Europe reforms ‘hard’ without growth: Zoellick (via AFP) World Bank president Robert Zoellick said Tuesday that Europe would struggle to achieve needed economic reforms without growth to support them. “I think right now Europe depends on what happens with Italy and Spain,” Zoellick said in a CNBC television interview. The two countries “are undertaking fiscal…
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Ford, GM sales skid as Chrysler, Toyota accelerate
by Lee Adler • • 0 Comments
Ford, GM sales skid as Chrysler, Toyota accelerate (via AFP) General Motors and Ford saw their US sales skid in April as rivals Chrysler, Toyota and Volkswagen posted strong gains, industry data showed Tuesday. Total industry sales rose 2.3 percent from a year ago, while the sales pace was unchanged from March at a seasonally…
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Nervousness ahead of US jobs report
by Newswires • • 0 Comments
Nervousness ahead of US jobs report (via AFP) Trepidation foreshadows the release of key US jobs figures on Friday, a report that will mold perceptions about the path of the economy and the race for the White House. The Labor Department will publish jobs data for April, which economists expect to show unemployment stuck at…
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World Trade Center becomes highest NY tower
by Newswires • • 0 Comments
World Trade Center becomes highest NY tower (via AFP) New York’s skyline got a new king Tuesday after the still unfinished World Trade Center tower, built to replace the destroyed Twin Towers, crept above the venerable Empire State Building. Workers gently maneuvered a steel column into its base atop the skyscraper’s skeletal current top, bringing…
