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More Delphi Workers Accept Buyouts
About 6,300 workers at bankrupt auto parts supplier Delphi Corp. have accepted buyouts or retirement incentives to leave the company, Bloomberg reported Friday.
August 18, 2006Oil Down 4.3% For Week
Crude oil rose $1.14 to close at $71.14 a barrel on the New York Mercantile Exchange, a 4.3% decline for the week, Bloomberg reported Friday.
August 18, 2006Nottingham Sworn in as New STB Chair
Charles Nottingham was sworn in this week as chairman of the Surface Transportation Board, the STB said Wednesday.
August 17, 2006Dallas Fed Bank President Says Inflation on the Rise
Richard Fisher, president of the Federal Reserve Bank of Dallas, said inflation is on the rise, making it difficult to say whether future Fed hikes are possible, the Associated Press reported.
August 17, 2006Texas Senator Opposes South Texas/San Antonio Toll Road
U.S. Senator Kay Bailey Hutchison (R) said she opposes the construction of a toll road connecting South Texas to San Antonio as part of Texas Gov. Rick Perry’s (R) proposed Trans Texas Corridor, the Houston Chronicle reported Wednesday.
August 17, 2006Bradley Issues Positive Industry Outlook at NMFTA Meeting
David Bradley, the chief executive officer of the Candaian Trucking Alliance, issued a positive outlook for the trucking industry last week in Ontario at the first annual meeting of the National Motor Freight Traffic Association, CTA said in a statement.
August 17, 2006Philadelphia Manufacturing Growth Accelerates in August
The pace of manufacturing growth in the Philadelphia area rose more than expected in August as manufacturing new orders increased, the Federal Reserve Bank of Philadelphia said Thursday.
August 17, 2006Initial Jobless Claims Fall 10,000 for Week
First-time U.S. jobless claims fell by 10,000 to 312,000 last week, the Labor Department said Thursday.
August 17, 2006Leading Economic Indicators Decline in July
An index of U.S. leading economic indicators dropped 0.1% in July, the Conference Board reported Thursday.
August 17, 2006NHTSA Announces Drunk Driving Crackdown
The National Highway Traffic Safety Administration is beginning a new campaign to crack down on drunk driving, NHTSA said Wednesday in a release.
August 17, 2006