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For the second time this week, markets were briefly halted trading as the market fell 7 percent, triggering a "circuit-breaker."The New York Stock Exchange halted trading less than 10 minutes after the market opened, when the Dow Jones Industrial Average plummeted 7 percent. By the end of the day, the Dow set an all-time point drop, losing more than 2,300 points. The drop marked a nearly 10 percent fall for the Dow from yesterday's totals. Six of the largest eight one-day point drops have taken place in the last three weeks. Thursday's drop ranked fourth in the largest decine based on percentage, only trailing the market crashes of 1929 and 1987. In one month, the Dow has lost 28% of its value. Stock exchange rules require that trading be halted for 15 minutes in the event of a 7 percent loss. Trading will be halted again for 15 minutes in the event of a 13 percent loss, and trading will end for the in the event of a 20 percent loss. 959
I had to make the difficult decision to put my full focus and energy on my family at this time. I hope you all can understand. More information on ticket refunds is available on 190
Floyd Martin's last day on the job was anything but typical.The Atlanta man retired Wednesday after working nearly 35 years as a postal carrier.The people in a suburban Atlanta neighborhood in Marietta where he's delivered the mail all these years wanted to send him out in style as he worked his route for the last time.So as his mail truck moved through the area, the neighbors gave him hugs. And gave gifts. And decorated their mailboxes in his honor. And posed for pictures with him. They even invited him to come back in the fall to be a celebrity judge in the neighborhood's Halloween parade.His daylong goodbye basically turned into a big 'ole street party that attracted more than 300 people. The neighbors even brought covered dishes, wrote neighbor (and Atlanta Journal-Constitution reporter) Jennifer Brett, who accompanied him on his last day and 871
Family Dollar will close 390 stores this year and make big changes to the stores it is keeping open as the discount chain seeks a turnaround.Family Dollar sells a variety of items for under at rural and urban locations. Dollar Tree bought the company in 2015. But Family Dollar has struggled, and Dollar Tree is under heavy pressure from an activist investor to sell or revitalize the ailing line.Dollar Tree, which sells everything for and caters more to mid-income customers with suburban stores, has a plan for Family Dollar: Close stores, re-brand some locations as Dollar Tree, and renovate others with Dollar Tree merchandise sections."We are confident we are taking the appropriate steps to reposition our Family Dollar brand," Dollar Tree CEO Gary Philbin said in a news release Wednesday.This is a developing story. 846
FORT WORTH, Texas — American Airlines is extending flight cancellations into early June because of the Boeing 737 Max grounding.American, the world's largest airline, said Sunday it will cancel about 90 flights daily through June 5. American had previously canceled flights through late April."By proactively canceling these flights, we are able to provide better service to our customers with availability and rebooking options," American said 457