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Union leader says S.C. steel mill will close

By The Associated Press | Leave a Comment

GEORGETOWN, S.C. (AP) — The leader of the union at the Georgetown Steel mill says there is no way to prevent the mill from closing later this month. Read More »

Gov't won't fund GM after July 10, official says
NEW YORK (AP) — A senior member of President Barack Obama’s auto task force testified Wednesday that the U.S. government will not continue to fund General Motors Corp.’s operations if the automaker doesn’t get approval to sell its assets to a new company within the next 10 days.

Web retailers, states tussle over tax rules
NEW YORK (AP) — In a big break for online shoppers, Web retailers generally don’t have to charge sales taxes in states where they lack a store or some other physical presence.

Factory orders rise more than expected in May
WASHINGTON (AP) — Orders to U.S. factories jumped in May by the largest amount in nearly a year, another sign that the nosedive in manufacturing is nearing an end.


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