Avon Lake Ford Escape deal stalls as state lags
Avon Lake mayor warns Ohio officials have not moved swiftly to assemble an incentive package to lure Ford Motor Co to build a gasoline electric Escape at the Ohio Assembly Plant. Missouri Gov Holden plans a visit, while Ford seeks to finalize the regular Escape deal before considering the hybrid. State officials say work has begun but is slow, with negotiations tied to protecting 2,000 jobs and a $140 million plant investment.
MENTIONED IN THIS ARTICLE
Avon Lake
Rob Berner
Ford Motor Co
Ohio
Missouri
Bob Holden
Ford
Canouie
Dearborn
Della DiPietro
Holden
Chad Munitz
Jeffry Armbruster
North Ridgeville
Armbruster
DiPietro
Berner
Kansas City
Munitz
Butag
Lee Tuture
Sheffield Lake
Sheffield
Ohio Assembly
Excess lawn and garden unit to close Elyria plant
Ames True Temper will close its Elyria facility by year end due to excess production capacity in lawn and garden products. All 124 workers will lose jobs, though some may relocate. The plant makes hose reels and plastic accessories, part of a broader consolidation after mergers and rising imports.
MENTIONED IN THIS ARTICLE
Elyria
Ames True Temper
Duane Greenly
Ames
True Temper
Greenly
Camp Hill
Greeny
Ames Store Closings Stir Local Development Plans Nearby
Pittsfield Township developers distance themselves from the soon to close Ames store in Oberlin as they push for a 400,000 square foot retail complex. Kenneth Young of Hannan Realty predicts the 46078 U.S. Route 20 location will shutter, with more than 100 local jobs lost in about nine weeks. Oberlin leaders question the project due to sewer boundary concerns and the nearby Oberlin Reserve subdivision.
MENTIONED IN THIS ARTICLE
Pittsfield Twp
Solon
Oberlin
Ames
Kenneth Young
Hannan Realty
U.S. Route 20
Young
Cleveland St
Elyria
Wal-Mart
Target
Hills Stores Co
Gott
Pittsfield
James McConnell
McConnell
Oberlin Reserve
Darryl Norris
Ohio Environmental Protection Agency
Pittsfield Township
Northeast Ohio
Lou DeVecchia
Oberlin Land Co
Canfield
Young’s
DeVecchio
Robert DiSpirito
DiSpirito
GM recalls vehicles over air bag problems in two campaigns
GM recalled about 720000 vehicles for air bag issues. 570000 2000 pickups and SUVs including Silverado Sierra Tahoe Suburban Yukon models built Feb 1999 to Feb 2000 may have air bags that fail in frontal crashes. 150000 2002 2003 Buick Cadillac Chevrolet GMC Oldsmobile Pontiac cars and vans built May to July 2002 may have driver side inflator parts that break and injure occupants or fail to inflate. no crashes reported. Repairs at no cost.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
GMC
Buick
Cadillac
Chevrolet
Oldsmobile
Pontiac
Optimistic investors lift stocks to near 9000 mark
Investors cling to optimism as retail earnings beat and a smaller than expected drop in a key gauge boost confidence. The Dow rises about 212 points to 8,990.79, marking a 2.4 percent gain and the third straight weekly advance for the three major indexes. Light trading helps push prices higher amid a favorable mood on Wall Street.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Richard E. Cripps
Legg Mason
Baltimore
Dow
Securities and Exchange Commission
Federal Reserve
Dollar Gains Sour in Global Markets Amid Mixed Data
The dollar strengthened against major currencies in Europe while US stocks rallied on steady earnings and a firmer economic outlook. The euro traded around 97.7 cents, with the pound near 1.528 dollars. investors awaited further signals after a strong week for the Nasdaq and S&P 500. Strong results from Lowe's and Toys R Us supported equities, while AstraZeneca faced a setback on Iressa trial news, keeping overall market optimism fragile.
MENTIONED IN THIS ARTICLE
London
New York
Brian G. Belski
USA Bancorp
Piper Jaffray
Wall Street
Lowe’s
Toys “R” Us
Vivendi
Jean-Rene Fourtou
AstraZeneca’ S
Iressa
Ost Pharmaceuticals
ImClone Systems
New York Stock Exchange
Consoli
Lone
Familiar Phrase Puzzle Hidden in Letter Arrangement
A concise puzzle asks to identify a well known saying, name or phrase embedded within the given arrangement of letters. The solution requires spotting familiar words or idioms formed by the letters' order across rows or columns. Once found, state the recognized proverb or title accurately.
Also Mentioned on This Page
Brantactl
Laura Schneider
schneiderGchroncaeiega
Steve Mar
Oingle
Inge
Ainge
Standard & Poor
Conference Board
U.S
Europe
Paovic
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