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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 21, 2005
Page
8
President Bush defended the bankruptcy reform as restoring integrity to the process while asserting it will push many debtors toward repayment plans. The measure, taking effect in six months, limits full discharge and ties relief to income and state median levels, drawing praise from banks and criticism from advocates for low income and vulnerable groups.
Indy 500 and Daytona 500 champ Mario Andretti 64 purchases Liberty Chrysler Dodge & Jeep in Vermilion. He says he sought the automotive business after leaving the cockpit and who owned his first car lot in Cleveland area a year after retirement in 1994.
New York stock exchange announces a merger with Archipelago Holdings Inc creating a for profit, publicly traded entity. The move aims to blend fast electronic trading with traditional floor operation to compete with Nasdaq and global rivals. CEO John Thain endorses the plan as essential for leadership.
The Associated Press reports Americans faced higher costs for gasoline, clothes, airline tickets, and more while wages, even after inflation adjustment, fell for the second straight month. Senator Reed warns wages aren’t keeping up with rising prices as Bush urges Congress to back an energy plan to boost domestic supplies, though relief may not arrive before summer driving season.
Akron-Canton Airport reports 3 percent more customers in the first quarter with 317000 passengers vs 290000 a year earlier. Officials credit additional flights and larger planes for the gain amid staff reports.
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