Invacare weighs moving Elyria production overseas
Invacare Corp is considering shifting some Elyria production abroad to counter cheap knockoffs from China and Taiwan. No jobs would be cut, though workers may shift to new roles as the company introduces upgraded products and retrains staff.
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Elyria
Invacare Corp
Invacare
Mal Mixon
China
Taiwan
Susan Elder
Mixon
Florida
Mexico
Elder
Invacare to pay 24000 fine over paint booth rules
Invacare Corp agreed to a 24000 dollar penalty to Ohio for violating air pollution rules at its Taylor Street plant. An April 2002 inspection found one of two spray paint booths exceeded organic material limits and risked ozone formation. The company has corrected the issue as part of the settlement.
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Elyria
Invacare Corp
Taylor Street
Ohio Environmental Protection Agency
Ohio Epa
Invacare
Ohio Department of Natural Resources
Mortgage rates rise to highest since January
Mortgage rates climbed again for a second straight week with the 30 year fixed rate averaging 5.91 percent for the week ending March 28. Freddie Mac reported the increase from 5.78 percent the prior week after a record low of 5.61 percent the week before.
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Washington
Gage
Freddie Mac
Stocks Edge Lower as War Uncertainty Pressures Market
Wall Street ended slightly lower amid war uncertainty as traders awaited progress reports on allied military moves. The Dow fell 23.43 to 201.46, the Nasdaq slipped 3.20 to 1384.25, and the S&P 500 declined 1.43 to 880.52 amid cautious trading and profit taking.
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Wall Street
Stephen Carl
Williams Capital Group
Standard & Poor
Traq
Tony Cecia
US Bancorp
Piper Jaffray
Minneapolis
Dollar mixed as war plans loom and markets waver
The dollar traded unevenly as Iraq war prospects weighed on markets. CNN said the U.S. would deploy 100000 more ground troops, while defense officials signaled a longer campaign. Euro and other major currencies fluctuated with stock trading thin in advance of war news.
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Dow Jones/AP
Iraq
CNN
Persian Gulf
Paresh
Upadhyaya
Putnam Investments
Defense
Donald Rumsfeld
Senate Appropriations Committee
Germany
Italy
London
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