Gasoline costs loom over voters and budgets nationwide
A nationwide Associated Press survey finds 9 in 10 expect gas prices to hurt families and dining out. It notes 47 percent foresee serious hardship from higher fuel costs, up from 30 percent in June 2004, while regular gas averaged $1.97 a gallon nationally.
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Chrysler to close Missouri plant and cut another's shifts
Chrysler LLC will close the St. Louis South minivan plant effective Oct. 31 and reduce St. Louis North pickups to one shift from Sept. 2, affecting 2,400 jobs in Fenton. Executives cite Slumping demand for larger vehicles with no recall of recall plans yet.
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Miller and Coors Combine to Form MillerCoors LLC
Miller Brewing and Coors merge to form MillerCoors LLC, a joint venture with $7 billion in annual sales and 29 percent U.S. market share. The integration plan targets $500 million in annual savings and a reduced workforce as brands like Miller Lite and Coors Light lead the combined business.
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Lawsuits challenge Ohio hormone milk labeling rule
Two dairy trade groups sue in Columbus federal court over an Ohio rule requiring an FDA disclaimer for hormone free milk. They argue it violates free speech and burdens interstate commerce by forcing labels to state no significant difference between milk from cows treated with recombinant bovine somatotropin and untreated milk.
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