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Associated Press | Deere says its second-quarter profit jumped
16 percent as sales of farm and construction equipment improved and is
raising its outlook for the second time this year.
The Moline.-based company says it generated $547.5 million in net
income, or $1.28 per share, in the quarter. That’s up from net income
of $472.3 million, or $1.11 per share, a year earlier. Excluding a
charge related to health care legislation, profit was $1.58 per share.
Associated Press | An Ohio company recalled 2.5 million ride-on
toy buggies Wednesday, because a design flaw can allow them to roll away
uncontrolled.
The buggies, which resemble cars, have long handles so parents can push
them like a stroller.
Associated Press | A new round of inspections was ordered Monday for some Boeing 737s that
can develop a dangerous vibration in the tail.
The inspections cover the mechanism that attaches a movable flap to the
plane’s elevator, the surface in the plane’s tail that points the nose
up or down. If that flap comes loose it can cause a severe vibration,
the Federal Aviation Administration said.
Associated Press | Motel 6 is offering travelers sleek European-style rooms with wood-effect floors, modernistic furniture, bright red blankets, granite counters in the bathroom, and HDTVs with a slew of multimedia hookups. After hiring an outside design consultant, the motel chose to use a haute couture design more often found in the boutique hotels of Hollywood, Amsterdam or Paris — complete with a “sexy” corner couch ready for cocktail hour.
Most Chicago-area hotels now feature the new design.
Hotels and motels normally renovate their properties about every 10 years. Motel 6’s rival operators, Super 8 and Red Roof Inn, are also starting to renovate some of their properties with similar European styling, setting up a battle for the budget traveler with high-style design as the weapon of choice.
