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MAN Gives Scania Shareholders Until Dec. 11 to Accept Buyout Offer
MAN AG has set a deadline for Scania shareholders to accept the German truck maker’s hostile takeover bid for its Swedish rival, giving investors until Dec. 11 to tender their shares, Bloomberg reported Thursday.
November 16, 2006Industrial Production Rises 0.2% in October
U.S. industrial production rose 0.2% in October, the Federal Reserve said Thursday.
November 16, 2006Consumer Price Index Falls 0.5% in October; Core Gains 0.1%
U.S. consumer prices in October fell 0.5%, matching a drop in September that was the highest since November 2005, the Labor Department reported Thursday.
November 16, 2006Initial Jobless Claims Fall 2,000 For Week
First-time U.S. jobless claims fell 2,000 last week to 308,000, the Labor Department said Thursday.
November 16, 2006Postal Service’s Net Income Falls in Fiscal 2006
Increased fuel and labor costs drove the U.S. Postal Service's net income down to $900 million in its fiscal year ended Sept. 30.
November 16, 2006EPA, SBA Offer SmartWay Upgrade Kit Loans for Small Trucking Companies
The Environmental Protection Agency has partnered with the Small Business Administration to offer loans to small trucking companies to help pay for the agency’s fuel-saving SmartWay Upgrade kits.
November 16, 2006New Volvo Engines Certified to EPA ’07 Standards
The Environmental Protection Agency has certified Volvo’s new engine family to its 2007 emission standards, the truck maker said Wednesday.
November 15, 2006New Jersey Considering Toll-Road Conversions
New Jersey is considering converting several existing highways into toll roads, the Star Ledger reported Wednesday.
November 15, 2006N.Y. Manufacturing Index Rises to Highest Level Since June
Manufacturing growth in New York State in November rose to its highest levels since June, the Federal Reserve Bank of New York reported Wednesday.
November 15, 2006Election Shifts Hill Agenda
The federal election last week, which gave Democrats control of Congress for the first time since 1994, will shake up the Hill’s legislative agenda as well as the Capitol’s lead-ership, observers told Transport Topics.
November 15, 2006