Retail Sales Off In August, Up In July
September 14, 2004
July’s retail sales numbers were actually stronger than originally estimated but that had little impact in August as clothing and car sales were off.
Recent News
Oracle Moves Headquarters to Nashville to Focus on Healthcare
Oracle has decided to relocate its world headquarters to Nashville, Tennessee. The primary motivation behind this move is to position the company closer to one of the major healthcare centers in the United States.
Dom’s and Foxtrot Grocery Stores Close After Merger
Dom’s Kitchen & Market and Foxtrot Market, two grocery chains based in Chicago, have announced the closure of all their stores. This decision comes six months after the companies merged.
US Federal Trade Commission Bans Most Noncompete Agreements
The FTC has voted to ban almost all noncompete agreements across the country. These agreements often stop employees from working for competing businesses or starting their own ventures.
Tesla Accelerates the Launch of More Budget-Friendly EVs
As a result of the rapid revenue decline in the first quarter of this year, Tesla is channeling its efforts to launch more affordable EVs sooner than expected.