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Crude oil pushes toward $96
DETROIT, April 18 (UPI) -- General Motors said Monday that higher production costs had forced it to raise prices for nearly all the cars it sells in the United States.
The average price hike would be $123 per vehicle, company spokesman Tom Henderson said.
The Boston Globe reported Monday that Toyota Motor Corp. also raised prices recently for 2011 Scion and Lexus vehicles with prices increasing between 1.2 and 2.2 percent.
GM said rising oil and metal prices had pushed it to raise its prices.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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