The economic stimulus measure passed by Congress and to be signed into law by President Bush includes several important business tax breaks. The new law includes both a temporary increase in the first-year direct-expensing allowance and a bonus depreciation deduction of 50% for 2008. The direct...

The Department of Labor (DOL) has proposed changes to regulations governing the Family Medical Leave Act (FMLA) to address gray areas in the law. One such issue has been the need to have more concise rules on managing unscheduled intermittent leave. Under the current and proposed rule, employers...

Through an expansion of its existing relationship with Chrysler and Mopar, Katzkin Leather Inc. announced that its interiors are now available as an official Chrysler accessory. According to Katzkin, the interiors are ordered through Mopar’s existing parts-order system, backed with Chrysler’s...

MERGER? The Indy Racing League and Champ Car World Series are continuing to discuss a merger, which when complete would see the two open-wheel series, which have been separate since 1996, united together under the Indy Racing League banner. There remain several hurdles to clear, but the negotiations...

NEWS NUGGETSSCHUMACHER, HIGHT START 2008 SEASON WHERE THEY LEFT OFF WITH A WIN IN POMONA; ANDERSON COLLECTS 52ND WIN: Defending Top Fuel world champion Tony Schumacher began his 2008 campaign for a championship where he left off last season, picking up his 42nd career victory Sunday at the CARQUEST...

Penray announced that Sarkis Aroyan, international sales manager and senior application engineer-coolant inhibitor, is celebrating his 15th anniversary with the company. Aroyan began his career at Penray in 1993 as a product specialist and technical engineer in the Power Fleet Division, working...

ARMO Members—Help Shape the Future of Your IndustryMembers of ARMO have the unique opportunity to help shape the future of the restoration industry by choosing appropriate representatives to serve on the Select Committee as their eyes, ears and voice.

The SEMA National Education Conference, scheduled April 10–11 in Nashville, is a concentrated, two-day leadership program developed exclusively for automotive specialty-equipment executives. With the knowledge shared at this conference, you'll discover how to lead your company to new levels of...

Filler for eNews

Dates and locations for several upcoming SEMA-sponsored shows and activities have been announced. Details are: