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Average Age Of Autos Ascends

DETROIT, Jan. 17 (UPI) — The average age of cars, pickups and sport utility vehicles still on the road has reached a record 10.8 years, up 0.4 of a year from 2010, a research firm said. The industry research firm R.L. Polk & Co. said the average age of passenger cars reached 11.1 years, up […]

Many Are Migrating To Find The Next Job

CHICAGO, Jan. 18 (UPI) — Making a career move may take U.S. workers far beyond their local job markets, a CareerBuilder survey found. In a survey of 3,000 employers and 7,000 workers that explored the concept of relocating, CareerBuilder said 20 percent of the respondents who were laid off and found new jobs in the […]

Producer Prices Down Slightly In December

WASHINGTON, Jan. 18 (UPI) — The U.S. Producer Price Index for finished goods fell overall in December, but core prices rose, the Bureau of Labor Statistics reported Wednesday. Core prices, which exclude food and energy items, jumped 0.3 percent in the month, a higher gain than the 0.1 percent rise economists predicted. For prices overall, […]

Mortgage Activity Surges In Week

WASHINGTON, Jan. 18 (UPI) — The Mortgage Bankers Association said U.S. mortgage activity rose 23.1 percent in the week ending Friday, as interest rates on long-term loans fell slightly. Interest rates for 30-year, fixed-rate conforming mortgages fell from 4.11 percent to 4.06 percent with average points rising from 0.41 to 0.48. Rates for 15-year, fixed-rate […]

Cruise Industry Set Back By Disaster

MIAMI, Jan. 18 (UPI) — Financial analysts are downgrading prospects for cruise lines after a cruise ship disaster left at least 11 dead off the coast of Italy Friday. The death toll for the Costa Concordia accident could reach even higher. As of late Tuesday, Italian authorities said 24 persons were still missing, USA Today […]

Chicago Tribune Offers Staff Buyouts

CHICAGO, Jan. 16 (UPI) — Chicago Tribune management says editorial staff members will be offered voluntary severance packages in an operating cost-trimming move. “We begin the year with a need to reduce costs as we face the continued financial pressures from a weak economy and structural changes in our industry,” Senior Vice President Gerry Kern […]

The Biggest Brewers Slipped In 2011

NEW YORK, Jan. 16 (UPI) — A regional brewer from Pennsylvania saw big improvements in shipping in 2011, while giants of the industry saw shipments fall, a trade newsletter said. The behemoths of Anheuser-Busch, MillerCoors and Heineken USA all saw shipments fall in 2011. Anheuser-Busch saw a 2.9 percent drop in shipments, while MillerCoors saw […]

Burger King Testing Delivery Service

MIAMI, Jan. 16 (UPI) — Burger King said it would expand on an experiment of delivering burgers and fries to customers, which it began at four restaurants in Washington, D.C. As of next week, Burger King said it would expand the pilot program to 16 stores, The Los Angeles Times reported Monday. The company is […]

Kraft To Lay Off 1,600 In 2012

NORTHFIELD, Ill., Jan. 17 (UPI) — Kraft Foods said Tuesday it would lay off 1,600 workers in in North America in 2012 to position the company for splitting up its grocery and snack operations. The layoffs are scheduled “to help ensure its North America-based snacks and grocery businesses are well-positioned to become two independent public […]

Read The Seeds: Braille On Hamburger Buns

JOHANNESBURG, South Africa, Jan. 17 (UPI) — A restaurant chain in South Africa is offering blind customers a chance to read the seeds on their hamburger buns, a YouTube video announces. The video shows sesame seeds being placed on a hamburger bun before it is baked. The sesame seeds unusual gesture? They spell out words […]

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