Business News for Sunday March 6, 2011

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Consumer Corner: Back to the future CHICAGO (UPI) -- Nostalgia might be passe but consumers are embracing trends that hearken back to the way granny did things, says Lisa Casey-Weiss, who studies trends for the housewares industry. The observation came as the International Housewares Association prepared for its annual three-day Chicago trade show, which is expected to see 60,000 attendees visiting 2,000 exhibitors arrayed over 13 miles of aisles beginning Sunday at McCormick Place. "Consumers are focusing ... Continue Reading... Post a Comment | Share | Print FORSTA coffee/tea makers recalled WASHINGTON (UPI) -- The U.S. Consumer Product Safety Commission has announced a voluntary recall of FORSTA coffee and tea makers due to risk of injury. The coffee and tea makers, imported from China and sold by IKEA stores nationwide from January 2010 through December 2010, are made of glass that can break unexpectedly under pressure, the commission said in a statement. About 94,000 were sold in the United States and 34,000 in Canada by IKEA Home Furnishings of ... Continue Reading... Post a Comment | Share | Print Cautious optimism follows job report WASHINGTON (UPI) -- February's small improvement in the unemployment rate brings with it a renewed sense of optimism, U.S. economists said. The Labor Department said Friday the unemployment rate ticked lower from 9 percent to 8.9 percent in February. In the month, the economy added 192,000 jobs, the report said. "People hesitate until they feel that the recovery's durable enough, and then they have a tendency to jump in. Maybe we're finally getting to that jump-in moment,"... Continue Reading... Post a Comment | Share | Print Advertisement Why pay over $90 a month for Cable or Sat.TV services? Download A TV! Travelers everywhere are RAVING about this Handy Travel Aid. Click & See Why. BOE goveror slams banking industry LONDON (UPI) -- Bank of England Gov. Mervyn King has chastised British banks for chasing a quick profit at the expense of their customers. The Daily Telegraph reported Saturday that King said in an interview "imbalances (were) beginning to grow again" in the banking industry and that bankers need to steer away from strategies that "simply maximize profits next week." "If it's possible (for banks) to make money out of gullible or unsuspecting customers, particularly ... Continue Reading... Post a Comment | Share | Print     More Headlines • American Express finds a Web partner • Magna fire slows work at GM • S&P trims Toyota's credit rating • Liebherr refrigerators recalled • Southwest expansion show up in performance     More News From ArcaMax Current News Entertainment News Business News Sports Political News Weird News Religious News Lifestyles

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