Business News Archive - October 05, 2008
By The Associated Press WASHINGTON (AP) - Millions of taxpayers, thousands of businesses and groups as diverse as solar power developers and natural disaster victims will see tax relief with the House vote Friday to approve and send to the president a $700 billion financial rescue plan.The tax relief package attached to the rescue bill promotes renewable- energy development and extends dozens of tax breaks from the critical research and development tax credit to breaks for such narrowly focused groups as motor sports racetrack owners, film producers and bicycle commuters.The renewable energy part of the package alone, House Speaker Nancy Pelosi said, will "create and save half-a-million good-paying jobs in America immediately."Virtually all of the tax breaks already exist.
US Airways flew about 4.1 million passengers in September, a 4.7 percent drop from the more than 4.3 million it had the year earlier, the airline said Friday. But the carrier filled a higher percentage of its seats, 80.1 percent, than the 78.1 percent the year before.
By Mark Leftly London City airport has cooled its interest in the 100m auction of nearby Southend airport, as it turns its attention to the imminent sale of Gatwick.
WSI Corporation (www.wsi.com), the most trusted weather decision support provider in the aviation industry, today announced a strategic partnership with AC-U-KWIK(R), a product of Penton Business Media, Inc., that will enable the integration of AC-U-KWIK's global airport and FBO data into WSI's suite of Proactive Operations Management products.
By Joe Napsha Steelworkers at Universal Stainless & Alloy Products Inc. in Bridgeville are threatening a strike because they have not been able to reach a new labor contract with the company, a union representative said Friday.
With reference to the article, No More Homes (October 2). I would like to congratulate Tewkesbury borough Councillor Phil Taylor on his clear message at last Tuesday's meeting of Tewkesbury Borough Council.
If you own a piece of two-stroke garden machinery, just imagine not having to measure out exactly the right amount of oil and then mixing it with petrol. Long gone are those sticky oil containers making a mess of everything.
A Kennametal plant in Arkansas will close at the end of the year, leaving 120 people out of work. Spokeswoman Christina Reitano says the plant is expected to close Dec. 31.
Iceland Lesson: We heard Iceland's President on TV advising us on how his country has no dependency on fossil fuel imports, wind farms, or worse still, nuclear power stations with grotesque radioactive waste landfill sites.
Communities could get a pounds20,000 boost following the launch of the Star Energy Community Fund. Projects that could qualify include village halls, nature reserves, playgrounds and facilities for children, schemes that encourage recycling and those that celebrate heritage.