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LaHood Extolls 'Cash For Clunkers' As Huge Success

Posted: 08/05/2009 - Transportation Secretary Ray LaHood proclaimed "cash-for-clunkers" a roaring success just as the Senate seems poised to push the popular program back into high gear with another $2 billion in cash.

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Pending Home Sales Index Rises Again In June

Posted: 08/04/2009 - The National Association of Realtors says pending home sales rose in June for the fifth straight month, another encouraging sign of life for the embattled U.S. housing market.

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Anadarko Posts $226 Million Loss For 2Q

Posted: 08/03/2009 - Anadarko Petroleum is reporting a second-quarter loss of $226 million during a period in which revenues plunged with oil prices.

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Boeing, Spirit Ask Judge To Toss Age Lawsuit

Posted: 08/03/2009 - The Boeing Co. and Spirit Aerosystems are asking a federal judge to toss an age discrimination lawsuit that followed Boeing's 2005 sale of commercial airplane operations in Kansas and Oklahoma.

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GM Buyout Offers Falls Short Of Goal, Layoffs Loom

Posted: 08/03/2009 - General Motors Corp. says about 6,000 blue-collar workers have taken the latest round of early retirement and buyout offers. But that is apparently not enough to prevent thousands of layoffs.

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Greenspan: Car Rebate Success A Bright Spot

Posted: 08/03/2009 - Former Federal Reserve Chairman Alan Greenspan says the success of the "cash for clunkers" auto rebate program is a matter of timing and reason for optimism.

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Sumner Defends Obama On Economy

Posted: 08/02/2009 - A top White House adviser is defending President Barack Obama's approach to reviving the economy and says the new administration inherited a situation far worse than anyone understood.

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