Draghi pledge lifts stocks as ECB backs euro
European Central Bank President Mario Draghi vowed to do whatever it takes to preserve the euro. Markets rallied with the Dow up 212 points to 12,888 and the S&P 500 rising 1.7 percent. Bond yields fell in Europe as Spain and Italy cut borrowing costs and the euro climbed to 1.23 dollars.
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John Fox
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Standard & Poor
Philpott Hosts Two Roundtables in Brunswick on Tax Hike Day
Philpott Rubber Co in Brunswick hosts two events with U S Rep Jim Renacci and Lt Governor Mary Taylor. Renacci tours the 1010 Industrial Parkway facility at 8 a m for a Brunswick Chamber roundtable with about a dozen area business reps. Taylor joins at 11 a m with about 10 local business owners to discuss workforce regulation reform and federal health care. Philpott says the events are not connected.
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Brunswick
Philpott Rubber Co
U.S
Jim Renacci
Bradsworth
Industrial Parkway N
Brunswick Chamber of Commerce
Renacci
Mary Taylor
Philpott
Mike Baach
Ford recalls 485000 Escape SUVs for sticking gas pedals worldwide
Ford recalls nearly 485000 older Escape SUVs from 2001 to 2004 with 3 liter V6 engines to fix gas pedal sticking linked to cruise control cables. NHTSA logged 68 complaints including 13 crashes and one death in Arizona, with Ford outlining part replacements and temporary cruise control disconnection as fixes.
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Ford
U.S
U.S. National Highway Traffic Safety Administration
Arizona
Marcey Zwiebel
Zwiebel
Chick-fil-A fuels culture war with review of stance
Atlanta chain defends its opposition to gay marriage drawing boycotts and political backlash while Christian conservatives rally in support. Prominent figures including Huckabee and Santorum back Chick-fil-A Appreciation Day as opponents urge bans in Boston Chicago and beyond.
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the Market IN Review
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