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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Aug 14, 2001

Page

11

Firestone tire defect case opens in McAllen trial

In the first tire defect trial against Bridgestone/Firestone, a lawyer claims the company knew tires were defective after a 2000 rollover that injured Dr. Joel Rodriguez, his wife Marisa, and two others. The Rodriguez family seeks up to 1 billion dollars. Evidence will address tread separation and Ford Explorer safety, with Firestone denying liability and blaming Ford. The trial in federal court is expected to last two weeks.

Mcallen Texas Bridgestone/Firestone Joel Rodriguez Marisa Mexico Marisa Rodriguez Tab Turner Bridgestone/ Firestone Bridgestone Firestone U.S Ford Motor Co Ricar Do Garcia Garcia Knox Nunnally Rodriguezes Nunnally Ford Jill Bratina Rodriguez Filemon Vela

Elvis merchandise in Graceland area shops shows wide price range

Memphis Elvis memorabilia offers items from 39-cent postcards to $12,000 Gibson guitars near Graceland. EPE controls licensed goods, banning certain keepsakes. Independent shops like Memories of Elvis and Loose Ends face lease futures as 25th death anniversary nears. Fans travel, buy umbrellas and shirts while debating price ethics.

Memphis Tenn Elvis Graceland Elvis Presley Enterprises EPE Center For the Study of Southern Culture University of Mississippi Fats Todd Morgan Danny Hiltenbrand Carol Light Graceland Crossing Hiltenbrand Light Illinois Darla Gennett DuBois Gennett

Wachovia and First Union Win Federal Merger Approval

The Federal Reserve approves Wachovia Corp and First Union Corp merger valued at 14.6 billion dollars creating the fourth largest U.S. bank. The Charlotte based banks will unite as Wachovia Corp with about 328.6 billion dollars in assets, 19 million customers, and 90,000 employees. The deal aims to trim 7,000 jobs and close about 325 branches over time. SunTrust had bid unsuccessfully and opposed the merger.

Washington Federal Reserve Wachovia Corp First Union Corp Southern Bank Loans Fed Board of Governors First Union Wachovia North Carolina SunTrust Banks Inc Charlotte Sun- Trust U.S SunTrust

Part of Jeep factory to be torn down in Toledo

Daimler Chrysler confirms part of the Toledo Jeep Parkway complex will be razed starting in the fall, while Jeep Wrangler production continues at the nearby Toledo North Assembly Plant. Nine of 54 buildings used for Cherokees, phased out in June, will be demolished with costs undetermined.

Toledo Jeep Trevor Hale Daimler- Chrysler Jeep Parkway Hale The Blade Toledo Jeep Chrysler Toledo North Assembly Carty Finkbeiner Jim Hall AutoPacific, Inc Tustin Calif Hall

Tech stocks rise on Goldman upgrade amid choppy tech rally

Tech shares gained after Goldman Sachs upgraded semiconductors, offsetting a six day Nasdaq slide while blue chips barely moved. Dow and S P indices edged mixed as investors awaited clearer signs of economic stability and firmer profits.

Goldman Sachs New York Wall Street Dow

Dollar Mixed as European Trading Ticks Down Gold Prices

The dollar was mixed against major currencies in Europe with the euro at 0.9832 after lifting from 0.8951 earlier and gold falling to 274.60 in London. Other quotes showed yen near 122.33, Swiss francs at 1.6857, Canadian dollars at 1.5382, and the pound around 1.4214. European stocks rose, with Germany’s DAX up 0.7 percent, FTSE 100 near flat, and CAC-40 gaining 1.5 percent.

Wall Street Jon Brorson Equities Northern Trust New York Stock Exchange Japan Europe London New York Zurich

Also Mentioned on This Page

Elvis Presley Las Vegas Standard & Poor Tion Barry Hyman Ehrenkrantz King Nussbaum Intel Cisco Systems Ciena UBS Warburg Citigroup Wal-Mart Johnson & Johnson Germany Britain France
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