Blockbuster Leaders Face Dallas Vote Over Board Shakeup
Shareholders gather in Dallas for Blockbuster annual meeting to decide on board seats and CEO Antonio Anto co amid a clash with Carl Icahn led dissidents. Icahn allies Zachary Zel nic and Edward Bleier back a rival slate while Anto co defends strategy and warns of a buyer’s arrival. The battle unfolds as Blockbuster grapples with online and discount competition from Netflix and Walmart driven DVD demand decline.
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Blockbuster Inc
Dallas
Antioco
Carl Italin
Jeahn
Antioca
Blockbuster
Kahn
Executve
Hlockbustec
Oligo Contil
Vial
Ant Antioco
Hollywood Entertainment Corp
Antigou
Antioto
Icahn
BMG Entertainment
Strauss Zelnick
Warner Bros
Edward Bleier
Zelnick
Ed Maki
Los Angeles
Linda Griego
Leahn
Antiioco
Wal-Mart Stores Inc
Best Buy Inc
Netix Inc
Fisher-Price recalls Growta-Pega Sticks and Lil' Wagster Dragster
The AP reports Fisher-Price recalls about 150 000 Growta- Pega Sticks and 100 000 Lil' Wagster Dragster push toys due to factory risk to children. The recall follows 17 injury reports from pogo sticks and nine from the Dragster toys including loosened teeth and jaw injuries.
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Pishai-Priga Inc
East Abrora
Gonsuiter Product Safety Comission
China
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Mexico
Bass
GM recalls 300000 trucks and SUVs for turn signal flaw
General Motors recalls over 300,000 vehicles including the Chevrolet TrailBlazer GMC Envoy Isuzu Ascender Oldsmobile Bravada and Buick Rainier models due to a suspected defect causing front and rear turn signals to flash as hazard lights when the turn indicator is moved. Temporary fixes available until a permanent solution is released.
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General Motors Corp
Iain Talesday
United Airlines pension plan termination approved by federal judge
A Chicago based federal bankruptcy judge cleared United Airlines to terminate its four defined benefit pension plans as part of its Chapter 11 exit, potentially saving about 345 million annually and signaling a major step toward securing 2 billion in required financing. The move shifts pension obligations to the government backed Pension Benefit Guaranty Corporation, risking thousands in retiree benefits. The ruling aims to help United emerge from bankruptcy as soon as this fall, with broad airline labor and financial implications.
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United Airlines
U.S
United
Bankruuptcy
Bil
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