Oil Closes Week at Two-Month Low Under $70 a Barrel
Oil prices fell to the lowest level since Oct. 7 Friday, the eighth day of falling prices, Bloomberg reported.
December 11, 2009Caterpillar Logistics to Build Facility in Ohio
Caterpillar Logistics Services said it will open a new parts distribution center in Clayton, Ohio.
December 11, 2009Companies Bring Back Some Benefits as Economy Improves
Companies including FedEx Corp. have begun reinstating some employee benefits as the economy has shown signs of improvement, USA Today reported Friday.
December 11, 2009Business Inventories Rise for First Time in a Year
Business inventories rose in October for the first time in a year, the Commerce Department said Friday.
December 11, 2009Consumer Confidence Improves in December
U.S. consumer confidence improved in December for the first time in three months, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
December 11, 2009Import Prices Rise 1.7% in November
The price of goods imported to the United States rose 1.7% in November, the most in five month, the Labor Department said Friday.
December 11, 2009Retail Sales Increase 1.3% in November
Retail sales rose 1.3% in November, the Commerce Department said Friday.
December 11, 2009Intermodal Traffic Falls for Week
U.S. intermodal rail traffic dropped 4.2% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
December 11, 2009CARB Offers Truckers Flexibility on Diesel Emissions Rule
The California Air Resources Board said late Wednesday it gave its staff until April to come up with a new provision to allow truck fleets more flexibility in reducing their diesel emissions.
December 10, 2009Initial Jobless Claims Rise
Initial jobless claims increased last week after the previous week’s one-year low, the Labor Department reported Thursday.
December 10, 2009