Thursday, April 26, 2018
Business
Navistar resolves lawsuit against EPA

Navistar resolves lawsuit against EPA

WARRENVILLE, Ill. — Navistar International Corp. yesterday reached an agreement with the Environmental Protection Agency (EPA) in which EPA promised to hold a public workshop or hearing to address issues Navistar raised in its federal court appeal of EPA’s certification policies for SCR-equipped diesel powered trucks.

Struggling YRC posts loss of $274.1 million

Struggling YRC posts loss of $274.1 million

OVERLAND PARK, Kan. — YRC Worldwide Inc. reported revenue fell to $1.06 billion for the quarter, compared with $1.5 billion in 2009. The company posted a loss of $274.1 million for the period, compared with a loss of $257.4 million the year before.

Federal law may limit BP liability in oil spill

Federal law may limit BP liability in oil spill

WASHINGTON — A federal law may limit how much BP has to pay for damages such as lost wages and economic suffering in the Gulf Coast oil spill, despite President Barack Obama’s assurances that taxpayers will not be on the hook.

Celadon unveils ‘Art for the Long Haul’ winner

Celadon unveils ‘Art for the Long Haul’ winner

INDIANAPOLIS —Shelby Bertsch, a freshman majoring in illustration at Columbus College of Art and Design, has been named the overall winner of Celadon’s “Art for the Long Haul” student art contest. The contest is part of Celadon Group Inc. 25th Birthday Celebration.

Economic outlook is cautious even with spending up

Economic outlook is cautious even with spending up

WASHINGTON — Factories are churning out more goods. Consumers are spending. Government aid is fueling construction activity. But stagnant pay and weak hiring will likely restrain the economic rebound in coming months.

Consumer spending advances sharply but incomes lag

Consumer spending advances sharply but incomes lag

WASHINGTON — Consumer spending rose in March by the largest amount in five months but the gains were financed out of savings, which fell to the lowest level in 18 months. A slight rise in incomes added to concerns that the recovery could weaken unless income growth increases more rapidly.

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