The federal minimum wage increased to $6.55 on July 24. This is the second $.70 increase in the last year. In 2007, President Bush signed into law a SEMA-supported measure that balanced a minimum wage hike with $4.8 billion in small-business tax breaks. The wage rose from $5.15 to $5.85 in July 2007...

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NO MORE: Nashville (Tennessee) Superspeedway officials confirmed that the Indy Racing League will not return to the track for an event in 2009. Track officials blamed high sanctioning fees from the IndyCar Series as the reason after having hosted the series eight times.

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ACI (Agri-Cover Inc.) promoted Tara Opdahl to sales operations manager. Opdahl will continue to oversee many of the day-to-day sales tasks and assist the sales director in promoting ACI’s products and Gold Star Dealer program. She is also the tradeshow coordinator for ACI and brings 1 1/2 years of...

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Dates and locations for several upcoming SEMA-sponsored shows and activities have been announced. Details are:>> SEMA Webinar, "Highly Effective Low-Cost Marketing Strategies," July 31, 2008 10:00 a.m. (PDT)>> SEMA Webinar, "Inventory Management: Mark It Down, Move It Out and Make More Money,"...

As auto dealerships face plummeting sales in a market plagued by shifting consumer trends, rising gas prices and a receding economy, they have been forced to make budget cuts. In particular, they have made advertising cuts. Some dealers have taken a different approach however, and have instead...