Obama to set new fuel standards linking efficiency and emissions
President Obama to unveil coordinated fuel efficiency and greenhouse gas rules for cars and trucks aiming for 35 mpg fleet by 2016, with California and 13 states pressing for stricter standards. The move could end lawsuits between states and automakers, including GM and Chrysler, amid a severe auto market downturn.
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American Express to Cut About 4000 Jobs in New Round of Cuts
American Express said on Monday it will lay off about 4000 workers, roughly six percent of its global workforce, as it seeks an additional 800 million in annual cost reductions. The cuts cover multiple areas and will trigger a 180 to 250 million restructuring charge in Q2. Kenneth Chenault stressed continued profitability amid cautious outlook.
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Airlines gain passenger satisfaction in UM study
A University of Michigan study finds passenger satisfaction with airline service up over 3 percent earlier this year, the first rise in six years as passenger volume falls and airlines cut flying. Southwest leads. Continental and US Airways show notable gains.
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University of Michigan
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Trump sues author over book's net worth estimate
Donald Trump sues author Timothy L. O'Brien claiming the 150 to 250 million dollar net worth estimate damages his reputation and business. A Camden judge will decide within two months if the suit should be dismissed before trial.
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Timothy L. O'Brien
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New Lorain County business opening announced
Chronicle readers are invited to submit tips about new Lorain County businesses. Include business name, location and opening date to help us tell the community.
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Chroniclet.com
Local business seeks feature with contact person available
The notice invites coverage highlighting the business and its purpose and provides a contact person for arrangements. A potential photo may accompany the feature.
Market in Review: Es Motor
Market in Review highlightses movements in the es motor sector with analyst notes on demand, prices, and potential shifts. It surveys trading activity, consumer signals, and policy influences shaping the automotive market landscape.
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