New U.S. Sticker Rules Define Made in America Labels
Washington reports new auto labeling rules require a sticker listing the combined U S and Canadian parts share the engine and transmission origin the nation supplying more than 15 percent of value and the final assembly site. Effective Oct 1 the rule aims to curb foreign made claims while critics say labor value and multi country builds are misrepresented.
MENTIONED IN THIS ARTICLE
Washington
United States
Canada
National Highway Traffic Safety Administration
U.S
Ers
America
Canadian
NHTSA May Allow Added Domestic Content Explanation
NHTSA decided to permit manufacturers to add a sentence detailing domestic content for vehicles built in the United States. The policy aims to boost U S automakers, though some consumers may be surprised to see assembled in Mexico on a U S nameplate.
MENTIONED IN THIS ARTICLE
NHTSA
United States
Congress
U.S
Mexico
Morry Markowitz
The
Association of International Automobile Manufacturers
Corn and soy futures fall after crop health report
In Chicago, corn and soybean futures declined on the Chicago Board of Trade after the government reported the crops are in the best shape in at least nine years. July corn dropped 3.5 cents to 2.35 a bushel while July soybeans fell 17.5 cents to 6.00 a bushel.
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Chicago
Chicago Board of Trade
Businesses report mixed Q2 results across sectors
Vulcan Materials in Eastern Iowa boosts second quarter sales to 326.7 million and net earnings to 33.7 million, up from a year ago. Inter-Regional Financial Group posts smaller quarter, with 5.9 million earnings and 109.5 million revenue, while GE reports record second-quarter profits of 1.52 billion on 16.2 billion revenue. Hawkeye Bancorporation shows 5.86 million quarterly earnings, up 5 percent, with six-month earnings at 11.4 million.
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Vulcan Materials Co
Iowa
Birmingham
Ala
Inter-Regional Financial Group
Daii Bosworth Inc
Cedar Rapids
Iowa City
Davi Bosworth
General Electric Co
GE Capital Corp
Hawkeye Bancorporation of
Des Moines
Hawkeye
Drive By Fashions Shoots Holes in Clothing Trend
ERRY New Hampshire AP reports artist Frank Allgeyer sells Drive By Fashions that feature bullet hole patterns in trousers jackets T shirts and other items. Prices run 35 15 with authenticity certificates, while state officials call the venture profiting from gang violence.
MENTIONED IN THIS ARTICLE
Erry
N.H
Frank Allgeyer
Allgeyer
State Attorney General’s Office
Derry
Drive By Fashions
U.S. Trade Deficit Widens to Six-Year High in May
The Commerce Department reports May imports and exports increased the goods and services gap to 9.17 billion dollars, the widest since 6 percent years due to higher oil prices and a sharp drop in commercial airliner sales. Analysts note dollar weakness and ongoing export dampening from Europe and Japan.
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Washington
U.S
Commerce Department
Europe
Japan
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