Exxon Mobil Drops Partner Benefits for Gay Employees
Exxon Mobil Corp will not extend benefits to same-sex partners of new gay employees, maintaining only spousal benefits for legally recognized marriages. The policy mirrors Exxon’s stance after the merger, drawing criticism from the Human Rights Campaign which notes rivals like BP Amoco Shell and Chevron offer such benefits. Shareholders previously rejected a bylaw amendment that would have granted partner benefits.
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Dallas
Exxon Mobil Corp
Mobil
Exxon
Ed Burwell
Irving
Texas
Burwell
Human Rights Campaign
Exxon Mobil
David M. Smith
Washington
Smith
Bp-Amoco
Shell
Chevron
Productivity surge marks strongest gain in seven years
U S productivity rose 4.9 percent annual rate in Q3, with unit labor costs dropping 0.2 percent, signaling inflation pressure easing. Analysts cite tech investments as key driver while markets digest potential Fed rate moves after the report. Greenspan notes continued vigilance ahead of the December 21 policy meeting.
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Washington
Federal Reserve
Gerald Cohen
Merrill Lynch
New York
Coca-Cola
Martin Baily
Clinton
Council of Economic Advisers
U.S
Labor Department
Alan Greenspan
Fed
Greenspan
Emergency meeting on West Virginia FDA Food Codes in Beckley
Beckley hosts an emergency session Thursday from 2 to 4 p.m. at Country Inn Suites Exit 44 to discuss proposed FDA Food Code changes affecting hospitals, restaurants, schools, nursing homes, grocers, and convenience stores. Carol Fulks warns six key concerns may reshape state laws and costs. attendees urged. Copies of the 1999 FDA Code available via National Technical Information Service.
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Beckley
West Virginia
FDA
Country Inn Suites
Carol Fulks
Hospitality and Travel Association
National Restaurant Association
Food Service
Fulks
National Technical Information Service
Yahoo spurs mixed stock market after rally profit taking
Wall Street closed mixed as investors booked gains from last week. The Dow fell 118.36 to 11,106.65, its steepest drop since Oct. 25, while the Nasdaq rose 40.91 to 3,586.92 helped by Yahoo! surge.
MENTIONED IN THIS ARTICLE
Ron Campbell
Aymond
Pepe
James Financial Services
NASD
SIPC
Abbott Labs
Allegheny Electric
AFLAC
SBC Communications
At&t Corp
AM. Water Works
Anheuser-Busch
Apple Computer
IND. Tech
Ashland Coal Inc
Ashland Oil Inc
Atlantic Richfield
Baker-Hughes Inc
Baltimore Gas & EL
Bankamerica
Bell Atlantic
Bellsouth Corp
Bethlehem Steel
Boeing CO
CBS Corp
Cabot Oil & Gas
Carolina Power
Chevron Corp
Chubb Corp
Citizens Utilities
Coca-Cola CO
Columbia Gas Sys
Columbia Healthcare
CON
Nat'l Gas
Corning Inc
Suntrust Banks
CSX Corp
CVS Corp
Daimlerchrysler AG
Detroit Edison
Dominion Res
DOW Chemical
Dupont
Eastern Ent
Eastman Kodak
Emerson Electric
I Ethyl Corp
Exxon Mobil
First Union Corp
1St Virginia Bank
Flowers Industries
Fmccorp
Delhaize America Inc
ORD Motor CO
EN. Electric CO
SEN. Motors Corp
Georgia Pacific
Illette
LAXO
Oodyear Tire
Hercules Inc
Humana Corp
IBM Corp
Ingersoll-Rand
E K-Mart Corp
Intel Corporation
Kroger CO
Lowe's Cos
Acent Technologies
Donald's Corp
Merck & CO. Inc
Microsoft Corp. Ups
Monsanto CO
Mylan Labs, Inc
Nash Finch CO
Navistar Int'l
Nike, Inc
Norfolk Southern
Occidental Pete
ONE Valley Bank
Phila. Electric
Philip Morris Cos
Phillips Petroleum
Pittston Brinks
Pittston Burlington
Pittston Minerals
Potomac Elec
PWR
Praxair, Inc
Pulaski Furniture
Reebok Int'l
REX Stores Corp
Reynolds Metals
Rite Aid Corp
RJ Reynolds
Rockwell Int'l
Sara Lee Corp
Sears Roebuck
Sherwin Williams
Shoney's Inc
Southern CO
Tenneco Inc
Texaco Inc
TRI Continental
Union Carbide
Union Pacific
Unisys Corp
Universal Corp
Usair Group
USX
Marathon Oil
U.S. Steel
Wal-Mart
Walt Disney CO
Wendy's Int'l
Westvaco Corp
Williams Cos
Valley Nut
Xerox Corp
DOW Jones
New York
Dow
Yahoo
Hasbro to cut 2200 jobs and shift to high tech toys
Hasbro Inc. will slash 2,200 jobs and close plants in Tijuana and Ashford as it pivots to software and electronic toys. Manufacturing will move largely to Asia while core brands such as Tonka, Wizards of the Coast, and Tiger expand. Some offerings including Formula One racing toys and large dolls will be discontinued.
MENTIONED IN THIS ARTICLE
Providence, R.I
Hasbro Inc
Tijuana
Mexico
Ashford
England
Asia
Hasbro
Tonka Trucks
Wizards of the Coast Trading
Tiger
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Yahoo! Spurs Stock Market
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