GM begins cold shutdown as strike costs rise
GM moves to cut strike costs by laying off about 14,700 workers and shutting most North American car production plants in a two week summer shutdown. Delphi plants continue to operate for non GM customers while salaried supervisors go on vacation.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Donald Hackworth
Gerry Holmes
Delphi Automotive Systems
Delphi
Flint
Holmes
North America
Saturn Corp
Hackworth
Associated Press
Gm-Uaw
Sumitomo Trust to Acquire LTCB in Japan Banking Bailout
Sumitomo Trust and Banking Co plans to take over the ailing Long-Term Credit Bank of Japan in a government favored merger aimed at creating the nation’s second-largest bank. The deal, if completed within a year, would consolidate assets around 302 billion dollars and position the Sumitomo name at the helm amid Japan’s drive to stabilize a banking system burdened by hundreds of billions in bad loans.
MENTIONED IN THIS ARTICLE
Tokyo
Sumitomo Trust and Banking Co
Credit Bank of Japan
Japan
United States
LTCB
New York
Sumitomo Trust
Harris Health Plan ends prescription spending limits dispute
Harris Methodist Health Plan will drop contested limits on doctors prescription spending and reimburse physicians fined for exceeding them, following criticism, lawsuits, and regulator scrutiny. The Dallas Morning News reports the plan moved to end the policy after soul-searching influenced by doctors and state officials.
MENTIONED IN THIS ARTICLE
Dallas
Harris Methodist Health Plan
Dallas Morning News
Harris
Also Mentioned on This Page
Knight Ridder News Service
Takahashi
Sumitomo
James H. Woop
Amarillo National's Plaza Two
S. Taylor, L.B
Texas Board of Legal Specialization
Paturdaly
Panhandle Roe
Southwestern Public Service
Southwestern Public Service Company
Public Utility Commission of Texas
Southwestern
Tyler
Sixth
P.O
Amarillo
Texas
P. O. Box
Austin
Public Utility Commission
Office of Consumer Affairs
The
Commission
HMO
Patrick Spears
Texas Department of Insurance
Jim Davis
Bob Lanier
Tarrant County Medical Society
MobileComm
S. van Buren
Hampton
Trader
Panhandle
Bortining
S4th & Bell
Avenger
Texas Furniture Eo
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