Auto dealers see surprise year end sales boost
Dealers report stronger November demand as Americans replace aging vehicles aided by attractive leases and ample Japanese models. Ed Williamson notes record showroom traffic as promotions and better supplies encourage trades after years of cautious spending and high unemployment.
MENTIONED IN THIS ARTICLE
Detroit
Ed Williamson
Miami Area
Honda Motor Co
Toyota Motor Corp
Japan
Thailand
General Motors
U.S
Jesse Toprak
TrueCar.com
Polk Auto Industry
Houston
David Vener
River Oaks Jeep
Millionaire lobbyists press for higher taxes on the rich
A band of affluent lobbyists stormed Capitol Hill to urge Congress to tax the wealthy more. Inside, GOP critics offered blunt humor while lawmakers from both parties signaled support for a larger deficit deal, yet no concrete agreement emerged as the supercommittee stalled.
MENTIONED IN THIS ARTICLE
Washington
Capitol Hill
Congress
Grover Norquist
IRS
House
Stony Hoyer
Retailers face backlash as stores open at midnight on Thanksgiving
Workers and the public protest the move to midnight openings on Black Friday weekend. Anthony Hardwick of Omaha notes long overnight shifts ruin Thanksgiving plans as Target Best Buy Kohl’s and Macy’s push earlier starts to capture holiday shoppers amid a difficult economy. Retailers cite strong customer demand and a National Retail Federation survey showing rising midnight-store traffic as proof of the shift.
MENTIONED IN THIS ARTICLE
Minneapolis
Anthony Hardwick
Target
Omaha
Neb
Target Corp
Hardwick
National Retail Federation
Stores Open Thanksgiving Midnight as Retailers Appeal to Shoppers
Target and Wal-Mart announce midnight openings for Thanksgiving with extended hours. Target spokeswoman Molly Snyder says customers prefer shopping after celebrations, while Wal-Mart plans discounts starting at 10 p.m. on Thanksgiving and notes many stores already operate 24 hours.
MENTIONED IN THIS ARTICLE
Target
Molly Snyder
Snyder
Hardwick
Wal-Mart Stores Inc
Bentonville
Ark
J&J Moves to Remove Toxins From Baby Products
Johnson & Johnson begins removing formaldehyde releasing preservatives and reducing traces of other potentially cancer-causing chemicals from its baby shampoo and related products in the United States. The company had faced pressure since 2009 from the Campaign for Safe Cosmetics and others to act across all markets.
MENTIONED IN THIS ARTICLE
New Brunswick
N.J
Johnson & Johnson
U.S
For Safe Cosmetics
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Associated Press
Anne D’innocenzio
H Target
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