Both support and backlash are growing over this year's expanded plans by Toys R Us, Walmart, Target, and some other big retailers to start their Black Friday sales on Thanksgiving Day. Support, because consumers want to shop and retailers need to fight back against online competition. Backlash, because many store employees don't want to work … Continue reading Shopping at the Mall on Thanksgiving Day: It Could Turn Into a Party!
Month: November 2013
Walmart Workers Plan Black Friday Protests
In the second year of labor protests against Wal-Mart Stores Inc. (NYSE: WMT), organizers are saying they expect protests and strikes at more 1,500 U.S. Walmart stores on Black Friday. The organization planning the protests is the Organization United for Respect at Walmart — or OUR Walmart — which is supported by the United Food and Commercial Workers International Union (UFCW).
At last year’s Black Friday protests, there were protest actions at about 1,200 stores involving approximately 30,000 people in 46 states.
According to OUR Walmart, the protesters and strikers are demanding an end to illegal retaliation and a commitment from Walmart to improving working standards, such as giving workers more full-time jobs paying at least $25,000 a year. That works out to about $12 an hour, still below the $15 an hour that workers at McDonald’s Corp. (NYSE: MCD) sought earlier this year.
On Monday the National Labor Relations…
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Why Wall Street Fat Cats Don’t Always Win
Are your ready for this? On Wall Street at least outsiders are beating the fat cats. Yup. The kind of humble low-fee mutual fund that all savers have access to may be the best place to watch your money grow. Most index funds easily outperform expensive, exclusive hedge funds. And they have been doing so … Continue reading Why Wall Street Fat Cats Don’t Always Win
Twitter IPO – Don’t Tell Me You Know What This Stock Is Worth!
What's really fun about following the stock market is watching what a wild, emotional, fascinating and utterly human place it is. Almost every day I'm tempted to change my mind about where a business or even the market itself is heading next. I am not alone. The exciting launch of the Twitter IPO is the … Continue reading Twitter IPO – Don’t Tell Me You Know What This Stock Is Worth!
Here Hear! 