Commentary on current economic and financial news.
Despite its name, Boxing Day, which is celebrated on December 26, has nothing to do with pugilistic competition. Nor is it a day for people to return unwanted Christmas presents. While the exact origins of the holiday are
LONDON — A teenager was fatally stabbed Monday after an argument broke out in a sports store on London's most famous retail street as thousands of shoppers flocked to Britain's capital seeking post-Christmas bargains.
The dispute is over the Aslef union's demand for extra pay for staff working on the Boxing Day public holiday. All Tube lines have experienced some level of disruption since the strike began at midnight, according to Transport for London's website.
By 5:30 this morning, a massive queue of shoppers already lined a full city block along Granville outside Future Shop, as they waited for the traditional Boxing Day madness to begin at the shop's 6 am opening. Many of them arrived earlier than that,