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Simultaneous car bomb attacks in Niger
Attackers in Niger detonated two car bombs at dawn on Thursday, one in the city of Agadez where a military barracks was targeted and one in Arlit where a French company operates a uranium mine, injuring more than a dozen people. Paris-based nuclear giant Areva said in a statement that ...
Oil falls below $93 as China manufacturing weakens
The price of oil fell below $93 per barrel Thursday after a survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy is fading. Benchmark oil for July delivery was down $1.37 to $92.91 per ...
VTC offers free class on hybrid, electric car work
Vermont Technical College is holding a free workshop on how to maintain hybrid and electric drive vehicles. The workshop will be held Thursday and Friday at the school's Randolph campus. The Valley News reports that class is open to auto technicians, service personnel and others involved in maintaining such vehicles. ...
Ford to end auto production in Australia in 2016
Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales. The closure of the U.S. automaker's plants in the state of Victoria will mean the loss of 1,200 jobs and will transform the ...
INVESTORS HELP TESLA REPAY A $465 MILLION FEDERAL LOAN EARLY
c.2013 New York Times News Service The taxpayer no longer has to worry about Tesla Motors. Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism ...
INVESTORS HELP TESLA REPAY A $465 MILLION FEDERAL LOAN EARLY
c.2013 New York Times News Service The taxpayer no longer has to worry about Tesla Motors. Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism ...
GM recalling Cadillac SUVs to tighten wheels
General Motors Co. is recalling more than 27,000 Cadillac SUVs worldwide because the wheels can fall off. The company says the recall affects the 2013 Cadillac SRX with 18-inch wheels. Canadian safety regulators say the wheel nuts may not have been tightened enough at the factory. GM says the problem ...
Tesla uses stock, note sale to repay government
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early. The Palo Alto, Calif., company said it wired in a $451.8 million payment to the government on Wednesday. The money, coupled with two prior payments, paid off ...
3 former executives sue Carbon Motors over pay
Three former executive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory have sued the corporation for more than $600,000 in deferred wages. The Connersville News-Examiner reported Wednesday (http://bit.ly/Ze2oFY) that Trevor Rudderham, Alan Bratt and Keith Marchiando have filed suit in Fayette ...
Business Highlights
___ Median CEO pay rises to $9.7 million in 2012 NEW YORK (AP) — CEO pay has been going in one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that ...
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