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UAW, American Axle reach deal that could end strike
DETROIT (AP) - American Axle and Manufacturing Holdings Inc. boosted its wage offer and increased the payments it will give workers to take a wage cut as part of a tentative agreement that could settle an 11-week strike by the United Auto Workers union, a... More »

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DJIA	12986.80	-5.86

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Oil sets record near $128; pump price at high, too
NEW YORK(AP) - News that Saudi Arabia had boosted its oil output by 300,000 barrels a day was greeted as a... More »

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Oil sets record near $128; pump price at high, too
NEW YORK(AP) - News that Saudi Arabia had boosted its oil output by 300,000 barrels a day was greeted as a non-event on oil markets - the move wasn't anywhere near the kind of production increase needed to bring prices down on Friday. More »

Treasury secretary says markets are calmer now
WASHINGTON (AP) - Treasury Secretary Henry Paulson said Friday that financial markets are ``considerably calmer'' now than they were two months ago. He predicted the economy will be rebounding by the second half of this year. More »

EADS to roll out A400M on June 26
PARIS (Reuters) - European aerospace group EADS (EAD.PA) plans to roll out the A400M heavy airlifter for its... More »


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