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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 13, 2010
Page
11
The Dow Jones industrial average closes above 11,000 for the first time in 18 months, edging up about nine points amid rising hopes for a stronger economy. The S P 500 nears 1,200 as analysts weigh earnings and job data while Greece faces bailout talks and Europe loans.
General Motors says demand in China is so strong its annual sales may reach over 2 million this year and could surpass 3 million by 2015. Growth in China and India is seen as offsetting weakness in the U S as GM works to recover from its 2009 near-collapse.
Washington becomes the first state to ban brake pads with more than 5 percent copper starting 2021, with a phase down to near zero by 2023 if feasible. The law aims to protect Puget Sound and salmon by reducing copper runoff from vehicles, amid industry support for a balanced approach.
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