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Happy National Dumpling Day!

Today, September 26th is celebrated as National Dumpling Day in the U.S.

TMI Food Group, an Asian food company, which has many varieties of dumplings in its menu wished to start such day to celebrate the taste of dumplings. In 2015, National Day Calendar declared September 26th as National Dumpling Day.

Dumpling is a kind of dish made by dough wrapped around a filling or dough without any filling. This is then cooked by a variety of methods including baking, boiling, frying, or steaming. This snack can be as versatile as your imagination. The delicacy is a favorite of millions as it can be filled with any ingredients of one’s choice from meat to fruits and lobster to mushrooms.

You can support this day and add flavor to it by eating dumplings as an appetizer, as the main course, or eat sweet dumplings as dessert. You can share the photos of you eating dumplings with friends on social media using #NationalDumplingDay.

Bed Bath & Beyond increases projected store closings

Outlook for retail in America

Retail and sales analyst Erin Sykes and Strategic Resource Group Managing Director Burt Flickinger on the state of the retail sector.

It won't be a Happy New Year for employees of Bed Bath & Beyond.

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The home goods retailer is increasing the number of stores it expects to close in the fiscal year.

The retailer which also operates buybuy Baby, Harmon Face Values and World Market, says it will close 60 stores across the company, that's 20 more than originally estimated, according to USA Today.

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Most of the closings are expected after the holiday shopping season in early 2020.

Forty of the stores closing will be Bed Bath & Beyond stores and 20 will be stores in the company's other concepts, according to interim CEO Mary Winston.

As of the end of August, the company had 1,534 stores, including 993 Bed Bath & Beyond stores .

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According to global marketing research firm Coresight Research, across the retail sector, nearly 8,600 store closures have been announced so far this year, up from around 5,900 closings in 2018.

Apple CEO Opposes Trump’s Immigration Policy In Supreme Court Filing

Apple CEO Tim Cook said in a filing to the Supreme Court that the company disagrees with President Trump’s decision to terminate DACA, the Obama-era program that shields some immigrants, known as “dreamers,” from deportation.

?We are distressed at the prospect of ripping our DACA colleagues from the fabric of our company,” Cook and HR head Deidre O’Brien wrote in the filling.

Apple said it employs 443 Dreamers who come from more than 25 different countries on four continents.

Apple said that the company wouldn’t exist without immigration and that co-founder Steve Jobs is the son of an immigrant. The company said it is morally wrong to deport immigrants who followed U.S. policy and achieved DACA status.

Amazon, Facebook, Google and Microsoft also reportedly oppose Trump’s policies.

Rupee slips 28 paise to 71.35 against Dollar in early trade

Forex traders said weak opening in domestic equities and rising demand for the U.S. Dollar vis-a-vis other currencies overseas also weighed on the domestic currency

The Indian Rupee opened on a cautious note and fell 28 paise to 71.35 against the U.S. Dollar in early trade on Thursday amid rising crude oil prices and unabated foreign fund outflows.

Forex traders said weak opening in domestic equities and rising demand for the U.S. Dollar vis-a-vis other currencies overseas also weighed on the domestic currency.

At the Interbank Foreign Exchange, the Rupee opened at 71.22 then fell to 71.35 against the U.S. Dollar, showing a decline of 28 paise over its previous closing.

The Indian rupee on Tuesday had closed at 71.07 against the U.S. Dollar.

Forex market was closed on Wednesday on account of Mahatma Gandhi Jayanti.

Meanwhile, brent crude futures, the global oil benchmark, rose 0.03% to $57.71 per barrel.

Foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out ₹1,298.56 crore on Tuesday, as per provisional data.

Domestic bourses opened on a negative note on Thursday with benchmark indices Sensex trading 112.27 points down at 38,193.14 and Nifty lower by 43 points at 11,316.90.

The Dollar index, which gauges the greenback’s strength against a basket of six currencies, rose by 0.02% to 99.04.

The 10-year government bond yield was at 6.62% in morning trade.

Stagecoach Issues Trading Update; FY Earnings Guidance Unchanged

Stagecoach Group plc (SGC.L) said the financial performance of its non-rail operations has been broadly in line with the Group’s expectations. Like-for-like revenue growth at UK Bus (regional operations) Division was 1.0 percent for the twenty weeks ended 14 September 2019. The Group said it remains focussed on initiatives to grow revenue over the longer term and are exploring potential new income streams, including partnerships with airports, festivals and events around the UK.

Looking forward, the Group said its guidance for adjusted earnings per share for the year ending 2 May 2020 is unchanged.