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Columbia Gas of Ohio files rate-hike request 17.05.2008 17:04 Columbia Gas of Ohio has asked state regulators for permission to raise its natural-gas rate in June to $1.33 per 100 cubic feet, 11 cents more than the current rate.

Rite Aid to finish purchase of 8 Pharm stores by June 17.05.2008 17:03 Rite Aid Corp.

Ohio unemployment rate drops to 5.6% in April 17.05.2008 17:03 COLUMBUS — The state says Ohio’s unemployment rate was 5.6 percent in April, down from the revised rate of 5.8 percent in March.

Delphi sues for investors to purchase securities 17.05.2008 17:03 Delphi Corp. has sued Appaloosa Management LP and eight other investors, seeking to force them to buy $2.55 billion in securities to help the auto-parts maker out of bankruptcy.

Libbey Inc. declares quarterly dividend 17.05.2008 17:03 Libbey Inc. yesterday declared a quarterly cash dividend of 2.5 cents a share, payable June 10 to holders as of May 28.

American Axle, UAW reach tentative deal 17.05.2008 11:15 DETROIT — A bitter 80-day United Auto Workers strike against an auto parts maker that has crippled dozens of General Motors Corp.

Target to replace Greenfield store 17.05.2008 05:01 Target Stores Inc. plans to demolish its Greenfield discount store and replace it with a similarly sized store, according to a city official.

GM workers ratify local contract to end that strike 16.05.2008 20:03 LANSING — A striking United Auto Workers local at a key General Motors Corp. factory ratified a new contract with the company and will resume production on Monday.

US cancels oil shipments into strategic reserve 16.05.2008 17:01 WASHINGTON, D.C. — The Energy Department says it has canceled oil shipments into the Strategic Petroleum Reserve beginning in July when the current purchase contract expires.

Canadians' drug spending on the rise, CIHI says 16.05.2008 17:01 Spending on prescription and non-prescription drugs in Canada reached $26.9 billion last year, an increase of 7.2 per cent over 2006, according to data released Thursday.