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Auto industry to get $25 billion in federal loans WASHINGTON -- In the next few years, consumers could see the fruits of $25 billion in government loans for the auto industry through a broader lineup of gas-electric hybrid vehicles, new plug-in electric cars and an expansion of fuel-efficient engines.
Sales of preowned homes in West rose in August Sales of existing homes in the West climbed higher in August versus a year ago, bucking a national trend as buyers snatched up sharply discounted foreclosed properties in California, Arizona and Nevada, according to two reports Wednesday. About 106,000...
Daimler in talks about selling its remaining Chrysler stake Germany's Daimler said Wednesday it is in talks to sell its remaining stake in Chrysler to private-equity firm Cerberus Capital Management. Daimler spokesman Han Tjan confirmed a report in Germany's Manager Magazin that the company is in talks to sell the 19.9 percent it owns in the U.S.-based automaker. He would give no details. Cerberus said in a statement that it approached Daimler about the ...
Local business in brief: H&R Block on short-selling list The Home Builders Association of Greater Kansas City reported 304 permits for new single-family homes in August. That was down from 487 the previous August, but up from 279 in July. Area home building activity posted its third consecutive monthly increase since hitting a cyclical low of 219 permits in May.
Seattle hit with 41% decrease in home sales Seattle and Portland were among the top 10 metro areas in the nation with the most pronounced drop in sales of existing homes in August versus a year ago, even as other cities in the West bucked a national downward trend, according to two reports Wednesday.
Philippines Imports +16.0% On Year In July RTTNews - Philippines imports posted a 16.0 percent increase on year in July, a preliminary report from the National Statistics Office said on Thursday, standing at $5.848 billion. On a monthly basis, imports were up 10.2 percent.
Unemployment on rise in metro Milwaukee The Milwaukee area continued losing jobs last month while the unemployment rate rose to its highest mark for August in four years, the state Department of Workforce Development reported Wednesday.
Sierra Leone: JHR to Award Media Houses Journalists for human rights, JHR a Canadian-based media capacity-building organization in Sierra Leone would award journalists from three media houses for excellence in human rights reporting.
Fall in new Oz home sales moderates SALES of new homes in Australia continued to fall in August, although at a slower pace than the previous month, a report said today.
Australia new home sales fell again in Aug-industry SYDNEY, Sept 25 Reuters - Sales of new homes in Australia fell further in August, dragged by high mortgage rates and depressed consumer confidence, a Housing Industry Association HIA survey showed on Thursday.
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