Sunday, April 22, 2018
Business
AP survey: A bleaker outlook for economy into 2011

AP survey: A bleaker outlook for economy into 2011

WASHINGTON — The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists.

ArvinMeritor launches redesigned, newly-architected website

ArvinMeritor launches redesigned, newly-architected website

TROY, Mich. — ArvinMeritor Inc. announced Wednesday it had launched a redesigned and newly architected website at www.arvinmeritor.com.

Old Dominion 2Q profit doubles; outlook cautious

Old Dominion 2Q profit doubles; outlook cautious

NEW YORK — Old Dominion Freight Line Inc.’s second-quarter net income doubled on rising shipments and heavier loads, but the trucking company said Wednesday it remains “somewhat cautious” about the rest of the year.

Orders for big-ticket goods fall 1 percent in June

Orders for big-ticket goods fall 1 percent in June

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods fell broadly in June as the fragile recovery continued to slow.

Paccar 2Q income soars on truck, part sales

Paccar 2Q income soars on truck, part sales

BELLEVUE, Wash. — Truck maker Paccar Inc. said Tuesday its net income soared in the second quarter as improving freight traffic spurred more demand for trucks and truck parts.

Norfolk Southern 2Q profit surges; hiring resumes

Norfolk Southern 2Q profit surges; hiring resumes

NEW YORK — Railroad Norfolk Southern Corp. said Tuesday that second-quarter earnings surged 59 percent, as shipments increased, prices rose and efficiency improved in the recovering economy.

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