Obama Plans to Keep Estate Tax, Journal Reports
President-elect Barack Obama plans to keep the estate tax from expiring next year, the Wall Street Journal reported Monday.
January 12, 2009Snow System Moving East; Roads in Several States To Be Affected
Weather forecasters posted winter storm warnings across the Northern Plains Monday, as a cold system threatened the region as it moved south and east, the Associated Press reported.
January 12, 2009Gainey Wins Court Approval for Reorganization Plan
Bankrupt trucking company Gainey Corp. won a battle to reorganize under bankruptcy law when a federal judge ruled it could use its cash to continue to fund its operations, the Grand Rapids (Mich.) Press reported.
January 12, 2009Group Calls for Ban on Cell Phone Use While Driving
A national safety group is advocating for laws completely banning cell phone use while driving, the Associated Press reported.
January 12, 2009Panel Urges Fuel Tax Hikes
WASHINGTON — A national commission studying transportation infrastructure funding is set to recommend that Congress raise fuel taxes now but eventually replace them with levies based on miles traveled.
January 12, 2009EPA Warns of Possible Dioxins In Cummins’ 2010 SCR System
The Environmental Protection Agency said it is concerned that emissions systems using a copper compound that engine maker Cummins Inc. will use in 2010 models could generate “likely human carcinogen” dioxins, in which case it would “likely not certify” the systems.
January 12, 2009Teamsters Ratify YRC Wage Cut
The Teamsters union said employees at YRC Worldwide Inc. have approved a landmark 10% wage cut to help reduce costs as the largest less-than-truckload carrier struggles with falling tonnage in a weak economy.
January 12, 2009Diesel Price Dips for 14th Straight Week, but Gasoline Rises
The U.S. retail diesel average declined 3.6 cents to $2.291 a gallon last week, the 14th consecutive drop, but analysts warned that fleets’ fuel costs are poised to start rising again.
January 12, 2009Teamsters Approve 10% Pay Cut at YRC Worldwide
YRC Worldwide’s Teamsters-union employees voted by a 3-1 margin to accept concessions including a 10% pay cut in exchange for a 15% stake in the company, the two said late Thursday.
January 9, 2009Oil Closes Week Under $41 a Barrel
Oil closed the week under $41 a barrel as U.S. unemployment figures released Friday caused concern on future demand, Bloomberg reported.
January 9, 2009