Former Federal Reserve governor Laurence Meyer projects that excluding the impact of potential fiscal stimulus and lower interest rates, output will contract at a 4% annualized rate in the fourth quarter and a 2% rate in the first quarter, and the jobless rate will exceed 8% by the end of 2009. An article in some editions Wednesday failed to note that the forecast excludes the impact of fiscal stimulus or rate cuts.
Roberto Hernandez, a former employee of American Apparel Inc., handled accounts payable for the company for a time, according to papers he filed as part of a wrongful termination lawsuit against American Apparel. A Nov. 12 Corporate News article about the suit characterized his role as an accountant, a description the company disputes.
Same-store sales rose in the third quarter at the Church's Chicken, IHOP and Marco's Pizza chains. An Enterprise article and headline Tuesday about cost-cutting strategies at franchise restaurants suggested that the chains' same-store sales were falling.
Home Depot Inc.'s new Spanish language e-commerce site has 40,000 items available. A Marketplace article in some editions Monday incorrectly said the number of items was 12,000.
A promotion by eBay Inc.'s PayPal unit to offer holiday online credit lines to customers can't be used on Amazon.com. A Technology article Thursday incorrectly said the credit could be used at Amazon.
The name of General Motors Corp.'s GMC Savana was misspelled as Savannah in a Personal Journal article Wednesday about auto resale values.



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