MANUFACTURING

U.S. Manufacturing Index Hits Six-Month High

PMI Stable despite Manufacturing Slide in February
Manufacturing grew at its fastest pace in six months in December, capping a late-year upswing, but a European slump and rising oil prices posed threats to the U.S. economy in the new year.
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Futures Jump After Chinese, German Data

Stock index futures rose sharply on Tuesday as upbeat Chinese and German data boosted optimism about the global economy after the S&P 500 index ended flat in 2011.
Traders await the start of the trading at the New York Stock Exchange

Futures Jump on Upbeat China Data

Stock index futures rose on Tuesday as investors returned to the market optimistic about the global economy after Wall Street ended flat in 2011.
China

India Complains to China Over Treatment of Diplomat

China has agreed to look into a complaint by India's foreign ministry that a diplomat was prevented from treating his severe diabetes and collapsed while offering consular assistance to two Indian citizens on trial in China's Yiwu city.
Caterpillar moves to lock out CAW workers

Caterpillar moves to lock out CAW workers

Caterpillar Inc's Electro-Motive unit has decided to lock out locomotive manufacturing workers in London, Ontario, after finding out the Canadian Auto Workers told members not to strike following the breakdown of contract negotiations.
Caterpillar sets new pay terms; CAW not striking

Caterpillar Sets New Pay Terms; CAW not Striking

Caterpillar Inc is unilaterally implementing lower wage and benefit terms for locomotive manufacturing workers in London, Ontario after Canadian Auto Workers negotiations failed in the days leading up to a contract expiration.
TSX hits highest level in two months

TSX ends volatile year with a rally

Toronto's main stock index closed higher on Friday, the last trading day of the year, as financial and resource shares rallied on signs the U.S. economy was recovering, but the jump was not enough to avert the market's first year-on-year decline since 2008.
Asia's Markets

Nikkei, Asia Markets Close Higher Friday, Japan Down 17% for 2011

Japan's leading share average ended higher on Friday but marked a 17 percent loss for 2011, a tumultuous year in which massive natural disasters triggered a nuclear crisis and Europe's debt turmoil drained volumes, leaving investors uncertain of a turnaround next year.
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Asian Stocks Edge up but Face Loss for Year

Asian stocks nudged higher and the euro clung to overnight gains Friday, the last trading day of 2011, as positive data from the United States helped allay concerns on the global economy, while year-end short covering lifted crude prices.
Caterpillar sets new pay terms; CAW not striking

CAW seeks strike OK at Caterpillar plant

The head of the Canadian Auto Workers union is looking for a green light from members to potentially strike Caterpillar over a contract dispute in London, Ontario.
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Data Show Momentum Building in Economy

New claims for jobless benefits rose last week but the underlying trend pointed to an improving labor market, while regional factory data showed the economy gaining momentum as the year ended.
Ron Paul

Ron Paul 2012: More Reader Responses to Civil War Comments

On Friday, I criticized Ron Paul's suggestion in 2007 that the Civil War could have been avoided if Abraham Lincoln had chosen to buy the slaves and release them, and I challenged readers to come up with other alternatives to the Civil War. Here are some of their responses.

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