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News Summary: European car sales hit 20-year low
EUROPEAN CAR SALES: European car sales in May were the worst in 20 years as the region's recession drags on. More than half of European Union nations are in recession and U.S. automakers have been shuttering factories and cutting hours. RUBBER HITS ROAD: Passenger car demand dropped by 5.9 percent ...
Chrysler expected to formally refuse Jeep recall
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in rear-end collisions. The government says 51 people have suffered fiery deaths in ...
Chrysler expected to formally refuse Jeep recall
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in rear-end collisions. The government says 51 people have suffered fiery deaths in ...
Argentine cash controls bring bargains, headaches
The Brazilian visitors gawk in wonder as they stroll past shop windows along touristy Florida street in the Argentine capital. The jackets, the shoes — they're all so cheap when your purse is stuffed with black-market money. Visitors who turn to the streets rather than the banks to swap their ...
Vt. and Quebec announce electric car corridor
Starting this fall, people who drive electric vehicles should be able to travel the 138-mile route between Burlington and Montreal without worrying they'll run short of a charge thanks to a planned electric vehicle charging corridor, Vermont Gov. Peter Shumlin and Quebec Premier Pauline Marois announced in Montreal. Initially the ...
European car sales hit 20-year low for May
European car sales had their worst May in 20 years as the region's recession drags on, the European automakers' association said Tuesday. Passenger car demand for May dropped by 5.9 percent on the same month last year in the 27-country European Union to 1.042 million units, the lowest level for ...
Oil prices climb above $98 before US Fed meeting
The price of oil climbed back above $98 a barrel Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy meeting. By early afternoon in Europe, benchmark oil for July delivery was up 37 cents to $98.14 a barrel in electronic ...
Street rods to 'jump start' Minn. Back to 50s
The lunchtime crowd in downtown St. Paul will get a taste of what's in store at the 40th annual "Back to the Fifties" Weekend. More than a dozen street rods will rev their way to Mears Park on Thursday. The event is free and open to the public. There will ...
Tesoro announces $75M sale of Hawaii refinery
Tesoro Corp. said Monday it has agreed to sell its refining operations in Hawaii to Par Petroleum Corp. for $75 million plus the market value of its working capital. The San Antonio, Texas-based company said Par Petroleum agreed to continue running Tesoro Hawaii LLC as a refining, logistics and retail ...
Business Highlights
___ Food companies work to make it look natural NEW YORK (AP) — Here's the latest goal for food makers: Perfect the art of imperfection. When stretching out the dough for its premium "Artisan Pizzas," Domino's workers are instructed not to worry about making the rectangles too perfect: The pies ...
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