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Middletown Journal in Middletown, Ohio

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Newspaper

Middletown Journal

Location

Middletown, Ohio, United States of America

Date

Oct 06, 2004

Page

7

Supreme Court weighs cap on auto loan damages

A Virginia man seeks more than $1,000 in damages under the Truth in Lending Act after a car dealership allegedly used bait and switch tactics. The case from Koons Buick Pontiac GMC Inc involves Bradley Nigh and a 1997 Chevrolet Blazer. The jury awarded $24,192.80, and justices questioned whether the cap applies to such loans and how Congress intended the Act to be read.

Washington Virginia Supreme Court Congress Bradley Nigh Alexandria Koons Buick Pontiac Gmc Inc Nigh Phe-Pairfax Antonin Scalia A. Hugo Blankingship

FTC clears Coors Molson merger to form Molson Coors

The FTC cleared the merger of Adolph Coors Co and Molson Inc sending the deal to shareholders. If approved the two family breweries would become the third largest beer maker in North America and operate as Molson Coors Brewing Co marketing Coors Original and Coors Light alongside Molson Canadian Keystone and Carling.

Washington Adolph Coors Co Canada Molson Inc North America Federal Trade Commission FTC Mitch Katz Molson Coors Brewing Co Coors Original Coors Light Molson Canadian Keystone Carling

AK Steel Sees Stronger-Than-Expected Q3 Results

AK Steel Corp projects a better third quarter driven by a booming overseas market and higher operating profit per ton. Alan McCoy cites China’s demand as fueling activity and anticipates shipments of 1.542 million tons with about 61 dollars per ton in operating profit. CEO James L. Wainscott notes a continuing recovery as stock trades near two-year highs.

AK Steel Corp Alan McCoy China McCoy AK Steel Middletown James L. Wainscott

Target prepares Fairfield Township opening with new district

Target's Fairfield Township store opens amid a $70 million Bridgewater Falls development with a 12 screen theater and 35 to 45 retailers. George Saunders touts strong community reception during a VIP night, noting 180 jobs and a redesigned layout with a Mom and Baby Shop. The store offers Starbucks and expanded entertainment, aiming for quick shopping with front-store essentials.

Fairfield Bridgewater Falls Fairfield Township Target George Saunders V.I.G Pizza Hut Express Starbucks Saunders West Chester Township Voice of America Aimee Sands Sands Area Boards of Education Target.com Cox News Service Candice Brooks

Greenspan: U S banking system vibrant and strong

Washington Reuters reports Federal Reserve Chairman Alan Greenspan told the American Bankers Association that despite a recession and major corporate bankruptcies the U S banking system is vibrant profitable and healthy. He credited bankers management and regulators for navigating changes. The remarks avoided economy or rate path details. The piece notes recent Fed rate moves and upcoming employment data ahead of elections.

Washington U.S Federal Reserve Alan Greenspan Fed American Bankers Association New York United States Greenspan

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