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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Dec 03, 2000
Page
5
A moderate 4.8 magnitude earthquake struck near the California Nevada border west of Truckee early Saturday, shaking the Sierra Nevada region near Lake Tahoe. No damage reports were immediately available.
Americans buy less jewelry and homes, with flights and minivans selling slowly. Confidence slips for the second straight month as unemployment claims rise 5 percent. business investment also weakens amid higher costs and less disposable income.
New York Times reports Allstate and Progressive are raising liability premiums for sport utility vehicles, pickups, and large vans due to higher accident damage. Some premiums may fall for other cars as insurers reflect actual claims. State Farm says it will cut personal injury costs for fast vehicles, but SUV owners still face higher overall premiums.
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