Oil plunged more than $15 this week, finishing Friday’s trading below $129 a barrel, Bloomberg reported.
July 18, 2008Search
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Philadelphia Manufacturing Index Declines
Manufacturing levels in the Philadelphia region showed contraction in July for the eighth straight month, the Federal Reserve Bank of Philadelphia said Thursday.
July 17, 2008Housing Starts Jump 9.1%; Single-Family ºÚÁϳԹÏÍø Starts Lag
New housing starts surged in June led by more multifamily construction, but single-family home starts fell, the Commerce Department said Thursday.
July 17, 2008VW Gains Final Approval for Scania Deal
Volkswagen AG said Thursday it has received final approval to gain a majority stake in Swedish truck maker Scania AB, which it plans to do next week, the Associated Press reported.
July 17, 2008USA Truck’s 2Q Earnings Improve
Truckload carrier USA Truck’s second-quarter profit rose to $2.1 million, or 21 cents per share, from $1.6 million, or 15 cents, a year ago.
July 17, 2008Werner’s 2Q Income Declines
Truckload carrier Werner Enterprises’ second-quarter net income fell to $18.1 million, or 25 cents a share, from $22.3 million, or 30 cents, a year earlier.
July 18, 2008Sterling to Cut Shift, Lay Off 720 Workers at Ontario Plant
Sterling Trucks plans to eliminate one of two shifts and lay off 720 workers in Ontario in November, the Canadian Press reported Thursday.
July 18, 2008Industrial Production Gains 0.5%
Industrial production rose 0.5% in June, the Federal Reserve said Wednesday.
July 16, 2008Business Inventories Rise 0.3%
Business inventories rose 0.3% in May, the Commerce Department said Tuesday.
July 15, 2008June CPI Jumps 1.1%; Increase Is Biggest in 26 Years
Consumer prices jumped 1.1% in June, the biggest monthly increase in 26 years, the Labor Department said Wednesday.
July 16, 2008