Aldi founder Karl Albrecht dies at 94 in Germany
Karl Albrecht co founder of Aldi and one of the world's richest people has died in Essen Germany at age 94. He and his brother Theo built Aldi from a family store into a global chain and expanded to about 300 stores by 1960 while serving in World War II.
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Associated Press
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Subaru and Mitsubishi Enter Takata Air Bag Recall
Subaru and Mitsubishi join the Takata air bag recall crisis announcing faulty bags that could explode on deployment. Takata airbags have already triggered recalls affecting millions of vehicles from multiple automakers including Honda Nissan Ford Chrysler Mazda and BMW.
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National Highway Transportation Safety Administration
U.S
U.S. firms show rising sales and hiring in second quarter
A NABE survey of 85 firms finds 57 percent reported higher sales in April to June, up from 53 percent prior quarter and 35 percent a year ago, with 36 percent hiring more and 43 percent raising wages. Optimism for July to October remains strong across sectors.
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Mattel Shows Star Wars Car at Comic-Con With Doomsday Toy
Mattel designers in Los Angeles release ten Comic-Con exclusives including a Star Wars Darth Vader die cast Hot Wheels car and a 9 inch Superman Doomsday figure. The firm seeks fan appeal amid broader sales slumps with limited editions ranging from 20 to 85 dollars and auctions for rare pieces.
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Mattel
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