FedEx Corp. said it may not go through with a $7.7 billion purchase of 30 new jet planes for air freight if federal law is changed to make it easier for its employees to join a union, Bloomberg reported.
March 25, 2009Search
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Fourth-Quarter GDP Contracts 6.3%
The U.S. economy contracted at an annual rate of  6.3% rate in the fourth quarter, marking the biggest contraction since 1982, the Commerce Department said Thursday.
March 26, 2009February New 91ÊÓƵ Sales Rise 4.7%
New home sales rose 4.7% in February after bottoming out in January at the lowest rate on record, the Commerce Department said Wednesday.
March 25, 2009Durable Goods Post 3.4% Gain in February
Durable goods orders rose 3.4% in February, the biggest gain in more than a year and the first in seven months, the Commerce Department said Wednesday.
March 25, 2009Plains States, Highways Hit by Snow, Flooding
President Obama declared North Dakota a federal disaster area as floods from a big spring blizzard caused widespread road closures, and surrounding states to the south and west closed roads due to flooding and high winds, the Associated Press reported.
March 26, 2009Sen. Specter Opposes Card Check Bill
Sen. Arlen Specter, the only Republican senator to support the Employee Free Choice Act when it was debated two years ago, said Tuesday he would vote against the legislation, the Associated Press reported.
March 24, 2009LaHood Says U.S. Seeking to Revive Mexican Trucking Plan
Transportation Secretary Ray LaHood wants to revive the cross-border trucking program with Mexico that lets some carriers from that country deliver goods into the United States beyond a set border zone, Bloomberg reported Tuesday.
March 24, 2009Mass. Pushes Turnpike Toll Hikes to July
The Massachusetts Turnpike Authority board voted Monday to delay a toll increase that was to take effect this weekend, postponing it to July 1, the Associated Press reported.
March 24, 2009Alabama Gov. Signs Steel-Coil Control Law
Alabama Gov. Bob Riley (R) signed into law a measure requiring truck drivers transporting steel coils to be properly trained so that coils are tied down securely, according to the governor’s Web site.
March 23, 2009EPA Eyes Regulating Greenhouse Gas Emissions
The Environmental Protection Agency may seek to limit greenhouse gas emissions, the Washington Post reported Tuesday.
March 24, 2009