Oil Rises Past $81 Following DOE Inventory Report
Oil rose past $81 a barrel early Thursday following the Department of Energy’s weekly report that showed crude supplies increased last week, Bloomberg reported.
March 25, 2010Initial Jobless Claims Fall 14,000 for Week
Initial jobless claims fell by 14,000 last week, the Labor Department said Thursday.
March 25, 2010Sinotruk’s First-Quarter Sales Rise
Sinotruk (Hong Kong) Ltd., China’s biggest heavy-truck maker, said its sales rose “significantly” this quarter after higher government spending on infrastructure spurred demand, Bloomberg reported Thursday.
March 25, 2010Volvo’s N. American Deliveries Slip; Global Figures Rise
Volvo AB said its North American deliveries fell in February from a year ago, but its worldwide deliveries rose 11%.
March 24, 2010Durable Goods Orders Rise for Third Month
Durable goods orders rose for a third straight month in February, the Commerce Department said Wednesday.
March 24, 2010Accuride Reports Loss for 2009
Truck component maker Accuride Corp. said Wednesday it lost $140.1 million, or $3.59 per share, in 2009, compared with a loss of $328.3 million, or $9.24, in 2008.
March 24, 2010New Home Sales Fall to Record Low in February
New home sales fell in February to a record low, the Commerce Department said Wednesday.
March 24, 2010Oil Slips to Near $80 a Barrel
Oil fell for the first time in three days Wednesday to near $80 a barrel, in advance of the Department of Energy’s weekly inventory report.
March 24, 2010Ambassador Bridge Owner Sues Canada, United States
The owner of the Ambassador Bridge connecting Detroit to Windsor, Ontario, has filed suit against the Canadian and United States governments and the U.S. Coast Guard claiming they are trying to get him to sell the bridge and prevent him from building a second span alongside the existing one.
March 24, 2010LaHood Says Feds Close to Decision on I-80 Tolls
Transportation Secretary Ray LaHood said the federal government is close to a decision on whether to allow Pennsylvania to toll Interstate 80 as part of that state’s transportation funding plan.
March 23, 2010