Auto sales slump deepens as rebates fail to boost demand
February auto sales sank further with GM down 53 percent Ford down 4 percent and Chrysler down 44 percent. Industry wide incentives rose but buyers grew wary with fears of layoffs, stock losses, and falling home values. Used cars attracted buyers while fabricants forecast a weak second quarter.
MENTIONED IN THIS ARTICLE
Pete Lowe
Erg
General Motors
Ford
U.S
Chrysler
Emily Kolinski Morris
Ford Motor Co
Autodata Corp
Ward
Autoinfo Bank
Dearborn Company
Edmunds
FirstEnergy to cut 335 jobs across three states
Akron based utility FirstEnergy Corp plans to cut 335 managers and staff, including 216 in Ohio, 16 in New Jersey and 103 in Pennsylvania, about 4 percent of its non union workforce. The move follows a 24 percent rise in Q4 profit to 332 million on 3.2 billion revenue. The company also expects a one time after tax charge of 16 million for severance related benefits. Its plants serve customers in Ohio, Pennsylvania and New Jersey.
MENTIONED IN THIS ARTICLE
Akron — Electric Power Company
FirstEnergy Corp
Ohio
New Jersey
Pennsylvania
FirstEnergy
Ohio House and Senate approve film tax credit plans
The House and Senate pass competing film tax credit bills in Columbus. The House plan offers 25 percent credits with an $10 million yearly cap for two years, backing Gov Strickland, while the Senate bill proposes a $100 million annual cap. Negotiations loom.
MENTIONED IN THIS ARTICLE
Columbus
Ohio House
Senate
House
Ted Strickland
Ohio
Oil Surplus Pushes Tankers to Floating Storage worldwide
Oil supply outpaces demand as supertankers load and idle offshore. In the United States vast crude inventories fill storage sites from Cushing to the coasts while onshore capacity nears full. Analysts note storage profits amid a price slump from peaks near 147 dollars to around 40 dollars.
MENTIONED IN THIS ARTICLE
New York
United States
Iran
Antoine Halff
Newedge
Cushing
Okla
Douglas Mavrinac
Jefferies & Co
Globe
U.S
Saudi Arabia
United Arab Emirates
Nigeria
OPEC
Also Mentioned on This Page
General Motors Corp
Toprak
Hyundai Motor Co
Honda
Littleton
Colo
East Coast
Gulf Coast
West Coast
Rocky Mountains
Royal Dutch Shell
Texas
Europe
Phil Flynn
Alaron Trading Corp
Houston Ship Channel
Baytown
the Market IN Review
Dany Dow Jones
Dow
Dow Transportation
Dow Utilities
S&p
Russell
Witshire
Wwe
Linen Pf
MS Cap
Guliswearn
PainTher
NikCo
PwShns
ExdorGidg
Genklec
BrotAm
Comcast
AbdAsPac
GranTragn
Apple Inc
Atat Inc
Lvsands
AmExp
CtryTel
Penney NY
Sefrod WY
Emersone NY
Prushsap NY
Sears
JPMorg@h NY
Wells Fargo
Pete Exch
Sweet Crude
NYMX
Roy
Spo
Joyoeans
Chicago Board of Trade
CME
NYBT
BondAm
Eurpacgramfb
FunnvAm
GrthAmAm
Incamera m MA
Invcoama m LV
Wamutinva m LV
Dodge & Cox IntiStk
Pimco Totreta
Pimco TotRetAdmi
Pimco TotRetis
Vanguard
Vanguard Wellin
ES -Europe
Os SC Encaien
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!