Business

Initial jobless claims fell by 10,000 last week, the Labor Department said Thursday.

A bankruptcy court approved auto hauler Allied Holdings' motion to borrow as much as $315 million to help exit from bankruptcy, Bloomberg reported.

This Mexican truck program is contrary to everything the United States should be doing.

Crude oil futures rose to more than $64 a barrel in early trading Wednesday on the New York Mercantile Exchange, the seventh straight trading day of increases, Bloomberg reported.

The owner of the bridge that connects Detroit to Windsor, Ontario, has applied for $1 billion in U.S. bonds to help pay for a new twin span, and the state agency that will help make that decision is a chief competitor in building a new bridge, the Detroit News reported.

Con-way Exec Named to FMCSA Safety Committee • Ford Recalls Medium-Duty Trucks • Ontario Trucking Sets Plan to Recover Stolen Cargo

United Auto Workers President Ron Gettelfinger said Tuesday the union may strike struggling auto parts maker Delphi Corp. if the company continues with plans to void its labor contracts in court, the Associated Press reported.