Industrial Production Rises 0.4% on Higher Utility Output
Industrial production rose 0.4% in March, led by higher utility output, although factory production dipped 0.1%, the Federal Reserve said Tuesday.
April 16, 2013Diesel Falls 3.5¢ to $3.942 in Seventh Drop
Diesel fell 3.5 cents to $3.942 a gallon and gasoline dropped 6.6 cents to $3.542, the seventh straight decline for both fuels, the Department of Energy reported.
April 16, 2013Shell, TA Move Forward on LNG Commercial Network Plan
Shell Oil Co. and TravelCenters of America said they will develop a nationwide network of liquefied natural gas fueling centers for over-the-road trucking customers.
April 16, 2013FBI, IRS Raid Pilot Flying J’s Tenn. Headquarters
FBI and IRS agents raided the Knoxville, Tenn., headquarters of truck-stop operator Pilot Flying J Travel Centers on Monday, the Knoxville News Sentinel reported.
April 16, 2013Housing Starts Jump 7% in March
Housing starts jumped 7% in March to the highest level in almost five years, the Commerce Department said Tuesday.
April 16, 2013Consumer Price Index Falls for First Time in Four Months
The consumer price index fell 0.2% in March, the first decline in four months, the Labor Department said Tuesday.
April 16, 2013Allison Doubles Dividend, Says 1Q Sales Decline
Allison Transmission Holdings said Monday it is doubling its dividend to 12 cents a share, and the company said in a preliminary estimate that its first-quarter sales slid from a year ago.
April 15, 2013Wheels Group’s 4Q Income Rises
Canadian logistics company Wheels Group said its fourth-quarter earnings before interest and taxes rose during a shortened reporting period.
April 15, 2013C.R. England CEO Wayne Cederholm Dies at 57
C.R. England CEO Wayne Cederholm II died April 9 from complications of a bone marrow transplant. He was 57.
April 15, 2013New York Manufacturing Index Expands for Third Month
Manufacturing activity in the New York region expanded for a third straight month in April, though the rate of expansion slowed, the Federal Reserve Bank of New York said Monday.
April 15, 2013