BAE Systems Eyes TRW as Northrop Bid Looms
BAE Systems PLC of England said it may assess TRW Inc. defense business for fit amid Northrop Grumman’s $6.7 billion unsolicited bid and possible bidding war. TRW, Northrop’s target, saw shares rise to $54.75 as talks continue with multiple parties.
MENTIONED IN THIS ARTICLE
Cleveland
BAE Systems PLC
Europe
TRW Inc
TRW
Northrop Grumman Corp
Northrop
BAE Systems
Farnborough
England
TRW Developments
North America
U.S
Rockville
John Mensell
BAE Systems North America
North American
U.S. Defense Department
McDonald Investments
Brett Hoselton
Hoselton
Northrop Grumman
Randy Belote
Belote
New York Stock Exchange
UAW agrees to bargain issues for future contracts
In Las Vegas AP report, health care and on the job safety are among issues the United Auto Workers will seek to bargain in future talks. Ron Gettelfinger urged delegates to bargain for members families communities and future generations at the MGM Grand. The union, representing about 700000 workers across sectors, approved a 127 page 2002 program guiding goals for all units.
MENTIONED IN THIS ARTICLE
Las Vegas
United Auto Workers
DAW
Ron Gettelfinger
Mgm Grand Hotel-Casino
UAW
Pete Miller
St Vincent’s Hospital
Toledo
Jerry Blade
TRW
Cleveland
Ford
Chrysler Group
DaimlerChrysler AG
Gettelfinger
Stephen Yokich
Tax proposal would tax visiting pro athletes in Tennessee
The Tennessee tax reform bill would tax income from sports events at 4.5 percent with exemptions, affecting visiting stars like Lennox Lewis and Mike Tyson. If applied, Tyson and Lewis could owe over 785000 dollars each, though current law exempts Tennessee wages. Local and national tax histories shape the plan as states tax nonresidents for earnings from games played there.
MENTIONED IN THIS ARTICLE
Tennessee
Memphis
Lennox Lewis
Mike Tyson
Alaska
Florida
Nevada
New Hampshire
South Dakota
Texas
Washington
Wyoming
Tyson and
Lewis
Tyson
District of Columbia
Tunica
Miss
Mississippi
California
NBA
Chicago Bulls
Michael Jordan
Illinois
Federation of Tax Administrators
Natonal Association of
Memphis Grizzlies
Tennessee Titans
Tennessee Department of Revenue
Arnold Clapp
Clapp
RTI inks deal with bidders in asset sale plan
Republic Technologies International reaches a sale agreement with a bidder partnership led by KPS Special Situations Fund and Hunt Investment Group. The $450 million bid aims to save about 2,400 jobs. Lorain plant included but the 12 inch Hot Rolled Bar Mill excluded. Auction set for July 8 at Akron federal courthouse.
MENTIONED IN THIS ARTICLE
Lorain
Republic Technologies International
John Willoughby
KPS Special Situations Fund
Hunt Investment Group
KPS/Hunt
Republic
Federal
Akron
Kristin Yarbrough
Kyarbrough
Chronicletelegram Com
Supreme Court narrows disability act protections for workers
Supreme Court ruling limits ADA protections, allowing employers to refuse or fire disabled workers when job duties or safety concerns may threaten their health or others. The decision clarifies a safety exception, backing employer discretion in cases like chemical exposure and liver disease, with the EEOC guidance noted. Mario Echazabal's case prompted the review, returning the matter for further action.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Mary
David H Souter
Mit
Chevron
Mario Echazabal
Echezabal
Equal Employment Opportunity Commission
Echazabal
EEOC
Wall Street rally fizzles amid terror news and trims gains
Stocks edged higher on Monday but gave back late gains as investors faced a mixed session and a frightened mood after reports a U.S. citizen was arrested for plotting a radioactive dirty bomb. The Dow rose 0.6 percent to 9,645.40, while the Nasdaq slipped and the S&P 500 inched up.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Williams Cos
Wal-Mart
Kohl's
Aalaman Sachechinf
Dollar Holds Near Lows Against Yen and Euro
The dollar stayed near six month lows versus the yen and 16 month lows versus the euro as Monday trading unfolded, small gains later in the day. The euro traded at 94.35 cents, the dollar at 124.73 yen, and Swiss franc and Canadian dollar rates rose while the British pound edged up to $1.4602.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/AP
Also Mentioned on This Page
RTI Inks
Terror News
Ronald J Hill
Brown Brothers Harriman & Co
Duke Energy
Merrill Lynch
Tr Technology
Nokia
Intel
Sectae Onto
Newsite
Instinet
Island
Ment
Abby Joseph Cohen
Dow
S&p
Cohen
Robert Harrington
UBS Warburg
Japan
Germany
Britain
France
Lee Ue
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