Inflation hits 17 year high as prices rise in 2007
U S inflation surged to 4.1 percent for 2007, the fastest in 17 years, driven by sharp energy and housing gains. Core inflation eased to 2.4 percent while wages lagged, fueling recession fears and bets on a Fed rate cut at its January meeting. Stock markets fluctuated as Citi’s $10 billion loss underscored economic weakness and December factory output fell, signaling a potential recession in manufacturing.
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Washington
Labor Department
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Joel Naroff
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Wall Street
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Dow
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Russell
Wilshire
Attock Exchange Hight
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Chalegn
MedNulrn
Syniverse
Prushsem
Ang Mulfibndts
Nalyzat
Chemen
Inds
SciGamas
Grahams
Intel
LearCom Sl
Agreat NY
Levold Nase
Appia Inc
Nyeo
Lowes NY
Cadanf BobEvn NY
NiSource
Nordean
Cisco CetryTal
Northrapg AY
Nvidia S
ChiwdFny NY
Pask Hang NY
Daimier NY
Penny NY
Bardon NY
Pikaor NY
Doll Ine
FolyOne NY A
Iota Ut
PwShs
Etrade
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NASA
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HOP
Cp NY Ee
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Ussteel NY
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Wachovia NY
Ishrek Nya Amey
WalMart Ny A
Af Intel Nash
Walls Fargo AY
Invacare WY
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Pmogh NY
Windsim NY
Kaycorp NY
Yahoo
Nash AB
Sweet Cruda
NYM
Chicago Board of Trade
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Eurpacgramfb
Fundminva LB
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Newperapa m. WS
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Davis Wyvenia
Dodge & Cox Intistic
18 & Cox Stock
Frank Temp-Frenkin
PIMCO
Vanguard
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Dreamliner Delays Hit Boeing 787 Timetable
Chicago based Boeing has delayed the 787 three times with new target flight in late June and first delivery early next year. Outsourced design and production slowdowns by suppliers, plus fastener shortages, pushed the project seven months behind May 2008. Airlines wait, while penalties loom for late planes and customers.
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Boeing
Tast
Seatte
Boeing 787 delayed again pushs first flight to 2008
Boeing announced the 787 Jetliner inaugural flight will be delayed up to three months, pushing first delivery to early 2008. CEO Scott Carson said credibility is tested as the program faces supply chain gaps, global outsourcing, and a slow assembly line.
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Seattle
Boeing Co
Scott Carson
Boe
Pat Shanahan
Scrabulous faceoff widens as Hasbro and Mattel move
Providence Roundup reports Hasbro and Mattel have issued cease and desist letters over Scrabulous, an online Facebook game from India that mimics Scrabble. Scrabulous boasts 600,000 daily users on Facebook and operates at Scrabulous.com.
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Providence
Rhode Island
Scrabulous
Facebook
Hasbro Inc
United States
Canada
Mattel Inc
India
NewPage to shut down Ohio and other plants amid Stora Enso deal
NewPage Corp. says it will close operations at plants in Ohio Wisconsin and Maine as it folds in North American units of Stora Enso Oyj. About 600 jobs are cut with closures in Niagara and Kimberly Wisconsin a Chillicothe Ohio facility and a Rumford Maine paper machine.
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Miamisburg
Ohio
Wisconsin
Maine
NewPage Corp
Stora Enso Oyj
NewPage
Niagara and
Kimberly
Chillicothe
Rumford
Midwest Air Group to cut nearly 400 jobs in SkyWest deal
Midwest Air Group Inc announced it will eliminate about 400 positions by outsourcing Midwest Connect regional flights to SkyWest Airlines Inc. The Oak Creek, Wisconsin based company had fought a takeover by AirTran Holdings earlier, then turned to Utah based SkyWest to cut costs.
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Milwaukee
Midwest Air Group Inc
Airtran Holdings Inc
AirTran
Oak Creek
Wis
Midwest Air
Midwest Connect
Midwest Airlines
SkyWest Airlines Inc
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