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Delphi Asks Court to Allow Pay Cuts
Auto parts maker Delphi asked a bankruptcy court Friday to void union contracts and allow it to make steep wage and benefits cuts, news services reported.
March 31, 2006Letters to the Editor: Leave Speed Alone
The trucking industry is far too highly regulated as it is, and the fact that people want to put speed limiters on trucks is just another example of over-regulation.
March 31, 2006Oil Price Drops Following Two-Month High
Crude oil prices receded from a two-month high Friday, on speculation that gasoline production may increase, Bloomberg reported.
March 31, 2006Fourth-Quarter GDP Grew at 1.7% Annual Rate
The U.S. economy grew at a 1.7% annual rate in the fourth quarter, higher than previously estimated but the lowest for a quarter in three years, the Commerce Department reported Thursday.
March 30, 2006Ethanol Shortage May Boost Gasoline Prices This Summer
A potential ethanol shortage may boost gasoline prices and cause some gas shortfalls this summer, USA Today reported Thursday.
March 30, 2006Intitial Jobless Claims Drop 10,000 for Week
The number of workers filing initial unemployment claims fell by 10,000 last week to 302,000 last week, the Labor Department reported Thursday.
March 30, 2006Marten Transport Sets First-Quarter Earnings Guidance
Refrigerated truckload carrier Marten Transport said it expects to earn 19 to 22 cents per share in the first quarter.
March 30, 2006Engine Makers Say Service May Make Difference to 2007 Buyers
LOUISVILLE, Ky. — With many fleets undecided about which engine brands to buy in 2007 when emission standards toughen, some manufacturers are focusing on improving customer service to coincide with the launch of those new engines.
March 30, 2006GM May Sell Stake in Isuzu to Raise Cash
General Motors Corp. is in talks to sell shares of Isuzu Motors to three Japanese firms, Bloomberg reported Thursday.
March 30, 2006Ports Firm Declines $3.8 Bln. Takeover Bid, Journal Reports
A British ports company with operations in the United States rebuffed a $3.8 billion takeover bid by a consortium of investors, the Wall Street Journal reported Thursday.
March 30, 2006