Lumber Liquidators Holdings Inc. say Their Products are Safe for Use, Stocks of the Company Drop 25%Submitted by Nalin Sahdev on Tue, 03/03/2015 - 10:58
A TV show broadcasted on Sunday evening had accused Lumber Liquidators Holdings Inc. of selling flooring material that consist a higher level of formaldehyde than permitted by the California regulations. These reports had an adverse effect on the company's stocks and send it reeling down by 25 % on Monday.
A professional new documentary video related to the environmental woes in China and hosted by Chai Jing, has got a huge audience on line in just two days. The documentary was posted online on Saturday and has been viewed by greater than 175 million viewers. The video shows the growing concern that is developing in nation due to pollution and how they are affecting the air, water and soil.
On Monday, the Philadelphia Federal Reserve named its president and the most recent U. S. monetary policymaker. Patrick Harker, who is among its directors and is also the head of the University of Delaware would become the new president of the agency starting from July1. He will be succeeding Charles Plosser who retired on Sunday.
In February, one of the Chinese official gauges for measuring the growth in the manufacturing sector moved up slightly. However the official data revealed that, it still remained in a contradictory area for the second consecutive month.
The growth in the manufacturing sector of China was greater than thought previously for February
Reportedly Attorney General Eric Schneiderman is investigating a December 17 decision of a state board trough which three upstate casinos were chosen for gaming licenses.
On Monday, the proprietor of Tioga Downs in the Southern Tier Jeff Gural, said that on Friday he has met Schneiderman's investigators in Manhattan.
More and more number of Americans is taking financial advice from brokers to help them find the way through a wide range of options for retirement investments, savings for college and more. Many of the people who cater to these investment advices are not obliged to disclose the likely conflicts of interest and their share of commission for the investments.
- Samsung signs deal with Amazon.in to sell Galaxy K Zoom handset in India
- GE unveils smart LED light bulb – ‘Link’
- Report: iPhone 6 likely to be launched one month earlier than expected
- Huawei officially unveils its new high-end Ascend P7 smartphone
- Samsung launches its ‘Galaxy K zoom’ camera specialized-smartphone