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| DaimlerChrysler AG to cut 13,000 jobs |
2/14/2007 |
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DaimlerChrysler AG announced plans Wednesday morning to cut 13,000 jobs at the Chrysler Group from 2007 to 2009 as part of a three-year plan to return the Auburn Hills unit to profitability by next year.
In Michigan, a shift will be eliminated this year at the Warren Truck Plant, which make...
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| Home Prices Barely Rose in Quarter |
12/5/2006 |
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Home prices rose in the third quarter at their slowest pace since 1998, and were essentially flat when adjusted for inflation, according to a government price index released yesterday.
The data suggest that prices, especially for the existing single-family homes that the index focuses on, c...
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| US economic growth beats forecasts |
11/29/2006 |
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The US economy grew at a rate of 2.2 per cent in the third quarter, faster than previously thought, while wage growth earlier this year was revised down on Wednesday, adding to evidence that the economy is on track for a soft landing.
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The improved estimate for third-quarter growth i...
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