Economy slows as durable goods dip and new home sales slump
U S commerce data show July orders for big ticket manufactured goods up 0.3 percent driven by a 76 percent jump in aircraft demand while excluding transportation a steep drop occurs. New home sales fall 12.4 percent to 276,000 annual pace, the slowest since 1963, signaling renewed recession fears.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
National Association of Home Builders
Paul Ashworth
U.S
Capital Economics
AAA: Labor Day travel rises but near-home focus persists
AAA projects 34.4 million Americans will travel at least 50 miles from Sept 2 to 6, up about 10 percent from 2009 but below 2008. Travelers aim for value amid a sluggish economy, with many staying closer to home and visiting relatives or friends.
MENTIONED IN THIS ARTICLE
Denver
AAA
Auto Club
AAA Travel Services
Glen MacDonell
SEC expands rights for shareholders to nominate directors
The SEC approved changes to let groups owning at least 3 percent of a public company's stock place nominees on the annual proxy ballot. The move, backed 3-2, follows a new financial overhaul law granting SEC authority to implement the rule.
MENTIONED IN THIS ARTICLE
Washington
Securities and Exchange Commission
SEC
Brothers launch scanning firm to digitize medical records
Tom and Matt Chernitsky open File Management Solutions in Lorain County on January 1 to help small medical and dental offices convert paper files to electronic records. Tom, president with 15 years in document management, cites government incentives under ARRA 2009 and benefits like disaster recovery off site storage and OCR searchable archives.
MENTIONED IN THIS ARTICLE
Tom
Matt Chernitsky
Tom Chernitsky
Lorain County
Chicago
New Lorain County Scan Service Launches for Small Businesses
Lorain County opens a new business offering document scanning for small firms and medical offices. Located at 118 Naples Drive Elyria OH 44035 the venture aims to cut costs by digitizing up to 800 pages per hour. Contact Tom Chernitsky for inquiries as they push to help clients transition to electronic records by 2014 15.
MENTIONED IN THIS ARTICLE
Lorain County
ctnews@chroniclet.com
Tom Chernitsky
Wal-Mart asks Supreme Court to overturn class action ruling
Wal-Mart Stores Inc filed with the Supreme Court seeking reversal of a 9th Circuit ruling allowing a gender discrimination suit to proceed as a class action. The appeal targets potential exposure of the retailer to billions in damages from a 2001 San Francisco federal case filed by a woman claiming gender discrimination.
MENTIONED IN THIS ARTICLE
Wal-Mart
Sup
New York
Wal-Mart Stores Inc
U.S. Supreme Court
9Th Circuit Court of Appeals
San Francisco
Wal-Mart Gender Bias Suit Moves Forward
A gender discrimination case accuses Wal-Mart of a pattern and practice of bias against women in promotions pay training and job assignments. The suit follows wire reports on the high-profile claim.
MENTIONED IN THIS ARTICLE
Wal-Mart
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