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Sully H.W. Bush, a yellow Labrador service dog who worked with the late former President George H.W. Bush, will be traveling with Bush's casket on his flight to Washington, DC, according to a source familiar with the plans.Jim McGrath, Bush's spokesman, posted an image of Sully next to Bush's casket on Sunday along with the caption, "Mission complete."Sully is named after former airline pilot Chesley B. "Sully" Sullenberger III, who became famous for landing a damaged passenger jet on the Hudson River and saving all 155 passengers and crew in 2009.A highly trained service dog, Sully will now go back into service to help other veterans and is going to Walter Reed National Military Medical Center, former President George W. Bush wrote in an Instagram post. 777
Stock market volatility is back in a big way: The Dow is set for a big rally Friday after a two-day meltdown.Dow futures pointed to a 350-point jump at the open. The Dow lost 1,378 points over Wednesday and Thursday.The broader S&P 500 also looked like it would rally, with futures about 0.9% higher. The Nasdaq, which has taken the brunt of the recent stock market turbulence, was set to rise 1.5%.Why are markets suddenly bouncing back? News late Thursday that President Donald Trump would meet next month with Chinese leader Xi Jinping at the G-20 summit eased some of investors' fears about another trade war escalation. On Friday, China reported its exports rose nearly 15% in September, stronger than expected. That suggests China is weathering the first waves of new tariffs that the Trump administration imposed on billion of Chinese exports this summerEarnings season also kicked off Friday morning, with JPMorgan (JPM) and Citigroup (C) reporting their quarterly finances before the bell. Wall Street analysts expected banks to post another incredibly profitable quarter — and JPMorgan managed to beat their already lofty expectations.In times of market turbulence, there's nothing like soaring profits to calm investors' nerves.Tech stocks have come under fire because they are some of the riskiest and most expensive parts of the market. Investors fear that tech companies may not hold up well in a downturn, particularly as interest rates spike. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.But Big Tech on Friday looked to regain some of their losses. Facebook (FB) rose 1%, Amazon (AMZN) was up 3%, Apple (AAPL) rose 2%, Netflix (NFLX) was up 4% and Google (GOOGL) bounced back 2%.Asian and European markets also came back Friday. The Hang Seng soared 2.2%. Stocks in Shanghai rose 0.9% and the Nikkei rose 0.5%. Stocks in London, Germany and France all rose about a half percentage point.Stocks had turned sharply south over the past week because investors are concerned about rising interest rates. As the Federal Reserve raises rates to keep the economy from overheating, investors have been getting out of bonds, driving down their price and driving up their yields. Suddenly, the return on bonds has become competitive with some stocks — particularly risky tech stocks.Rising interest rates also increase borrowing costs for households and businesses, eating into corporate profits.The VIX volatility index touched its highest level since February.The-CNN-Wire 2531
Target announced Monday that it will not open stores on Thanksgiving this fall due to the coronavirus pandemic.The chain follows in the footsteps of Walmart, who made a similar announcement last week.Target added in its press release that it plans to extend holiday sale prices by several weeks. The company said Monday that holiday sales will begin in October, both online and in-store."This season, you can count on getting extra-big savings without the extra-long lines, with plenty of opportunities to score the best deals on the hottest items both before and after November 26," the company said in a press release.The retail giant also said Monday that it was adding an additional 20,000 items to its pickup and delivery services, including groceries and fresh produce. 783
Texas Democratic Senate candidate Beto O'Rourke said at a CNN town hall Thursday night that he would still vote to impeach President Donald Trump.The El Paso congressman challenging Sen. Ted Cruz said that his position on impeachment hadn't changed, even as Cruz has used the issue to galvanize conservative voters against O'Rourke's campaign.Asked by CNN's Dana Bash if he had changed his mind after saying he'd vote to impeach Trump this summer, O'Rourke said, "I haven't."He pointed to the ongoing probe into whether Trump's 2016 campaign colluded with Russia."There may be an open question as to whether the President, then the candidate, sought to collude with the Russian government in 2016," O'Rourke said. "But to quote George Will -- very conservative columnist -- when we saw him on that stage in Helsinki defending Vladimir Putin, the head of the country that attacked our democracy in 2016 instead of this country, and its citizens and this amazing democracy, that was collusion in action."He continued, "You may have wondered when he fired James Comey, the principle investigator into what happened in that election, whether that was an attempt to obstruct justice. But when, by broad daylight on Twitter, he asked his attorney general, Jeff Sessions, to end the Russia investigation, I would say that's obstruction in action."O'Rourke then said he likens impeachment to an indictment."There is enough there to proceed to a trial," he said.O'Rourke said he "would not prejudge the outcome of that trial.""All I am saying is, there's enough there," he said. "I know that this is not politically easy or convenient to talk about, but 242 years into this experiment ... nothing guarantees us a 243rd or a 244th."The answer will likely fuel further attacks from Cruz, who repeatedly cited O'Rourke's comments that he'd vote to impeach Trump in their most recent debate Tuesday night in Texas. Trump won Texas in 2016 and is headed to Houston to campaign for Cruz on Monday.At that debate, O'Rourke -- who is trailing in polls despite shattering fundraising records for a Senate campaign, with a million haul in 2018's third quarter -- mimicked Trump's 2016 presidential campaign attacks on Cruz as "Lyin' Ted."O'Rourke told CNN's Bash Thursday night he had some regrets about the comment."It's not something that I feel totally comfortable with, and perhaps in the heat of the moment I took a step too far," O'Rourke said.Asked if he regrets the comment, O'Rourke said: "I don't know that that's the way that I want to be talking in this campaign."CNN invited Cruz multiple times to appear tonight in his own town hall, but he declined. 2657
Target announced Monday that it will not open stores on Thanksgiving this fall due to the coronavirus pandemic.The chain follows in the footsteps of Walmart, who made a similar announcement last week.Target added in its press release that it plans to extend holiday sale prices by several weeks. The company said Monday that holiday sales will begin in October, both online and in-store."This season, you can count on getting extra-big savings without the extra-long lines, with plenty of opportunities to score the best deals on the hottest items both before and after November 26," the company said in a press release.The retail giant also said Monday that it was adding an additional 20,000 items to its pickup and delivery services, including groceries and fresh produce. 783