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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Sep 26, 2012
Page
16
The Conference Board says the Consumer Confidence Index rose to 70.3 in September from 61.3 in August, the strongest since February. The report notes optimism about job availability and six month outlook, despite August payroll growth of 96,000.
Staples plans to close about 15 U.S. stores and 45 stores in Europe as part of a strategic plan to boost growth. The company will expand online and mobile offerings, refocus leadership in Europe and North America, and expects charges totaling up to $195 million by end of fiscal 2012.
American Airlines formally asked the pilots union to resume contract negotiations as delays and cancellations spike. The union board meets Wednesday to decide next steps amid a protracted dispute over pay and work rules and a bankruptcy judge decision allowing contract breach.
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