LG has revealed it has ceased producing large cathode ray tube (CRT) TV’s for domestic sale in South Korea as a result of lessening demand and the end of the analogue TV signal in the country, which is set for 2013.

Hewlett-Packard has agreed to pay $US55 million to settle claims it defrauded the U.S. government by paying “kickbacks” to other companies to recommend its products, but has reaffirmed its denials of engaging in any illegal conduct.
 

Slovenia’s biggest household appliance maker, Gorenje, has posted a first-half net profit of 4.9 million euros, compared with a significant loss for the same period last year.
 

Henrik Bergstrom has been revealed as Electrolux’s new head of floorcare and small appliances, as well as the executive vice president of AB Electrolux, as of September 15.

 Wal-Mart has gone to the U.S. Supreme Court in an effort to block a single class-action it’s facing from up to 1.5 million female employees who allege the retailer paid them less than it paid men who performed the same jobs.