The U.S. trade deficit widened by 6% in March, the Commerce Department said Wednesday.
May 11, 2011BusinessSafetyGovernment
I-40 Lanes Reopen in Arkansas
The westbound lanes of Interstate 40 in eastern Arkansas that were closed due to flooding over the weekend have reopened, the Arkansas Highway and Transportation Department said Wednesday.
May 11, 2011Business
TravelCenters’ 1Q Loss Narrows
TravelCenters of America said its first-quarter loss narrowed from a year ago.
May 11, 2011Business
GM to Spend $2 Billion to Upgrade 17 U.S. Plants
General Motors said Tuesday it will pump $2 billion into U.S. assembly plants in eight states as it ramps up production to boost market share, Bloomberg reported.
May 10, 2011BusinessFuel
DOE Lowers Diesel Fuel Price Outlook by 9¢, to $3.89 a Gallon
The Department of Energy lowered its projected diesel average for this year by 9 cents, to $3.89 a gallon, and by 14 cents next year, to $3.93.
May 10, 2011Business
Wholesale Inventories Rise in March
Wholesale inventories rose 1.1% in March, while sales rebounded after a drop a month earlier, the Commerce Department said Tuesday.
May 10, 2011Business
Volkswagen Boosts Stake in German Truck Maker MAN
Volkswagen AG has raised its stake in German truck maker MAN SE, as it seeking to forge a deeper truck alliance between the two companies and Sweden’s Scania AB, Bloomberg reported.
May 10, 2011Business
Imported Goods Prices Rise 2.2% in April
The price of goods imported to the United States rose 2.2% in April, led by increases in fuel and food, the Labor Department said Tuesday.
May 10, 2011BusinessFuel
Diesel Drops 2¢ to $4.104 a Gallon; Gasoline Edges up 0.2¢ to $3.965
Diesel fell 2 cents to $4.104 a gallon, its second downturn in three weeks and biggest decline in almost nine months, the Department of Energy said Monday.
May 10, 2011Business
I-40 Westbound Lanes Remain Closed in Ark. Due to Floods
The westbound lanes of Interstate 40 in eastern Arkansas remained closed for a fifth day Tuesday because of flooding in the region, though the eastbound lanes have reopened, according to the Arkansas Highway and Transportation Department.
May 10, 2011