President-elect Barack Obama may put spending on roads and bridges at the top of his agenda for stimulating U.S. economic growth, Bloomberg reported Wednesday.
November 5, 2008Search
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Oil Falls to Below $66 a Barrel
Crude oil fell more than $5 to below $66 a barrel Wednesday following an Energy Department report that showed an unexpected increase in gasoline inventories last week, Bloomberg reported.
November 5, 2008Expeditors’ 3Q Income Improves
Logistics firm Expeditors International of Washington said its third-quarter net income rose 15% to $85.5 million, or 39 cents a share, from $74.3 million, or 34 cents, a year ago.
November 4, 2008September Factory Orders Fall 2.5%
U.S. factory orders fell 2.5% in September, the Commerce Department said Tuesday.
November 4, 2008U.S. Auto Sales Drop Sharply in October
U.S. auto sales fell sharply in October, Bloomberg reported.
November 4, 2008Con-way to Close 40 Terminals
Con-way Inc. said it will close 40 truck terminals to streamline its operations and save $30 million to $40 million per year.
November 4, 2008Ontario to Award Grants for Anti-Idling Devices
Ontario trucking companies will be able to apply for provincial grants for anti-idling devices, thanks to a $C15 million program by the provincial government, the Ontario Trucking Association said Monday.
November 3, 2008Construction Spending Drops 0.3% in September
Construction spending fell 0.3% in September, the Commerce Department said Monday.
November 3, 2008ISM Manufacturing Index Plunges to 26-Year Low
An index of U.S. manufacturing fell to a 26-year low in October, the Institute for Supply Management said Monday.
November 3, 2008Intermec Reports Higher 3Q Profit
Technology firm Intermec Inc. said its third-quarter net income rose to $11 million, or 18 cents per share, from $4.4 million, or 7 cents per share, a year ago.
October 31, 2008