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.
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.
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.
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.
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.
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.