Shiny methods cited for keeping silver as world's top auto paint color for 9th straight yearOctober 1st, 2009 Let it shine: Silver remains top auto paint colorDETROIT — Silver in hues ranging from chrome to charcoal gray extended its reign as the most popular choice for car and truck paint across the globe this year, according to annual data collected by a leading paint maker. Pittsburgh-based PPG Industries Inc.
Target will pay $600,000 civil penalty for importing and selling toys with lead paintOctober 1st, 2009 Target penalized for toys with lead paintWASHINGTON — Target Corp. has agreed to pay a $600,000 civil penalty for importing and selling a variety of toys with high levels of lead paint on the surface.
Private research group says consumer confidence retreats in September amid job worriesSeptember 30th, 2009 Consumer confidence unexpectedly falls in Sept.NEW YORK — Cconsumers' confidence in the economy falls in September as Americans' worries about job security offset any enthusiasm about the rally in the stock market. The Conference Board says that the Consumer Confidence Index now stands at 53.1, down from the revised 54.5 reading in August.
White paint index raises questions about durability of manufacturing recoverySeptember 15th, 2009 Price of white paint component dips at faster paceWASHINGTON — The price of key ingredient in white paint is declining at a faster pace, signaling that a pickup in manufacturing activity could lose some steam. Titanium dioxide prices fell 7.3 percent over the 12 months ending in August, the Labor Department reported Tuesday.
In first stimulus report, White House economists say recovery efforts saved, created 1M jobsSeptember 10th, 2009 White House reports 1 million jobs saved, createdWASHINGTON — White House economists said Thursday that the Obama administration's recovery efforts have saved or created more than one million jobs so far, an optimistic report that economists cautioned was preliminary and uncertain. President Barack Obama has promised that his $787 billion stimulus plan will create or save 3.5 million jobs by the end of next year.
July construction spending falls, reflecting weakness in commercial and government projectsSeptember 1st, 2009 July construction spending slips in JulyWASHINGTON — The government says construction spending edged down slightly in July as weakness in nonresidential building and government projects offset the best showing for home building in 10 months. The Commerce Department said Tuesday that construction spending dipped 0.2 percent in July, worse than the flat reading that economists had expected.
Retail sales post unexpected 0.1 percent decline in July, raising new worries about consumersAugust 13th, 2009 Retail sales unexpectedly dip 0.1 percent in JulyWASHINGTON — Retail sales outside of autos turned in a disappointing performance in July, underscoring concerns about the timing and durability of a recovery from the worst recession since World War II. The Commerce Department said Thursday that retail sales fell 0.1 percent last month.
UK trade deficit widens more than expected in June; economists forecast future narrowingAugust 11th, 2009 UK trade deficit widens in JuneLONDON — Britain's trade deficit widened a little more than forecast in June, official figures showed Tuesday, suggesting that weakness in the pound is not benefiting exporters quite as much as expected. The Office for National Statistics said that the goods trade gap rose to 6.45 billion pounds ($10.60 billion) from 6.17 billion pounds in May.
Durable goods orders plunge by largest amount in 5 months as aircrafts and autos both dropJuly 29th, 2009 Durable goods orders drop 2.5 percent in JuneWASHINGTON — Orders to U.S. factories for big-ticket durable goods plunged in June by the largest amount in five months, reflecting the continuing troubles in the auto industry and a steep drop in demand for commercial aircraft.
White paint index points to less weakness in housing, factory activityJuly 14th, 2009 Price of white paint component dips at slower paceWASHINGTON — The price of a key ingredient in white paint is declining at a slower pace, a signal that the weakness in housing and factory activity should let up a bit. Titanium dioxide prices fell 4.6 percent over the 12 months ending in June, the Labor Department reported Tuesday.
Safety official: Mattel hit with $2.3 million civil penalty for toys with lead-paint hazardJune 5th, 2009 Official: Mattel fined $2.3 million for toy hazardWASHINGTON — Toy maker Mattel Inc. and its Fisher-Price subsidiary have agreed to pay a $2.3 million civil penalty for importing and selling toys with excessive levels of lead.
Productivity rebounds in first quarter while wage pressures ease as recession deepensMay 8th, 2009 Productivity rebounds while wage pressures easeWASHINGTON — The government says productivity rebounded in the first three months of this year while wage pressures eased, both outcomes reflecting the country's deep recession. The Labor Department said Thursday that productivity, the key ingredient to rising living standards, grew at a 0.8 percent annual rate in the January-March quarter, slightly better than the 0.6 percent increase that economists had expected.
Gold prices inch higher as dollar shows more weakness, stocks retreatMay 8th, 2009 Gold prices inch higher as dollar weakensNEW YORK — Gold prices are slightly higher as the dollar shows more weakness and stocks tumble on Wall Street. Energy and agriculture futures are also slightly higher.
Detailed price of Nano variants in Mumbai, DelhiMarch 24th, 2009 MUMBAI - The following is the price list of Tata Nano variants in Delhi and Mumbai:
Nano Standard - Non-AC (BS-III)
Ex-showroom Delhi: Rs.123,360
Ex-showroom Mumbai: Rs.134,250
Nano CX - Solid Paint/AC (BS-III)
Ex-showroom Delhi: Rs.148,360
Ex-showroom Mumbai: Rs.160,320
Nano CX - Metallic Paint/AC (BS-III)
Ex-showroom Delhi: Rs.151,360
Ex-showroom Mumbai: Rs.163,320
Nano LX - Metallic Paint/AC (BS-III)
Ex-showroom Delhi: Rs.172,360
Ex-showroom Mumbai: Rs.185,375
The cheapest Nano variant - BS-II compliant - will cost Rs.112,735 ex-showroom in Pantnagar, Uttarakhand, the location of a Tata Motors factory that will manufacture the small car in the initial phase. However, this model will not be available in Delhi and Mumbai on account of emission norms in place in these cities.
US consumer prices up, but inflation lowest since 1955February 21st, 2009 WASHINGTON - Consumer prices in the US rose in January, for the first time since July, even as the year-on-year inflation rate hit its lowest level in more than a half a century, according to official figures. Products such as clothing, hotels, video and audio entertainment, and cars and trucks were all cheaper than they were in January 2008.