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Lufthansa says arbitrators propose fresh talks with cabin crew union in January

German airline Lufthansa said arbitrators had proposed a further meeting with cabin crew union UFO in early January after they held wage talks on Sunday. “Lufthansa continues to expect that good solutions can be found for the 22,000 cabin crew members with regard to the arbitration issues,” the airline said in a statement. …read more […]

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Holiday Spending: The Cost of Decking the Halls

The stockings are hung, the lights are lit, the tree is donned with tinsel… Heck, the 5-foot snowman is even inflated in the front yard.
But it all comes at a price…
This year, the average American over the age of 18 plans to spend $61 on holiday decorations. That’s $20 more than they planned to spend a decade ago.
Since 2004, the average expenditure on holiday decorations has increased more than 69%.
Year over year, spending to create a Rockwell Christmas has increased by more than 5%.
And it’s all part of a larger trend…
According to the National Retail Federation’s annual consumer spending survey, …read more […]

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RBC: These 3 Beaten-Down Stocks Are Ready to Pop

The 2010s is the only decade since 1850 in which the US did not have a period of recession. On top of this, the S&P 500 has had over 200 all-time highs in the last 10 years, culminating in 2019’s record breaking extravaganza.Naturally, there are always exceptions. Despite 2019’s ample rewards, some stocks were not invited to the party, and have spent the year in the doldrums. As any canny investor will know, though, hefty gains can be made by picking up the runts others aren’t brave enough to touch. The trick, of course, is knowing how to pick the …read more […]

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Aurora Cannabis – 2020 Catalysts Continue To Fade Into Mid-Year

The hope for a big rebound in the Canadian cannabis market continues to fade towards mid-2020. Aurora Cannabis (ACB) was positioned for a boost from Cannabis 2.0 sales, but the lack of Ontario stores, slow distribution and restrictions by other provinces will put a damper on initial sales. In addition, the global growth story is fading just as fast, delaying any imminent sales gains until mid-year. Lack Of Ontario StoresWith a robust assortment of Cannabis 2.0 products becoming available to consumers on December 17, Aurora Cannabis faces a double whammy as Ontario slowly moves forward with new stores in 2020. …read more […]

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China to Further Open Up Industries, Ease Burden for Companies

(Bloomberg) — China is taking a major step to open up sectors ranging from oil and gas to telecommunications and railways, easing market regulations and lowering financing costs for private companies.The government will offer more tax breaks and broaden incentives to more firms, according to a government statement published by the official Xinhua News Agency, which didn’t specify the industries.President Xi Jinping, who’s negotiating an agreement amid a trade war with the U.S., is seeking to increase China’s political clout and revive ancient trading routes under his “One Belt, One Road” initiative, spending heavily on infrastructure projects. The move will …read more […]