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Leading Economic Indicators Jump in January

The index of U.S. leading economic indicators rose for a fourth month in January, as signals pointed to faster economic growth, Bloomberg reported.

February 21, 2006

Wal-Marts Profit Jumps 13% in Fourth Quarter

Wal-Mart Stores said Tuesday its fourth-quarter profit rose 13% to $3.59 billion, or 86 cents a share, up from $3.16 billion, or 75 cents a year earlier.

February 21, 2006

FedEx Signs Agreement to Boost U.S.-Australian Trade

FedEx Corp. said Tuesday that its FedEx Express unit has signed a two-year agreement with the Australian Trade Commission to expand trade between Australia and the United States.

February 21, 2006

Panelists Discuss Averting ULSD Contamination

ORLANDO, Fla. A panel of experts said fuel transporters were working to develop handling procedures to prevent the contamination of ultra-low-sulfur diesel fuel as it is shipped through pipelines, saying the complexity of the system makes maintaining the fuels integrity difficult.

February 21, 2006

Volvo Sets $7,500 Surcharge on 2007 Trucks

TAMPA, Fla. Volvo Trucks North America said it would add a $7,500 technology surcharge to all its trucks sold in 2007, to offset the cost of meeting new emission standards that take effect Jan. 1.

February 21, 2006

UPS to Continue China Expansion

UPS Inc. will open 22 distribution centers in China this spring as part of its expansion in that country, Reuters reported.

February 21, 2006

Letter to the Editor: New Engine Gripes

Click here to write a Letter to the Editor. own a small fleet of Class 8 highway-use, longhaul, flatbed equipment. I bought these units new originally 97 up to 01. I am deluged with electronic malfunction problems, like everyone else.

February 21, 2006

Criticism Mounting on Dubai Connection to U.S. Ports Management

President Bush said Tuesday that a proposed deal allowing a United Arab Emirates company to take over six major U.S. ports should go forward and that he would veto any congressional effort to stop it, the Associated Press reported.

February 21, 2006

Bush Touts Renewable Fuels at Colorado Lab Visit

President Bush Tuesday visited a Colorado renewable energy laboratory as part of a two-day, three-state trip to promote the energy proposals he outlined in his recent State of the Union address, the Associated Press reported.

February 21, 2006

Fed Minutes Show Possibility of More Rate Hikes

The Federal Reserve may need more interest rate increases to continue to tame inflation, according to the minutes of the Federal Reserve Open Market Committees Jan. 31 meeting, which were released Tuesday.

February 21, 2006