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White House Backs Off Mileage-Based Tax

The White House backed off a suggestion by Transportation Secretary Ray LaHood that the Obama administration would consider a vehicle mileage tax in lieu of the federal gasoline tax, the Washington Post reported.

February 23, 2009

EPA Rejects Navistar’s Call for Delay on 2010 Engine Rule

The Environmental Protection Agency has rejected Navistar Inc.’s request to allow manufacturers sell engines compliant with either the agency’s 2007 or 2010 emission standards until 2012.

February 23, 2009

EPA Rejects Navistar’s Call for Delay on 2010 Engine Rule

The Environmental Protection Agency has rejected Navistar Inc.’s request to allow manufacturers sell engines compliant with either the agency’s 2007 or 2010 emission standards until 2012.

February 23, 2009

Letters: Back to Basics; Snow Removal Fines; Government Stimulus

Listening to the television pundits trying to divine the future of our economy, I am not unlike millions of people worldwide. We are all watching Washington, waiting for a panacea to the economic woes.

February 20, 2009

LaHood to Consider Vehicle Mileage Tax

Transportation Secretary Ray LaHood wants to consider taxing motorists by how many miles they drive, the Associated Press reported Friday.

February 20, 2009

MAN’s 4Q Income Drops; Will Cut Production

Germany-based truck maker MAN AG will cut costs and extend reductions in its employees’ work hours after the recession and declining sales caused its fourth-quarter profit to plunge by almost half, Bloomberg reported.

February 19, 2009

Philadelphia Fed Factory Index Drops to 18-Year Low

Manufacturing levels in the Philadelphia region contracted in February, the Federal Reserve Bank of Philadelphia said Thursday. The contraction was at the fastest pace in more than 18 years.

February 19, 2009

Consumer Prices Rise for First Time in Six Months

Consumer prices rose 0.3% in January for the first time in six months, led by an increase in gasoline prices, the Labor Department said Friday.

February 20, 2009

Leading Indicators Rise 0.4% in January

An index of leading economic indicators rose 0.4% in January, the largest increase since December 2006, the New York-based Conference Board said.

February 19, 2009