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U.S. workers’ productivity grew at a 2.6% annual rate in the first quarter, the Labor Department reported Thursday.

Goodyear Tire & Rubber Co. said late Wednesday it earned $68 million or 35 cents a share for the first quarter, turning around a loss of $78 million or 45 cents a year earlier.

Click here to write a Letter to the Editor. nternational trade through the Los Angeles region will grow by more than 14% this year to a record $302.1 billion, according to an economic study released Wednesday, the Associated Press reported.

Logistics firm Expeditors International of Washington Inc. late Wednesday reported first-quarter net income of $37.7 million or 34 cents a share, up 19% from $31.8 million or 29 cents last year.

The number of U.S. workers filing for initial unemployment benefits rose by 11,000 in the week ended April 30, the second week of increases following three weeks of declines, the Labor Department said Thursday.

General Motors Corp. and Ford Motor Co., the two biggest U.S. automakers, had their credit ratings reduced to junk-bond status by Standard & Poor's.

A federal appeals court ruled Tuesday against the District of Columbia’s law banning rail transportation of hazardous materials in the nation’s capital.

Click here to write a Letter to the Editor. ASHINGTON — The U.S. Supreme Court heard arguments last week over the legality of the fees Michigan charges truckers who deliver goods within the state’s borders.

The Institute for Supply Management said Wednesday its services index fell to 61.7 in April, from 63.1 in March.

A private equity firm said it purchased two Wisconsin less-than-truckload carriers and that the combined company that will generate $365 million in annual revenue.