 | Consumer Price Index drops 0.4% in December |
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| The Labor Department said its producer price index for final demand declined 0.3 percent, the biggest drop since October 2011, after falling 0.2 percent in November. |
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| The Federal Motor Carrier Safety Administration is on track to launch its study of the 34-hour restart, said Martin Walker, chief of the agency’s research division |
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| Target Corp. will walk away from its business in Canada after less than two years, putting an end to a mismanaged expansion that racked up billions in losses. |
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Former General Motors properties in Detroit have been sold and are expected to be redeveloped with a logistics center employing more than 200 people.
Read more here: http://www.miamiherald.com/news/business/article6608256.html#storylink=cpy |
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| Saudi billionaire businessman Prince Alwaleed bin Talal told me we will not see $100-a-barrel oil again. |
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| The United States will start accepting applications from Mexican carriers to provide long-haul cargo delivery across the border. The Department of Transportation announced the move Friday |
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| New study is dismissing that US Manufacturing renaissance as little more than a myth. |
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| We are beginning to see a convergence of science fiction dreams from the Jetsons to the Matrix with reality just a few steps behind fantasy. |
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| Oil fell below $50 a barrel in London for the first time since May 2009 amid speculation that U.S. inventories will increase, exacerbating a global supply glut that’s driven prices to a five-year low. |
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