Saturday, April 21, 2018
Business
Consumer prices dip for third straight month

Consumer prices dip for third straight month

WASHINGTON — Consumer prices fell for the third straight month, offering some bargains to American shoppers. The Consumer Price Index, the government’s most closely watch inflation barometer, dipped 0.1 percent in June, the Labor Department reported Friday. Less expensive energy bills were a big factor behind the drop. Prices for some food items, airlines fares, computers, telephone service and personal care products also fell last month.

J.B. Hunt 2nd-quarter net income more than doubles

J.B. Hunt 2nd-quarter net income more than doubles

LOWELL, Ark. — J.B. Hunt Transport Services Inc. said on Thursday that its second-quarter net income more than doubled as demand for truck hauling increased.

Ethanol industry scrambles to keep incentives

Ethanol industry scrambles to keep incentives

WASHINGTON — The once-popular ethanol industry is scrambling to hold onto billions of dollars in government subsidies, fighting an increasing public skepticism of the corn-based fuel and wariness from lawmakers who may divert the money to other priorities.

Manufacturing cools in June as recovery slows

Manufacturing cools in June as recovery slows

WASHINGTON — New evidence of a slowing economic rebound emerged Thursday in reports that manufacturing activity is slowing after helping drive the early stages of the recovery.

Landstar 2Q income rises on revenue increase

Landstar 2Q income rises on revenue increase

JACKSONVILLE, Fla. — Freight shipper and warehouser Landstar System Inc. said second-quarter net income rose as revenue climbed 31 percent, and the CEO called the freight market “strong.”

Retail sales drop 0.5 percent in June

Retail sales drop 0.5 percent in June

WASHINGTON — Retail sales fell in June for the second straight month, more evidence that the recovery will slow in the second half of the year.

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