Durable Goods Orders Off 0.5% in August
Washington, September, 24-- Orders for new durable goods fell 0.5 percent in August, held back by a 42.8 percent drop in orders for civilian airplanes, the Commerce Department estimated Friday.
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Bed Bath & Beyond 2Q Earnings Up 23%
Union, NJ, September 23--Bed Bath & Beyond Inc.'s earnings rose 23 percent in the latest quarter as overall sales grew 15 percent and sales per store increased.
Dow CEO: Prices Will Rise, Company Will Grow Abroa
Midland MI, September 21--The energy industry will continue growing with the economy as a better balance between supply and demand leads to price increases, said William Stavropoulos, chief executive of Dow Chemical Co.
SMED, Interface AR Take Haworth Name
Holland, MI, September 20-- Calgary-based SMED International and Grand Rapids-based Interface AR are formally changing their names to Haworth, according to the Holland Sentinel.
Daschle Consents to $140B for Asbestos Fund
Washington, September 16-- Plans for an asbestos victims' compensation fund advanced in the Senate on Wednesday as Democratic leader Tom Daschle agreed to $140 billion in overall funding proposed by Republican Leader Bill Frist.
ASID Releases Details on Interiors ‘05
Washington, DC, September 16--The American Society of Interior Designers (ASID) is pleased to announce that INTERIORS '05: The ASID Conference on Design will take place on March 17-20, 2005, at the Manchester Grand Hyatt in San Diego.
Home Depot Will Continue To Reinvest
New York, September 13--Home Depot Inc.'s management will continue to reinvest in the company through elements such as new stores, store modernization and information technology, chairman, president and chief executive Bob Nardelli said Friday.
Owners of Richmond Retailer Battle Over Dissolutio
Richmond, VA, September 10--The Mercer Rug and Carpet Sales Inc. business might be fading away. The owners of the 35-year-old Richmond business are feuding over company operations, according to the Richmond Times-Dispatch.
Import Prices Up 1.7% in August
Washington, September 9—Import prices in August rose 1.7 percent following an upwardly revised 0.3 percent gain in July, according to a Labor Department report. It was the largest monthly increase since a matching jump in February 2003.
Luxury Consumer Confidence and Spending Rebounds i
Stevens, PA, September 8--Luxury consumers showed a substantial increase in their overall confidence in the second quarter.