Ex-Chicago detective indicted in $4.85 million jewel theft ring
William Hanhardt, 71, longtime Chicago chief of detectives, faces an indictment for masterminding a nationwide jewel theft ring that stole about $4.85 million in jewels. He and three others pleaded innocent. Hanhardt released on $200,000 bond. The case notes he helped recruit officers to exploit police computers.
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Chicago
William Hanhardt
Hanhardt
W. Thomas Rosemond Jr
Corporations dodge taxes in 1990s study finds
An independent study from the Institute on Taxation and Economic Policy shows 250 profitable firms paid an effective tax rate of 20.1 percent in 1998, down from 22.9 percent two years earlier. Forty one enjoyed years with no income taxes or rebates despite $25.8 billion in pretax profits, including Texaco Chevron PepsiCo JP Morgan Enron and General Motors.
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America
Nonprofit
Institute On Taxation and Economic Policy
Texaco
Chevron
Pepsico
J.P. Morgan
Enron
General Motors
Cooper Tire to Cut 1100 Jobs and 18 Plants Worldwide
Cooper Tire and Rubber Co said it will eliminate 1100 jobs, about 4.3 percent of its workforce, and close or shrink operations at 18 plants globally. The Findlay, Ohio company posted a 32 percent drop in third quarter profits amid higher material costs and a large Bridgestone Firestone tire recall. In North America, jobs will go at Luzerne and Mio Michigan, Rocky Mount North Carolina, and the Oliver Rubber plant in Dallas, with all cuts completed by year end.
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Cooper Tire & Rubber Co
Findlaybased
Bridgestone/Firestone Inc
North America
Cooper
Luzerne
Mio
Mich
Rocky Mount
N.C
Oliver Rubber
Dallas
State Department Tightens Security Measures and Lapses Scrutinized
State Department officials led by James Tromatter urge tighter handling of classified material with shredders restricting slices to 1/32 by 1/2 inch and powder disposal options. Safes must weigh 500 pounds or more, as security lapses prompt congressional concern following past incidents including a spy operation and a missing laptop with highly classified arms proliferation data.
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Washington
State Department
James Tromatter
Tromatter
State
Madeleine Albright
Ini Congress
Bureau of Intelligence and Research
USS
Capitol Hill
Department
House International Relations Committee
Benjamin Gilman
California mine cleanup pact reaches funding and scope
Sacramento announces a settlement to spend over 800 million dollars to treat 95 percent of toxins from the Iron Mountain Mine near Redding before reaching the Sacramento River. EPA officials note the site dumped vast toxic metals into the river in past winters and will require perpetual treatment.
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Sacramento
Calif
Iron Mountain
Aventis Crop Sciences'usa Inc
Sacramento River
Felicia Marcus
Environmental Protection Agency
Redding
Tom Bloomfield
EPA
Winston Hickox
California
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