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Eaton’s Fourth-Quarter Income Declines

Vehicle parts manufacturer Eaton Corp. said Monday its fourth-quarter profit fell to $163 million, or 98 cents per share, from $256 million, or $1.71, a year earlier.

January 26, 2009

MAN AG Plans Production Suspensions

MAN AG, a German manufacturer of commercial vehicles, plans to suspend truck production for a total of 70 days in the first half of this year, Bloomberg reported.

January 26, 2009

Gas Gains 8¢ in Two Weeks to $1.86, Lundberg Says

Gasoline’s national average price rose 8 cents over the two weeks ended Friday to $1.86 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

January 26, 2009

Existing ºÚÁϳԹÏÍø Sales Rise in November

Existing homes sales increased 6.5% in November, while the median price of a home fell 15% from the same month last year, the biggest drop on record, the National Association of Realtors said Monday.

January 26, 2009

Caterpillar’s 4Q Profit Drops; Plans to Cut 20,000 Jobs

Heavy equipment and diesel engine maker Caterpillar Inc. said Monday its fourth-quarter profit fell 32% and that it would cut 20,000 jobs worldwide.

January 26, 2009

Obama Signs Order for EPA to Allow Stricter Auto Emissions Rules

President Obama Monday signed an order directing the Environmental Protection Agency approve a waiver for California and 13 other states to set stricter automobile emission and boost fuel efficiency standards.

January 26, 2009

Con-way Reports 4Q Loss

Con-way Inc. late Monday reported a fourth-quarter loss, suspended its full-year earnings outlook and set a pay freeze for management and administrative employees.

January 27, 2009

December Truck Tonnage Plunges 14.1%

Truck tonnage plummeted 14.1% in December from the same month last year, the biggest year-over-year decrease since February 1996, American Trucking Associations said late Monday.

January 27, 2009

Diesel Drops 2.8¢ to $2.268

Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.

January 27, 2009

Diesel Drops 2.8¢ to $2.268

<?xml:namespace prefix = o />Diesel fuel’s national average price fell 2.8 cents to $2.268 a gallon, the Energy Department said Monday.

January 26, 2008