LNB Bancorp posts lower first quarter income in 2006
LNB Bancorp Inc reports net income of 1.45 million for the quarter ending March 31 2006 or 22 cents a share versus 1.6 million or 24 cents in the prior year. The quarter includes 317000 gains from asset sales. President Daniel S Kilmas notes strong deposits and expense control with revenue below expectations and anticipates higher second half performance.
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Elyria to Welcome Family Video Ice Cream Center
Downtown Elyria progresses on a $1 million shopping center posting a 5,000 square foot Family Video store and two 1,200 square foot rental spaces amid site cleanup at Broad and Cedar. Twist-N-Shake and Chubby's Pub face changes as demolition plans begin, with no timetable for the pub closure.
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Elyria
Cleveland Street
Lorne Elbert
Twist-N-Shake
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Broad and
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Twist-N-Strake
Boeing Nears Settlement Over Hiring Probe and Rival Docs
Boeing Co faces a potential settlement with federal prosecutors over alleged illegal hiring of an Air Force official and use of a rival's proprietary documents in a competition. The talks target a payment between 500 million and 360 million, with civil attorneys seeking about 750 million, according to anonymous sources familiar with the negotiations.
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Boeing Co
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Email scams evolve as fraud rises nationwide
A front wire report notes Nigeria style scams persist yet fraud complaints to the FTC climbed to nearly 687000 last year, with losses over 682 million dollars. Spokeswoman Claudia Bourne Farrell cites unclear trends in reporting versus real increases.
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Lay defends statements in Enron fraud trial
Kenneth Lay told jurors he believed his public remarks in late 2000 and 2001 were made in good faith based on his knowledge at the time. He disputed government claims that he misled investors about a 1 billion dollar loss and emphasized outside auditor clearance and no concealment in a October 2001 conference call.
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Microsoft pulls back veil on IE 7 reveals key features
The Washington Post reports Microsoft previews Internet Explorer 7 amid security criticism and shifting browser shares. It details new defenses against phishing and rogue sites, enhanced search options, tabbed browsing with Quick Tabs, RSS detection, and page magnification features.
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