Bridesville.net Web News Archive

Global finance industry sees 'anxiety amidst prosperity' (AFP via Yahoo! News) - The global banking and finance industry expects robust economic growth in 2007 but also sees "anxiety amidst prosperity" due to financial market turmoil and an uncertain US outlook, a report showed Wednesday.

US auto industry wary of South Korea trade pact (AFP via Yahoo! News) - The US auto industry and its backers are skeptical about a major free trade pact with South Korea despite measures aimed at opening up what has been a highly protected automotive market.

Auto industry objects to Calif. rules (AP via Yahoo! News) - The auto industry hopes a recent Supreme Court ruling will help it block California's plans to set the nation's first standards to cut tailpipe emissions from cars, light trucks and sport utility vehicles.

Global airline industry to return to profitability in 2007: IATA (AFP via Yahoo! News) - Airlines should return to the black this year with 3.8 billion US dollars in profits after six years of losses totalling more than 40 billion dollars, the top industry association said Wednesday.

Housing Industry Slashing Jobs (The Tampa Tribune) - NEW YORK - Job cuts in the housing industry jumped in the first quarter and almost matched the number of cuts in all of 2006, an outplacement consultancy said Wednesday.

What's Next for the Global Steel Industry? (SeekingAlpha via Yahoo! Finance) - Nicholas Vardy submits: One hundred years ago, steel was the IT industry of its day -- a cutting edge sector that was a symbol of a country's economic might. Andrew Carnegie, U.S. Steel, and Pittsburgh were what Bill Gates, Microsoft and Silicon Valley are today.

Nevada bills aimed at regulating mortgage industry (Las Vegas Sun) - CARSON CITY, Nev. (AP) - Nevada lawmakers heard pleas Wednesday to step up regulation of the mortgage lending industry from people who said they were victims of fraudulent real estate deals.

Area contractors net industry awards (BizJournals) - Three St. Louis-based general contractors -- Tarlton Corp., Alberici Constructors and McCarthy Building Cos. Inc. -- received a 2007 Aon Build America Award, a construction industry award.

Nevada bills aimed at regulating mortgage industry (KTVN Reno) - CARSON CITY Nevada lawmakers have heard pleas to step up regulation of the mortgage lending industry from people who said they were victims of fraudulent real estate deals.

2007 ACE Awards recognize industry's finest (EETimes) - The electronics industry's finest were recognized during the third ACE Awards.