Government

The average price of U.S. retail dipped 1.2 cents to $2.775 a gallon last week, the fourth straight decline. The fuel, however, remains just 3.3 cents below the high for the year, the Department of Energy reported.

U.S. factory orders rose for the sixth time in seven months in October, the Commerce Department said Friday.

Canadian federal and local authorities have green-lighted environmental plans for the Detroit River International Crossing project, part of a plan for a new proposed bridge crossing between the U.S. and Canada.

Cummins Inc. plans to temporarily cut about 400 jobs at a plant in western New York state starting in January because of expected lower demand for the heavy-duty engines produced there, Bloomberg reported.

The U.S. economy’s service sector contracted last month, the Institute for Supply Management said Thursday.

American Trucking Associations Immediate Past Chairman Charles “Shorty” Whittington is attending the White House’s economic forum Thursday, which is being billed as a “jobs summit.”

Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal third quarter.

A five-day strike by the Teamsters Canada Rail Conference against Canadian National Railway ended Wednesday as negotiations resumed between the parties.

U.S. workers’ productivity surged in the third quarter to an annual rate of 8.1%, increasing at the fastest in six years, the Labor Department said Thursday.