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U.S. retail diesel prices rose 2.3 cents to reach $2.336 a gallon, a new record high, the Department of Energy reported Monday.

The Conference Board said Tuesday its index of U.S. consumer confidence rose in June to a 105.8 reading, from May’s 103.1, to the highest level in three years.

Union Pacific Corp. has seen its revenue grow of 10% in the second quarter, in part due to price hikes, Bloomberg reported Tuesday.

A New York-based private equity investor has reached agreement to acquire majority interest in Ozburn-Hessey Logistics, the largest privately held third-party logistics provider in the U.S., OHL said Monday.

A day after soaring to a record high, crude oil prices took their biggest tumble in six weeks, plunging $2.34 to close at $58.20 a barrel, Bloomberg reported.

Heat Causing Buckling Roads in Pa. • Second U.S. Mad Cow Disease Case Confirmed • L.A. Port Seeks Federal Security Grants

Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>Rising asphalt prices have caused at least five states to delay or cancel road resurfacing projects, which could have an adverse effect on commercial vehicles, transportation officials said.

The Senate Tuesday approved an energy bill that encourages more efficient uses of energy and the development of renewable fuels such as ethanol, though it would do little to immediately ease gasoline, diesel and crude oil prices that are at or close to record highs, Bloomberg reported.

General Motors Corp. has indefinitely forbidden its senior executives and other employees with access to internal financial information from buying or selling company stock, the Associated Press reported Monday.