Greenspan rumor denied by Federal Reserve chair
The Federal Reserve dismissed rumors that Chairman Alan Greenspan suffered a heart attack. A Fed spokeswoman said there is no truth to the reports and that Greenspan, who turned 78, is fine. Trading moved lower later that morning, driven more by a weak Midwest manufacturing report than the rumor. Greenspan had missed remarks last Friday due to a cold but continued working from home.
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Washington
Federal Reserve
Alan Greenspan
Michelle Smith
Greenspan
United States
Wall Street
Midwest
Brian Pears
Victory Capital Management
Cleveland
Degussa expansion hinges on Elyria zoning vote
Degussa Initiators seeks a $3.5 million upgrade at its Elyria plant to shift from batch to continuous production, enhance safety and capacity, and support competitiveness. The project is contingent on a zoning variance approved by Elyria City Council after Planning Commission denied it in March.
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Elyria
Degussa Initiators LLC
Degussa
Aztec Peroxides LLC
Michael Barreca
City Planning Commission
Commission
Bill Grace
Planning Commission
Bonnie Ivancic
Charlene Gersak
D-1st Ward
Gersak
Reca
Barreca
Ford Escape sales rise on pace to beat prior year
Ford Motor Co. aims to exceed last year’s Escape record as sales for the first two months run about 11 percent higher than the same period in 2004. Production at Ohio Assembly in Avon Lake began July 2003 with a planned 30,009 escapes to be built this year.
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Ford Motor Co
George Pipas
Ford
Pipas
Ohio Assembly
Avon Lake
Rich Woytowich
Mike Wall
CSM Worldwide
Grand Rapids
Mich
Wall
Marci Burn
Dow Bexsees
Oeery
Nyse Composte Asa
Amex Eerie
Aeacan
RSS
TetSutel
BestBuy
Reece
Mere Laateee
Kane Lest
LAM Gsc
Ames
Nchmsdink
Erte
OM Tech
Falcon
Mere Ag
Peer
Maree Wol
Gsco
LowesCos NY
Cearged
MiSouce
Nordson Nas
Anita -di
Bae
Wenys Ny
Engels
al Amecen Furs
Bal Arenca
FICO
FadeRy Knvest
Asia
Amencan
AE Ridesy Invest
Asrecran Fonds
Srrest
Petre
Credit unions merge to form new institution
Lorain based Health Associates Credit Union merges with Elyria based CommStar Credit Union to form CommStar Credit Union. The new entity will serve 270 additional members and operate from 5609 W Erie Ave Lorain as CommStar Credit Union Health Associates Campus, with offices in Elyria and Lorain accepting members from both former credit unions.
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Lorain
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