INSIDER
Stock market today: Wall Street rallies to one of its best days of the year after inflation report
Read full article: Stock market today: Wall Street rallies to one of its best days of the year after inflation reportU.S. stocks rose to one of their best days of the year as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected.
Man charged with inappropriately touching 11-year-old girl inside Warren Home Depot bathroom
Read full article: Man charged with inappropriately touching 11-year-old girl inside Warren Home Depot bathroomElijah Lawrence, 22, has been charged with inappropriately touching an 11-year-old girl while inside the bathroom of a Home Depot in Warren.
Disguised thief goes on shopping spree with cloned credit card from Macomb Township senior citizen
Read full article: Disguised thief goes on shopping spree with cloned credit card from Macomb Township senior citizenA person in disguise went on a shopping spree using a credit card cloned from a Macomb Township senior citizen living miles away.
Retail sales rose solidly last month in a sign that consumers are still spending freely
Read full article: Retail sales rose solidly last month in a sign that consumers are still spending freelyAmericans increased their purchases at retailers last month – for clothing, dining out, sporting goods and other areas – in a sign that solid consumer spending is still powering a resilient U.S. economy.
Oakland County deputies taser driver who stole van in Novi, broke into house, targeted another
Read full article: Oakland County deputies taser driver who stole van in Novi, broke into house, targeted anotherOakland County deputies tasered a fleeing driver who stole a van from a Home Depot parking lot in Novi, broke into a house in Lyon Township, and targeted another one in Milford Township.
Home Depot brings back hot dogs in Metro Detroit after 2-year absence
Read full article: Home Depot brings back hot dogs in Metro Detroit after 2-year absenceThe famous hot dogs served at Home Depot have made a comeback. When the decision was made early in the pandemic to no longer sell them near the exits of the home improvement stores, Local 4 heard from many people who disagreed with the decision.
Walmart shines in rough retail environment, ratchets up outlook after strong first quarter
Read full article: Walmart shines in rough retail environment, ratchets up outlook after strong first quarterWalmart reported strong first-quarter sales results as the nation’s largest retailer’s low-prices continue to draw budget conscious consumers in a challenging economic environment of stubbornly high inflation.
Target wrestles with pullback in spending and theft that may cost retailer more than $1B this year
Read full article: Target wrestles with pullback in spending and theft that may cost retailer more than $1B this yearTarget has reported another quarterly profit decline and issued a cautious sales and profit outlook for the current period.
Retail sales up 0.4% in April, buoyed by solid job market and declining prices in some areas
Read full article: Retail sales up 0.4% in April, buoyed by solid job market and declining prices in some areasConsumers picked up their spending modestly in April from March, particularly in dining out and online, buoyed by a solid job market and easing inflationary pressures.
Thief in Macomb County drops trail of stolen items while running from cops outside Home Depot
Read full article: Thief in Macomb County drops trail of stolen items while running from cops outside Home DepotA Home Depot thief from Iowa had a trail of stolen items falling out of his coat as he fled police officers in the Macomb County store’s parking lot, according to authorities.
Dearborn officials investigating fatal 2 car collision caused by driver fleeing police
Read full article: Dearborn officials investigating fatal 2 car collision caused by driver fleeing policePolice are investigating a fatal car crash that took place at a traffic intersection on Dearborn’s west side.
Union vote at Philadelphia Home Depot store set for November
Read full article: Union vote at Philadelphia Home Depot store set for NovemberThe federal labor board has scheduled a November vote on a petition from Home Depot workers in Philadelphia to form what could be the first storewide union at the world's largest home improvement retailer.
Home Depot workers petition to form 1st store-wide union
Read full article: Home Depot workers petition to form 1st store-wide unionHome Depot workers in Philadelphia have filed a petition with the federal labor board to form what could be the first store-wide union at the world’s largest home improvement retailer.
Sterling Heights Police Department to give out golden tickets during holiday season
Read full article: Sterling Heights Police Department to give out golden tickets during holiday seasonThe golden ticket program is a cash drawing consisting of 20 golden tickets that will be handed out over the next week, and winners will be notified on Christmas Eve.
End of an era: No more hot dogs at Home Depot stores in Michigan
Read full article: End of an era: No more hot dogs at Home Depot stores in MichiganYou’re on your way to Home Depot on a Saturday afternoon to pick up 12 bags of mulch for the backyard landscaping project you’ve been putting off for three years. It’s lunch time.
Target's profit surges as Americans cast restrictions aside
Read full article: Target's profit surges as Americans cast restrictions asideTarget’s sales and profits surged in the first quarter as its customers, emerging from the pandemic, returned in big numbers to its stores for dresses, cosmetics and luggage.
Government revises 4th quarter GDP up slightly to 4.3%
Read full article: Government revises 4th quarter GDP up slightly to 4.3%GDP in the October-December quarter rose from an estimated rate last month of 4.1%, the Commerce Department reported Thursday. AdEconomists believe all the government relief measures will boost GDP in the current January-March quarter to 5% or higher. Boussour forecast GDP growth for the full year of 7% with annualized growth rates close to 10% in the spring and summer. GDP fell at an annual rate of 5% in the first quarter of 2020, as the COVID-19 pandemic ended the country's record-long economic expansion, which was in its 11th year. GDP plunged by a record 31.4% rate in the April-June quarter and then rebounded by a record rate of 33.4% in the third quarter before slowing to the 4.3% gain in the fourth quarter.
Orders for manufactured goods tumbled 1.1% last month
Read full article: Orders for manufactured goods tumbled 1.1% last monthThe Commerce Department reported Wednesday, March 24, 2021, that orders for durable goods declined last month for the first time after nine consecutive monthly gains including a sizable 3.5% rise in January. (AP Photo/Steven Senne)WASHINGTON – Orders to U.S. factories for big-ticket manufactured goods slumped 1.1% in February with demand in a key sector that tracks business investment also dropping. Orders had been rising for nine consecutive months, including a sizable 3.5% jump in January, according to the Commerce Department. The category that covers business investment dropped 0.8% in February following solid gains of 0.6% in January and 1.5% in December. AdThe report Wednesday showed that excluding transportation, orders would still have fallen by 0.9% in February.
Orders for U.S. durable goods climb 3.4% in January
Read full article: Orders for U.S. durable goods climb 3.4% in JanuaryOrders to U.S. factories for big-ticket goods shot up 3.4% in January 2021, pulled up by surge in orders for civilian aircraft. (AP Photo/Steven Senne, File)WASHINGTON – Orders to U.S. factories for big-ticket goods shot up 3.4% in January, pulled up by surge in orders for civilian aircraft. Orders for civilian aircraft and parts jumped 389.9%. Excluding transportation equipment, which can bounce wildly from month to month, durable goods orders were up 1.4%. A category economists watch for hints at future investment -- orders for nondefense capital goods excluding aircraft — rose 0.5%.
Why you don’t want to see icicles hanging from your gutters
Read full article: Why you don’t want to see icicles hanging from your guttersHowever, you really don't want to see the real thing hanging from your gutters because, eventually, roof damage and water in your home can result. Icicles are pretty, but you don't want them hanging from your gutters. (WDIV)We usually start seeing icicles form all around town after we get a lot of snow and temperatures are below freezing. Over time, that ice builds up (it's then called an ice dam), and water starts dripping over the edge and freezing, forming icicles. Icicles can lead to roof damage and water in your home.
US durable goods orders show modest 0.2% December gain
Read full article: US durable goods orders show modest 0.2% December gainOrders to U.S. factories for big-ticketed manufactured goods rose a moderate 0.9% in November with a key category that tracks business investment plans showing a gain. (AP Photo/Steven Senne)WASHINGTON – Orders to U.S. factories for big-ticket manufactured goods rose a modest 0.2% in December, held back by a big drop in the volatile aircraft sector. Economists had expected total orders would post a stronger advance of around 1% in December but noted that the overall gain was held back by the big drop in aircraft orders. Excluding transportation orders, total orders rose 0.7% in December, and that followed a 0.8% rise in November. “The December data are signaling still strong but slower growth in both business investment and equipment spending.”
Orders for big-ticket manufactured goods up 0.9% in November
Read full article: Orders for big-ticket manufactured goods up 0.9% in NovemberOrders to U.S. factories for big-ticketed manufactured goods rose a moderate 0.9% in November with a key category that tracks business investment plans showing a gain. The Commerce Department said Wednesday, Dec. 23 that the November gain in orders for durable goods, items expected to last at least three years, followed stronger gains in recent months including a 3.8% rise in October. (AP Photo/Steven Senne)WASHINGTON – Orders to U.S. factories for big-ticketed manufactured goods rose a moderate 0.9% in November with a key category that tracks business investment plans showing a gain. The November gain in orders for durable goods, items expected to last at least three years, followed stronger gains in recent months including a 3.8% rise in October, the Commerce Department said Wednesday. Analysts are concerned that business investment could begin to fade if the resurgence of the coronavirus curtails demand.
Michigan AG, The Home Depot agree on 2014 data breach settlement
Read full article: Michigan AG, The Home Depot agree on 2014 data breach settlementThe data breach exposed the payment card information of about 40 million consumers nationwide. Michigan will receive more than $300,000 through this settlement. In addition to the $17.5 million total payment to the states, The Home Depot provided compensation to consumers through a separate 2016 settlement in a class-action lawsuit. Besides the financial settlements, The Home Depot also agreed to implement and maintain a series of data security practices designed to strengthen its information security program and safeguard the personal information of consumers. “Businesses that collect or maintain sensitive personal information must take certain measures to ensure that material is secure and protected from unlawful use or disclosure,” Nessel said.
Home Depot agrees to $17.5m settlement in 2014 data breach
Read full article: Home Depot agrees to $17.5m settlement in 2014 data breach(Copyright 2020 The Associated Press. All rights reserved.) BOSTON – Home Depot has reached a $17.5 million settlement with the attorney generals of 46 states and the District of Columbia over a 2014 data breach that exposed the payment card information of some 40 million customers. The Massachusetts Attorney General’s office detailed the settlement in a statement Tuesday, saying Home Depot agreed under its terms to employ a full-time chief information security officer among other measures. Cybercriminals hacked into Home Depot’s self-checkout point-of-sale systems using a third-party vendor’s username and password and installed malware that harvested the customer data from April through September 2014.
19 Michigan businesses fined for serious coronavirus (COVID-19) workplace violations
Read full article: 19 Michigan businesses fined for serious coronavirus (COVID-19) workplace violationsOfficials have fined 19 Michigan businesses for “serious violations” of coronavirus (COVID-19) safety protocols in the workplace. Inspectors determined 19 companies allegedly committed serious violations by failing to implement necessary precautions to protect employees from contracting COVID-19. The company did not have a preparedness and response plan and it did not train employees on COVID-19. There was no preparedness and response plan or daily health screenings, and employees weren’t trained on COVID-19, according to authorities. There was no preparedness and response plan, and employees weren’t trained on COVID-19, according to authorities.
Over $50,000 in fines added as more than a dozen Michigan businesses cited for COVID-19 workplace violations
Read full article: Over $50,000 in fines added as more than a dozen Michigan businesses cited for COVID-19 workplace violationsOfficials have fined 19 Michigan businesses for “serious violations” of coronavirus (COVID-19) safety protocols in the workplace. “We want to make sure these are safe workplaces, and that’s going to protect workers, it’s going to protect our communities,” said MIOSHA Director of COVID Workplace Safety, Sean Egan. “Every employer has an obligation to provide a workplace that’s free from recognized hazards. And every employer needs to make sure that they’re following those protocols,” Egan added. “The protocols are pretty simple, you need a plan, you need training, you need to do health screenings, face to face coverings and social distance.
What will Black Friday look like amid the pandemic?
Read full article: What will Black Friday look like amid the pandemic?DETROIT – The 2020 holiday shopping season will be very different due to the COVID-19 pandemic. Sept. 11, 2020: Michigan coronavirus (COVID-19) cases up to 110,832; Death toll now at 6,578Black Friday is so last year. Home Depot is one of many retailers that are passing on Black Friday deals. Amazon will start offering deals Oct. 26. Walmart, Target, Best Buy, Target, Kohl’s and other retailers have said they will remain closed on Thanksgiving due to the pandemic and the growth of online shopping.
Update your sanctuary with the newest colors in home decor
Read full article: Update your sanctuary with the newest colors in home decorTati Amare spoke Erika Woelfell with Behr Paint and Sarah Fishburne from the Home Depot about the new colors out now that give your home that much needed revamp. For this new color collection, Behr focused on giving homes a feel of elevated comfort. They have released six new color themes to help everyone achieve this feel. These themes range from calm tones which feature nature inspired colors to subtle focus which has a wide range of pastels. Woelfell and Fishburne recommend simple DIY projects like painting a small space or just a piece of furniture.
Local 4s Hank Winchester has the latest consumer headlines
Read full article: Local 4s Hank Winchester has the latest consumer headlinesDETROIT Hank Winchester has the top consumer headlines from stores like Amazon, Starbucks and more. Amazon Prime members are waiting for the big shopping day, the big discounts. Home Depot is offering 40 percent off or more on overstocked furniture, that lasts through Wednesday. This fall, Starbucks will let users use more ways to pay through the app. Click here for more Help Me Hank reports
Ohio officer shot and killed responding to disturbance call
Read full article: Ohio officer shot and killed responding to disturbance callDETROIT A police officer in Ohio was shot and killed while responding to a call overnight, officials said. The officer was met with gunfire after arriving at a Home Depot parking lot in Toledo, news outlets reported. Fire Chief Brian Byrd said the officer was Anthony Dia in a broadcast to the emergency radio network, according to the news outlets. Witnesses told reporters that police were called after a suspect came to the area and caused a disturbance, and the suspect later shot the officer. Read more national headlines here
Here are the best Memorial Day deals stores are offering online in Michigan
Read full article: Here are the best Memorial Day deals stores are offering online in MichiganDETROIT Memorial Day is quickly approaching, and for Michigan retailers, that means its time to slash prices and move inventory, even with many stores closed in the area. Local 4s Help Me Hank took a look at the best deals he could find. Click here to view the Memorial Day deals. All the deals are on Dell.com, with some laptops up to 50% off through Memorial Day. AmazonAmazon has big deals through Memorial Day, including earbuds for 73% off, or $37.98.
Body found in field along Paul Avenue in Dearborn
Read full article: Body found in field along Paul Avenue in DearbornDEARBORN, Mich. - A body was found Friday morning in a field along Paul Avenue in Dearborn. The body was found in the middle of the field south of Paul Avenue, east of the Southfield Freeway and north of a Home Depot situated along Ford Road. Police closed the northbound Southfield Freeway exit at Paul Avenue. This is along the Detroit and Dearborn border. Detroit police were first called on the report of a body, then saw it was on the Dearborn side of Paul Avenue and allowed Dearborn police to take over the scene and investigation.
JPMorgan: China tariffs could cost US households $1,000 a year
Read full article: JPMorgan: China tariffs could cost US households $1,000 a yearJustin Sullivan/Getty Images(CNN) - President Donald Trump and his advisers insist their trade war with China won't hurt American consumers. The tariffs Trump has already imposed on China are estimated to cost the average American household $600 per year, according to a report by JPMorgan Chase. He said the tariffs on China will wipe out most of the benefits households got from the Republican tax cuts. Trade war casts shadow on economyThe tit-for-tat battle between the world's two largest economies threatens to set off a severe slowdown or even recession. Trump escalated the trade war with China this month by vowing to impose 10% tariffs on $300 billion of U.S. imports from China on Sept. 1.
Here's what stores and restaurants are open, closed on 4th of July
Read full article: Here's what stores and restaurants are open, closed on 4th of JulyHere's a list of stores and restaurants that are open or closed on this 4th of July holiday. Stores open: Aldi, Bed Bath and Beyond, Best Buy, Big Lots, CV, Home Depot, Kmart, Kohl's, Lowe's, Meijer, Menards, Michaels, Nordstrom and Rack, PetSmart, Sam's Club, Target, Walgreens, Walmart, Whole FoodsStores closed: CostcoRestaurants open: Applebees, Benihana, Bonefish Grill, Boston Market, Buca di Beppo, Buffalo Wild Wings, Burger King, California Pizza Kitchen, Chipotle, IHOP, Olive Garden, Panera BreadCelebrate Independence Day with The Salvation ArmySave big at The Salvation Army thrift stores during the annual Fourth of July Sale. Visit any of the 35 southeast Michigan locations to enjoy 50 percent off men's, women's and children's clothing on Thursday, July 4. All stores will have extended hours from 7 a.m. to 10 p.m. for the one day sale. Copyright 2019 by WDIV ClickOnDetroit - All rights reserved.
Retailers among 2019's worst stocks
Read full article: Retailers among 2019's worst stocksSpencer Platt/Getty Images(CNN) - Looking for more proof of just how hard it is for traditional retailers to compete in a world that's increasingly dominated by Amazon? Nordstrom and Gap are the worst-performing stocks in the S&P 500 so far this year. Several other big brick-and-mortar retailers are among the market's biggest losers of the first half of 2019. All of those companies have recorded sluggish sales and profits as consumers increasingly shop online. And Home Depot, which faces less competition from Amazon and online shopping in general, is up more than 20%.