Ford tax dispute nears end in three Ohio towns
The income tax dispute over Ford’s 2,700 workers at the Ohio Assembly Plant in Sheffield, Sheffield Lake, and Avon Lake nears resolution pending county Common Pleas approval. Avon Lake collected about 2.8 million dollars last year while disputes over 58 thousand dollars in discrepancies are resolved.
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Sheffield
Ford
Ohio Assembly
Sheffield Lake
County Common Pleas
Christopher Sheffield
Ondercin
Avon Lake
Berner
John Piskura
Brad Dicken
Bdicken
Chroniclet.com
World Bank appoints Robert Zoellick as new president
The World Bank board unanimously names Robert Zoellick to succeed Paul Wolfowitz. Zoellick, 53, will begin a five year term on Sunday as President Bush hails him as a dynamic leader. He returns to public service after a stint at Goldman Sachs.
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Washington
Robert Zoellick
World Bank
Lally Aed
Zoellick Wil
Paul Wolfowitz
Zoellick
Bush
Wolfowitz
Ronald Reagan
Wall Street
Goldman Sachs
Existing home sales slide for third straight month
The Associated Press reports May existing home sales fell 0.3 percent to a 5.99 million seasonally adjusted annual rate, 10.3 percent below last year. The median price dropped 2.1 percent to $223,700, marking the 10th consecutive year-over-year decline as unsold inventories rose to a 15-year high.
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Washington
National Association of Realtors
Delphi workers weigh pros cons of tentative contract
Delphi workers weigh a four year tentative contract with GM and Delphi that preserves some plants and jobs. Longtime workers face wage cuts from about 27 to 14 to 18 per hour while a $35 000 annual payment supports production staff for three years.
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Delphi
Flint
Mich
Dave Hill
United Auto Workers
Delphi Corp
General Motors Corp
Hill
America
Ohio
UAW
Flint East
Laronda Shackelford
Apple plumbs iPhone hype as launch nears
Apple Inc gears up for the iPhone release with six months of publicity and early announcements. Analysts say demand is immense but caution that unmet expectations could hurt Apple stock. Cisco settles trademark dispute over the name.
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San Jose
Calif
Apple Inc
Apple
Mike McGuire
McGuire
Gartner Inc
Steve Jobs
San Francisco
Cisco Systems Inc
Cisco
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