Business Inventories Up in March
Washington, DC, May 11, 2006--Business inventories rose a larger-than-expected 0.7 percent in March as automotive and building material stocks climbed sharply, a government report showed on Thursday.
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Jobless Claims Off Last Week
Washington, DC, May 11, 2006--First-time claims for state unemployment benefits filed last week were off 1,000 to 324,000.
Retail Sales Up in April
Washington, DC, May 11, 2006--Retail sales increased 0.5% in April, but most of the increased spending was at the gas pump, the Commerce Department said Thursday.
Beaulieu Announces Dealer Riviera Cruise
Dalton, GA, May 10, 2006--Beaulieu of America is planning yet another journey retailers will once again talk about for years to come.
Buffett Wants Son to Succeed Him at Berkshire
Omaha, NE, May 10, 2006--Warren Buffett, answering calls for a succession plan at his investment company Berkshire Hathaway, says his son, Howard, would be "a double-protector of the culture" as the company's future chairman.
Second Half 2005 Mortgage Volume Up, Homeowners Sh
Washington, DC, May 10, 2006--First mortgage originations increased by 14 percent from the first half to the second half of 2005 according to the Mortgage Bankers Association's (MBA) Mortgage Originations Survey released today.
Beaulieu Offers Hollytex U.P. Service Guarantee
Dalton, GA, May 10, 2006--Beaulieu of America announced a new service policy on Hollytex Ultimate Performance.
Federated Posts 1Q Loss
Cincinnati, OH, May 10, 2006--Federated Department Stores Inc., reported a loss of $52 million, or $0.19 per share for the first quarter.
More Than 1,300 Builders Converge On Capitol Hill
Washington, DC, May 10, 2006--More than 1,300 builders from across the country are holding nearly 400 meetings today with their representatives and senators to urge them to increase housing opportunities for all Americans.
Fed Expected to Raise Rates Today
Washington, DC, May 10, 2006--Federal Reserve policy-makers began a meeting on Wednesday that economists expect will yield a 16th straight interest-rate hike but also may signal that future increases are less certain.