June 2008
Las Vegas Business Press (10712186);6/16/2008, Vol. 25 Issue 24, pP17
This section offers business news briefs as of June 16, 2008. The surge in oil prices leading to higher imports has resulted in a trade deficit of 7.8 percent or $60.9 billion in the U.S. in April 2008. Ford Motor Co. stockholders have agreed to sell 1.02 billion company shares to billionaire Kirk Kerkorian. Global retailers such as Tesco and Levi Strauss & Co. are increasing efforts to source local goods in developed markets to reduce transport and energy costs.


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