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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Apr 12, 2006
Page
7
Bausch & Lomb Inc shares drop 14.6 percent after the company halts U S shipments of ReNu with MoistureLoc contact lens solution linked by officials to a rare Fusarium fungal infection. Wal-Mart and Walgreen push recalls while analysts cut ratings amid sales fears.
The South Carolina Senate failed to agree on a starting point for a property tax relief proposal as members criticized the plan as defective. They adjourned without choosing the committee bill or a House alternative, signaling further changes ahead.
Sen. Glenn McConnell argues the Senate plan offers better relief than the House plan. Sen. Wes Hayes Defends the Senate plan while noting its business impact includes potential tax increases and worries about regional competition. Charleston County homes top value lists prompting debate over who pays for local debt and property tax changes.
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