Factory Orders Bounce Back 0.8 Percent In a positive sign for the U.S. economy, businesses began ordering more airplanes, cars and other factory goods in May according to a Commerce Department report. Factory orders rose 0.8 percent in May “suggesting supply disruptions stemming from the Japan crisis are fading,” reports the Associated Press. “Much of the increase was driven by orders for aircraft, a volatile category, which jumped …
Airlines positioned for big gains in efficiency Lighter planes, shorter routes, new engines are in the works
Icahn Calls Oshkosh Cheap NEW YORK (TheStreet) — The last time that corporate rabble rouser Carl Icahn went after an industrial manufacturer — in 2007, when he tried to buy auto-parts maker Lear — his efforts failed. In disclosing his 9.5% stake in truck-maker Oshkosh Thursday evening, Icahn stopped short of calling it the first move in an attempted takeover bid. Instead, his filing with the Securities and Exchange …
Denton Salvage Yard Sells Classic Cars CTC Auto Ranch in Denton has gained world-wide attention for the classic cars it collects.
U.S. June auto sales sluggish for second month in row GM’s June sales below forecasts Read more on National Post
Roanoke Man Sentenced for Killing Dog During Break-In Roanoke, VA – The Roanoke man who pleaded no contest to killing a business’s pet during a break-in will serve more than three years in prison. Otis Whorley III received two years for killing the dog named Blue while burglarizing Star City Auto Parts in Roanoke in July of 2010.