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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 15, 2009
Page
9
Apple announced that co founder and CEO Steve Jobs will take medical leave through June after saying his health issues were more complex than previously stated. Tim Cook will assume duties during the absence while Jobs remains involved in major strategic decisions.
Motorola Inc plans to trim 4000 more jobs in 2009 on top of 3000 announced last year, aiming to save about 700 million annually from 2009 and 1.5 billion with previous cuts. Most cuts hit mobile devices with about 1000 in corporate functions, as revenue for Q4 is forecast at 7.0 to 7.2 billion.
Chrysler LLC president Tom LaSorda said there are no talks with Magna International to sell assets or brands including Jeep and the Belvidere plant. He noted Chrysler would consider selling the PT Cruiser, but no offers exist. He confirmed no talks with Renault and emphasized any major asset sale would require federal approval through the car czar.
Lynchburg based Peanut Corp of America recalls 21 lots of peanut butter made since July 1 at Blakely Georgia plant amid a nationwide salmonella outbreak linked to 430 plus illnesses in 43 states. Five deaths nationwide include Minnesota and Virginia cases. Ohio reports 57 cases. Recall targets bulk distribution only, not retail products.
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