Fed focus: Stop downturn amid inflation fears
Bernanke told the House committee that inflation is the lesser worry as a housing tied credit crunch threatens growth. He signaled another rate cut in March and urged Congress to consider broader policy options to shield the economy from a possible recession and stressed the risk of financial market stress.
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Washington
Federal Reserve
Ben Bernanke
U.S
Bernanke
House Financial Services Committee
Fed
Sig
Congress
David Wyss
Standard & Poor's
Honda to End U S Motorcycle Production in Ohio Plant
Honda Motor Co will stop making motorcycles in the United States next year, transferring the work to Japan and ending its first U S plant in Marysville Ohio. The 450 workers will stay with Honda, shifting to cars engines and parts as production of Gold Wing and VTX bikes ends in spring 2009. Production of about 120 motorcycles daily will continue for now amid a phased transition under consideration.
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Dayton
Honda Motor Co
United States
Japan
U.S
Marysville
Honda
Westcentral
Ohio
Jan Gansheimer
Gansheimer
Ray Biffle
Pastaskala
Columbus
Cell plan may be all talk, no action
Verizon, AT&T, and T Mobile unveiled unlimited voice plans aimed at simplifying pricing. Analysts say only 10-15 percent of markets are affected, with frequent users most likely to benefit while many consumers remain unconvinced.
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Santa Ana
Calif
Verizon Wireless
At&t Wireless
Tmobile
Jeff Kagan
Atlanta
Cellular South
Boost Mobile
Helio
Kagan
In-Stat
George Masters
Iorgine
Shelter
Masters
Bryan Villarin
Temple City
Mike Lanman
Tole Hart
Gartner
Hart
Cathay pilot fired after near ground flyby at Paine Field
Cathay Pacific Airways dismissed Capt. Jan Wilkinson for a controversial low altitude flight while delivering a Boeing 777-300ER at Paine Field in Everett. Wilkinson has appealed the firing, reportedly flying as close as 30 feet above the field with gear retracted after delivery.
MENTIONED IN THIS ARTICLE
Cathay Pacific Airways
Boeing Co
Avon Lake opens Enhancing Life Home Medical store
Andrew Elbert opened Enhancing Life Home Medical on Avon Belden Road to help seniors like his grandparents. The store offers walkers lift chairs scooters and grab bars with scooter and ramp rentals for short term use. Elbert a 1995 Midview graduate runs the business with his mother Nancy Gooding.
MENTIONED IN THIS ARTICLE
Avon Lake
Andrew Elbert
Elbert
Enhancing Life Home Medical
Avon Belden Road
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Associated Press
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