges and loss of productivity.”
“It was our two bigs that set the tone — Kev and Double-T (Tristan Thompson), they were phenomenal,” James said. “I saw it in Kev this morning. I knew what type of game he was going to have. So he came through for us.”
“Political drama in Washington prompted mortgage rates to fall as investors scale back their expectations for the passage of legislation that might boost economic growth,” said Svenja Gudell, chief economist at real estate data provider Zillow. “Expectations for slower economic growth could translate into a slower pace of interest rate hikes by the Federal Reserve in the months ahead.”
It’s not just because his last few months have been spent living in many of Aurora’s top-tier lodging establishments — including the Hyatt Regency, the Crowne Plaza and about a half-dozen other hotels around town. Although, that living-out-of-his-suitcase lifestyle as he looks for a more-permanent Aurora address has certainly helped
While growing online sales and rising profits pushed shares up more than 8 percent before the opening bell Wednesday, CEO Brian Cornell still needs to find a way to thrive in the face of intense pressure Amazon.com and Wal-Mart Stores Inc.
LEVINSON: “We weren’t just dealing with headlines. You have to get into the flesh-and-blood characters, not just the financial aspects. You got to get as human as you can: What is the dynamic between Bernie and Ruth, and between the two sons,” both of whom worked for Madoff and were suspected of having known what he was up to, and one of whom, Mark, would commit suicide on the two-year anniversary of his father’s stunning downfall. “It is a true tragedy that in the end destroyed the entire family.”