US Business News

Hawaii endorses electric vehicle grid

The state of Hawaii and Hawaiian Electric have endorsed an effort to build an alternative transportation system based on electric vehicles with exchangeable batteries and an "intelligent" battery recharging network. The plan,...

Auto Union Nears Changes in Contract

By JOHN D. STOLL Leaders of the United Auto Workers union are close to signing off on changes to the 2007 labor contract with Detroit's three auto makers, in a move that would relax job-security provisions and push back the...

Chrysler exec: failure could spark depression

Added 2m ago WASHINGTON - A top Chrysler executive warned today that a carmaker collapse could send the economy spiraling into a depression, while the United Auto Workers agreed to new concessions for their companies. Jim...

UAW agrees to restart Big 3 talks

A United Auto Workers official said Wednesday the union has agreed to restart contract talks with U.S. automakers and delay their payments into a union-run health care trust. A United Auto Workers official said Wednesday the...

Oil prices waver on skimpy crude inventory report

By DIRK LAMMERS AP Energy Writer SIOUX FALLS, S.D. (AP) - Oil prices have fallen about 68 percent since peaking at $147.27 in July. In Iran, state media reported Wednesday that President Mahmoud Ahmadinejad has acknowledged...

Hurricane Ike cleanup workers report wage theft

Reyna Martinez, a 30-year-old Honduran immigrant, wanted to help Texas recover from Hurricane Ike and earn a good wage at the same time. The pattern, first seen after Hurricane Katrina devastated New Orleans, is now being...

United Auto Workers Say They'll Renegotiate

United Auto Workers President Ron Gettelfinger said Wednesday that the union is willing to change its contract and will delay billions of dollars in payments to a union-run health care trust in an effort to help the struggling...

States To Obama: Haste Makes Waste

With President-elect Barack Obama vowing hundreds of billions of dollars for the nation's infrastructure, some state officials warned they will fail to lift the country out of recession unless chosen carefully and implemented...

Sweden: Support - but not buy - Saab, Volvo

With Detroit’s two Swedish units, Saab and Volvo, essentially on the selling block pending further review by their respective owners, Sweden’s domestic auto industry is on the verge of a full-out crisis. The center-right local...

Canola: California's Miracle Crop

Farmer With Salty Soil and Water Says Canola Is Nature's Filter, and a Fuel and Cow Feed, Too By TRACIE CONE Associated Press Writer FIVE POINTS, Calif. December 3, 2008 (AP) A hardy but pedestrian plant is doing triple duty in...

               

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