Westinghouse to lay off workers in Md. Pa.
Westinghouse Electric Corp plans about 4000 layoffs to trim costs after a 1.48 billion third quarter loss driven by real estate prices. The cuts affect roughly 17,000 Maryland employees and are part of a broader strategy to raise cash, streamline operations, and adjust staffing by year end.
MENTIONED IN THIS ARTICLE
Westinghouse
Pittsburgh
Westinghouse Electric Corp
Maryland
Peter Pennsylvania
Maryand
Electronic Systems Group
Linthicum
Annapolis
Wjz-Tv
Channel 13
Baltimore
Financial Services
Lego
Meciniy
Economy Recovery Seen Slow and Uneven Says Bush Meeting
Washington AP reports top U S business leaders told President Bush the economic rebound is slow and uneven. Ten corporate leaders met with Bush at the White House as some urged deeper rate cuts while others saw no recovery in their firms. The session spanned 14 hours, with leaders describing a cautious outlook and slower profits across industries.
MENTIONED IN THIS ARTICLE
Washington
U.S
Bush
White House
Ing
Marlin Fitzwater
John A. Georges
International Paper
Mr. Georges
Formstone restoration at Thurmont Town and Country Liquor Store
John Walter of J D Walter Inc restores the 1945 built Town and Country Liquor Store at 34 Water St Thurmont using formstone and stucco. The project aims to match original work, preserving the facade while updating the entrance and retaining the drive through service.
MENTIONED IN THIS ARTICLE
Edwin Gene Wayant
Towne and Country Liquors
Thurmont
John Walter
J.D. Walter Inc
Mr. Walter
Water St
John Wail
Walter
Dividend Noland Declares Fourth Quarter Dividend
Dividend Noland has declared a fourth quarter dividend of tiis Colbie Pei aueré payable October 24 to shareholders of record October 15.
MENTIONED IN THIS ARTICLE
Noland
Tiis Colbie Pei Aueré
Merger of C S Sovran NCNB sparks critics and praise
Critics warn the NationsBank merger could create a national powerhouse that reduces competition and limits loans to low income neighborhoods. NCNB Chairman Hugh L McColl Jr defends the plan as a community benefit, while public hearings spread across Atlanta Charlotte and Dallas. A separate note promotes National Physical Therapy Week with an open house at Frederick Memorial Hospital.
MENTIONED IN THIS ARTICLE
Ncnb Corp
Hugh L. McColl Jr
Charlotte
N.C
C&s-Sovran Corp
Atlanta
Norfolk, Va
NationsBank
McColl
Federal Reserve Board
U.S
NCNB
C&s-Sovran
Fed
Mr. McColl
Don Martin
Concentra
Martin
Association of Community Organizations For Reform
ACORN
Dallas
Rehabilitation Department
Frederick Memorial Hospital
Also Mentioned on This Page
Paul E. Lego
Mr. Lego
Ronald E. Hart
Mr. Hart
Tuio
Ana Stone Re
Tote
Ed Waters Jr
Beverly B. Byron
Connie Morella
Consumers Union
Senate
Barbara Mikulski
Paul Sarbanes
Emmitsburg
Frederick County
Pennsylvania
Maryland Business Products, Inc
Sharp
Murata
Copystar
Eastgate Center
Ronica Tokar
Ofte Towne
Ell Equity Loans
Ver
General Mortgage Company
Supida
Rockville
Marcy Prester
Rockwile Pike
Surte
Masel
Woodshore Savings Bank
N. Main ST
Om C.D
Woodsboro
FDIC
Columbia
Virginia
Frederick
Rosemont Avenue
Columbia First Bank
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