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Private firm Berkshire Hathaway said it will buy 60% of Marmon Holdings, a private company, for $4.5 billion.

Initial jobless claims rose 1,000 last week to 349,000 last week, the Labor Department said Thursday.

Durable goods orders rose 0.1% in November, the first gain in four months, the Commerce Department said Thursday.

Crude oil closed at more than $96 Thursday for the first time in a month, following an Energy Department report that showed declining inventories, Bloomberg reported.

Mexican trucks may continue to operate widely in the United States, under the Bush administration’s interpretation of a new transportation spending law, Bloomberg reported Thursday.

A new federal rule will require highway signs with brighter reflection, the Federal Highway Administration said Thursday.

Specialty truck maker Oshkosh Truck Corp. won a $179.3 million U.S. Army contract for heavy equipment mobility truck systems, Bloomberg reported.

Volvo Trucks North America is recalling 125,000 heavy-duty trucks because of faulty circuit breakers that could cause a fire, Bloomberg reported.

Daimler Financial Services Americas may make fewer loans to finance purchases of commercial trucks in 2008, and its chief executive officer sees a slow year ahead for U.S. truck sales, Bloomberg reported.