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Washington—The Consumer Product Safety Commission (CPSC) said Tuesday that jewelry manufacturers, consumer groups and other … [Read more...]
Accessories magazine's Annual Census Report; industry statistics; retail earnings
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Milan--The United States and Asia have been behind an unexpectedly strong recovery in luxury spending this year but sales are … [Read more...]
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Washington–Though Americans are still operating with the recession in the back of their minds and many have fundamentally changed … [Read more...]
Della Valle Ups Stake in Saks Inc.
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Plano, TX—JCPenney adopted today an anti-takeover defense, after hedge fund manager Bill Ackman and Vornado Realty Trust bought … [Read more...]
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Americans have always been known for their optimism, but this is no longer a given. According to a new Pulse Report by … [Read more...]
Swatch Group Likely to Hit Full Year Profit Goal
Bienne—Swatch Group, the world's largest watchmaker, is likely to reach its sales target this year despite the negative impact of … [Read more...]
Coach Reshuffles Asian Management
New York--Coach has made a number of senior management changes in Asia as the brand seeks to drive expansion in the region. The … [Read more...]
H&M Boosts Sales 16% in September
Stockholm--H&M reported today that its September rose 16% on 2009, thanks in part to the performance of new stores.The store, … [Read more...]
Walmart, Target Pull Kids Jewelry, Toys Due to Lead Levels
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LVMH Posts 23% Increase in Q3, Confident on Q4
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Walmart to Cut Spending, Focus on Smaller Stores
Bentonville, AR--Walmart lowered the high end of its capital spending forecast for fiscal 2011 by $1 billion and says it will … [Read more...]


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Mortal Follies
Encounter Books 2009; US$ 18.99It's not that the dignified and rarefied old Episcopal Church quit believing in God. It's that the God you increasingly hear spoken of in Episcopal circles is infinitely tolerant and given to sudden changes of mind--not quite the divinity you thought you were reading about in the scriptures. Episcopalians of the twenty-first century, like their counterparts... more...
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Investment set to boost area
Last updated at 13:54, Tuesday, 27 March 2012
MULTI-BILLION pound investment on the West Coast of Cumbria will also benefit Furness, the head of Britain's Energy Coast has said.
Tom Gilroy, acting chief executive of the organisation, said he hopes that up to £100bn will be invested in the West Coast economy.
He told a meeting of the Boosting Barrow and Furness Group that partnerships between the Energy Coast and businesses in Furness would benefit everyone.
He said: "I see Barrow as being a very, very important part of the partnerships that we are trying to develop.
"I had a meeting with Jackie Arnold (BAE Systems Submarine Solution's head of financial governance and strategy) and Terry Waiting (from Keep Our Future Afloat Campaign). We had a good clear discussion, where we talked and tried to develop partnerships.
"I think between us, if we can work together and get some positivity going, then we can make a difference and punch above our weight down in Westminster."
Mr Gilroy said projects such as the proposed MOX plants and underground nuclear storage could bring up to £100bn into the Cumbrian economy, and that businesses in Barrow could benefit from this investment.
Chairman of the group, Tim Bell, asked Mr Gilroy if Energy Coast was able to invest in businesses in Barrow.
Mr Gilroy replied that government legislation prevented this, but this would not prevent businesses from being able to gain on the back of successes in the West Coast.
He said: "If they were going to be doing the work in West Cumbria, then the answer to your question would be yes.
"We don't see that as any reason why we can't collaborate."
Mr Gilroy unveiled a blueprint which revealed four areas of investment opportunity for the Energy Coast: optimising nuclear investment, diversification through innovation, supporting infrastructure and growing the area's asset base.
Mr Gilroy also expressed his delight at the news that Glaxo SmithKline is to build a new £350m factory at its site in Ulverston.
He said: "The announcement was absolutely fabulous news for this area.
"We may well be 20 to 30 miles up the coast, but we are really pleased as well."
First published at 13:08, Tuesday, 27 March 2012
Published by http://www.nwemail.co.uk
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11 a.m. update
Crews have reopened Interstate 95 near Port St. John after a crash reported just after midnight closed the northbound lanes of the road.
The two-semi crash caused damage to the road that needed to be repaired before traffic could begin passing through. ...
The lanes were closed nearly 12 hours and backed up traffic for miles, but witnesses report that traffic is flowing again.8:45 a.m. update


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No More Twinkies: Hostess Files for Bankruptcy
By Grace Hwang Lynch on November 16, 2012
BlogHer Original Post
This bakery is closed!
Those packaged treats -- Ho Hos, Ding Dongs, Sno Balls, and of course, the iconic Twinkie -- used to be in every kid's lunchbox, but no more. Their maker, Hostess Brands, is shutting its doors for good.
Hostess products have been American icons since the 1930s, so what happened?
The company has been in a bitter labor dispute, which stalled out in September. On Monday, November 12, the company permanently closed three bakeries as a result of a nationwide labor strike by the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM). Then, yesterday evening, the company announced it was liquidating all its assets because not enough employees had returned to work.
According to a Hostess Brands press release:
"We deeply regret the necessity of today's decision, but we do not have the financial resources to weather an extended nationwide strike," said Gregory F. Rayburn, chief executive officer. "Hostess Brands will move promptly to lay off most of its 18,500-member workforce and focus on selling its assets to the highest bidders."
It's hard to imagine that those colorful packages could permanently disappear from store shelves. The Hostess Brands website says it will continue to ship and sell the baked goods that are already in the pipeline, and the Hostess website says it plans to sell its popular brands, including Hostess, Dolly Madison, Drake's Cakes, and Wonder Bread.
Then again, I have to wonder if their financial troubles don't also have to do with the fact that Americans don't eat like they used to. Remember the Twinkie Defense in the 1980s, when the man who shot and killed San Francisco Mayor George Moscone and Supervisor Harvey Milk blamed his state of mind on the sugary baked good? Many health conscious moms associate Twinkies (and their cousins) with refined sugars, partially hydrogenated fats and preservatives -– not exactly things they want to feed their kids. My oldest son got his first, and only, taste of Twinkies when a classmate brought them to kindergarten for the class snack. And his verdict? Thumbs down.
News and Politics Editor Grace Hwang Lynch blogs at HapaMama and A Year (Almost) Without Shopping.
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Step By Step Step by step the longest march can be won, can be won Many stones can form an arch, singly none, singly none And by union what we will can be accomplished still Drops of water turn a mill, singly none, singly none. From Ruthie Gorton, from the preamble to the constitution of the United Mineworkers of America JB
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