Businesses and government offices will be closed Thursday, Nov. 28 in observance of Thanksgiving Day.
City and county offices will be closed on Thanksgiving Day but police, sheriff, fire and other emergency services will remain in operation. City offices will be closed Thursday, Nov. 28, as well as county offices.
Several behemoths, including Apple, the largest U.S. company by market value, as well as Microsoft, McDonald's (MCD.N) and AT&T (NYS:T), are due to report earnings. They'll be accompanied by highfliers like Netflix and Facebook, giving the first real cross-section of the state of corporate America as temperatures rise across the country and investors hope to put the cold weather behind them. Strategists will also be looking for clues on how badly China's slowdown hits U.S. corporate results. The first batch of earnings came out as equities were working their way through a selloff led by trading-crowd favorites like Netflix and the biotech stocks.
Germany's premium carmaker Daimler (DAI.DE) expects to grow its sales in China, the world's largest auto market, by double-digit percentages this year, Chief Executive Dieter Zetsche on Sunday. Growth is expected to ramp up further in 2015 after production of the new C-Class sedan starts in China in the third quarter of this year, said Hubertus Troska, a Daimler board member responsible for greater China. For its Mercedes-Benz cars, growth will come mainly from expanding in smaller Chinese cities.
China is set to surpass the United States to become Volvo Car Group's biggest market in 2014 with sales of at least 80,000 cars in the world's largest auto market. Its car sales target for 2014 is around ...