Ohio Edison to lay off 236 workers statewide
Ohio Edison Lake Erie division plans up to 17 Lorain County layoffs as part of 236 statewide cuts. The unionized workers affected come from road crews, construction, substation and garage staff amid push for higher productivity and rejected early retirement offers. Layoffs could begin July 22 with unions to discuss seniority and job placements.
MENTIONED IN THIS ARTICLE
Util Thy
Lake Erie
Lorain County
Cuyahoga
Medina
Erie
Huron
Ralph J DiNicola
Ohio Edison
Chio Edison
International Brotherhood of Electrical Workers
Lake Ene
Utility Workers Union of America
United Buyout Approved Making Major Employee Ownership
United Airlines parent UAL Corp voters approved an employee buyout at a shareholders meeting. About 70 percent of proxy shares voted in favor, giving employees 56 percent ownership of UAL Corp, making it one of the nation's largest employee owned companies with roughly 75,700 workers.
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Chicago
United Airlines
UAL Corp
Stephen Wolf
Wolf
United
UAL
Countrys
Publix Supermarkets
Lakeland
Fla
U.S
Unions Seek Employee Ownership Of UAL In Stock Plan
About 75,700 workers worldwide would gain 55 percent of UAL stock in exchange for wage and work rule concessions averaging 14 percent over five and a half years. Unions value the concessions at 4.9 billion dollars, making UAL the second-largest U.S. company with majority employee ownership after Publix Super Markets.
MENTIONED IN THIS ARTICLE
UAL
U.S
Publix Supermarkets
Lakeland
Fla
Cleveland ends pact with Figgie International
Cleveland moves to void the February 27 1989 development agreement with Figgie International for the 630 acre Chagrin Highlands site near eastern suburbs. Mayor Michael White directs action and seeks council ratification then a national developer search as Figgie reports a 203 million first quarter loss and founder Harry E Figgie Jr resigns. Mayors from Orange Warrensville Heights and Highland Hills join in the announcement.
MENTIONED IN THIS ARTICLE
Cleveland
Figgie International Inc
Michael White
Stephen Strmsha
Figgie International
Figgie
White
Harry E. Figgie Jr
Subirhan
Orange
Warrensville Heights
Highland Hills
Chagrin Highlands
June wholesale prices hold steady in June
Washington AP report shows wholesale prices unchanged in June after two-month decline led by flat food costs and energy up 0.3 percent. Core wholesale inflation slipped 0.1 percent, beef and pork fell, poultry and fish rose, vegetables jumped 3.2 percent while fruit fell 10.9 percent. Energy costs up with gasoline up 1.5 percent and heating oil up 1.6 percent.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Tiune
Apri
May
Creston Livestock Auction Consignments Report
Creston buyers received 277 consignors offering cattle calves sheep hogs and cattle totals 766 head noted. Holstein heifers calves bulls and various feeder cattle prices ranged with top cattle steers 61 to 86 and heifers 60 to 64. Beef cows 45 to 48 and canners 38 and down. Cross breds hogs and sows also listed with multiple price bands.
MENTIONED IN THIS ARTICLE
Creston
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the Chronicle-Telegram
Akron
Ae Edison
DiNicola
Rans World Airlines
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Brookpark Rd
Nomah Olmsted
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Strongsville
Vasu Communicatio
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Alltel
American Greetings
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Mid-Am Inc
Cedar Far
Nordson
Centenor
Northern Savings
Ohio Edison TT
Chrysler CoBancom Inc
P.nc Corp
Columbia Gas
Parker Hannifin
CPC Inter. Inc
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VATH
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