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Old 05-16-2007, 01:00 PM
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Arrow BMW to boost production at US factory

Investors watched a choppy showing in the latest session, even as the Dow notched a new record high. The index sits at 13,383.

SINGAPORE (AP) - Triple A says the national average for regular unleaded gasoline has moved to a fresh record of $$3.10 a gallon. Oil prices are steady as traders weigh expectations of rising US crude and gasoline supplies. Light, sweet crude for June delivery fell 4 cents to $$63.13 a barrel in Asian electronic trading on the New York Mercantile Exchange.

WASHINGTON (AP) - Data is due in the session ahead on April housing starts, seen easing. The Federal Reserve also weighs in with industrial production, expected to show an increase.

ALBANY, N.Y. (AP) - New York Attorney General Andrew Cuomo has reportedly filed a lawsuit against computer maker Dell. The Wall Street Journal reports that he's accusing the company and its financial services affiliate of deceiving customers to increase sales.

TOKYO (AP) - Sony's loss in the latest quarter widened from a year ago on the huge costs for the PlayStation 3 game console. Sony says profit for the current year should more than double on strong sales of flat TVs and other electronics.

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: [url=http://www.thestar.com/Business/article/214254]Toronto Star[/url]
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