Fraudulent jobless claims cited in annual overpayments
The government says about 8 percent of last year’s $30 billion in unemployment benefits were overpaid, with $2.4 billion in benefits improper and $560 million from fraud. Audits in several states traced nearly 3,000 claims totaling about $3.2 million to Social Cash or dead people, and GAO found misuse of Social Security numbers by about 700 people in 29 states. Experts blame quick payments, weak verification, and misclassification by employers as contributing factors.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
House
Ways and Means
Florida
Georgia
North Carolina
Texas
General Accounting Office
Congress
California
Massachusetts
Nevada
GAO
Social Security Administration
Immigration and Naturalization Service
NOE
Kroger to pay 55 million in Indiana lawsuit
Kroger Co.. Illinois trucker. Indianapolis warehouse parking lot crash. 1999 verdict upheld by Supreme Court denial of review. $55 million payout covered by liability insurance. Stanton injured reading a nameplate when a Kroger driver backed up crushing him. extensive surgeries and 243 days in hospital. case cites Seventh Amendment and alleged excessive award. Kroger contends Stanton partly at fault.
MENTIONED IN THIS ARTICLE
Washington
Kroger Co
U.S. Supreme Court
Jerry Stanton
Indianapolis
Indiana
Stanton
David Dorris
Kroger
Gary Rhodes
Alfie
Ira Ritter
Reel Fun Video in Elyria gets new management and name
Reel Fun Video on West Ridge Road in the Convenient Food plaza is under new management. Owner Mary Muntean and manager Donna Thomas announce a grand opening on June 22 with a raffle for a DVD player and balloons for kids. The store offers 3 000 titles, VHS and DVD, PlayStation and Nintendo games, with rental rates and hours listed.
MENTIONED IN THIS ARTICLE
Reel Fun
Donna Thomas
Reel Fun Video Store
Main Street Video
West Ridge Road
Elyria
Reel Fun Video
Convenient Food Store
Thomas
Mary Muntean
Union interest eroding in Ohio
Nurse Sue Pratt of UAW Local 12 embodies a trend as Ohio unions lose ground in manufacturing. Ohio's union rate fell from 21 percent in 1991 to 18 percent, private-sector unions dropping from 16 to 12 percent, while public employees remain strong. Union leaders blame manufacturing decline and offshoring, citing Huffy Corp. and broader trade policy as factors.
MENTIONED IN THIS ARTICLE
Toledo
Sue Pratt
United Auto Workers
Ohio
UAW
U.S. Department of Labor
Bureau of
Toric
William Burga
Bureau of National Affairs
Burga
Huffy Corp
Celina
Dayton
Congress
AEP to add SCR pollution controls at Amos plant
American Electric Power will install selective catalytic reduction on John E. Amos plant Units 2 and 3 after May 1 2004, cutting nitrogen oxide emissions by about 90 percent. Total cost is 346 million dollars. The move follows previous sulfur dioxide concerns at Gavin plant and a land buyout near it. EPA rules target NOx during ozone season to curb smog and respiratory risks.
MENTIONED IN THIS ARTICLE
Columbus
American Electric Power
West Virginia
Putnam County
Gen
James M Gavin
Ohio
AEP
Cheshire
Gavin
U.S
Environmental Protection Agency
Wall Street ends at year low on drug sector selloff
The Dow Jones, Nasdaq, and S and P 500 closed at year lows after a broad selloff driven by pharma and biotech disappointments. Abbott, GlaxoSmithKline, and Merck led declines while Idec fell on Medicare coverage news. Intel and Lucent also slid as tech shares faltered amid risk aversion.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Standard & Poor
Rafael Tamargo
Equity
Wiuingson Apuol
Dow
S&p
Bob Dickey
BBC
Davi Rauscher
GlaxoSmithKline
Internal Revenue Service
Merck
FDA
Biotechs
Idec
Medicare
Zevalin
Intel
Clena
Dollar slips against most majors in choppy trade
The dollar eased against most major currencies on Tuesday, trading lower as equities lacked direction and buying momentum faded. The yen saw some pressure while the pound surged to an eight month high on Rupert Murdoch’s hint that News Corp newspapers will campaign against Britain joining the euro.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/ AP
Rupert Murdoch
News Corp
Britain
U.S
Bil Strazzullo
State Street Global Markets
Boston
Nokia gains after upbeat earnings forecast despite outlook cut
Nokia rose 55 cents to 12.55 after trimming its Q2 revenue outlook yet affirming full earnings targets. Nextel Communications gained 63 cents to 4.42 as wireless unit improves and eyes 2002 forecast. Market breadth was negative with decliners ahead of advancers and total volume 1.74 billion shares versus 1.50 billion prior.
MENTIONED IN THIS ARTICLE
Nokia
Nextel Communications
Wireless Communications
Also Mentioned on This Page
Ors
Wally Herger
R-Calif
Sigurd R. Nilsen
Steve Manheim
Chronicle
Elyria Video Store
Christina Jolliffe
The
Chronicle-Telegram
Cjollifie
Chronicletelegram
Toledo Blade
Amos
Joe Haynes
Dow Jones
Israel
Abbott Laboratories
Food and Drug Administration
Abbott
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