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Bush Calls for More U.S. Oil Exploration

President Bush said Wednesday that Congress should allow for expanded U.S. offshore oil drilling and called for opening up more areas for domestic energy exploration.

June 18, 2008

Ontario to Require 65-MPH Speed Limiters on Trucks

The Ontario Legislature passed a measure Monday requiring speed limiters on large trucks that would cap speeds at 105 kilometers per hour, the equivalent of 65.2 miles per hour, the Ontario Transportation Ministry said.

June 18, 2008

Housing Starts Fall to 17-Year Low

New housing starts fell 3.3% in May as builders broke ground on the fewest number of houses in 17 years, the Commerce Department said Tuesday.

June 17, 2008

Producer Prices Jump 1.4% in May

Prices paid to U.S. producers jumped 1.4% in May, led by food and fuel costs, the Labor Department said Tuesday.

June 17, 2008

YRC to Take 2Q Charges; Affirms Core Earnings Outlook

YRC Worldwide late Tuesday reaffirmed its core second-quarter earnings guidance, but said its financial statement would include some special charges.

June 17, 2008

CPI Rises 0.2% in May

The consumer price index rose 0.6% in may, the Labor Department said Friday.

June 13, 2008

Consumer Confidence Falls to 28-Year Low

U.S. consumer confidence fell to a 28-year low this month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

June 13, 2008

Retail Sales Jump 1% in May

Retail sales jumped 1% in May, the Commerce Department said Thursday.

June 12, 2008

DP World Becomes Partner in C-TPAT

DP World Ltd., the world’s fourth-biggest port operator, has been certified as a partner in the U.S. Customs-Trade Partnership Against Terrorism initiative, Bloomberg reported.

June 13, 2008