GM recalls nearly 1.5 million vehicles in North America
GM announced recalls totaling 1,496,056 vehicles from 2002 to 2005 across the Chevrolet TrailBlazer GMC Envoy Oldsmobile Bravada Buick Rainier Chevrolet Cavalier Pontiac Sunfire Malibu Grand Am Alero Cadillac XLR and Chevrolet Corvette. Issues include tail lamp and turn signal malfunctions accelerator sticking brake fluid leakage and related field investigations. Repairs will be free via GM dealers after notification by mail.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
North America
Alan Adler
National Highway Traffic Safety Administration
Adler
Cincinnati Bell Plans Up To 400 Job Cuts In Restructuring
Cincinnati Bell will eliminate up to 400 positions over the next two years in call centers, service and management through early retirement, attrition and layoffs. CEO Jack Cassidy said the restructuring, costing about 40 million dollars, aims to save up to 25 million annually, with half the cuts in 2005 and the rest in 2006. The move comes as earnings for the third quarter rose to 18 million dollars, two cents above expectations, on 308 million dollars in revenue.
MENTIONED IN THIS ARTICLE
Cincinnati
Cincinnati Bell Inc
Jack Cassidy
Cincinnati Bell
Thomson First Call
Telecommunications
Ohio
Kentucky
Indiana
Merck faces huge financial fallout from Vioxx suits
Merck & Co faces hundreds of lawsuits over Vioxx side effects after pulling the drug in September for increasing heart attack and stroke risks. Analysts warn of immense legal costs and a potential credit downgrade, with initial trials and consolidations shaping expectations for future settlements.
MENTIONED IN THIS ARTICLE
New York
Merck & Co
Wall Street
Merck
Standard & Poor’s Corp
Richard Evans
Stanford C. Bernstein Research
Vioxx
Alabama
Atlantic City casino workers return to jobs after strike
Thousands of cocktail waitresses, housekeepers, bellhops and other staff resumed work Thursday after a monthlong strike across seven of Atlantic City’s twelve casinos. The pact with Local 54 of the Hotel Employees and Restaurant Employees seals a five year deal with a 28 percent total pay raise and health insurance obligations.
MENTIONED IN THIS ARTICLE
Atlantic City
N.J
Harrah's
Showboat Casino Hotel
Resorts Atlantic City
Caesars
Atlantic City Hotel
Bally’s
Atlantic City Hilton
Tropicana Casino and Resort
Huntington Faces New Probe Delays Unizan Merger Plan
Huntington Bancshares announces ongoing federal probes by the Fed and OCC, with an SEC inquiry already in place. The bank plans supervisory agreements to fix financial reporting and accounting issues, putting its $31 billion merger with Unizan Financial on hold and seeking a one year extension before resubmitting the acquisition. Chairman Thomas E. Hoaglin frames the delay as necessary to resolve regulatory concerns while both firms remain committed to the deal.
MENTIONED IN THIS ARTICLE
Columbus
Huntington Bancshares Inc
Securities and Exchange Commission
Federal Reserve
Office of the Comptroller of the Currency
Huntington
Unizan Financial Corp
Unizan
Thomas E. Hoaglin
Calif firm wins BioShield contract for anthrax vaccine
Washington says 75 million doses worth 877.5 million will be bought under Project BioShield to stockpile antidotes. VaxGen Inc. must deliver 25 million doses within two years and the rest over three years, beginning by 2006. FDA licensing and safety testing are pending.
MENTIONED IN THIS ARTICLE
Washington
VaxGen Inc
Lance K. Gordon
U.S
VaxGen
Health and Human Services
Tommy Thompson
Thompson
America
Bush
Project BioShield
Brisbane
Calif
HHS
Food and Drug Administration
FDA
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Dow Jones
THE
Associated Press
David Moskowitz
Friedman, Billings, Ramsey
Mer
William Cook
Judicial Panel
Washington D.C
Cook
Andy Birchfield
Fordham University Law
Benjamin Zipursky
Alaska
Hawaii
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LexisNexis CourtLink
Feds
By Dreptra Henderson
Mioney
Allstate Bank
Gary Hicks
Allstate.com
Allstate
TrizecPr
Tycoint
UtdMicro
US Banero
Usstee
UtdhithGp
UnumProv
ValeroEs
Material Science
Meadwestvaco
Nera Motors
Ower
NASDA
Stone Oak Hill
Ohio Casualty
Nyse ForestLab
Fox Ent
AMR
At&t
Genentchs
AbtLab
GenElec
AMD
Agere
Gillette
Alcoa
Goldmans
Altria
HCA Inc
AmExp
Hallibin
HealthNet
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Anthem
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Honclint
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IBM
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Kinross G
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BellSouth
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BestBuy
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BrMySq
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Limited
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Newscpa Wi
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PepsiCo
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Rouse
SBC Com
St Paul Trav
Sara Lee
Scherg Pi
Schimb
Schwab
Sears
SierrPac
Selectra
SwstAir
Spratfon
TaiwSemi
VerizonCm
Viacomb
Wachovia
WalMart
WinsCos
WellsFrgo
Wyeth
Xerox
Op&l
NCR P&g
Pactiv Rex Stores
Temple
Inland
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Worthington Xerox Corp
McCabe
Amy King
Snea ™ Eslc Y Ak Alter
Middletow
Middletown Journal
MiddletownJournal.com
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