The Ticker

Car sales way up in May

New vehicle sales soared in May, this time fueled by easy credit, warmer weather and more optimistic consumers.

Americans bought new vehicles at an annual rate of 16.8 million units in May, the strongest pace since February 2007 and up from 15.5 million in May 2013, according to Autodata Corp.

Among the Detroit Three automakers, Chrysler led the way with a 17 percent increase — marking its 50th consecutive monthly increase — and General Motors and Ford rose 13 percent and 3 percent, respectively.

Trucks, SUVs, midsize sedans and crossovers continue to be the hottest segments.
 

Judge won't quash subpoena 
vs. R.I. speaker in 38 Studios case

The Rhode Island judge hearing the 38 Studios lawsuit has declined to quash a subpoena for testimony from ex-House Speaker Gordon Fox.

Defendant First Southwest had subpoenaed Fox for deposition testimony. A court spokesman said Judge Michael Silverstein ruled yesterday.

Another defendant, Wells Fargo, has also subpoenaed Fox for documents related to ex-Red Sox pitcher Curt Schilling's now-bankrupt video game company.

Uber offering water taxi requests

Starting today, the Uber app will allow users to request a water taxi for a limited time through Boston Harbor Cruises. When riders are within one-quarter mile of the Boston Harbor from June 4 to June 15, they will see the "UberBOAT" option in the app.

Today

 Commerce Department releases international trade data for April.

 Labor Department releases first-quarter productivity data.

 Institute for Supply Management releases its service sector index for May.

 Federal Reserve releases Beige Book.
 

TOMORROW

 Labor Department releases weekly jobless claims.

 Freddie Mac releases weekly mortgage rates.

THE SHUFFLE

Cambridge-based PJA Advertising + Marketing has added Tammy Bondanza as media director. Bondanza will oversee PJA's media teams across its Cambridge and San Francisco offices. Bondanza was most recently senior vice president, digital media at Hill Holliday in Boston for the past seven years. Prior to joining Hill Holliday, she led Mullen's interactive and direct-response media practices.

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