Federal study halts stricter fuel economy rules for light trucks
The National Highway Traffic Safety Administration will not raise the 2004 model year fuel efficiency standard citing insufficient study time. Auto industry pressure and political blocking since 1996, plus safety concerns, shape the debate as manufacturers warn of smaller, less safe fleets.
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Washington
National Highway Traffic Safety Administration
Congress
States offer tax amnesty to delinquent taxpayers in Ohio
Slowing economy pushes states to raise funds via amnesty programs. Ohio offers three months for taxpayers who owe back taxes to pay the amount owed minus half the accumulated interest with no penalties. After amnesty ends, auditing units will be strengthened to pursue delinquent accounts. The move is part of a broader trend with several states projecting hundreds of millions in recovered taxes to cover budget gaps.
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Ohio
Thomas Zaine
Ohio Department of Taxation
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Washington, D.C
Danny Brown
Department of Revenue
Marc Shulman
Detroit
House
Appropriations Committee
Randy Richardville
Richardville
Ohio Senate
Richard Finan
Finan
Cincinnati
Lisa Trachevski
Trachevski
Benton airport expansion cleared by court ruling
Benton wins court ruling to condemn a 1 200 foot tract needed to extend the Benton Municipal Airport runway to 4 000 feet. The decision hinges on market value at filing, despite related property sale and proposed Walmart site. The city aims to meet an April federal funds deadline.
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Benton
West City
Kenneth
Leora Price
Benton City
Rebecca Whittington
Whittington
Pat Bauer
Wal-Mart
3M to Cut 1000 Jobs and Dilute Earnings Decline
MINNEAPOLIS AP 3M will cut 1000 more jobs this year than planned and report a 13 percent drop in fourth quarter earnings. The cuts will come from leaving vacancies as retirees depart and include 1500 more positions from a May restructuring. Q4 earnings were 387 million dollars or 98 cents per share versus 447 million or 1.12 last year, with a 103 million pretax charge noted.
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Minneapolis
Minnesota Mining & Manufacturing Co
W. James McNerney Jr
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