August retail sales slow after July surge
Amid higher energy costs and job worries, U S shoppers spent 0.6 percent more in August after a 1.3 percent gain in July. Excluding autos, sales rose 0.7 percent, with energy and food costs lifting wholesale prices 0.4 percent. Families face tighter budgets as gas prices spike and sentiment slips.
MENTIONED IN THIS ARTICLE
Washington
America
Commerce Department
Joel Narofi
Narofi Economic Advisors
Labor Department
University of Michigan
United States
Federal Reserve
Fed
Bush
Paul Taylor
National Automobile Dealers Association
Volatile outlook for natural gas prices grows
Kansas City report quotes American Gas Association chairman Richard Reiten warning that prices will remain volatile due to tight supplies. He cites rising demand up 36 percent since 1986 and projected 50 percent by 2025, depleted existing fields, tepid Canadian imports, and insufficient LNG to bridge the gap. Industry pushes for opening federal land and offshore areas to gas production.
MENTIONED IN THIS ARTICLE
Kansas City
The
American Gas Association
Association
Richard Reiten
Reiten
Northwest Gas
Portland, Ore
United States
Beatles sue Apple Computer over trademark dispute
The Beatles record company Apple Corps Ltd. sues Apple Computer Inc. in London High Court, claiming iTunes violates a 1991 deal on the Apple name and logos. The case seeks an injunction and damages as Apple’s iTunes Music Store expands, with Apple defending the separation of business identities.
MENTIONED IN THIS ARTICLE
London
Apple Corps Ltd
Apple Computer Inc
iTunes
Beatles’ Record Company
Silicon Valley
Steve Jobs
Apple Computer
Apple
Apple Corps
Paul McCartney
Ringo Starr
John Lennon
Yoko Ono
George Harrison
Katie Cotton
Worldwide Communications
Apple Com
Nike settles free speech case over overseas labor claims
Beaverton based Nike agrees to pay 1.5 million to Marc Kasky led suit and 15 million to the Fair Labor Association to boost factory monitoring and worker programs. Settlement ends long dispute over whether Nike’s ads implied labor rights at overseas plants and protected by the First Amendment.
MENTIONED IN THIS ARTICLE
Beaverton, Ore
Nike Inc
TS. Supreme Court
Marc Kasky
San Francisco
Nike
California
Supreme Court
Kasky
U.S. Supreme
High Court
Associated Press
Fair Labor Association
The
Association
Cerned
Patrick Coughlin
Maria Ebitel
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Stenario
Bilion
Knight Ridder
Beatles
Puter
Palo Alto
Calif