The shipping world and traditional economic measures tell very different stories about globalization. A broad consensus has developed that global trade is in retreat, with trade’s share of global economic output shrinking since 2008 as businesses seemingly hunker down. However, a study by two economists contradict that view, pointing to shipping-sector figures that show more goods are traveling greater distances than ever.
Shares of Tripadvisor are up 11 percent in premarket trading after the online travel platform easily beat Wall Street expectations for its quarterly profit and sales.
Baskin-Robbins is releasing a new ice cream flavor inspired by Thanksgiving dinner. It’s called “Turkey Day Fixins.” Diners will be able to sample honey cornbread, spiced sweet potato, and cranberry, all in one bite.
Futures are down after stocks closed slightly higher yesterday. The Dow Industrials added 34, the Nasdaq rose 40 and the S&P 500 edged up 7.





