Luxembourg-based freight airline Cargolux has ordered a Boeing 747-400F freighter. The deal was announced as the airline took delivery of a 747 freighter it ordered last year. The plane will be Cargolux’s 14th 747 freighter. It will be delivered in October 2005. Terms were not announced. The plane has a list price of $187.5 million to $214.5 million, but discounts are common. So far this year, Boeing has taken orders for four 747s, all of them cargo jets.
Consumers spent modestly in March, but still helped the economy log solid growth in the first quarter. The Commerce Department reported Friday that consumers boosted their spending by 0.4 percent last month, following a 0.4 percent increase in February, according to revised figures. February’s increase was double the 0.2 percent advance reported a month ago.
Procter &Gamble Co. said Friday that earnings rose 20 percent in its third quarter as brisk business in beauty care, health care and developing markets helped the consumer products giant continue its strong growth surge. P&G said it earned $1.53 billion, or $1.09 a share, for the quarter that ended March 31, compared with $1.27 billion, or 91 cents a share, last year.
U.S. sales of new cars and trucks rose 3 percent to 5 percent in April as consumers continued to take advantage of cash rebates and financing deals, and some spent tax refunds, analysts estimated. Major automakers report their April sales results on Monday.
The Internal Revenue Service on Friday warned consumers about an identity theft operation using e-mail claims of a tax investigation. Neither the Treasury Department nor the Internal Revenue Service send e-mails to taxpayers about issues concerning their accounts. The e-mail tells recipients they can dispute the charges by providing personal information such as Social Security numbers, credit card numbers and driver’s license numbers.
Google Inc., the search engine company preparing for a much-hyped initial public offering, has taken unorthodoxy another step. In the filing, co-founder Larry Page promises to make the world “a better place,” and says the company won’t “be evil.”
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