Capital Goods
284 results total, viewing 271 - 280
Orders for durable goods unexpectedly climbed for a third month in April, a sign U.S. factories will help the world’s biggest economy strengthen. more
Industrial production climbed more than forecast in May, a sign gains in manufacturing are supporting growth as the U.S. economy picks up. more
The U.S. Transportation Department is notifying states that federal reimbursements for highway and transit construction projects will slow down as soon as August. more
The Pentagon paid Textron Inc.’s Bell Helicopter unit $8,123.50 each for gears that should have cost $445.06, according to a report by the Defense Department’s inspector general. more
General Dynamics Corp., the Pentagon’s No. 3 contractor, raised its full-year profit forecast while second-quarter sales declined in a slumping defense market. more
Tiffany & Co. CEO Michael Kowalski will step down in 2015 after more than 15 years running the luxury jeweler, passing the reins to President Frederic Cumenal. more
Factory production increased in July at the fastest pace in five months as capital spending climbed and motor vehicle demand surged, indicating the industry is helping propel the U.S. economy. more
Home construction rebounded in July and the cost of living rose at a slower pace, showing a strengthening U.S. economy has yet to generate a sustained pickup in inflation. more
U.S. consumers may well remember the days, pre-2012, when shopping for an airline ticket was complicated by the airlines’ favored pricing scheme. Back then, an advertised $240 fare might suddenly turn out to be a $300 fare, given that taxes account for roughly 20 percent of the average domestic U.S. airfare. Passengers hated the system while the airlines – which hate price-comparison shoppers, because they drive down prices – embraced it. Fortunately, in 2012, the Department of Transportation imposed a rule requiring that the airlines advertise fares inclusive of the base fare, taxes and fees. Yet, notably, the rule didn’t prohibit the airlines from publishing the taxes and fees separately; it just required that they do so less prominently than the advertised, fully inclusive fare. The airlines, incensed at this pro-consumer bit of rulemaking, have been trying to overturn it ever since. more
The verdant hills of Ireland are calling Rhode Island’s political and aviation leaders again. more
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