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EPA Air Office Nominee Criticized at Hearing

Members of the Senate Committee on Environment and Public Works sharply criticized President Bush’s nominee for head of the Environmental Protection Agency’s Office of Air and Radiation, objecting to the agency’s stance on certain industrial pollutants.

April 10, 2006

Oil Prices May Surge Again This Year, Journal Says

Even modest shortages of crude oil supplies this summer could boost retail fuel prices to beyond their records of last fall following the big Gulf Coast hurricanes, the Wall Street Journal reported Monday.

April 10, 2006

FedEx Freight Sets 5.95% Rate Increase, Effective April 24

FedEx Corp.’s less-than-truckload unit, FedEx Freight, said late Friday it will implement a 5.95% general rate increase effective April 24.

April 10, 2006

Payrolls Rise by 211,000 in March; Unemployment Falls to 4.7%

U.S. payrolls rose 211,000 in March and the unemployment rate fell to 4.7% from 4.8% the previous month, the Labor Department said Friday.

April 7, 2006

Wholesale Inventories Rise 0.8%, Commerce Reports

U.S. wholesale inventories rose 0.8% in February, the Commerce Department said Friday.

April 7, 2006

Mullen Buys Canadian Investment Firm

Mullen Group Income Fund said late Thursday it signed an agreement to buy a Canadian investment firm. Terms were not disclosed.

April 7, 2006

CD&L’s Fourth-Quarter Profit Declines

Package delivery firm CD&L Inc. said Friday it earned $613,000 or 6 cents a share, down from $914,000 or 4 cents a year earlier for its fourth quarter ended March 31.

April 7, 2006

Deputy FMCSA Administrator Hoemann Leaving in May

Warren Hoemann, the current deputy administrator — and acting administrator — of the Federal Motor Carrier Safety Administration, said Friday he would be leaving the agency in mid-May.

April 7, 2006

Navistar Replaces Auditor, Will Restate Earnings

Truck maker Navistar International Corp. plans to restate earnings results from 2002 through most of 2005 and has replaced its outside auditor, the company said Friday.

April 7, 2006

Fuel Prices May Again Top $3 This Summer, Paper Says

Gasoline and diesel retail prices may jump to more than $3 a gallon this summer during the traditional peak driving season, the Philadelphia Inquirer reported Thursday.

April 6, 2006