Holiday sales offer hope amid mixed October results
Consumers bought fewer new cars but spent on clothing keeping retail sales steady in October as confidence slid to a nine year low amid fears of war with Iraq. The Commerce report boosted Wall Street with the Dow up 143.64 points. Greenspan warned against assuming permanent tax cuts will spur continued growth. Separately, layoffs slowed for a second straight week with initial unemployment claims at 388,000, the Labor Department said.
MENTIONED IN THIS ARTICLE
Washington
Iraq
Commerce Department
Wall Street
Dow Jones
Atei Valiae
Bill
Greenspan
New Aloime Fie
Hanafite
Stocks Rally On Strong Retail News And Iraq Hope
New York AP stocks rose sharply as October retail sales beat forecast and Target and other retailers posted solid earnings. The Dow jumped 143.64 to 8542.13, the Nasdaq gained 50.18 to 1411.52, and the S&P 500 rose 21.74 to 904.27. Analysts cited easing Iraq tensions and robust consumer spending as market catalysts.
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New York
Wall Street
Target
Iraq
U.N
Dow
Standard & Poor
S&p
U.S
Alan Ackerman
Fahnstock & Co
Spider-Man creator Stan Lee sues Marvel Enterprises
Stan Lee, 79, filed suit against Marvel Enterprises in Southern District of New York over profits from Marvel characters. He seeks 10 percent of profits from films and TV using the Spider-Man franchise after the 406 million dollar box office and nearly 200 million in initial video sales.
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Spider-Man
Green Goblin
Doctor Octopus
Doc Ock
Stan Lee
Marvel Enterprises Inc
Spidey
US District Court
New York
Lee
Marvel
Sony Corp
Columbia Pictures
Daredevil
Incredible Hulk
Santa Monica
Calif
Marvel Comics
GM hopes new Epsilon cars challenge midsize market
General Motors sets a major push to reclaim the midsize market from Toyota Camry and Honda Accord with the Epsilon program. Eight GM brands will use a common architecture to produce 1.4 million vehicles annually, starting with the 2004 Chevrolet Malibu. Opel Vectra and Saab 9.3 already debuted in Europe and sold ahead of projections as GM adds shifts to meet demand.
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Detroit
General Motors Corp
Epsilon
United States
Europe
Environment vs catalogs and recycled paper usage
Environmental Defense surveyed 42 major catalog companies and found few use recycled paper. The industry emits 3.6 million tons of paper annually, with 17 billion catalogs mailed yearly. If 10 percent recycled content were used, 851,000 tons of wood could be saved. Companies named include LL Bean, The Sharper Image, Orvis, Pottery Barn, Eddie Bauer, Lands End, Bass Pro Shops, J Crew, JCPenney, Bloomingdale’s, Nordstrom, Williams Sonoma.
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United States
Environmental Defense
National Environmental Group
Cirmtla- Bese Citttion
Victoria Mills
Environmental Group
Ll, Bean
The
Sharper Image
Orvis
the Pottery Barn
Eddie Bauer
Land's End
Bass Pro OdUps
Lie Sportian
GWG
J. Crew
Jcpenney
Bloomingdale’s
Coldwater Creek
Cabela's
Hold Everything
Nordstrom
Travelsmith
Williams Sonoma
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Cheney
John Hancock
Santa
Biw Chaney
Econ
Federal Reserve
Alan Greenspan
Congress
Ramhlinsnox
Labor Department
Hollywood
AE Owen Chesey Tommortit College
Lorain County Community College
Abbe Road
Elyria
Wriniversi Allied Health
Health and Human Services
Mon
University of Akron
University of Toledo Computer Science and Engineering
Computer Science
Thur
Ww. Lorancec.eduldiscovers Upt
Chronicle
General Motors
David Littmann
Comerica Bank
Littmann
Robert Lutz
Scripps Howard
L L. Bean
Ao Acproval
Licalion
Cedar Grove Financial Group
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