Auto leaders push back on tougher fuel standards plan
Detroit chiefs GM Ford and Chrysler told Congress the proposed fuel economy rise could harm industry profits. They warned some provisions are unworkable while urging focus on alternative fuels and advanced batteries for plug in hybrids and EVs.
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Ford
Chrysler Group
House
Senate
Byron Dorgan
D-N.d
Rick Wagoner
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Wagoner
Transportation Department
Ford Motor Co
Alan Mulally
P&G Brings Gillette Young Guns Reality Show to TV
Procter and Gamble and Gillette launch Fast Cars and Superstars The Gillette Young Guns Celebrity Race a seven episode ABC reality series featuring William Shatner Jewel Tony Hawk and others. Sponsors logos appear on cars and firesuits with branding woven into the show.
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Dan Sewell
Associated Press
Cincinnati
Procter & Gamble Co
Gillette
ABC
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Jewel
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Steve Fund
P&g
Leonard Lodish
Wharton School of Business
University of Pennsylvania
Lodish
NBC
Burger King
Home Depot
the Learning Channel
BBDO
Fund
Hawk
Laird Hamilton
Ryan Martin
Nascar
NFL
John Elway
Serena Williams
Lowe’s Motor Speedway
Charlotte
N.C
Shatner
AP / ABC
Ryan Newman
Prudential to Close Equity Group Unit
Prudential Financial says it will wind down Prudential Equity Group, its stock research and trading unit, by month end. The Newark based company reports 260 million in revenue last year and 34 million pre tax profit. costs of 110 million to close, with 75 million in severance.
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Prudential Financial
Prudential Equity Group
Cleveland
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N.J
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Prudential
Lion
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San Francisco
Chicago
Philadelphia
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U.S
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Securities and Exchange Commission
Ex-union members file unfair labor complaint in Akron
Ex union members from United Steelworkers Local 2 charge Goodyear workers harassed them at home and that dues were collected after resignation. They say a local hearing fined them 620 dollars each and NLRB will hold a hearing August 21 in Cleveland.
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Akron
United Steelworkers
Goodyear Tire & Rubber Co
United Steelworkers Local 2
National Labor Relations Board
USW
Jack Hefner
NSW Local 2
NLRB
Cleveland
Goodyear
Comair Fined for Stranded Passengers in 2004
Comair agreed to 75000 in fines after DOT found unfair practices during Christmas travel disruptions caused by a computer scheduling outage. Two thirds of the penalty are suspended if no similar complaints occur in 14 months. 25000 may be dropped if Comair funds extra accommodations for stranded travelers over a year. Comair did not admit or deny violations. The outage stranded thousands nationwide and almost 1000 overnight at Cincinnati airport.
MENTIONED IN THIS ARTICLE
Cincinnati
Comair
U.S. Department of Transportation
Delta Air Lines
Erlanger
Northern Kentucky International
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