GM and Ford Sales Slip Amid Rising Gas Prices
General Motors and Ford Motor Co. posted April sales declines as higher gas prices lift demand for efficiency while Toyota and Honda gained. GM fell 7 percent overall with an 18 percent drop in car sales and a 2 percent gain in trucks. Ford saw continued pressure with a 7 percent overall drop and stronger passenger car results, as DaimlerChrysler also retreated 6 percent with a 211,365 vehicle tally.
MENTIONED IN THIS ARTICLE
San Francisco
General Motors Corp
Ford Motor Co
Ford
U.S
General Motors
Detroit
DaimlerChrysler
Toyota
Honda
Lay testifies in Enron trial ends with remorseful closing remarks
Kenneth Lay leaves the courthouse after completing his fraud and conspiracy testimony in Houston. He says he loved Enron and its employees and reflects on the bankruptcy, while opposing counsel and a USC accounting professor challenge the accounting practices highlighted by the 2001 third quarter losses and shareholder equity write downs.
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Enron
Kenneth Lay
Houston
Enron Corp
Lay
George Secrest
John Hueston
Uni
California
Jerry Arnold
States sue to force tougher SUV fuel economy rules
Ten states led by California sued the federal government to require stronger gas mileage standards for SUVs and pickups for 2008 to 2011. They contend the rule analysis ignored environmental impacts and climate change, while the Bush administration defended the process.
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Washington
California
Bush Administration
National Highway Traffic Safety Administration
Bill Lockyer
Associated Press
9Th
US. Circuit Court of Appeals
San Francisco
NHTSA
Rae Tyson
Connecticut
Maine
Massachusetts
New Jersey
New Mexico
New York
Oregon
Rhode Island
Vermont
District of Columbia
New York City
Appeals court orders dismissal over pension fight
A federal appeals court on Tuesday dismissed a lawsuit from US Airways pilots against a federal agency, ruling claims must be pursued through administrative channels. Duke Energy reports a near 60 percent drop in Q1 profit after lower industrial sales and Cinergy stake sale. Net income $358 million, 37 cents a share.
MENTIONED IN THIS ARTICLE
Washington
Lawsui
US Airways
Ina
Raleigh
N.C
Duke Energy Corp
Cinergy Corp
Appeals Court Orders Dismissal of Pilot Suit Against PBGC
The DC Circuit in a 3-0 ruling sent the pilots case back to a lower court with orders to dismiss the suit against the Pension Benefit Guaranty Corporation. The report notes quarterly earnings in the latest period of 48 cents per share, up from 43 cents, and references $866 million in the prior-year quarter.
MENTIONED IN THIS ARTICLE
US Court of Appeals For
District of Columbia
Pension Benefit Guaranty Corp
Jury clears Wal-Mart in negligent hiring case
A South Carolina jury found Wal-Mart not liable for negligently hiring Bobby Randall, a convicted sex offender who fondled a 10 year old girl at a Wal-Mart store in September 2000. Randall later pleaded guilty to a lewd act and died in prison. damages sought were up to 5 million dollars.
MENTIONED IN THIS ARTICLE
Wal-Mart
Columbia
S.C
Wal- Mart
Bobby Devon Randall
Bentonville
Ark
Randall
Market In Review Highlights Share Value Threshold
The market in review notes shares must be worth at least two dollars to be listed. The Associated Press reports on this threshold and its impact on stock listings.
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Iran
Nicholas Burns
Nigeria
The
Ken Thomas
Bush
Edward Lazear
White House
Council of Economic Advisers
Appeals Court
Duke Energy
the Market IN Review
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Industrials
Dany Dow Jones
Dow Industrials
Dow Transportation
Dow Utilities
S&p
Russell
Wilshire
LiverRn
Bodisen
Taugle
Senesco
Inds
KC Southn
ArchDan
GSE
Cyberonic
Nore
NatnHith UN
Wa Veri- Tek
NA Gav
EFU Inc
Oshkshi
Clayton
WolvTube
infoSonic
Microsoft
Nasd
Nasdom
United NY
LewesCos NY
Lucent Ony
MeDekis NY
Micrmsoh
Cedar NY
Motorola NY
Cligp NY
NortelNet NY
Northwood NY
Comcast
Oracle Nash
Conexant
PNC NY
Park Hanny Bd If
Penney NY
Pfizer
ProdGam NY
Shewin
GnMott NY
Tdinet Nasd
TXU Cps NY
sAmex
Australia
Ral
Vanguard Idx
ICAA
Incoa P
Eupacapil
Capiba
Pgl
Instidx
BalAp
Groinc
Fidelity Invest
GroCo
Vanguard
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Jean Funds A
FdinvAp LV
Ity Invest
Eqinc
Vj Futual Fund
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