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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Aug 31, 2011

Page

9

Light crude settles at 88.54 per barrel

The market reports light, sweet crude priced at 88.54 dollars per barrel, reflecting current trading levels. Traders track supply and demand signals as global markets respond to economic indicators and geopolitical developments influencing energy costs.

Stocks rise on Fed stimulus hopes and Dow gains

Stocks rose on Tuesday as investors priced in potential Fed stimulus. The Dow gained 20.70 points to 11,559.95, with Boeing among leaders after board approval for a redesigned engine model, while the S&P 500 and Nasdaq edged higher. Retailers lagged as consumer confidence fell to its lowest since April 2009.

New York Federal Reserve Fed Treasury Joseph Saluzzi Themis Trading Dow Boeing Co Airbus Standard & Poor Kohl’s Corp Lowe’s Cos Best Buy Co. Inc U.S New York Stock Exchange Stephen Carl Williams Capital Group Philadelphia Federal Reserve

Boeing bets on MAX engine for 737 to boost fuel efficiency

Boeing will reengine the 737 with the Leap-1B engine from CFM International, targeting up to 12 percent fuel efficiency gains over the current model and 4 percent per seat versus the Airbus A320neo. Deliveries expected in 2017 with five airlines already ordering 496 planes, as American Airlines plans large buys and competition with Airbus heats up.

Boeing Co Airbus Jim Albaugh Boeing Albaugh CFM International General Electric Safran France CFM Magdy Attia Embry Riddle Aeronautical University American Airlines Fort Worth AMR Corp Chicago American Albough Renton Wash Toulouse

Automakers bet on compact cars amid steady demand

Auto makers including General Motors Ford Toyota and Hyundai plan overtime at compact car plants as consumer demand holds despite weak confidence. The focus is on the Cruze Elantra Focus and other small, fuel efficient models with prices around 16 000 to 40 mpg highway.

Detroit General Motors Ohio Ford Toyota Hyundai Honda Japan Conference Board New Port Richey Tampa Fla Elantra Scott Fink Fink

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