Macy's Home Store Chairman Resigns
Cincinnati, OH, June 24--Federated Department Stores on Thursday said Macy's Home Store division chairman Eric Salus is resigning and named Timothy M. Adams to take his place, effective July 25.
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Feltex COO Officer Will Also Leave
Wellington, New Zealand, June 24--Feltex Carpets Ltd.'s chief operating officer will depart the company following its second hefty profit downgrade since listing a year ago, the National Business Review reported Friday.
Durable Goods Orders Jump 5.5%
Washington, DC, June 24—-Orders for durable goods in May increased 5.5%, according to the Commerce Department. It was the biggest increase since March 2004.
New Home Sales Up 2.1% in May
Washington, DC, June 24--New home sales rose 2.1% in May to a 1.298 million seasonally adjusted annual rate, according to the Commerce Department.
Identity Theft and Security Worries Driving Change
New York, NY, June 23--Online consumers are expressing growing worries about identity theft, The Conference Board reports today.
Sauereisen Intros Mortar for Corrosive Environment
Pittsburgh, PA, June 24--Sauereisen has introduced a new, improved Furan Mortar No. 21C for corrosive environments.
Ekowood to Open Office in West Asia
Persekutuan, Malaysia, June 24—-Hardwood flooring manufacturer Ekowood International Bhd aims to capture West Asia’s robust development activities by opening a showroom-cum-regional office there in the last quarter of this year, according to New Straits T
Invista Studying China's Chemical Fiber Market
Beijing, China, June 24--Invista, the world's largest integrated fiber, resin and intermediates company, now is seeking to escalate its partnership with Chinese companies to promote business, according SinoCast.
Goodfellow Mulling Conversion to Income Trust, Tra
Desson, Quebec, June 24--Hardwood flooring company Goodfellow Inc. will study whether to convert itself into an income trust, the company said Thursday.
Weekly Jobless Claims Fall 20,000
Washington, DC, June 23--First-time claims for state unemployment benefits fell 20,000 to a seasonally adjusted 314,000 the week ending June 18, the Labor Department said Thursday.