Turkish Carpet Maker Planning Big Export Boost
Istanbul, Turkey, Oct. 11, 2010--Merinos Hali, the second biggest carpet manufacturer in the world, will increase its exports to $100 million by the end of 2010, according to the online World Bulletin.
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Discount Retailers Likely To Benefit at Holidays
Stamford, CT, Oct. 11, 2010--Wal-Mart and other discounters are likely to attract a bigger piece of the retail pie this holiday season as budget-conscious consumers seek discounts, according to a survey by Consumer Edge Research.
Job Openings Edge Up in August, Hiring Slows
Washington, DC, Oct. 8, 2010--The number of job openings edged higher in August, but there was little encouragement for unemployed job seekers, according to the Labor Department.
Major Mortgage Firms Suspending Foreclosures
New York, NY, Oct. 8, 2010--Three major mortgage lenders have said they are suspending foreclosures in the 23 states where they first need a judge’s approval, the New York Times reported today.
NFIB Economist Takes Aim at Washington
Washington, DC, Oct. 8, 2010--Willliam Dunkelberg, chief economist for the National Federal of Independent Business, issued a written statement on September's job numbers based on the NFIB's monthly survey to be released next week.
Karastan Products Featured in Showtime House
Dalton, GA, Oct. 8, 201--Karastan products are featured in the 2010 Showtime House, a New York City show home that reflects the network’s hit shows.
India Carpet Exports Down in September
New Delhi, India, Oct. 8, 2010--India's carpet exports declined to $75.98 million in September, compared to $76.01 million in the same period last year, on less demand from the U.S. and European markets.
September Chain Store Sales Higher Than Expected
New York, NY, Oct. 8, 2010--September figures for chain store sales were higher than expected, retailers said Thursday.
Job Cuts Total 95,000 in September
Washington, DC, Oct. 8, 2010--Employers cut more jobs than expected in September, as state and local governments shed workers during the month.
Consumer Debt Falls Seventh Straight Month
Washington, DC, Oct. 8, 2010--Consumer debt declined in August for the seventh month in a row, the Federal Reserve reported Thursday.