Cool weather dampens Target sales
Target Corp., America's second-largest discount retailer, reported that earnings in its first fiscal quarter, which ended May 4, were lower than anticipated, Bloomberg reported. Analysts blamed higher payroll taxes and cool weather that crimped sales of spring clothing.
Lowe's earnings fall farther behind Home Depot's
Cool spring weather was also blamed for Lowe's Co. Inc.'s lower-than-projected earnings in its first fiscal quarter, which ended May 3. Sales for the home-improvement chain fell 0.5 percent. "The spread between Home Depot and Lowe's (same-store sales) expanded in the first quarter, something we had worried might happen," Janney Capital Markets analyst David Strasser, told Reuters.
Matching autistic workers to programmer jobs
SAP AG, the world's largest business-management software maker, announced it will begin hiring more people with autism as software testers and programmers and in data management, reported CNBC. Autism reduces people's ability to interact with people and to communicate, but some people with autism nevertheless are very intelligent and tend to be detail-oriented, strengths in some of these types of jobs.