U.S. Economy: Spending Rises, Manufacturing Contracts (Update1)
Bloomberg - Inflation-adjusted spending on durable goods, such as autos, furniture, and other long-lasting items, rose 1.2 percent after rising 1.3 percent. Purchases of non-durable goods increased 0.6 percent after rising 1 percent. Spending on services, which
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PR Inside - LATEST: JAMES BROWN's widow TOMI RAE HYNIE is suing her late husband's kids, demanding half of his estate and the return of her son's toys. The singer, who was left out of Brown's will, insists furniture at the South Carolina home she shared with the
Berkline furniture moving Tenn. cutting operations to Miss.
WAFF - BLUE MOUNTAIN, Miss. Furniture maker Berkline/Benchcraft is moving its leather and fabric cutting operation from Morristown to its plant in Blue Mountain in north Mississippi. The move will affect some 150 employees at its Tennessee facility. The
Mother of James Brown's Son Wants Half the Singer's Estate
WTOL-TV - Hynie's lawyer says she wants to retrieve the "personal possessions" that belong to her and the couple's five-year-old son, including the furniture she picked out -- and her son's toys. Brown's attorney says Hynie never asked for any personal items
K's closure affects mall stores
Pantagraph - It s been a good location for us, very busy, said Warehouse Furniture manager Kiery Nowers. The discount furniture store has been a part of the strip mall for about a year now and has hopes of locking in a five-year expansion to its current month
Furniture Brands Feels the Pain: Fool by Numbers
Motley Fool - A difficult selling environment continues to cause problems for the company. It used promotions and discounting to get rid of slower-moving inventory, and sales fell slightly. As a result, margins fell sharply across the board. Fourteen of 23 Motley
Stanley Furniture 4Q profit falls
Boston Globe - STANLEYTOWN, Va. -- Stanley Furniture Company Inc. said Monday its fourth-quarter profit fell 24 percent on lower sales, decreased production levels and higher costs. Quarterly profit dropped to $4.5 million, or 40 cents per share, from $5.8 million
