Initial reports show automakers having their best sales so far this year in October, despite consumer wariness about the lackluster economy. Foreign carmakers Hyundai, Kia, Subaru and Volkswagen all turned in solid performances…
Mortgage giant Freddie Mac posted a net loss of $4.1 billion for the third quarter, compared with a loss of $6 billion a year earlier.
The company paid a $1.6 billion dividend to the Treasury, which rescued the ailing company two years ago. Freddie M…
Media giant Time Warner (TWX) reported Wednesday its third-quarter earnings fell 21% as the company took a hefty charge. Adjusted earnings, however, rose, handily topping analysts’ estimates as revenue increased. The company also raised its 2010 earnin…
Google’s (GOOG) Street View cars breached U.K. data laws by collecting personal data.
The U.K. Information Commissioner’s Office reversed an earlier ruling that no data breach had occurred. The office asked Google to delete the data “as soon as it is legally cleared to do so,” BBC News said.
Google has come under fire in countries including Canada, Germany and Italy for its Street…
Continue reading U.K. Rules Google Street View Cars Broke the Law
U.K. Rules Google Street View Cars Broke the Law originally appeared on DailyFinance on Wed, 03 Nov 2010 08:33:00.
Filed Under: Company News, Technology, Media, Google
Looking good isn’t going to get any cheaper.
Clothing makers plan to raise prices in 2011 as they struggle to absorb the impact of soaring cotton costs, The Wall Street Journal reported. It cites companies including Hanesbrands, Jones Group and VF as planing to raise prices by as much as 10%.
Cotton prices began to climb about a year ago. At first, retailers and manufacturers held…
Continue reading Clothing to Get More Expensive in 2011 as Cotton Prices Rise
Clothing to Get More Expensive in 2011 as Cotton Prices Rise originally appeared on DailyFinance on Wed, 03 Nov 2010 08:14:00.
Filed Under: Company News, Green, Retail, Market News