Scratch-Offs carry New Jersey Lottery through sharp sales decline
TRENTON, NJ – New Jersey Lottery sales totaled $3.3 billion for the fiscal year ending Sunday, a decline of $288 million or 7.9 percent from the previous year, but still resulted in…
Tesla says China sales channel expansion proceeding at normal pace
SHANGHAI (Reuters) – Tesla said on Monday that it is still expanding its sales channels in China at a normal pace, in response to a Reuters report saying it was considering closing…
Tesla aims to double vehicle sales in Germany in 2022 – Automobilwoche
FRANKFURT (Reuters) – Tesla is planning to double vehicle sales in Germany in 2022, German weekly Automobilwoche reported, citing a local executive. “Our goal is to double sales each year, which translates…
European car sales rise in August, ending 13 month run of falls – ACEA
BERLIN (Reuters) – European new car registrations grew in August, bringing an end to 13 months of consecutive decline, data from the region’s carmaker association showed on Friday. The number of new…
Amazon Under Fire In California For ‘Anti-Competitive’ Sales Agreements
Amazon Under Fire In California For ‘Anti-Competitive’ Sales Agreements Trevor Schakohl on September 14, 2022 California Attorney General Rob Bonta launched a lawsuit against Amazon Wednesday for alleged illegal practices he says…
Canada July factory sales drop 0.9% on metals, petroleum
(Reuters) – Canadian factory sales fell 0.9% in July from June, mainly due to decreases in primary metal industries and petroleum and coal products, Statistics Canada said on Wednesday. It was the…
U.S. coffee chains’ sales rise 10% to near pre-pandemic levels -report
By Marcelo Teixeira NEW YORK (Reuters) – Sales by branded coffee shops in the United States increased 10% in the 12 months to June 2022 to reach $45.8 billion, a value that…
Dollarama lifts annual comparable sales forecast on strong demand
(Reuters) – Canada’s Dollarama Inc on Friday raised its full-year same-store sales forecast after topping quarterly revenue estimates, helped by strong demand for its groceries and household essentials as more consumers turn…
UK retailers report slowest sales growth since end of lockdowns-BDO
LONDON (Reuters) – British retailers saw the slowest growth in sales since the end of COVID-19 lockdowns last year as shoppers tightened their belts in the face of soaring inflation, business consultancy…
Sen. Richard Burr’s ‘Well-Timed Stock Sales’ Helped Him Avoid Thousands In Losses, Unsealed Affidavit Says
Sen. Richard Burr’s ‘Well-Timed Stock Sales’ Helped Him Avoid Thousands In Losses, Unsealed Affidavit Says Gabe Kaminsky on September 7, 2022 Sen. Richard Burr’s “well-timed stock sales” prior to the economic downturn…
Ferragamo sales beat forecasts in H1 despite slowdown in China
MILAN (Reuters) -Revenues at Italian luxury group Salvatore Ferragamo topped market forecasts in the first half of the year despite a slight slowdown in the second quarter due to COVID-19 restrictions in…
Euro zone July retail sales rise, but weaker than expected
BRUSSELS (Reuters) – Euro zone retail sales rose in July, but by less than expected because of a continued slump in demand for non-food products, data form the EU’s statistics office Eurostat…
Pentagon To Speed Up Weapons Sales To Allies As US Struggles To Maintain Its Own Stocks
Pentagon To Speed Up Weapons Sales To Allies As US Struggles To Maintain Its Own Stocks Micaela Burrow on September 2, 2022 The Department of Defense (DOD) has stepped up efforts to…
Pentagon aims to speed arms sales to allies to better compete with China- WSJ
(Reuters) – The Pentagon has launched a comprehensive push to accelerate sales of U.S. arms to foreign allies, to better compete with China and replenish arsenals of friendly nations that have given…
Chip wreck: Nvidia sinks sector after U.S. restricts China sales
By Noel Randewich (Reuters) – U.S. chip stocks tumbled on Thursday, with the main semiconductor index down more than 3% after Nvidia and Advanced Micro Devices said U.S. officials told them to…
Former CFO of Claddagh Irish Pubs Parent Company Charged with Defrauding States Out of More Than $1 Million in Sales Tax Revenue
CLEVELAND – First Assistant U.S. Attorney Michelle M. Baeppler announced that the former Chief Financial Officer (CFO) of CDG Acquisition, LLC (CDG), a company registered in the State of Ohio, which owned…
US Chipmaker Ordered To Halt Sales Of Semiconductors To China
US Chipmaker Ordered To Halt Sales Of Semiconductors To China John Hugh DeMastri on August 31, 2022 American chipmaker Nvidia announced in a Wednesday quarterly report that the U.S. government informed them…
U.S. says no weekly agriculture export sales data until Sept. 15
(Reuters) – The U.S. Agriculture Department (USDA) on Wednesday said it would not publish weekly export sales data for crops like corn, soybeans and wheat until Sept. 15 at the earliest, leaving…
Japan July retail sales rise 2.4% year/year – govt
TOKYO (Reuters) – Japanese retail sales rose 2.4% in July from a year earlier, growing for a fifth straight month, government data showed on Wednesday. The median market forecast was for a…
Peloton persuades U.S. judge to send sales tax lawsuit into arbitration
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday handed a victory to Peloton Interactive Inc, saying subscribers must arbitrate their claims that the maker of at-home bicycles improperly…
Las Vegas Man Indicted For Unlawful Manufacture And Sales Of Privately Made Firearms, Including Machine Gun Conversion Devices, Without A Federal Firearms License
LAS VEGAS – Clarence Meekins (36) made his initial appearance today for allegedly possessing a machine gun and selling Privately Made Firearms (PMFs) — including machine gun conversion devices known as “Glock…
Dell’s enterprise heft likely to shield blow from slowing PC sales
By Eva Mathews (Reuters) – Dell Technologies’ focus on corporate clients is likely to shield the company from a slowdown in the personal computer market and help power upbeat quarterly earnings on…
Crispy Cajun Fried Chicken Franchise Officially Launches Nationwide Sales Effort with FMS Franchise
The Louisiana-based fast casual franchise is bringing new heat to the market with a fresh franchise opportunity. Bunkie, LA (PRESS RELEASE) The franchise marketplace is still hot this summer — and now…
Italian Restaurant, John the Baker, Sees Franchise Sales Success in Southeast
The brand has been around since 1960 and is seeing fast growth after its sales push working with the metro Atlanta-based FMS Franchise sales team. Alpharetta, GA (PRESS RELEASE) John the Baker,…
Chinese battery giant CATL posts strong Q2 profit on robust EV sales
SHANGHAI (Reuters) – CATL, the world’s largest electric vehicle (EV) battery manufacturer, more than doubled its profit in the second quarter as Chinese authorities rolled out incentives to boost EV sales to…
Ford to suspend Transit Connect van sales in U.S. by end of 2023 – Automotive News
(Reuters) – Ford Motor Co will stop selling the Transit Connect van in the United States by the end of next year and has scrapped plans to build the vehicle’s next model…
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