Navistar official denies bankruptcy rumors

(Jan. 10, 2013) -- "I fully expect Navistar will entertain offers for sale and have, in fact, already rejected several offers," said Osborne. "However, it has come to my attention that some of our competitors are using scare tactics with our customers suggesting that the company will be sold or forced into bankruptcy and that our warranties will be void. Those tactics are reprehensible. Navistar is well funded and under no threat of bankruptcy."

Priority One Financial to offer equipment financing

(Jan. 10, 2013) -- "With the finance services Priority One is now offering these dealers, they can expect access to multiple exclusive lenders, quick approvals, unmatched profit opportunities and unique program options," said Zimlin. "We’ve done our research in the equipment finance industry and are excited to expand our business in this arena."

Initial unemployment claims rise by 4,000

(Jan. 10, 2013) -- "The increase in the latest week marked the fourth consecutive weekly increase in initial claims," said Janzen. "This leaves the level of claims in early January notably above the levels that prevailed a month earlier, but still well below the elevated November readings that likely reflected a combination of Hurricane Sandy and difficulties seasonally adjusting the data around the Thanksgiving holiday."