Canadian holding company Clarke Inc. said Thursday its first-quarter earnings improved, and the company’s board approved a 2-for-1 stock split.
May 10, 2007BusinessFuelGovernment
Producer Price Index Gains 0.7%
The producer price index rose 0.7% in April, while the core PPI excluding food and energy was unchanged for a second straight month, the Labor Department said Friday.
May 11, 2007BusinessGovernmentSafetyFuel
Feds Probing Oil-Trading Practices
Federal regulators are looking into possible manipulation of crude oil prices by after-hours trading practices, the Wall Street Journal reported Thursday.
May 10, 2007BusinessGovernmentLogistics
U.K. Hedge Fund Seeks Rail Returns
A British hedge fund that owns shares of U.S. railroads Union Pacific Corp. and BNSF Railway, in addition to its previously disclosed holdings of CSX Corp., wants better returns from its U.S. rail holdings, Bloomberg reported.
May 10, 2007BusinessGovernment
April Import Prices Rise 1.3%
The price of goods imported to the United States rose 1.3% in April in a third straight gain, the Labor Department said Thursday.
May 10, 2007Government
Trade Deficit Jumps 10.4% in March
The U.S. trade deficit grew by 10.4% in March as oil imports surged, the Commerce Department said Thursday.
May 10, 2007BusinessFuelGovernment
Oil Falls as Inventories Rise
Crude oil futures prices fell to their lowest level in seven weeks Wednesday following an Energy Department report that showed inventories rose last week.
May 9, 2007BusinessSafetyGovernment
Safety & Security Briefs
May 9, 2007
BusinessSafetyGovernment
Senator Seeks Stricter Rules for Hazmat Drivers
Sen. Barbara Boxer (D-Calif.) has asked the Department of ºÚÁϳԹÏÍøland Security to come up with stronger guidelines for truckers who transport gasoline and other hazardous materials, the Associated Press reported.
May 9, 2007