Detroit area automakers boost May sales amid strong pickups
Ford up 14 percent and GM up 3 percent in May as Ford F-Series and GM trucks drive gains. Nissan posts 25 percent rise led by Altima. Honda and Toyota show modest gains while VW America falls. Subaru leads among rivals. Cadillac up 40 percent signals luxury strength.
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FDA to reexamine Avandia heart risk at advisory hearing
The FDA released a report ahead of an advisory committee session to reassess GlaxoSmithKline's diabetes drug Avandia. The review follows earlier concerns from a 2007 study about cardiovascular problems, and the agency may keep, adjust, or withdraw current restrictions. The commissioner may follow or diverge from the panel's guidance.
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GlaxoSmithKline
U.S. Food and Drug Administration
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Gas prices rise in Ohio report shows higher than national average
Ohio regular gas averages about 3.83 per gallon in a Monday survey by AAA OPIS and Wright Express. The price is 14 cents higher than last week and 21 cents above the national average, with the Ohio level up 15 cents from last month and 27 cents from the 2012 level amid weak global economic outlook.
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Auto Club Aaa
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Dunkin Adds Glazed Donut Breakfast Sandwich to Menu
Dunkin Donuts will roll out a Glazed Donut Breakfast Sandwich with fried eggs and bacon across its national menu this Friday, expanding a breakfast lineup already boosted by growing sales of breakfast items. The sandwich contains 360 calories, with Dunkin saying the item will be permanent and part of National Donut Day promotions.
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ISM reports manufacturing at four year low in May
Executives at American manufacturers report softer demand with the ISM index dropping to 49 percent in May from 50.7 in April signaling contraction. New orders slid to 48.8 percent as weak European and Chinese markets dampened U.S. factory activity and growth expectations for 2013.
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Institute For Supply Management
MarketWatch
U.S
Bradley Holcomb
ISM
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