September retail sales drop 1.5 percent, biggest decline in 9 months, as auto sales plungeOctober 14th, 2009 Retail sales fall 1.5 percent in SeptemberWASHINGTON — Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash for Clunkers program. The Commerce Department says retail sales dropped 1.5 percent last month.
Force Protection to cut 10 percent of work force, or about 120 workers, plans realignmentSeptember 30th, 2009 Force Protection to cut 10 pct of work forceLADSON, S.C. — Force Protection plans to reduce its work force by 10 percent, or about 120 workers, as it copes with a decline in orders for military vehicles over the past year.
United Tech's Pratt & Whitney unit to eliminate 1,000 aerospace jobs in Connecticut by 2011September 21st, 2009 Pratt & Whitney to ax 1,000 Conn. jobsEAST HARTFORD, Conn.
NetJets to lay off 5 percent of work force, halt plans for expansion in OhioSeptember 11th, 2009 NetJets to lay off 5 percent of work forceCOLUMBUS, Ohio — Private air charter service NetJets Inc. says it will lay off 5 percent of its employees in an effort to save expenses.
German second quarter services sales fell 11 percent, Federal Statistical Office saysSeptember 4th, 2009 German services sector sales fall 11 pct in Q2FRANKFURT — The German services sector saw second quarter sales fall 11 percent compared with a year earlier as the economic downturn continued to hurt demand. The Wiesbaden-based Federal Statistical Office said Friday that strong declines were seen in the business services sector, which saw sales fall 13 percent, while the transport and warehousing sector saw a 12 percent drop compared to the April-June period of 2008.
Meltdown 101, by the numbers: Labor market collapse has reshaped the US work forceSeptember 3rd, 2009 Meltdown 101: Changing work force, by the numbersWhen Labor Day arrives Monday, it will be celebrated by a work force that has changed radically since the same holiday in 2008. Over the past year, the labor market has suffered its most wrenching changes in a generation, shedding millions of jobs and changing the profile of the more than 131 million people who head to work every day.
German manufacturing work force down 2.3 percent over past yearJuly 15th, 2009 German manufacturing work force shrinksBERLIN — The German manufacturing sector's work force decreased by 2.3 percent in the year to May, its sharpest decline in five years, government data showed Wednesday. Germany's export-dependent economy sank into recession last year as the global downturn dried up demand for its manufactured goods.
Daimler US posts June sales decline of 26.5 percent for Mercedes-Benz and micro-carsJuly 1st, 2009 Daimler US sales decline 26.5 percent in JuneNEW YORK — Daimler AG said Wednesday that combined U.S. sales for its Mercedes-Benz and smart micro-cars fell nearly 26.5 percent in June compared with the same month a year earlier.
Ford analyst says June could be the industry's best month in '09; sales down less than 30 pctJune 29th, 2009 Ford analyst says June may be best month for '09DEARBORN, Mich. — Ford's top sales analyst said Monday U.S.
Cadence to eliminate 225 jobs, or 5 percent of work force, to save $30 million a yearJune 11th, 2009 Cadence to cut 225 jobs, or 5 pct of work forceSAN JOSE, Calif. — Cadence Design Systems Inc.
Home Depot says its full-year earnings may come in better than previously forecastJune 10th, 2009 Home Depot raises full-year earnings expectationsATLANTA — Home Depot, the nation's largest home improvement retailer, anticipates its full-year earnings may now come in better than previously forecast. The move comes a few weeks after smaller rival Lowe's Cos.
Target May same-store sales decline 6.1 percent, miss Wall Street expectationsJune 4th, 2009 Target May same-store sales slip 6.1 percentMINNEAPOLIS — Target Corp. says its same-store sales declined worse than analysts expected in May.
Phone company Windstream buying Pennsylvania business for $159M in cash, stockMay 11th, 2009 Windstream buying D&E CommunicationsLITTLE ROCK, Ark. — The phone company Windstream Corp.
Report: Drug sales to fall in US, growth slowing globally due to recessionApril 22nd, 2009 Report: Drug sales to fall in US, slow elsewhereTRENTON, N.J. — A new forecast indicates pharmaceutical sales this year will rise globally by the slowest rate in a quarter-century and will actually decline in the U.S.
Personal computer sales dip 19 percent in Q3March 16th, 2009 NEW DELHI - Personal computer (PC) sales, including desktops and laptops, declined 19 percent in the October-December quarter as against the year-ago period, an industry lobby said Monday. 'The total PC sales between October and December 2008 were 1.4 million units, a decline of 19 percent over the corresponding period last fiscal,' the Manufacturer's Association for Information Technology (MAIT) said.