Gold climbs to record above 1934 per ounce on jitters
Gold rose to a record above 1934 per ounce on Monday as investors seek a safe haven amid U S Chinese tensions and pandemic recovery concerns. It added 2 percent after peaking Friday near 2011 highs, with prices trading around 1934.60 and touching 1938.00 per ounce. Walgreens Boots Alliance chief Stefano Pessina will step down as CEO to become executive chairman after a replacement is found, with Jim Skinner remaining on the board. Kosovo foreign minister Meliza Haradinaj urged Apple to correct Kosovo borders in Apple Maps, saying current maps show Kosovo as part of Serbia. Kosovo declared independence in 2008 after 1998-99 conflict, with about 100 countries recognizing its status. The Associated Press.
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New York Mercantile Exchange
United States
Walgreens
Stefano Pessina
McDonald’s
Jim Skinner
Pessina
Walgreens Boots Alliance Inc
Kosovo
Apple
Meliza Haradinaj
Tim Cook
Serbia
Haradinaj
Analysts: Help economy now seems fragile amid aid talks
Washington debates a new economic rescue package as unemployment remains around 11.1 percent and job growth stalls. Economists warn without continued aid to the unemployed and more funding for states, the recovery could weaken further amid a stalled legislative path and debates over the $600 weekly federal unemployment supplement.
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White House
U.S
Nancy Vanden Houten
Oxford Economics
Larry Kudlow
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Republicans
House
Target to close stores on Thanksgiving amid pandemic plans
Target will shutter stores on Thanksgiving to limit crowds as it previews its largest holiday deals rolling out in October both in stores and online. The move mirrors Walmart’s Thanksgiving closures and comes as Target imposes mandatory masks nationwide starting August 1 to safeguard shoppers and staff.
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Target
Walmart
Brian Cornell
USA Today
Sam’s Club
Costco
Target Circle
Fewer Visitors at Disney Parks while Universal Rises
A Themed Entertainment Association and AECOM report shows worldwide attendance at the 10 largest park operators rose 4 percent to 521 million in 2019. Disney parks led by Magic Kingdom and Disneyland saw flat attendance as entry limits and higher prices grew, while Hong Kong tourist disruptions hurt. Universal Parks climbed 2.3 percent to 51.2 million, driven by Islands of Adventure and the Harry Potter ride.
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