Retail spending rises in July as economy shows rebound signs
Americans increased retail spending 0.8 percent from June to July in the strongest rise in five months. Home Depot Macy's and TJX posted higher profits while job growth reached 163,000 in July. Exports hit a record high and consumer confidence improved amid steadier gains in the economy.
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Washington
Commerce Department
Home Depot
Macy's
Macy’s
TJX Cos
T.J. Maxx
HomeGoods
James Donnelly
Tadpole
Donnelly
U.S
Gates Foundation seeks reinvented toilets to aid global sanitation
Seattle based Gates Foundation backs a competition to develop toilets that operate without water or power, capture energy or resources, and cost about five cents daily. prototypes aim to transform waste into energy or charcoal, with field tests in three years and funding roughly 42 million dollars to move ideas from lab to city deployment.
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Seattle
Bill & Melinda Gates Foundation
United Nations
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Carl Hensman
Hensman
Toyota Camry Gains Steam With Sporty Image
Detroit report says a sportier Camry trims its ho-hum image and attracts younger buyers, lifting Camry sales almost 40 percent to 244 000 through July. Toyota’s overall U S sales rise 28 percent with over 1 2 million vehicles sold. market share climbs as Camry leads against Accord and Altima.
MENTIONED IN THIS ARTICLE
Detroit
America
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Scion
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U.S
Bob Carter
GM Recalls Vans Over Fuel Filler Pipe Corrosion Risk
GM is recalling over 10 000 full size vans in the United States and Canada due to rust and leaks in fuel filler pipes. The 2003 and 2004 Chevrolet Express and GMC Savana vans with left side cargo doors are affected. Salt and road chemicals in 20 states plus Washington D C and Canada can trap in a conduit and cause corrosion leading to gasoline leaks and fire risk. no fires or injuries are known.
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Detroit
General Motors
U.S
Canada
States
Washington, D.C
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