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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jan 11, 2005
Page
7
Market watch for January 10 2005 reports NYSE and Nasdaq diaries. NYSE advanced 2066 new highs 1238 declines 0 unchange 145 volume 1.87 billion. Nasdaq advanced 1707 new highs 1411 declines 0 unchange 147 volume 2.08 billion.
A family owned and operated restaurant, A-1 Pizza & Grill, opens at 2 East Ave in Monroe next to AmeriStop. It offers dine in, take out and delivery to Monroe and Middletown with lunch specials, burgers, fries, subs, onion rings, wings and pizzas. Call (513) 539-3333 for orders.
Honda announced it will produce the CR-V at its East Liberty, Ohio plant starting in 2006. The decision follows previous statements that theCR-V could be made at East Liberty or Marysville. Honda also plans to begin producing a new Acura SUV at Marysville in 2006.
Alltel Corp announces a cash and stock deal to buy Western Wireless Corp for 4.4 billion, pushing Alltel toward the ranks of the nation’s top wireless providers. The merger shifts Cellular One branding to Alltel and expands service into western and midwestern states contiguous to Alltel’s current South and West footprint.
Albany report: State Farm Mutual Insurance Co. reaches a 40 million dollar nationwide settlement over vehicle title handling for cars totaled in accidents. About 30,000 consumers may receive 400 to 10000 dollars based on vehicle value, with most payments between 800 and 1850 dollars. Indiana opted out. case began after internal review questioned proper titling of damaged or stolen vehicles.
NIH researchers have collected millions in royalties from experimental treatments developed with government funds, while patients in trials were not told of researchers financial stakes. The NIH only began disclosing such ties last week after an AP FOIA request, prompting criticism that patients lacked essential information for informed consent.
Government researchers at NIH collected millions in royalties for drugs and inventions they developed while working for the federal government. About 916 current and former NIH inventors received royalties, with some earning the annual maximum of 150000. The NIH says funds support further research, but ethics concerns arise as patients tested the inventions they helped create.
Kathy Vrabeck, Activision Publishing president, promotes and develops child friendly games like Doom 3 and Call of Duty but weighs ratings for her seven year old. ESRB data shows 57 percent of 2003 games were E rated, with 46 percent of 2004 sales from E titles and M and T comprising 54 percent.
General Motors plans further reductions in its U.S. payroll in 2005 as part of ongoing cost cutting. Through 2004’s third quarter the hourly staff fell about 6 percent and salaried staff declined 5 percent, largely via attrition and retirements.
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