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Business News
Mercedes-Benz first half sales up
FOX30Online- 7/4/2008 2:38:06 PM
German carmaker Daimler AG said Friday sales for its Mercedes-Benz Cars unit were up eight percent in the January through June period this year.
Clothing chain closing remaining stores
WWTI- 7/4/2008 2:37:42 PM
Dawahare's clothing stores have stayed in the founder's family for four generations.
Penn National's $5.82 billion takeover is off
Centre Daily Times- 7/4/2008 2:09:53 PM
Two investment firms pulled the plug Thursday on their $5.82 billion acquisition of Penn National Gaming Inc.
Wall St. cuts back on use of Fed loans
Seattle Post-Intelligencer- 7/4/2008 12:19:21 PM
Wall Street companies sharply scaled back their borrowing from the Federal Reserve's emergency lending program over the past week while commercial banks boosted theirs slightly.
Ohio Gas Hits a Record $4.05
WOIO- 7/4/2008 11:52:48 AM
Fireworks aren't the only thing shooting up on this Fourth of July. Gasoline prices are at new all-time highs, both in Ohio and nationwide.
30-year loan rate declines after 5 weeks of increases
Baltimore Sun- 7/4/2008 10:20:40 AM
Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate increases.
Dawahare's closing remaining stores
WFIE-TV Evansville- 7/4/2008 9:19:43 AM
Cash-strapped clothing chain Dawahare's of Lexington says it will close the rest of its stores by the end of September.
30-year mortgage rates drop to 6.35%
San Jose Mercury News- 7/4/2008 8:57:58 AM
Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate increases.
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