U.S. businesses largely unscathed by Rita

Newswire

By Mark Wilkinson BOSTON, Sept 26 (Reuters) - U.S. Gulf Coast businesses heaved a collective sigh of relief after Hurricane Rita and said on Monday their operations emerged mostly unscathed from the storm. Rita was predicted to be stronger and more destructive than Hurricane Katrina, which struck the Gulf Coast less than four weeks ago. But the predictions proved wrong and Rita caused far less damage than anticipated by companies with operations in the region such as automobile retailer ...

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