Transportation
Boeing May Get $400 Million in Incentives to Build 787 in South Carolina Boeing Co. may get as much as $400
million in incentives to build its new 787 Dreamliner factory in
South Carolina, Governor Mark Sanford said in an interview
today.
Ford Says It's Investing $2.3 Billion Over Five Years in Brazil Operations Ford Motor Co. said it will spend 4
billion reais ($2.3 billion) to expand in the growing Brazilian
market, the largest investment it has made in the country.
Harley Reaches Accord That Would Keep Pennsylvania Plant Open, Trim Jobs Harley-Davidson Inc., the biggest
U.S. motorcycle maker, reached a tentative labor agreement that
would keep open a York, Pennsylvania, factory while reducing the
number of union workers by almost half.
Delta Says AMR-JAL Alliance `Hasn't Been Successful' in Arguing for Switch Delta Air Lines Inc. Chief Executive
Officer Richard Anderson said the existing relationship between
AMR Corp.’s American Airlines and Japan Airlines Corp. “really
hasn’t been successful.”
UPS to Raise 2010 Ground-Delivery Rates by 4.9%, Less Than Boost for 2009 United Parcel Service Inc. will
increase ground-shipment rates in 2010 by 4.9 percent, less than
this year, amid a drop in volumes at the world’s largest
package-delivery company.
Michelin CEO Says 2010 Revenue Unchanged at Best as Analysts Predict Jump Michelin & Cie., the world’s second-
largest tiremaker, said revenue is unlikely to increase next
year as the global economy remains subdued. Analysts had
predicted a 4.3 percent increase, according to 18 estimates.
Buffett Taps JPMorgan, Wells Fargo for $8 Billion Loan in Burlington Deal JPMorgan Chase & Co. and Wells Fargo
& Co. are arranging an $8 billion loan for Warren Buffett’s
Berkshire Hathaway Inc. to help finance the takeover of railroad
Burlington Northern Santa Fe Corp.
Volkswagen, Porsche Supervisory Boards Back Contracts on Terms for Merger Volkswagen AG’s supervisory board
signed off on contracts for its takeover of Porsche SE in
stages, clearing the way for Europe’s largest automaker to add
the 911 sports car to its model lineup.
Ferrari Recalls Late Nineties F355, 355 F1 Sports Cars to Repair Fire Risk Ferrari, Fiat SpA’s luxury sports-
car division, recalled 2,356 F355 and 355 F1 models in the U.S.
to fix a potential fuel leak that could set the engines on fire.
Circuit City Business Jet Crash in 2005 Prompts FAA De-Icing Regulation The Federal Aviation Administration
is proposing a rule that would require quicker activation of
wing de-icing systems in response to the crash of a Circuit City
Stores Inc. business jet in 2005.