Business news digest

NATION

Going with safe assets

NEW YORK — Treasurys finished a wobbly week with a gain Friday after data showing an anemic rise in personal spending compelled investors to put money into safe assets ahead of the weekend.

Longer-term bonds attracted buying particularly because the Commerce Department’s personal spending report indicated that inflation is under control.

The year-over-year personal core expeditures deflator fell to 2 percent, back within the Federal Reserve’s comfort zone of 1 percent to 2 percent. The 30-year-long bond rose 29/32 to 100 25/32, with a yield of 4.33 percent, down from 4.38 percent. The 2-year note moved slightly higher by 2/32 to 100 6/32, and yielding 1.66 percent, down from 1.70 percent late Thursday.

REGION

Dominion East Ohio rates

Effective April 17 through May 15, 2008, Dominion East Ohio customers will pay a Standard Service Offer (SSO) rate of $11.018 per thousand cubic feet (mcf), an increase of 64.8 cents, or 6.2 percent from the March SSO of $10.370 per mcf.

The new SSO is $2.020 per mcf, or 22.5 percent, higher than the SSO of $8.998 per mcf in place for April 2007, officials said.

Under the new filing, the average residential customer’s bill for the month of April 2008 would be $131.87, up $23.07, or 21.2 percent, from $108.80 in April 2007.

The delivery or transportation rate of $3.006 per mcf is the same for all Dominion East Ohio customers, SSO, Energy Choice or aggregation.

Goodyear tires chosen

AKRON — A variety of tires from The Goodyear Tire Rubber Company have been selected as original equipment for several models of the Toyota Corolla and Matrix.

These announced selections represent among the first original equipment fitments for Goodyear’s new ultra-high performance all-season tire, the Eagle F1 All Season.

Goodyear tires are original equipment on many vehicles from Acura, Audi, Cadillac, Chevrolet, Dodge, Ford, GMC, Hummer, Infiniti, Isuzu, Jeep, Land Rover, Lexus, Mazda, Mercury, Nissan and Toyota.

Vindicator staff/wire