Airline satisfaction falls in nationwide survey
Air travelers report worsening customer service and rising fees as satisfaction with US airlines declines. American Airlines and Southwest Airlines, both based in Fort Worth and Dallas, show lower scores in J D Power and Associates' annual survey amid staff delays and increased flight disruptions from bad weather.
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Dow Dips Over 130 Points on FedEx Warnings
Wall Street fell for the second straight day as concerns about the financial sector and FedEx's forecast of weaker demand and higher fuel costs weighed on profits next year. The Dow slipped past 12 000 briefly, with all major indexes down about 1 percent. FedEx plans to cut its dividend by about two thirds and raise funds via preferred stock and asset sales. MF Global forecast tight credit spreads hurting its first earnings and said it will sell 300 million in convertible securities to repay a near term loan.
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Fifth Third Stock Falls After Dividend Cut Plan
Fifth Third Bancorp shares dropped 27 percent as the Cincinnati bank warned of rising loan losses and outlined a plan to raise about 2 billion through a stock offering and sale of noncore businesses. It also forecast Q2 earnings well below Wall Street estimates amid the housing and credit crisis hitting Ohio Michigan and Florida.
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Ohio parents sue bottle makers over bisphenol A health risks
Four Ohio parents lead a class action alleging bottle makers knew bisphenol A could harm health but failed to warn. Named defendants include Evenflo, Avent America, Handicraft, Playtex, Gerber Novartis, with Vandalia based Evenflo among others. The suit seeks class action relief in U.S. District Court.
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Public Utilities Hearing Set in Case 08-504-EL-FOR
The Public Utilities Commission of Ohio schedules a public hearing at 10 00 a m on July 8 2008 in Hearing Room 11 F at 180 East Broad Street Columbus Ohio 43215 3793. Public can review Fi S58 copies by contacting the electric utility and may be heard at the hearing. Information available at 1 800 686 7826 or 1 800 686 1570 TTY or puco ohio gov.
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