Business

Initial jobless claims fell last week by 27,000 following a big increase the previous week, the Labor Department said Thursday.

Deutsche Post AG, parent of DHL Americas, reported a 14% drop in its 2006 profit after it reduced its stake in the Deutsche Postbank financial-services unit, Bloomberg reported Thursday.

WASHINGTON — Leading members of the House Subcommittee on Transit and Highways from both parties sharply criticized the Department of Transportation’s recent push toward privatization and public-private partnerships.

Swedish truck maker Scania AB has reached agreement to buy a Swedish component plant owned by General Motors Corp., Bloomberg reported Wednesday.

Federal Reserve officials, as they have in previous meetings, said inflation was their top concern at their meeting in late January, according to the minutes of the meeting released Wednesday.

An index of leading economic indicators rose for a second straight month in January, climbing 0.1%, the New York-based Conference Board reported Wednesday.

The average national retail price of diesel fuel rose 1.5 cents to $2.491 a gallon, the Energy Department reported Tuesday.

American Trucking Associations President Bill Graves criticized the growing trend of privatization of toll roads on CNBC’s “Street Signs” program Tuesday.

U.S. consumer prices rose 0.2% in January following December’s 0.4% rise, the Labor Department said Wednesday.

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