Antitrust claims target Marsh and four insurers
The state accuses Marsh and McLennan and four insurers American International Group ACE Chubb Hartford of conspiring to mislead clients with fake quotes to mask lack of competitive bidding. Attorney General Darin seeks halt of the activity and return of profits, citing millions in losses to Ohio businesses.
MENTIONED IN THIS ARTICLE
Columbus
Cuyahoga County
New York
Eliot Spitner
Tomers
Marsh
Ohio
Mike Kachel
India's 1-lakh car aims to redefine middle class dreams
In Kochi and Thiruvananthapuram a government forest warden and others pursue a cheaper mobility future as Tata Motors unveils the 1-lakh car, a $2,500 four door model poised to reshape ownership. The price targets affordability though critics warn about traffic, parking, and road readiness amid India's rise and growth.
MENTIONED IN THIS ARTICLE
Kochi
India
Sudheer Mahanan
Harichandana
Harikrishna
Mahanan
Mahanan’s
Azad Pathan
Tata
Thiruvana
World Bank
Radhakrishnan Nair
Technopark
Clovervale Gets 1 Million State Loan for Expansion
Clovervale Foods, owned by Pierre Foods Inc of Cincinnati, receives a 3 percent seven year loan from the Ohio Department of Development as part of a 17 million state investment to create 200 jobs at the Cooper Foster Park Road facility. The project totals over 6.6 million and aims to buy new equipment and processing lines, while retaining 110 positions and creating 200 within three years.
MENTIONED IN THIS ARTICLE
Amherst
Clovervale Foods
Cooper Foster Park Road
Clovervale
Pierre Foods Inc
Cincinnati
Ohio Department of Development
Pierre
Clovervale Farms Inc
Zarth
Z-Bird
Circle Z
Jim's Country Mill
Clovervale Farms
Credit-rating firms faltering amid housing loan crisis
Moody's and the other major rating agencies face calls for hearings and stronger oversight as their stock losses reflect market distrust. Critics blame delayed downgrades of residential mortgage backed securities, while the firms push back with new reports and rate adjustments to reassure investors amid a wave of mortgage failures.
MENTIONED IN THIS ARTICLE
Moody's Investors Service
Congress
Sean Egan
Egan-Jones Ratings
Haverford
Moody's
Standard & Poor
Wall Street
Wendy's opens records to Arby's bidder Nelson Peltz
Wendy's International agreed to share confidential information with Nelson Peltz and his Triarc Cos. to evaluate a potential bid. Peltz, who runs the Trian Fund and owns Arby's, had signaled a possible offer of 37 to 41 per share valuing Wendy's at 3.2 to 3.6 billion.
MENTIONED IN THIS ARTICLE
Dublin
Wendy's International Inc
Nelson Peltz
Triarc Cos
Arby's
Wendy's
Peltz
Trian
Wendy’s
Wal-Mart plaza sold to California investor for 1.7 million
A California investor paid about 1.7 million to buy Midway Pointe, the shopping plaza near Midway Mall. The 13,552 square foot center at 150 to 186 Midway Blvd was built in 1999 and is fully leased to tenants including Midway Chiropractic, Mattress Showcase, Snider Blake Temps, United Optical, Edward Jones Investments, Cash Advance, Infinity Nails, and Titan Insurance Co.
MENTIONED IN THIS ARTICLE
Elyria
California
Midway Pointe
Midway Mall
Midway Chiropractic
Mattress Showcase
Robert Matevasyan
Midpro LLC
Dan Cooper
NAS Days Real Estate Brokers
Snider Blake
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