Factory Production Rises by Most in Six Months
U.S. factory production rose in February by the most in six months, indicating manufacturing is starting to recover from severe winter weather, the Federal Reserve reported March 17.
March 17, 2014Retail Sales in US Increase for First Time in Three Months
Retail sales in the U.S. rose in February for the first time in three months, a sign consumers are starting to shake off the effects of the harsh weather that had curbed spending even more than previously estimated.
March 13, 2014Jobless Claims in US Fall to Lowest Level Since November
The number of Americans filing applications for unemployment benefits unexpectedly fell last week to the lowest level since the end of November, a sign of further improvement in the labor market.
March 13, 2014US to Sell 5 Million Barrels of Strategic Oil Reserve
The Obama administration said it plans to sell 5 million barrels of crude from the U.S. Strategic Petroleum Reserve in a test of the distribution system.
March 12, 2014U.S. Gasoline Declines to $3.294 a Gallon in Lundberg Survey
The average price for regular gasoline at U.S. pumps fell 1.69 cents to $3.294 a gallon in the past two weeks, according to Lundberg Survey Inc.
March 10, 2014Ex-Teamsters Official Sentenced
Former top Teamsters official William Hamilton Jr., who was convicted of charges of embezzling $885,000 in union funds to help get Ron Carey re-elected as union president, was sentenced Tuesday to 36 months in prison.
March 14, 2000UPS Urges Breakup of Deutsche Post
United Parcel Service got a cool reception from the European Commission to its request to consider that Deutsche Post AG split its activities, which include Danzas Holding and Air Express International.
March 13, 2000Paccar Financial to Sell Debt
Paccar Financial Corp. filed with the Securities and Exchange Commission to sell as much as $2.5 billion of senior debt securities.
March 3, 2000UPS Considers Lawsuit in Canada
United Parcel Service is threatening to sue the Canadian government for favoring Canada Post’s courier services and contravening North American Free Trade Agreement regulations.
February 29, 2000Volvo Adds Concessions in Scania Bid
The European Commission confirmed that it received a new proposal containing concessions by Swedish truck maker Volvo as it seeks approval of its purchase of rival manufacturer Scania.
February 25, 2000