Total industrial production climbed 0.41 percent since July and 2.66 percent above the level seen in August 2012.
Suntech stock has rallied on rumors that Warren Buffet may buy the bankrupt Chinese solar company. No one’s quite sure why Warren Buffett might want to buy Suntech, Alic writes, and there has been no confirmation from MidAmerican Holdings that any deal is in the works.
Fisker Automotive is now facing a lawsuit for the dismissal of 160 of its employees, Ingram writes. Fisker Automotive is charged with failing to give employees at least 60 days of notice before mass terminations.
Industrial production climbed 0.71 percent in February, according to the Federal Reserve's monthly read of industrial production and capacity utilization.
Industrial production fell 0.10 percent in January, according to the latest read from the Federal Reserve.