Union Workers Strike at General Dynamics Plants
More than 800 employees walked off Monday at General Dynamics Land Systems, maker of tanks and military equipment. Talks with the United Auto Workers exceeded the midnight deadline without a deal. Nonunion staff will keep operating, and production continues at Lima Ohio. Eynon Pennsylvania. and Sterling Heights Michigan sites.
MENTIONED IN THIS ARTICLE
General Dynamics Land Systems
United Auto Workers
Peter Keating
Nonunion
Keating
Lima
Ohio
Eynon
Sterling Heights
Mich
Economy Firms Trim Inventory Glut
The Commerce Department reports unsold goods fell 0.1 percent in August after a 0.5 percent drop in July as consumers stayed away post Sept 11. Economists say reducing excess stocks could pave the way for higher production and economic growth amid uncertain buyer mood.
MENTIONED IN THIS ARTICLE
Commerce Department
Siemens to Cut 7000 More Jobs Worldwide
Siemens AG announced plans to cut 7,000 jobs by October 2002 across its fixed line and mobile telecom divisions, with about 3,000 cuts in Germany. The reductions, to be completed within a year, include 5,000 in Information and Communications Networks and 2,000 in the mobile group, amid a global demand slump.
MENTIONED IN THIS ARTICLE
Siemens AG
Siemens
Germany
Boeing delays 777-200LR work amid 9/11 slump
Boeing has halted work on the 777-200LR for 18 months while seeking a launch customer. The 301-seat, long-range twinjet aims to reach 10,195 miles enabling routes like New York to Kuala Lumpur and Atlanta to Hong Kong as industry recession bites.
MENTIONED IN THIS ARTICLE
Boeing Co
Debbie Heather
Boeing
Heathers
New York
Kuala Lumpur
Malaysia
Atlanta
Hong Kong
Gannett Reports 16 Percent Earnings Drop in Q3
Gannett Co: USA Today publisher. third quarter net earnings fell 16 percent to 174.8 million from 208.3 million a year earlier as the advertising climate worsened after the September 11 attacks.
MENTIONED IN THIS ARTICLE
Gannett Co
Gannett
USA Today
Bush plan to share terrorism insurance costs with industry
The White House proposed splitting future terrorism claim costs between government and insurers to shield taxpayers from large payouts. Taxpayers would cover 80 percent of the first 20 billion dollars next year, with Treasury liability capped at 100 billion.
MENTIONED IN THIS ARTICLE
Washington
Bush Administration
U.S
New York
Virginia
Administration
Treasury
Congress
White House
Travel agents rebound amid post attack travel slowdown
After the September 11 attacks, airlines cut staff and grounded flights as travel slows. River City Travel Co. president Harriet Matthews reports ticketing near double pre attack levels for spring breaks and Christmas trips while agents help navigate security and schedule changes. AAA survey finds 70 percent of leisure travelers rely more on agents and 84 percent plan air trips with agent help.
MENTIONED IN THIS ARTICLE
Mike Yoder
Harriet Matthews
River City Travel Co
15Th St
Christie Garton
KU Olathe
Matthews
13Th St
AAA
Opinion Research Corp
World Trade Center
Pentagon
Pennsylvania
U.S
Sandra Hughes
Hughes
Bethlehem Steel Files For Chapter 11 Bankruptcy
Bethlehem Steel Corp the third largest US steelmaker filed for Chapter 11 protection in Philadelphia facing five straight quarterly losses from cheap imports and high labor costs. The company aims to reduce debt renegotiate retiree obligations and find buyers while securing 450 million dollars in interim financing. Bethlehem emphasizes industry consolidation as necessary amid a faltering economy and weak demand for autos and appliances following terrorist attacks.
MENTIONED IN THIS ARTICLE
Philadelphia
Bethlehem Steel Corp
Golden Gate Bridge
Empire State Building
Robert Miller Jr
Bethlehem
Miller
Charles Schwab
Andrew Carnegie
Fore River
Quincy
Mass
America
George Washington Bridge
Rockefeller Center
Waldorf-Astoria Hotel
Chrysler Corp
Regional commodity prices and livestock quotes listed
Market notes from Ottawa Cooperative and several elevators show wheat and corn around 2.50 to 2.53 dollars and soybeans near 4.00. The piece also cites USDA loan deficiency payments for corn and soybeans, plus Monday quotes for nonferrous metals and livestock receipts in St Joseph Missouri.
MENTIONED IN THIS ARTICLE
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence
Pauline
USDA
St. Joseph
St. Josefh
Ida Stuatdy
Also Mentioned on This Page
Telecommunications
Aviation
Bush
Jworld.com
Anne Walters
Clinton Parkway
Beverly Falley
Lawrence Travel Center
23Rd St
Falley
Mark Fagan
Steelmaker
London
Handy & Harman
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