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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Apr 02, 2008

Page

4

CEOs grilled on oil profits and tax breaks

The Associated Press reports lawmakers pressed oil executives on profits and tax breaks. The discussion considered redirecting funds toward renewable fuels and broader energy policy.

Settlement proposed in tainted pet food lawsuits

A year after tainted pet food caused pet deaths across the US and Canada, a proposed settlement in principle would resolve more than 100 class actions. Lawsuits target Menu Foods and others over vet bills burial costs and food recalls.

Camden N.J United States Canada U.S. District Court Sherrie R. Lavett U.S Noel L. Hillman Menu Foods Inc Amy W. Schulman Menu Foods Las Vegas Schulman Lavett

Treasury blueprint aims to reshape financial regulation agency system

The 218 page plan by Treasury Secretary Henry Paulson proposes three new super agencies to oversee the financial industry and abolish overlapping rules. It comes as the clock winds down with President Bush nearing the end of his term, while pressure to act grows amid recent crisis driven worries.

Congress Bush Treasury Henry Paulson

Construction Spending Drops as Manufacturing Slumps

The Institute for Supply Management reports March manufacturing contracted for a second month with an index of 48.6, while the Commerce Department notes February construction spending fell 0.3 percent as home building and nonresidential activity declined, with government projects the sole bright spot. Economist Gary R. Thayer says the data reinforce a likely recession.

New York U.S Institute For Supply Management Institute Washington Commerce Department Gary R. Thayer Wachovia Securities

Wall Street Rallies as Credit Crisis Eases in 2Q Start

New York stocks jumped on Tuesday with the Dow up about 400 points and major indexes rising over 3 percent as investors bet the worst of the credit crisis is over. Financial shares led gains after Lehman Brothers and UBS issued new shares. Columbus fraud case: investment adviser Mark Lay agrees to pay 5 million to settle the civil suit with Ohio Bureau of Workers' Compensation, while not admitting wrongdoing.

Wall Street Enron Congress New York Lehman Brothers Holdings Inc Switzerland UBS AG Columbus Ohio Bureau of Workers’ Compensation Mark Lay MDL Capital Management Pittsburgh Percy Squire Sail Dain Ma Dow Industriais Wa Dow Utes Dow Transportation NYSE Amnex S&p CSK Auto Ug FannieMae CnStap Lenmann CabelTelh TriMas EnterMida NovaBayn PwShs SP Frei Microsoft Micront Cisco Altrias Asrear As Inc Jpmorgch DJA Diam EkotAm ApiiMat PromiFin NY Oo Ee NY CrtryTel Northropg NY ParkHans NY Diebold Prushs&p Amex Sherwin Smucker NY SP Friel JP MorgCh NY Wells Fargo Wendys NYMX Chicago Board of Cme Exchange NYBT Eurpacgra Mfb Growamera m LG Incamera m MA Invcoama m LV Davis Nyventa m American Wamutinva m Dodge & Cox intiStk Hin Fidelity GrowCo Fidelity LowPriStk femp-Franklin PIMCO Vanguard Vanguard Wellin Sebsenan Bofaom

National City reviews options amid housing market pressure

National City Corp. said it is reviewing options as mortgage market weakness hurts results. Goldman Sachs has been hired to explore strategic alternatives. The Cleveland bank did not confirm any buyer interest or specify which options are under consideration.

Cleveland National City Corp Goldman Sachs National City

Also Mentioned on This Page

H. Josef Hebert Associated Press Peter Robertson Chevron John Lowe ConocoPhillips Robert Malone BP America Capitol Hill Emilie Lounsberry The Philadelphia Inquirer Department of Commerce At Asond Ohio BWC the Market IN Review Dany Dow Jones
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