Diesel’s national average pump price dipped 1.9 cents to $2.773 a gallon, while gasoline jumped 4.9 cents to an all-time record $3.103, the Department of Energy said Monday.
May 15, 2007Search
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Business Inventories Fall; Sales Rise
U.S. business inventories fell in March but sales rose, the Commerce Department said Friday.
May 11, 2007Michelin Forecasts Higher Costs
Tire maker Michelin & Cie. said it will face tougher competition and higher raw materials costs this year, Bloomberg reported Friday.
May 11, 2007Producer Price Index Gains 0.7%
The producer price index rose 0.7% in April, while the core PPI excluding food and energy was unchanged for a second straight month, the Labor Department said Friday.
May 11, 2007April Retail Sales Fall 0.2%
Retail sales fell 0.2% in April, the Commerce Department said Friday.
May 11, 2007Volvo’s 1Q Profit Declines
Truck maker Volvo AB’s first-quarter profit dipped 5.8% as North American sales declined, but the company’s European sales increased, Bloomberg reported Friday.
May 11, 2007Clarke Sets 2-for-1 Stock Split
Canadian holding company Clarke Inc. said Thursday its first-quarter earnings improved, and the company’s board approved a 2-for-1 stock split.
May 10, 2007Feds Probing Oil-Trading Practices
Federal regulators are looking into possible manipulation of crude oil prices by after-hours trading practices, the Wall Street Journal reported Thursday.
May 10, 2007April Import Prices Rise 1.3%
The price of goods imported to the United States rose 1.3% in April in a third straight gain, the Labor Department said Thursday.
May 10, 2007Jobless Claims Fall by 9,000
Initial jobless claims fell by 9,000 last week, the Labor Department said Thursday.
May 10, 2007