TOKYO — Toyota's decision to suspend U.S. sales on an unprecedented scale to fix faulty gas pedals is a blow to the automaker's reputation for quality and endangers its fledgling earnings recovery.
DALLAS — DLH Master Land Holding LLC and its parent company Allen Capital Partners LLC, developers of the 6,000-acre Dallas Logistics Hub, said Tuesday they have filed voluntary Chapter 11 petitions in Dallas to reorganize their debts. DLH and ACP said filing for Chapter 11 will permit them to extend debt maturities, improve their capital structure and further strengthen the Dallas Logistic Hub’s competitive position. None of The Allen Group (TAG) organizations or their other entities in Kansas or California was included in the filings.
ARLINGTON, Va. — The American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index climbed 2.1 percent in December, following a 2.6 percent increase in November.
WASHINGTON — President Barack Obama on Monday offered help for people struggling to pay bills and care for their families, appealing to a middle-class he says has been "under assault for a long time."
CLEVELAND — Eaton Corp. said Monday that its fourth-quarter profit rose as the economy stabilized and the manufacturing company said it believes business will grow this year.