Kmart files plan to emerge from bankruptcy
Kmart Corp bids a five year turnaround with ESL Investments and Third Avenue Trust investing at least 293.4 million for new stock. The plan aims for profitability in 2004, cites alleged mismanagement by former executives, and outlines stock reissue and creditor settlement. A Feb. 25 hearing is set.
MENTIONED IN THIS ARTICLE
Detroit
Kmart Corp
Kmart
ESL Investments Inc
Connecticut
Edward Lampert
Third Avenue Trust
Chicago
Securities and Exchange Commission
FBI
Wal- Mart
Target
Troy
ESL
Lampert
Greenwich
Conn
Forbes Magazine
Julian Day
Dairy 3 A Day ads spark health campaign clash
Health advocates and farm groups clash over the National Dairy Council 3 A Day campaign promoting two to three daily dairy servings. They claim the 3 A Day logo mimics the 5 A Day trademark, urging caution about public health messaging and potential fat intake concerns while noting calcium needs.
MENTIONED IN THIS ARTICLE
Washington
National Dairy Council
Agriculture Department
National Cancer Institute
Fruit and
Tom Stenzel
United Fresh Fruit & Vegetable Association
The
Cancer Institute
Stenzel
U.S. Patent and Trademark Office
Lorelei DiSogra
Greg Miller
Dairy Council
United States
Miller
Margo Wootan
Center For Science In the Public Interest
Wootan
Center
Dairy
New York woman sentenced in heroin smuggling case
Sharrall Vassell, 37, of New York City, was sentenced to six years in prison for using her 9 year old son to smuggle more than 15 pounds of heroin from Panama into Florida. U.S. Customs agents seized the drugs worth about $12 million last June.
MENTIONED IN THIS ARTICLE
Fort Lauderdale
New York City
Florida
Sharrall Vassell
Panama
U.S. Customs Service
Governor Bredesen declines 85 thousand salary in budget stand
Governor Phil Bredesen, a multimillionaire businessman, turns down his $85,000 state salary while considering layoffs to address a budget shortfall. He says public service matters more than pay and released the statement Friday in Nashville Tennessee.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Phil Bredesen
Bredesen
Gremlins star Zach Galligan accused in shoplifting case
West Hollywood California AP Zach Galligan the Gremlins actor was arrested on suspicion of shoplifting after allegedly taking a Deep Purple CD from a Tower Records in Sunset Boulevard Los Angeles. He was stopped in the parking lot and handcuffed by store security as he left with the item concealed on his person. The store manager said it was a routine shoplifting arrest.
MENTIONED IN THIS ARTICLE
West Hollywood
Calif
Gremlins
Zach Galligan
Deep Purple
Tower Records
Galligan
Los Angeles
Sunset Boulevard
Los Angeles County
Bruce Thomas
Jay Smith
Nebraska Beef ends shutdown bid after USDA settlement
Nebraska Beef Ltd reached a settlement with the US Department of Agriculture to keep its plant open amid an E coli controversy. The deal ends heated court action over sanitation and safety compliance with producer All American Meats linked to contaminated ground beef. Consumer activists voiced disappointment, while officials said the case tests the agency's enforcement resolve.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Nebraska Beef Ltd
US Department of Agriculture
Usdas
USDA
Nebraska Beef
Art Jaeger
Consumer’ Federation of America
All American Meats
All American
William C. Smith
U.S. Department of Agriculture
Food Safety and Inspection Service
Nebraska
Also Mentioned on This Page
Corporation
Star
Nebraska Meatpacker
Smith
Steven M. Miller
M.D. Garden Medical Clinic
P.A
Steven
Steven Miller
Garden City
Kansas
Garden Medical Clinic
Garden Medical
Call
Vaughn Bassett
Ashley & Harden
NEW Shipment
Stoneville Dinettes
Nees
Fleming Garden City
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