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GM to recall 231,000 vehicles with fire hazard
WASHINGTON, June 14 (UPI) -- U.S. retail sales and food service sales fell 0.2 percent in May from April, the Commerce Department said Tuesday.
The drop was less than expected. Forecasts had pegged the decrease as likely to come in at 0.3 percent to 0.6 percent. Excluding auto sales, which dropped 2.9 percent, sales rose 0.3 percent, Commerce said.
Total sales settled down to $387.1 billion, off from the previous month, but 7.7 percent higher than May 2010.
From a year ago, sales at gasoline stations rose 22.3 percent, while non-store retail sales, which includes catalogs and Internet commerce, rose 15.9 percent in the same 12 months.
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BEIJING, June 18 (UPI) --
The Chinese city of Shenzhen has launched the first of seven pilot emission trading schemes planned for China, the world's largest greenhouse gas emitter.
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PARIS, June 18 (UPI) --
MBDA's Meteor air-to-air missile is to be integrated onto Eurofighter Typhoon fighters, complementing missile systems already used by the aircraft.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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