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Washington, DC, October 21, 2005—The National Retail Federation today asked President Bush to reject a tax reform panel’s recommendation that would end the corporate tax deduction for imported goods, saying the move could cost consumers more than $200 bil
Washington, DC, October 21, 2005--Frustrated that steadily increasing the federal funds rate in quarter-percentage-point increments hasn’t driven up the low long-term mortgage rates that have helped fire up the housing market in recent years.
Carthage, MO, October 20, 2005--Leggett & Platt posted third-quarter net income of $54 million, or 28 cents a share, compared with $80.2 million, or $0.41 a share, a year earlier.
Greensboro, NC, October 20, 2005--Unifi Inc. said it is exploring various options, including a potential merger or sale of the company and restructuring of its outstanding debt.
Toronto, Ontario, October 20, 2005--Sears Canada reported a third-quarter loss, mainly because of pretax charges and staffing costs.
Mercerville, NJ, October 20, 2005--Congoleum Corp. said the law firm of Gilbert Heintz & Randolph will be withdrawing as coverage counsel by mutual agreement following an appeals court ruling that it had other representations which were in conflict with i
New York, NY, October 20, 2005--Shares of truckers Covenant Transport and US Xpress headed downhill Wednesday after an analyst downgraded both stocks on the companies' limited ability to offset higher costs.
Washington, DC, October 20, 2005--First-time jobless claims dropped by 35,000 to 355,000 in the week ending Oct. 15, according to the Labor Department.
Washington, DC, October 20, 2005--An ongoing working alliance between the National Association of Home Builders (NAHB) and the Occupational Safety and Health Administration (OSHA) was cemented by way of a formal re-signing ceremony attended by leaders of
New York, NY, October 20, 2005--The Conference Board announced today that the U.S. leading index decreased 0.7 percent, the coincident index decreased 0.1 percent and the lagging index increased 0.2 percent in September.