Truckers and bus drivers oppose new driving limits
Washington AP reports unhappy truckers and bus operators say proposed driving time limits will hurt the economy and reduce safety. Hearings drew industry reps who warn the rule, including 12 hour maximums for long distance drivers and mandatory electronic logs, will require more staff and added vehicles.
MENTIONED IN THIS ARTICLE
Washington
Transportation Department
Godfrey ‘LeBron
Paradise Tours
Elmont
N.Y
Ronald “Eyre
Eyre Bus Service
Glenelg
David Osiecki
American Trucking Association
New home sales fall as rates slow economy in April
New single family home sales dropped 5.8 percent to a 909,000 annual rate in April, the largest one month decline since September. The Conference Board index of leading indicators slipped 0.1 percent, signaling slower growth as higher Fed rates bite. Online shopping totaled 70 cents of every $100 in retail sales for January through March, with e commerce up 1.2 percent from Q4. Regional sales varied, with the Northeast up 8.6 percent to 88,000 annualized, but declines in the Midwest, West and South.
MENTIONED IN THIS ARTICLE
Ashington
Federal Reserve
Commerce Department
Conference Board
New York
Wall Street
Fed
Midwest
West
South
Purchasing Management Association of Chicago
National Purchasing Managers
Mark Witner
First Union Securities
Stocks slide as rally fades amid sticky rate fears
US equities closed lower as investors cooled on a nascent rebound and questioned the Fed’s rate path. The Nasdaq slipped to 3,400.91 while the Dow fell to 10,522.33 and the S&P 500 edged down. traders eyed May data and Friday jobs figures for clues. Banks rose on balance, while tech names faded after Tuesday’s gains amid growth and inflation jitters.
MENTIONED IN THIS ARTICLE
RON Campbell Investment Planning
Raymond James Financial Services
NASD
SIPC
Abbott Labs
Allegheny Electric
AFLAC
SBC Communications
At&t Corp
AM. Water Works
Apple Computer
Anheuser-Busch
IND. Tech
Ashland Coal Inc
Ashland Oil Inc
Baker-Hughes Inc
Baltimore Gas & EL
Bankamerica
Bell Atlantic
Bellsouth Corp
SETHE
Bethlehem Steel
Boeing CO
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Corning
Suntrust
CSX Corp
CVS Corp
Daimlerchrysler AG
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
US Corp
MOBIL
First Union Corp
Virginia Bank
Flowers Industries
FMC Corp
Delhaize America
Ford Motor CO
GEN. Electric CO
GEN. Motors Corp
GTE
Georgia Pacific
Gillette
Goodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
Intel Corporation
K-Mart Corp
Kroger CO
Lowe's Cos
Lucent
McDonald's Corp
Merck & CO. Inc
Nash Finch CO
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
ONE Valley Bank
J.C. Penney CO
Pennzoil CO
Pepsico Inc
Phila. Electric
Philip Morris Cos
Phillips Petroleum
Pittston Brinks
Potomac Elec
PWR
Praxair, Inc
Reebok Int'l
REX Stores Corp
Rite Aid Corp
RJ Reynolds
Rockwell Int'l
Sara Lee Corp
Southern CO
Tenneco Inc
Texaco Inc
TRI Continental
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
USX Marathon Oil
Usx-U.s. Steel
Wal-Mart Stores
Walt Disney CO
Wendy's Int'l
Westvaco Corp
Williams Companies
Valley Natural Gas
XEROX
DOW Jones Industrial
NEW York
Federal Reserve
the & Poor
Ned Riley
State Street Global Advisors
Citigroup
American Express
Qualcomm
Hewlett-Packard
Carly Fiorina
Veriphone
Riley
Fed
Regulators Review Media Ownership Rules Amid Consolidation
FCC proposes loosening rules to allow greater consolidation in newspapers and broadcasting while retaining a 35 percent cap on national TV audience reach. The commission will study each item and seek public comment before final changes, with Kennard stressing continued diversity and competition on airwaves.
MENTIONED IN THIS ARTICLE
Washington
Federal Communications Commission
FCC
William Kennard
Also Mentioned on This Page
Department of Commerce
Vee
Citizenscommunications.com
Citizens Communications
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