Companies face hard choices when products misbehave
New York consumers and producers grapple with liability and costs as entering lawsuits and insurance limits push firms to remove or redesign risky products. Searle halted CU-7 and Tatumt IUDs amid mounting legal bills and few insurers, while experts note a shift toward producer accountability and tougher ethics in product safety and recall decisions.
MENTIONED IN THIS ARTICLE
New York
G.D. Searle & Co
Searle
United States
Braid
Kenneth Goodpaster
Harvard Business School
Claybrook
Johnson & Johnson
Capon
Bank of New England Guilty In Large Cash Transaction Case
Bank of New England found guilty on 31 counts for withholding information about large cash transactions totaling 817 200 by a convicted gambler James V McDonough declared innocent of aiding and abetting the bank Jury verdict on related misdemeanors for two former tellers still pending Sentencing set for March 31 The case cites money laundering law violations and IRS reporting failures by tellers Patricia A Murphy and Carol A Orlandella The impulse to protect a favored customer and the bank's assets of 14 billion are noted along with future hearings and separate notices about a micro computer fair in Hagerstown scheduled for Feb 18.
MENTIONED IN THIS ARTICLE
Boston
Bank of the New England
James V. McDonough
U.S. District Court
Aya Zobel
John J.E. Markham
Tana
Bank of Boston
Patricia A. Murphy
Winthrop
Carol A. Orlandella
Revere
Commodity Market Roundup Mixed Gold Decline and Oil Rise
Gold futures pared early gains to close lower on the Chicago Mercantile Exchange with February at 34.70. Crude oil futures dipped to a low of 14.50 on NYMEX before finishing higher at 15.12 for March. Heating oil and gasoline moved varied, livestock and grain prices showed mixed moves across Chicago markets including wheat at 3.25 a bushel and soybeans around 5.21. Delmarva Poultry Market held steady to firm while Philadelphia egg and produce markets showed uneven demand and prices.
MENTIONED IN THIS ARTICLE
Chicago Mercantile Exchange
New York Mercantile Exchange
Chicago Board of Trade
Philadelphia
USDA
Delmarva
U.S
Texas
Calif
Canada
Maryland sells bonds at low rate amid strong economy
Maryland sold 124.6 million dollars in 15 year bonds at just under 6.5 percent the lowest rate since 1980. Governor Harry Hughes cited the favorable rate as evidence that the financial community views Maryland as healthy and strong. Chase Manhattan led the winning syndicate with First National Bank of Maryland. two other bids were from First Boston Corp. and Salomon Brothers Inc. Funds will support public schools, community college construction, local jails and water quality projects.
MENTIONED IN THIS ARTICLE
Annapolis
Maryland
Harry Hughes
Chase Manhattan Bank
First National Bank of Maryland
First Boston Corp
Salomon Brothers Inc
New York
Chase Manhattan
Maryland Savings Share Insurance Corp
William
James
Frederick News-Post: We’ve Got Frederick Written All Over Us
Local paper builds a portrait of Frederick through community events and everyday scenes. Readers share notices and snapshots showing the town’s character in words and pictures.
MENTIONED IN THIS ARTICLE
Frederick
Also Mentioned on This Page
Mark Brand
Monsanto Co
American Academy of Pediatrics
William McCormick
Wiremanne Pood
Michael Prett
Baltimore
Prett & Schuitheis
Wyers
Joan Claybrook
Public Citizen
Lime Ytresse Rater
Consumer Product Safety Commission
Bank of New England
Associated Press
Internal Revenue Service
Data Processing Management Associaton
Cumberland Valley
Ramada Inn Convention Center
Hagerstown ii
Garland Gordon
General Cable Co
Fort Joeronan
Westminster, Cole
Gordon
Suverviesr
Nlant
Hebee Law -1
Delmarva Poultry
The
IRS
Travel Consultants
Hawaii
St. Thomas
St. John
Nassau
Freeport
Jamaica
Cancun
Cozumel
Acapulco
Etmanes
Travel Consultants, Inc
Monocacy Village
N. Court ST
East ST
Legg Mason
Luciani
Watt Bert
Cash Reserve Trust
Sheraton
Ian Frederick
Wednee Tosey
Legg Mason Wood Walker, Inc
Patrick Street
Issoriated Press
Hughes
Russ Thompson
W. Patrick St
Matignwign Monual Incurance Co
Colmbus, Obie
Dick Kessler
Fer Fortier Kalematics
Choice
MasterCard
American Express
Federal Savings Bank OF Maryland
Money Fund
Thomas Johnson
Weins Market
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