Gas prices down slightly over 2 weeks
Gas prices down slightly over 2 weeks
CAMARILLO, Calif.
The average U.S. price of a gallon of gasoline dipped by less than one penny — about a third of a cent — over the past two weeks.
That’s according to the Lundberg Survey of fuel prices, released Sunday, which puts the price of a gallon of regular at $3.83.
Of the cities surveyed in the lower 48 states, Jackson, Miss., has the nation’s lowest average price for gas at $3.51. Chicago has the highest at $4.25.
Volvo CEO to take leave after stroke
NEW YORK
The president and CEO of Volvo Car Corp. has suspended his duties within the company for the next month due to a stroke, the company said Sunday. Chief Financial Officer Jan Gurander will serve as acting CEO during the absence.
Volvo said CEO Stefan Jacoby suffered a mild stroke last week and is starting the recovery process.
Jacoby, who was born in 1958, has been CEO of the carmaker since August 2010. Prior to that, he was president and CEO of Volkswagen Group of America Inc.
Clinton calls for action at meeting
NEW YORK
Former President Bill Clinton on Sunday challenged Wal-Mart to open a store in Libya and help create jobs in the world’s most troubled areas.
“If the new president of Libya asked you to open a store in Tripoli, would you consider it?” Clinton asked Wal-Mart CEO Mike Duke at the opening session of the Clinton Global Initiative.
The annual forum brings together leaders in politics, business and philanthropy for three days of brainstorming about the most pressing global problems.
Duke was on a Clinton-mediated panel with U.N. Secretary-General Ban Ki-moon, Queen Rania of Jordan and World Bank President Jim Yong Kim.
The Wal-Mart executive — jokingly calling the corporate giant a “small company from Arkansas,” Clinton’s home state — said the company already operates in high-risk areas including parts of sub-Saharan Africa. But Wal-Mart has no presence in Tripoli, the Libyan capital Clinton named as a possible location.
From wire reports