Halliburton to settle asbestos claims for about $4 billion
Haliburton Co. said it will pay about 4 billion dollars in cash and stock to settle hundreds of thousands of asbestos claims. The agreement, in Pittsburgh bankruptcy court, would cover present and future claims and keep subsidiaries like Dresser and Kellogg Brown & Root.
MENTIONED IN THIS ARTICLE
Pittsburgh
Halliburton Co
Fuptcy Court
Halliburton
Bush
Dresser
Kellogg Brown & Root
Harbison-Walker Refractories Co
Harbison-Walker
Dallas
Baltimore
New York
Conseco Files Chapter 11 Amid Debt and Probe
Indianapolis based Conseco Inc filed for Chapter 11 as federal probes into its accounting loom. The move follows tentative deals with bondholders owed 2.5 billion and banks owed 1.5 billion totaling 6.5 billion in 1990s acquisitions. Conseco Finance Corp would be sold. insurance operations remain sound per regulators.
MENTIONED IN THIS ARTICLE
Indianapolis
Conseco Inc
Conseco
St. Paul, Minn
Hospital chain to settle large fraud lawsuit
Nashville based HCA, the largest for profit hospital chain, announces a 631 million settlement with Justice Department lawyers ending a nine year fraud probe. The deal would lift civil and criminal penalties to 1.7 billion over recent years, with whistleblowers alleging false claims and kickbacks to doctors for Medicare and Medicaid referrals. Officials dispute distribution details and assert ongoing scrutiny by whistleblowers’ attorneys. James Alderson, former Montana hospital CFO, claims he faced retaliation after exposing fraudulent cost reporting.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
HCA
Justice Department
John R. Phillips
Phillips & Cohen LLP
Medicare
James Thompson
Texas
Phillips
James Alderson
Montana
Dollar Clings to Modest euro Gain as War Signals Rise
The dollar recovers somewhat from sharp losses against the euro but weakens against most other currencies in a listless session as stock markets slide and war with Iraq looms. A spike above 1.03 euros was a short term surge driven by fast money, with analysts noting profit taking.
MENTIONED IN THIS ARTICLE
New York
von Jones
White House
Ermendach
Michael Woolfolk
Bank of New York
Woolfolk
Striking it rich with little effort on eBay
The Andover Con stitine Group owner helps fund eBay with thousands in fees since starting last year. Analysts credit eBay for prospering amid a slump due to its broad marketplace, international reach, and no warehousing burden. The firm reported 61 million profit in the latest quarter on 228.8 million revenue, with growth guidance of about 50 percent annually.
MENTIONED IN THIS ARTICLE
Andover Constitine Group
eBay
Andover
Silicon Valley
Mike Syick
San Francisco
Home Depot
Disney
San Jose
Amazon.com
Oat Jordan
Also Mentioned on This Page
Haliburton
Struction Business
Dresser Industries Inc
Cheney
Dave Lesar
Maryland
Conseco Insurance
Jackson Farms
Wellington
Ohio
Brighton
Kenworth
D. Londer
Detroit Diesel
Kewanee
Glencoe
Cardinal
Brock
Circle
Killbros
Univerforth Steel
Pio
Brandt
Pride Sundance SC
Dixon
Speed Queen
Penncrest
Ford Tractor
Bob & Dee Jackson
Steven Andrews
Jefferson Rd
Wooster
E. Liberty St
Oker
Jennings Rd
Olmsted Township
Stearns
Bagley
Jennings
Osk
Jim Beam
Lenox
Hall
Roseville
Fenton
Japan
McCoy
Royal Doulton
Candlewick
Carnival Glass
Bloom Tree Bike
R.R
West Virginia
Dave Thorn & Associates
ICA
Burgess
N. Ridge Rd
Elyric Two
Dale Burgess
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!