Durable goods orders rise softly in November report
U S Commerce Department data show durable goods orders edging up 0.1 percent in November after a 0.4 percent drop in October. Economists expected a 2.2 percent gain, with the rise marking the first increase in four months. Unemployment claims also rose to 349,000, signaling softening labor demand. The Conference Board’s Consumer Confidence Index ticked up to 88.6 in December.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Labor Department
Michael Gregory
BMO Capital Markets Economics
Conference Board
Uly
Skybus back in the air after maintenance issues
Skybus Airlines says it is operating normally again after two days of cancellations due to maintenance on two of seven planes. Spokesman Bob Tenenbaum says the fixed aircraft are flying and two more planes will join service next month, with refunds or rebooking offered to about 1,000 affected travelers between Columbus Milwaukee and Fort Lauderdale.
MENTIONED IN THIS ARTICLE
Columbus
Skybus Airlines
Bob Tenenbaum
Skybus
Milwaukee
Fort Lauderdale
Fla
Tenenbaum
Dow Industrials
Dow Transportation
Dow Utikling
S&p
Russell
Wilshire
Ad 2 Stock Exchange
Nyse Amex Naspaa
Nema
Bolitario
AmDental
SCIE
EvolPetrol
Prat Bio
ILX Rosit
Az Tle Vision
Fremni
LAS Cif Tt Ft
Hau Hingbak
Spain
Barnwel
Ai Laox Dig
China
Chiguia Mt
Xearporn
Gevityhr
An Bader
EkspiNikwi
Islm Gp
San Toa
Cisco
Phizer
Isrustk
Ishemet
Kayoor NY
Atst Inc NY
LNB Bocp Nast
Atcalellue NY
taarCorp
Grea IY
Laveld
Limited
Angie Inc Nas
Lowes Ny
Bane
CnnyTal NY
Nodhropg NY
WBA
ChinaSunn
Oracle
Penney Ny
Wommasts
Piizet NY
Catwden
Damier AY
HG PayOne
Etrade
Spdr Borintex
Amex
Intel
WalsFargo
Wivacare
Windsum
Yahoo
NASA
Sella
Chicago Boat
CME
Chicago Mercantile
NYME
New York Mercantie Exchange
New York Board of Trade Sigstate
Ugar
NYBT
Baia Imma
Amercan
Amgsican
Neweerspa m
Wamuima
Dayig Nyvanta In
Fidelity GrowCo
Fidelity
PIMCO
Stocks decline after Bhutto death spooks markets
Wall Street dropped amid Benazir Bhutto's assassination and weak durable goods data. Dow fell about 192 points as oil prices rose and inflation fears intensified. Durable goods orders rose a meager 0.1 percent, economists expected 2.2 percent, while unemployment benefits rose to 349,000.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Benazir Bhutto
Commerce Department
U.S
Bhutto
Tse
Labor Department
States offer cash incentives to spur green living
Parkland and other cities promote environmental programs with cash rebates for solar panels, drought resistant landscaping, and energy efficient upgrades. Parkland plans to issue checks to 25 000 residents, while state programs already offer credits and loans, attracting questions about sustainability and costs.
MENTIONED IN THIS ARTICLE
Parkland
Fla
Jason Hartke
U.S. Green Building Council
Jared Moskowitz
Maskowitz
Biotech generics loom as 2008 FDA pathway debate
The biotech drug patent expirations may push Congress to pass an FDA biosimilars pathway in 2008 enabling cheaper copies of cancer and anemia medicines. Hospira CEO Christopher Begley argues generic biogenerics would lower costs, while current Hatch Waxman rules favor chemical drugs and delay biosimilar competition.
MENTIONED IN THIS ARTICLE
Chicago
Biotechnology
Merck & Co
Zocor
Pfizer Inc
Congress
Food and Drug Administration
Christopher Begley
Hospira Inc
Lake Forest, Ill
FDA
Begley
Also Mentioned on This Page
The
Associated Press
Pakistan
Tim Paradis
Robert A. Marks
Source
Infarsiala Renewable Energy Council
Dow Jones
Hes
Commoories
Industrials
Bai Dow Jones
Tapa