Northwest Airlines to Cut 4900 Jobs Amid War Demand Drop
Northwest says it will slash 4900 jobs and trim its flight schedule by 12 percent because passenger demand fell amid the Iraq conflict. The plan includes idling 20 aircraft and using layoffs, attrition, and unfilled positions with a relief package for workers.
MENTIONED IN THIS ARTICLE
Northwest
Iraq
Minneapolis
Northwest Airlines
American Airlines
World
United Airlines
Continental Airlines
Smith tapped to head FirstMerit Elyria region
Smith 55 takes over as president of FirstMerit bank's Elyria region succeeding Billi Lamb. He will oversee 22 Lorain County branches and bring a career spanning Lorain County Bank Premier Bank Elyria Savings and Trust and First Merit progression. Smith vows steady staff and strong shareholder returns while serving community roles in Elyria.
MENTIONED IN THIS ARTICLE
Smith
FirstMerit Bank
Elyria
FirstMerit
Billi Lamb
Akron
Lorain County
Mmn
Erte
Lorain County Bank
Premier Bank and Trust
Elyria Savings and Trust
First Bank Corp
First Bank
Premier
First Merit
Elyria Parks and Recreation
United Way
Elyria Chamber of Commerce
Adam
Iraq
US Marine Corps
Maggie
Elyria High School
Lorain High School
University of Dayton
Baldwin-Wallace College
Kristin Yarbrough
Kyarbrough
Elyria recycler Bluestar pleads guilty to fraud and antitrust
Bluestar Metal Recycling Inc of Elyria pleaded guilty in US District Court to felony charges tied to an antitrust investigation. The company must pay 302000 to scrap metal suppliers underpaid for shipments, with overall fines nearing 373000, as prosecutors note efforts to set fair prices amid reforms.
MENTIONED IN THIS ARTICLE
Clave Vand
4 Metal Recycling Company
Bluestar Metal Recycling Inc
Elyria
Northeast
Ohio
US Justice Department
Antitrust Division
Bluestar
Stocks surge on eighth straight winning week in Iraq war rally
The Dow rose 235.37 points to 8521.97 and the S&P 500 gained 20.05 to 89.89 as markets cheerful over Iraq conflict progress. Nasdaq climbed 19.07 to 1421.84 with week gains led by blue chips and tech shares amid war headlines.
MENTIONED IN THIS ARTICLE
New York
Wain Street
Iraq
Dow
Standard & Poor
Bagh
Saddam Hussein
Robert Sheed
Northern Trust Select Equity Fund
Chicago
S&p
Subedh Kumar
Cibc World Markets
Wall Street
Dollar climbs on war progress signs in Baghdad airstrike
The dollar rose across assets as traders priced in progress in the U S led war in Iraq improving sentiment. The Dow jumped 2.8 percent while gold fell and stock volumes stayed heavy as inflation data topped expectations. Dow Jones gains accompanied gains in DuPont Micron Intuit and other names amid mixed earnings and outlooks.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/AP
U.S
Iraq
John McCarthy
ING Barings Capital Markets
BBC
U.K
Saddam
Baghdad
Chemical
Micron Tech
Palm
Intuit
Labor Department
New York Stock Exchange
Also Mentioned on This Page
Paul Volker
Aircraft Mechanics Fraternal Association Local 33
The
Chro Chronic
Elyr
the Counts
David Smith
Pierre Frik
Modesto
Calif
Frik
United States
French Clearsers
Elyria Recycler
Stephen Ryan
Ness Systems
Kumar
DuPont
Lorain
Westfield Shoppingtown
Haufmann
Igrunda
Elyria Municipal
Grunda
Gino Pulita
3Rd St
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