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Consumer Corner: Foreclosure settlement no magic bullet for economy
MEMPHIS, June 28 (UPI) -- Wal-Mart Stores Inc. is about to revamp its traditional image with a new logo for its stores and advertisements, a planning official in Tennessee says.
Chip Saliba, a manager with the office of planning and development for Memphis and Shelby County, said the retail chain is set to change from its reserved blue logo to white letters on a burnt-orange background, The Wall Street Journal reported Saturday.
Saliba said the new logo design, which has been filed with planning officials in Memphis, is a vast improvement from the company's previous "boring" design.
"They have had the most dull, boring signs for 30 years," Saliba said.
"The new one is kind of funky looking, but I like it."
The Journal said the logo, which is expected to be officially unveiled next week, also comes with a white starburst company officials hope will offer a cleaner and brighter image to customers.
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BAGHDAD, Feb. 14 (UPI) --
U.S. supermajor Exxon Mobil won't be able to take part in an oil and natural gas licensing auction scheduled for May in Iraq, a spokesman said.
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WASGHINGTON, D.C., Feb. 13 (UPI) --
Defense industries are weighing the potential impact of proposed defense cuts running into tens of billions of dollars over the next 10 years.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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