Italian Fiat firm may buy controlling interest in Hesston
Hesston Corp. said Fiat Group of Italy would acquire $20 million in new stock, giving the Italian firm a controlling stake while benefiting Hesston in two ways. The official indicated the move would reshape ownership and provide strategic advantages for the Kansas company.
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Fiat
Hesston
UPI
Hesston Corp
Fiat Group
Italy
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Dick Hrdlicka
Rescue saves passengers on sinking ferry
A North Atlantic ferry named William Carson sank after hitting an iceberg on its first run of the season. All 112 aboard were rescued within eight hours by helicopters and the icebreaker Sir Humphrey Gilbert. No injuries or loss of life were reported.
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ST. John's
Nfld
UPI
North Atlantic
William Carson
Ted Bartlett
Canadian National Railways
St. John’s Newfoundland
Goose Bay
Labrador
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Humphrey Gilbert
Postman chased by woman over missing welfare check
Orlando postal worker Jack F. Horn, 48, was chased into an apartment by a woman upset her welfare check did not arrive in the mail. She grabbed mail from his bag and threw it as he fled. No charges filed. investigators search for missing items.
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Orlando
Fla
UPI
Jack F. Horn
Horn
Folger Cuts Wholesale Coffee Price
Folger Coffee Co reduces wholesale list price from 4.18 to 3.98 per pound amid recent declines in imported green coffee. The cut, not yet matched by other roasters, follows industry warnings that high prices could reduce global consumption by 5 to 10 percent. Folger is the nation’s second largest roaster and earlier sold at 4.46 per pound this year.
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Folger Coffee Co
Folger
Brazil
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