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Household Durables Household Appliances

  • *Sees market growth in N America, Europe in 2018. STOCKHOLM, Nov 16- Electrolux, one of the world's biggest home appliance makers, is launching an 8 billion Swedish crown investment drive to modernise its factories, especially in North America, to better compete with cheap Asian competition. The Swedish group, and rival of U.S. Whirlpool Corp, has been weeding out less...

  • STOCKHOLM, Nov 16- Sweden's Electrolux expects its main home appliances markets to grow next year, with raw material costs rising at a slower pace than in 2017, it said on Thursday. In its first full outlook for next year, the rival of U.S. Whirlpool Corp said it expected industry demand to rise 1-2 percent in Europe and 2-3 percent in North America.

  • NEW YORK— Every fall, the staff count at Fun.com swells from 150 to as high as 2,000, as the online retailer fills orders for Halloween costumes and decor. The company offers its seasonal staff at the warehouse in North Mankato, Minnesota, an incentive to perform well— those who do will be recommended for jobs at a greeting card manufacturer in town.

  • SHANGHAI, Nov 9- China stocks rose on Thursday, led by the blue-chip index scaling a fresh two-year high, as investors were encouraged by strong inflation data that showed economic momentum remains robust. "The upshot is that price pressures in China appear strong on the back of still rapid economic growth, a tight labour market, capacity cuts and temporary...

  • CHICAGO, Nov 1- Wal-Mart Stores Inc is planning to boost sales and fend off rivals this holiday season by doubling down on incentives for shoppers who buy online and those who visit its stores. The world's largest retailer said it tripled its online selections for the holiday season to 60 million items, and that it would provide free two-day shipping on more than 2...

  • Crock-Pot Express Crock Multi-Cooker

    Instant Pot has become an internet sensation. Now, Crock-Pot is entering the multi-cooker space.

  • STOCKHOLM, Oct 27- Swedish home appliance maker Electrolux reported a slightly bigger than expected rise in third-quarter operating earnings on Friday as a stronger product mix more than offset higher raw material prices. With CEO Jonas Samuelson at the helm since last year, Electrolux has focused on reaching a long-elusive 6 percent margin goal by exiting...

  • SHANGHAI, Oct 25- China's blue-chip shares extended gains to 26- month highs on Wednesday, underpinned by robust profits from tech firms and as the ruling Communist Party revealed its new leadership line-up. During the midday trading break, the Communist Party unveiled its core decision-making body, the Politburo Standing Committee, headed by President Xi.

  • Sears cuts century-old ties with Whirlpool

    Sears Holdings will no longer sell Whirlpool's products, which include Whirlpool's Maytag, KitchenAid and Jenn-Air subsidiaries, according to an internal Sears memo.

  • Jim Cramer questions the way Whirlpool is run. Here's why

    The "Squawk on the Street" news team talk about Whirlpool's outlook and pricing dispute with Sears.

  • WASHINGTON, Oct 19- Whirlpool and GE Appliances asked a U.S. trade panel on Thursday to recommend 50 percent import duties on large residential washing machines to ensure that rivals LG and Samsung follow through on plans to shift washer production to the United States. This is our last chance to get it right, "Whirlpool attorney Jack Levy told the U.S....

  • SHANGHAI, Oct 10- Hobbled by the yuan's unexpected surge this year, more Chinese companies are trading currency derivatives to hedge risks, although many mainland firms remain exposed to swings in China's increasingly volatile currency. Companies in China have for years been accustomed to a stable yuan that moved in one direction for long periods of time.

  • STOCKHOLM, Oct 9- Ericsson has picked the former boss of high-flying mining gear maker Atlas Copco as its new chairman, boosting hopes of a recovery at the Swedish mobile equipment company. Shares in Ericsson rose as much as 2.2 percent on Monday after it said Ronnie Leten would succeed Leif Johansson as chairman, pending a shareholder vote planned for March 28.

  • STOCKHOLM, Oct 9- Ericsson has picked Ronnie Leten, the former boss of mining gear maker Atlas Copco, as its new chairman, as the mobile equipment company battles to revive its fortunes. Ericsson has been hit hard by competition from China's Huawei and Finland's Nokia as well as weak emerging markets and falling spending by telecoms operators, with demand for...

  • WASHINGTON, Oct 5- The U.S. International Trade Commission found on Thursday that surging imports of large residential washing machines harmed domestic producers, a major step toward the imposition of broad duties or quotas on foreign-made Samsung- and LG-brand machines. The commission, voting 4-0 in favor of a finding that the large number of imports was...

  • WASHINGTON, Oct 5- The U.S. International Trade Commission on Thursday found that imports of large residential washing machines were harming domestic producers, in a major step the imposition of duties or quotas on foreign-made Samsung- and LG-brand washers. The case, brought by U.S. appliance giant Whirlpool Corp, asked the ITC to recommend to President Donald...

  • WASHINGTON, Oct 5- The U.S. International Trade Commission on Thursday announced a preliminary finding that U.S. manufacturers of washing machines are being harmed by imports from South Korea. The case, brought by appliance giant Whirlpool Corp, asked the ITC to impose "global safeguard" restrictions on imported washing machines to stop South Korean rivals...

  • WASHINGTON, Sept 7- Appliance giant Whirlpool Corp on Thursday called on the U.S. International Trade Commission to impose "global safeguard" restrictions on imported washing machines to stop its South Korean rivals Samsung and LG from flooding the American market with cheap machines. His concerns were echoed by an executive of GE Appliances, which also makes...

  • WASHINGTON, Sept 7- Appliance giant Whirlpool Corp on Thursday called on the U.S. International Trade Commission to impose "global safeguard" restrictions on imported washing machines to stop its South Korean rivals Samsung and LG from flooding the American market with cheap machines. In testimony to the trade body, Whirlpool Chief Executive Officer Jeff...

  • How to protect your home from flooding

    There is no way to keep a home dry in five feet of rain, but there are steps homeowners can take to protect their homes from strong rain.