Retail sales rise 0.1 pct. after tax increase
BY: Associated Press WASHINGTON — Americans barely spent more last month at retail businesses and restaurants after higher taxes cut their paychecks. The small increase suggests consumer spending may be weak in the January-March quarter, which could hold back economic growth. Retail sales ticked up 0.1 percent in January from December, the Commerce Department said Wednesday. That follows [...] |
Detroit, Toyota see big U.S. sales gains in January
BY: Associated Press DETROIT — American consumers ignored tax increases and trudged through winter weather to buy new cars and trucks at an unusually strong pace last month. “(January) was like a sprinter out of the starting blocks,” said Mike Jackson, CEO of AutoNation Inc., the country’s largest auto dealership chain. Analysts said it will likely be the [...] |
2013 auto sales will be strong, research firm predicts
BY: Associated Press DETROIT — A healthier economy and more new model introductions should push U.S. auto sales above the 15 million mark this year, predicts an auto industry research firm. The Polk research firm says auto sales should continue to lead the country’s economic recovery, rising nearly 7 percent over 2012 to 15.3 million new vehicle registrations. [...] |
Toyota’s Camry performs poorly on new crash test
BY: Associated Press DETROIT — The Toyota Camry, the best-selling car in the U.S., performed poorly this year in a new crash test and failed to get the best safety rating from an insurance industry group. The Insurance Institute for Highway Safety gave the Camry a “Poor” rating on a test that measures how well people are protected [...] |
Better economy, storm delays lift U.S. auto sales
BY: Associated Press DETROIT — A better economy and extra demand after Superstorm Sandy lifted U.S. auto sales last month. Carmakers from Chrysler to Volkswagen reported brisk demand in November, and said sales rose on everything from small SUVs to sedans. Americans are willing to buy a new car or truck because they are more confident in the [...] |
Most automakers report sales jumps despite storm
BY: Associated Press DETROIT — Most major automakers reported sales increases in October despite losing at least three days of business to the punishing rain and wind from Superstorm Sandy. Toyota said its sales rose almost 16 percent for the month, while Volkswagen reported another strong month with sales up 22 percent. Honda sales slowed from double-digit growth [...] |
Toyota recalls 7.43 million vehicles globally
BY: Associated Press TOKYO — Toyota Motor Corp. is recalling 7.43 million vehicles in the U.S., Japan, Europe and elsewhere around the world for a faulty power-window switch — the latest, massive quality woes for Japan’s top automaker. The recall announced Wednesday affects more than a dozen models produced from 2005 through 2010. The power-window switch on the [...] |
White, silver most popular colors for cars
BY: Associated Press DETROIT — If you bought a new vehicle this year, chances are high it was white or silver. Twenty-two percent of cars and trucks built for the 2012 model year have white paint, making it the most popular color worldwide. Silver is close behind, at 20 percent, followed by black at 19 percent. Gray and [...] |
Purchases of cars, homes boost economy
BY: Associated Press WASHINGTON — The U.S. economy is looking more resilient, thanks in part to encouraging signs for the two most expensive purchases most Americans make: cars and homes. Cheap loans and a bounty of fuel-efficient models enticed people to buy new vehicles at a brisk pace last month. And the nation enjoyed another year-over-year surge in [...] |
Prince George’s Co. to install more cameras
BY: Associated Press PALMER PARK — Prince George’s County police are installing new surveillance cameras to deter the vandalism of speed cameras in the county. Authorities say the new cameras will watch over the speed cameras. Police Maj. Robert V. Liberati says one such camera is already up and he plans to have about a dozen more installed [...] |
Business News
- Groundbreaking set for proposed Baltimore casino
- Editorial: Lessons from the Rocky Gap boondoggle
- Christopher Summers: Baltimore’s fiscal future begins now
- C. Fraser Smith: Transparency? Eventually
- Tug’s checked out, B’More Bistro is checking in
- TEDCO celebrates 15th anniversary at awards ceremony
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- Arrest outside bar leads to $72K settlement
- Lawyers take pride in representing members of the armed services
- ‘Junk fax’ suit can go national, U.S. judge rules
- Opinions – 5/23/13: 4th U.S. Circuit Court of Appeals
- Law digest – 5/23/13
- Insurer wants out of civil suit against Huguely
- Despite win, former teacher still on sex offender registry
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Maryland Moment – Marking Memorial Day
A “Field of Flags” was installed by residents of the Charlestown retirement community in Catonsville in preparation for Memorial Day. Each of the 500 flags was sponsored by a local business for $35, with proceeds going to the Wounded Warrior Project and the Charlestown Benevolent Care Fund. Photo submitted by Mel Tansill.
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