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Forecasters Raise Prediction of Number of Hurricanes

U.S. weather forecasters said Tuesday there could be 11 to 14 more tropical storms, including seven to nine more hurricanes, though the end of November, news services reported.

August 3, 2005

Oil Hits Another Record; Price Recedes Following Inventory Gains

Click here to write a Letter to the Editor. rude oil hit a third record in three days Wednesday, climbing to $62.50 a barrel before receding after the weekly Department of Energy inventory reports for oil, distillate fuels and gasoline.

August 3, 2005

NHTSA Rule Requires Checks Before States Issue CDLs

Click here to write a Letter to the Editor. he National Highway Traffic Safety Administration has issued a final rule mandating that before issuing or renewing a commercial driver’s license, states must verify a driver's eligibility through checks of both the National Driver Register and the Commercial Driver's License Information System.

August 3, 2005

GE Providing Financing to Allied Holdings

GE Commercial Finance Corporate Lending said Wednesday it has provided a $230 million in debtor financing to Allied Holdings, following Allied’s filing for Chapter 11 bankruptcy.

August 3, 2005

July ISM Services Index Falls

Click here to write a Letter to the Editor. he U.S. services sector fell in July, the Institute for Supply Management reported Wednesday.

August 3, 2005

Announced Job Cuts Rise in July, Report Says

Click here to write a Letter to the Editor. he number of announced U.S. job cuts in July rose to almost 103,000, 48% higher than July 2004, according to an industry report issued Wednesday by job-placement firm Challenger, Gray & Christmas.

August 3, 2005

Personal Spending, Incomes Rise in June

Personal spending jumped in June by 0.8% as consumers bought more automobiles, the Commerce Department reported Tuesday.

August 2, 2005

Toll Provisions Included in Highway Bill

Click here to write a Letter to the Editor. wo provisions that would allow tolling of certain stretches of interstate highways were included in the multiyear highway funding bill passed by Congress last week.

August 2, 2005

Oshkosh Truck Reports Higher Earnings

Specialty truck maker Oshkosh Truck Corp. Tuesday reported improved earnings for its third quarter ended June 30.

August 2, 2005