Business News
Honda revamps its small SUVDETROIT — America’s new family car is getting a major face-lift.The Honda CR-V is a compact SUV that for the past three months has been the top-selling vehicle in America excluding pickup trucks.The new Honda, unveiled Thursday, is scheduled to hit showrooms this winter. The timing is perfect, as consumers in the U.S. and worldwide show a preference for smaller SUVs that are almost as fuel-efficient as cars yet have more room to haul cargo and people.The compact SUV passed the midsize car last year to become the top-selling segment of the U.S. market, and it’s showing no sign of turning back.
Office Depot will close for holidayNEW YORK — Office Depot says it will close its stores for Thanksgiving, after three years of being open on the holiday.The office supplies chain said Thursday it reached the decision after weighing both business and personal factors, joining a growing list of retailers who are reversing the trend of being open on the holiday.Office Depot said shoppers can still find deals and buy items online on Thanksgiving, but the stores won’t reopen this year until Black Friday at 6 a.m.
Verizon closing call centersALBANY, N.Y. — Verizon plans to close call centers in five states, including its home state of New York, where the impending loss of hundreds of jobs prompted the governor’s office to label the company’s move as “corporate abuse.”The company said Thursday a consolidation of its call centers will impact about 3,200 workers near Rochester and New York City; Bangor, Maine; Lincoln, Neb.; Wallingford and Meriden, Conn., and Rancho Cordova, Calif.Verizon has 162,000 U.S. employees.
