Demand for new cars and trucks should be better than it was a year ago. But expectations now are for lower sales than in August, itself unimpressive. That would leave autos stuck in a four-month-long rut.
Conti…
Internet phone provider Skype and Facebook Inc are in discussions to join forces on communications services, The Wall Street Journal said.
As part of a partnership to be announced in the next few weeks, Facebook users will be able to sign into Skype …
Jack in the Box Inc. (JACK) will close 40 under-performing restaurants, mainly in Texas and the south-east.
The fast food company will close the restaurants by the end of the fiscal year on Oct. 3, Jack in the Box said in a statement. Jack in the Box has a total of more than 2,200 restaurants.
“These restaurant closures are expected to have a positive impact on our future earnings,…
Continue reading Jack in the Box Closing 40 Restaurants
Jack in the Box Closing 40 Restaurants originally appeared on DailyFinance on Thu, 30 Sep 2010 07:39:00.
Filed Under: Company News, Economy, Retail
New data from RealtyTrac shows that 24% of all U.S. properties sold in the second quarter were foreclosed homes. The group projects that the U.S. “will get through the distressed inventory largely by the end of 2013.”
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Rolls-Royce Group said CEO John Rose will step down at the end of March after more than 14 years in charge of the company.
Rose turned Rolls-Royce into the world’s second-biggest aircraft engine maker, Bloomberg News said. John Rishton, who is currently CEO at retailer Royal Ahold NV, will replace Rose.
Rishton is currently a non-executive director at Rolls-Royce and was previously…
Continue reading Rolls-Royce CEO Rose to Retire in March
Rolls-Royce CEO Rose to Retire in March originally appeared on DailyFinance on Thu, 30 Sep 2010 06:53:00.
Filed Under: Energy, Company News, Technology, People, Green