Lorain County loses workers to outside counties daily
Lorain County residents commute out for work about 44,000 daily, with 19,185 inbound workers in 2000, creating a net loss of 24,894. Local leaders view commuting as a regional reality and stress building the local economy to attract Cleveland residents.
MENTIONED IN THIS ARTICLE
Elyria
Lorain County
Ohio Bureau of Labor Market Information
Frank DeTillio
Cleveland
DeTillio
Lorain
Craig Folrin
Foltin
Follin
Mark Schaff
Labor Market Analysis Bureau of Labor Market Information Office
Ohio
Schaff
Verizon talks continue past strike deadline
Nearly 80,000 Verizon workers stayed on the job as three year contract expired. Talks mediated by a federal official continued amid concerns over job security health care costs and potential layoffs. Union leaders cited unresolved issues and the company argued for cost cuts and greater flexibility in a changing telecom environment.
MENTIONED IN THIS ARTICLE
Washington
Verizon Telephone
Jeff Miller
Communications Workers of America
International Brotherhood of Electrical Workers
Verizon
Eric Rabe
Rabe
CWA
Candice Johnson
New York State
Pennsylvania
New Jersey
Massachusetts
New Technologies
New York
mid-Atlantic
Invacare CEO Featured in MX Magazine Cover Story
Malachi Maxon II chairman and CEO of Invacare Corp. is featured in MX magazine’s July/August cover story. The interview covers home medical equipment industry growth drivers Medicare reimbursement issues and the company’s growth strategy and targets. MX, formerly Medical Device Executive, is published by Canon Communications for medical technology executives. Ironcare Corp. is described as a global leader in home medical products distribution through more than 25,000 providers.
MENTIONED IN THIS ARTICLE
Elyria
A. Malachi Maxon II
Invacare Corp
MX Magazine
Mixon
Medical Device Executive
Canon Communications
Ironcare Corp
Prime Design becomes Prime Industries in Lorain rebrand
Prime Design in Lorain is renamed Prime Industries as new owners Joe and Richard Persico buy the company on June 18 to keep manufacturing in Lorain. The deal, aided by the Lorain Development Corp and city officials, preserves 30 local jobs, restructures debt, updates utilities, and expands marketing across 40 markets with about 650 customers worldwide.
MENTIONED IN THIS ARTICLE
Lorain
Prime Design Inc
Joe Persico
Prime Industries
Persico
Richard
Ment Group
Prime Design
Prime
Lorain Development Corp
Iowa Street
Craig Foltin
Stocks Slip Then Rebound On Wall Street In Volatile Start
Wall Street opened the week indecisively with mixed closes after a late-day rebound from steep early losses. The Dow rose 32.07 to 9186.04, the Nasdaq fell 1.56 to 1714.06, and the S&P 600 advanced 2.67 to 982.82 as investors awaited economic data and summer trading.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Peter Cardillo
Global Partner Securities Inc
Wall
Dow
Standard & Poor
S&p
Cardillo
Chris Johnson
Quantitative
Dollar mixed as European trade trims gold losses
The dollar drifted with mixed results against major currencies in Europe as gold prices weakened. The euro traded around $1.1338 to $1.1343 in late European and New York sessions, while the pound hovered near $1.6030 to $1.6111. Gold closed in London at $349.20 and in Zurich at $348.98, with Hong Kong prices at $349.45. Stock market breadth showed more decliners than advancers amid light volume on the NYSE.
MENTIONED IN THIS ARTICLE
London
New York
Europe
Zurich
Hong Kong
Also Mentioned on This Page
Adrian Burns
Chronicle-Telegram
Abums
Chronicletelegram
ED Betzel
Chronicle
Invacare
In Magazine
AK Steel Corp
Middletown
AK Steel
Duck Brand
Fonicle Brothers
Richard Persico
Joseph Persico
Prime Industries Inc
Schaeffer
Cincinnati
Commerce Department
US. Steel
Ann Taylor
Wachovia Securities
Knight Ridder
UBS Warburg
Monsanto
Banc of America Securities
New York, Stock Exchange