Maytag strike depresses stock. fifth day unsettled
Maytag Corp. shares tumbled as a strike at its Newton flagship plant entered its fifth day. Investors cite ongoing bad news while CalPERS questions governance. the firm considers shifting production to Herrin Illinois Searcy Arkansas and Florence South Carolina plants to offset losses.
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Newton
Maytag Corp
Laura Champine
Memphis
Morgan Keegan and Co
Maytag
Champine
Ralph Hake
California Public Employees’ Retirement System
Calpers
New York Stock Exchange
Lynne Dragomier
Atlantis
Neptune
Herrin
Searcy
Ark
Florence
S.C
Bob Bruno
University of Illinois
Reynosa
Mexico
Supreme Court ends rules on wholesale local phone access
The Supreme Court declined to extend cheap access rules for long distance carriers to rent local networks from Verizon and others. The policy expires now, with AT&T facing higher wholesale fees and potential higher consumer prices, while Verizon promises 90 day continuance of current terms. The FCC plans interim rules to govern future wholesale leasing between Baby Bells and rivals.
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Knight Ridder
Hackensack
N.J
At&t
U.S. Supreme Court
Verizon
Bedminster
Appeals Court
Supreme Court
Bush Administration
Claudia Jones
MCI
National Association of Regulatory Utility Commissioners
U.S. District Court of Appeals
FCC
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