Reynolds and Reynolds buys Orlando Business Systems
Reynolds Documents Services division announces the acquisition of Orlando Business Systems in Virginia, a dealer of business forms for auto dealerships. Terms not disclosed. The move follows a separate private deal revealing a Boston tech firm purchase.
MENTIONED IN THIS ARTICLE
Reynolds and Reynolds Co
Documents Services
Orlando Business Systems
Reynolds and Reynolds
Reynolds
Orlando
AK Steel Pays 1.6 Million in Settlement for Violations
AK Steel Corp based in West Chester will pay a 1.6 million civil penalty to settle air pollution violations at its now closed Ashland coke plant. The pact requires at least 2 million in emissions improvements at the Ashland West Works facility with Kentucky receiving 25 thousand dollars of the penalty.
MENTIONED IN THIS ARTICLE
AK Steel Corp
West Chester
Ashland
AK Steel
Ashland West Works
Kentucky
U S Economy Shows Strength As Growth Accelerates
The Conference Board leading indicators rose 0.6 percent in July to 96.0, signaling stronger growth in the second half of 2013. Eight of ten components rose, aided by stock gains and higher building permits, while jobless claims fell to a six-year low despite a small weekly uptick. The economy grew 1.4 percent in H1 and may reach about 2.5 percent later in 2013.
MENTIONED IN THIS ARTICLE
Washington
U.S
Conference Board
Auto industry warns on Pacific trade pact risks
Big Three and Ohio senators Portman and Brown warn the Trans-Pacific Partnership could threaten U.S. auto recovery if not negotiated smartly. They cite Japan’s auto exports, a large U.S. auto trade deficit, and calls for an industry oversight body while urging open Japanese market access for American cars and insurance.
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Japan
U.S
Ohio
Rob Portman
Sherrod Brown
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Chile
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Center For Automotive Research
Michael Froman
Tokyo
TPP
Missouri
Matt Blunt
Detroit
Chrysler
Ford
General Motors
American Automotive Policy Council
Paul Sandya
Associated Press
Sears 2nd quarter loss widens as sales weaken
Sears Holdings Corp reports a widened second quarter loss as weak demand hits a broad range of goods including appliances. U S stores open at least a year fell 1.5 percent with Kmart down 2.1 and Sears down 0.8. Revenue slid 6 percent to 8.87 billion amid store closures and spin off effects.
MENTIONED IN THIS ARTICLE
Sears
New York
Sears Holdings Corp
Kmart
Wal-Mart Stores Inc
Macy's Inc
U.S
Gary Baker
Credit Suisse
Wells Fargo to lay off 2300 mortgage workers nationwide
Wells Fargo will lay off about 2,300 mortgage employees after sending 60 day notices. The reductions follow a drop in mortgage refinancing demand and affect locations across the United States, with the bank citing weaker refinancing activity versus 2012 and 2013.
MENTIONED IN THIS ARTICLE
New York
Wells Fargo
West Chester
Meridian Way
West Chester Twp
U.S
Federal Reserve
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