Trade deficit narrows as exports surge in November 2004
The Commerce Department reports the November 2004 trade gap at 64.2 billion dollars, a 6.7 percent drop from October. Exports rose 18 percent to 109.2 billion amid record aircraft and consumer goods sales while imports declined 1.1 percent as foreign oil prices eased. Analysts see potential for sustained improvement aided by a weaker dollar.
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Washington
U.S
Commerce Department
Boeing Co
Gulf Coast
David Tuether
National Association of Manufacturers
Gerstner & Sons marks 1000th anniversary in Dayton tool chests
Dayton woodworker story traces Harry Gerstner founding a one man shop in 1906 to build custom tool chests. Now 18 employees, the firm produces chests of oak walnut and cherry, sells worldwide, with a 7 foot by 4 foot $7000 gun parts chest as a highlight. Generational leadership continues as Jack Campbell president Scott Campbell VP and Kim Armstrong marketing VP.
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Dayton
Heyman
Harry Gerstner
Gerstner
H. Gerstner & Sons Inc
Harry
Jack Campbell
Scott Campbell
Kim Armstrong
Gersiner
Gerstnes & Sons
Florida
Armstrong
Gerstner & Sons
Federated to Sell Lord & Taylor Chain
Federated Department Stores plans to sell its Lord & Taylor division as it reshapes toward Macy's and Bloomingdale's. Lord & Taylor operates 55 stores mainly in the Northeast with annual sales near 1.9 billion. The sale is expected to close by year end and will be treated as a discontinued operation affecting fourth quarter earnings by about 16 cents per share.
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Cincinnati
Federated Department Stores Inc
Lord & Taylor
Macy's
Bloomingdale's
May Department Stores
Marshall Field’s
New York
Northeast
Minois
Virginia
Michigan
Missouri
Florida
Federated
New York Stock Exchange
Automakers push diesel boost amid cleaner engines and rising fuel costs
Automakers forecast a diesel surge as cleaner engines, higher gas prices, and emphasis on efficiency draw buyers. DaimlerChrysler promotes Bluetec tech debuting in the 2007 Mercedes E320, while Honda and Nissan weigh diesels. Low-sulfur diesel adoption in October is seen as key to meeting stricter standards and expanding US availability.
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Furopéias
U.S
United States
Europe
Daimler Chrysler AG
Dieter Zetsche
Zetsche
DaimlerChrysler
Bluetec
Union
Diesel Technology Forum
Frederick
Allen Schaeffer
California’s
Schaeffer
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