Global trade deficit signals slowdown amid US economic woes
The June trade deficit fell 0.7 percent to 115.4 billion as global demand weakens. Exports and imports hit their lowest since February 2000, with May deficit revised to 28.5 billion. Analysts expect sluggish trade ahead, amid debate over fast track authority and possible Fed rate cuts.
MENTIONED IN THIS ARTICLE
Jay Bryson
First Union
Bryson
Bush
United States
Congress
Clinton
Capitol Hill
Trade Promotion Authority
America
Kathleen Cooper
Commerce Department
Cooper
U.S
Japan
China
Mexico
Federal Reserve
County panel mulls funding boosts for EMS and radio club
Finney County seeks more money for volunteer radio spotters and law enforcement support with a $5,000 request to replace two LifePak 10c defibrillators and to upgrade EMS gear. Commissioners also consider bids, road designs, and a 2000 audit in a Monday meeting at the Administrative Center.
MENTIONED IN THIS ARTICLE
Gion
Gary Drussel
Radio Club
Drussel
Finney County Emergency Med
Ical Services
EMS Department
Commission
Ers
Public Works Department
Hamil Road
Annie Scheer
Finney County
Ninth St
Military, hikers rescued as Western wildfires spread
Troops deployed to combat fires across Washington and neighboring states as a 5,600 acre blaze in Oregon's Rogue River National Forest and a 74,000 acre Nevada complex burn. Twelve hikers were airlifted to safety including four backpackers near Asgard after warnings of danger. Local officials urged caution as 900 firefighters in California were demobilized for rest.
MENTIONED IN THIS ARTICLE
Mike Kanaga
Asgard
Chelan County
Matt Fields
Army
Washington
Ellen Weston
Coordination Center
Portland
Oregon
Rogue River National Forest
Siskiyot Mountains
Nevada
Midas
California
Susanville
Arizona
Idaho
Oklahoma
Montana
Texas
Wyoming
Ford to cut up to five thousand white collar jobs
Ford Motor Co plans to eliminate between 4,000 and 5,000 North American white-collar positions by year end mainly via retirements. The move, part of an efficiency push, follows prior cost cuts and comes as the auto market slows and rivals restructure.
MENTIONED IN THIS ARTICLE
Ford Motor Co
Detroit
North America
Jacques Nasser
Ford
Nasser
Michigan
North American
Challenger, Gray and Christmas
DaimlerChrysler AG
Chrysler
General Motors Corp
U.S
J.D. Power
Appeals court opens door for penalty against Microsoft
A federal appeals court refused to delay the government antitrust case against Microsoft and sent the matter back to district court to appoint a new judge who will determine penalties. The decision maintains the possibility of a breakup or conduct changes after a hearing, while the Supreme Court may yet review the case.
MENTIONED IN THIS ARTICLE
Microsoft
Washington
Supreme Court
Thomas Penfield Jackson
Jackson
Appeals
Appeals Court
District Court
U.S. Court of Appeals For
District of Columbia
Redmond
Wash
Justice Department
Gina Talamona
Jim Desler
Supreme Court Review
Bill Gates
Napoleon
Company
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