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Monthly Archives: August 2011
Hurricane closes tough summer for automakers (AP)
DETROIT – Car sales likely slowed in August because of fewer discounts, worries about the economy and Hurricane Irene, which shut East Coast dealerships during the final weekend of the month. Irene closed out a disappointing summer for automakers, which … Continue reading
Filed under Business
Tagged Business, Market News, News, News Articles, Online News, Online Newspaper
Report: 25 firms paid more in CEO pay than taxes (AP)
Twenty-five of the 100 largest U.S. corporations paid their chief executives more than they paid the government in federal income taxes last year, according to a report released Wednesday. The nonprofit Institute for Policy Studies says the 25 CEOs averaged … Continue reading
Filed under Business
Tagged Business, Market News, News, News Articles, Online News, Online Newspaper
Exxon-Russia oil deal unlikely to raise concerns (AP)
NEW YORK – An unprecedented deal that gives Russia’s state-controlled oil company part-ownership of U.S. oil fields is unlikely to be scuttled by political or national security concerns for a simple reason: Russia doesn’t need the oil. In the deal … Continue reading
Filed under Business
Tagged Business, Market News, News, News Articles, Online News, Online Newspaper
