CRUDE OIL PRICES CLIMBING STEEPLY
Crude oil prices climbed to their highest level since the Persian Gulf War on Thursday. It's an increase that, early next year, will mean steeper gasoline prices, possibly surcharges on plane tickets and higher costs on products ranging from plastic goods to anything that's shipped.
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Economic downturn predicted ANN ARBOR, Mich. Forecasters at the University of Michigan see slower growth, higher interest rates, a weaker dollar, softer home sales and a slight rise in inflation ahead. Trade deficit a blot on stellar economy WASHINGTON The U.S. trade deficit widened to $24.4 billion in September even though American farmers saw their exports climb to the highest level in 19 months. Circleport park grows again
Corporex Cos.' Circleport office park near the Cincinnati/Northern Kentucky International Airport is expanding on a number of fronts, adding tenants, office space and land, the company said Thursday. Suit says LCA founder swindled
LCA-Vision Inc. founder Stephen Joffe and his wife lost more than $4 million worth of their own company stock after pledging the shares as collateral for a loan from Credit Bancorp Ltd. Health Alliance aims to stay intact
Contrary to speculation, the Health Alliance of Greater Cincinnati will not be breaking up anytime soon. TRISTATE BUSINESS SUMMARY
Elder-Beerman Stores Corp. posted a third-quarter loss on higher sales after factoring in costs associated with its discontinued shoe division. INDUSTRY NOTES: MANUFACTURING
W. James McNerney Jr., president of GE Aircraft Engines and possible successor to GE Chairman Jack Welch, will be keynote speaker at the Greater Cincinnati Chamber of Commerce's annual business luncheon today. TRISTATE MARKET SPOTLIGHT
Shares of Chemed Corp. gained $2.121/2, or 8.5 percent, to close Thursday at $27.061/4. TECHNOLOGY TODAY THURSDAY'S BUSINESS STORIES