Dow Dips as NYSE Stocks Sell Off Early Trading
The Dow Jones average falls 3.58 to 1355.96 in the first half hour. NYSE losers lead gainers 5 to 2 as government bonds show losses up to 2.50 to 5 per 1000. Big volume leaders including AT&T, Middle South Utilities, United Technologies slip. Merrill Lynch steady.
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New York
American Telephone & Telegraph
Middle South
United Technologies
Merrill Lynch
Dow Jones
NYSE
American Stock Exchange
Goodyear to pay 50000 dollar clean air penalty
Goodyear Tire & Rubber Co agreed to a 50000 dollar penalty and will not restart a production line in Akron until it proves compliance with clean air standards. Assistant U.S. Attorney Steven Bell said court filings would end nine months of negotiations with the EPA over violations at the line.
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Akron, Ohio
Goodyear Tire & Rubber Co
Akron
U.S
Steven Bell
U.S. District Court
Goodyear
U.S. Environmental Protection Agency
Freedom Federal
Freedom
Progressive Auto
Ohio
FAA Tightens Rest Rules for Commuter Airline Pilots
The FAA issued new regulations on flight time and rest for commuter airline pilots after negotiations with airlines and unions. The rules align commuter pilots with major carriers, mandating eight hours of rest between shifts for large airlines, while monthly and weekly hour limits stay in place.
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FAA
Washington
Federal Aviation Administration
Bosses face higher risk of retaliation than workers
Columbus AP reports Ohio State University management expert John Blackburn says many managers lack protection from unjust discharge. He notes state laws allow firing without reason, with few workers under union contracts or civil service. He cites historical court bias toward employers and slow gains in worker job security.
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Columbus
John Blackburn
Ohio State University
Blackburn
Lawmakers React As Piketon Centrifuge Contracts End
U S Rep John Seiberling and Rep Bob McEwen criticized the Energy Department after it canceled two Goodyear Aerospace centrifuge contracts at Piketon. The move affects about 2,100 workers and follows a plan to switch to laser tech, with the department reviewing a proposal to exclude amortization costs from uranium sales pricing.
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US. Energy Department
Goodyear Aerospace Corp
Piketon
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John Seiberling
Seiberling
Bob McEwen
Hillsboro
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Ments
Energy Department
Ohio
Goodyear Aerospace
Garrett Corp
Sandusky
Goodyear
Herrington
James W. Vaughan JR
Seiberling and McEwen
Utility bills still high but ranking better
The Ohio Office of the Consumers' Counsel reports that combined utility costs in Ohio's 14 largest cities rose 2.5 percent to an average of 141.63 dollars, with Columbus Cleveland and Cincinnati improving in rankings while Philadelphia remains highest. Natural gas and electricity costs varied, and telephone charges rose in most cities.
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Ohio
The
Consumers’ Counsel
Philadelphia
Toledo
Pittsburgh
Detroit
Dayton
Cleveland
Akron
Fort Wayne
Ind
Lexington
Grand Rapids
Mich
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Louisville
Stephen Ostrander
Ostrander
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