Wednesday, February 21, 2018
Business
Initial jobless claims drop more than expected

Initial jobless claims drop more than expected

WASHINGTON — New claims for unemployment benefits fell more than expected last week as layoffs ease and hiring slowly recovers.

ATA chief economist talks trucking today on CNBC’s ‘Street Signs’

ATA chief economist talks trucking today on CNBC’s ‘Street Signs’

ARLINGTON, Va. — American Trucking Associations (ATA) Chief Economist Bob Costello will appear live on CNBC’s “Street Signs” program with Erin Burnett today at 2 p.m. to discuss the economic outlook of the trucking industry. Costello also plans to discuss expected driver shortages in the industry as freight levels rebound from the recession.

ArvinMeritor poised for growth

ArvinMeritor poised for growth

LOUISVILLE, Ky. — ArvinMeritor has not sat back during the economic crisis, said Chief Operating Officer Carsten Reinhardt Wednesday. Instead, he said, ArvinMeritor has been pouring more than $60 million into its brake efforts.

January durable goods orders up 0.5 percent

January durable goods orders up 0.5 percent

WASHINGTON — Orders for big-ticket manufactured goods rose for a third consecutive month in February, bolstered by strong demand for commercial aircraft and machinery. The hope is that continued strength in manufacturing will help sustain the economic recovery.

Mack taps experienced professionals for sales positions

Mack taps experienced professionals for sales positions

GREENSBORO, N.C. — Mack Trucks Inc. reports the company has tapped experienced managers to lead the truck maker’s sales efforts in three key regions. Patrick Meehan was named vice president of Mack’s Northeast Region, John Thomas was named vice president of the Western Region and David Barletta was named vice president of the Central Region.

Leading indicators rise more slowly in February

Leading indicators rise more slowly in February

NEW YORK — A gauge of future economic activity rose 0.1 percent in February, suggesting slow economic growth this summer.

Video Sponsors