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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

May 23, 2002

Page

9

Cleveland mill resumes steel production under ISG

International Steel Group began producing steel slabs at its Cleveland mill after a five month pause following LTV Steel's bankruptcy. About 750 workers are involved, with 560 Steelworkers at Cleveland and contractor staffing lifting total to around 750 as union talks continue on a new labor contract and benefits package.

Cleveland International Steel Group Inc LTV Steel Mills Pat Gallagher United Steelworkers of America Isg-Cleveland Tomasch ISG LTV Steel U.S William Bodoh LTV Corp Chicago Ind Hennepin Warren Cleveland-Cliffs Inc Mark Granakis United Steelworkers Granakis Pittsburgh United States

EU asks WTO to rule steel tariffs illegal

The European Union requested a WTO panel to rule President Bush's steel tariff hike illegal. Japan and South Korea joined, with consideration set for June 3. The EU argues safeguards violated WTO rules and that imports did not trigger the cross border action.

WTO Geneva U.S European Union World Trade Organization Washington Brussels Bush United States Ture Carlo Trojan Japan South Korea

Union increases dues to fund campaign activities

AFL-CIO unions vote to raise dues by 4 cents per member monthly through July 2005 to bolster campaign spending for November elections and the next presidential race. The federation expects over 6 million dollars extra per year, funds not for candidates or parties.

New York Aflcio Afl-Cio John Sweeney Federation Steve Rosenthal Senate House

Buckeye Bankshares offers 690000 shares to Ohio residents

Buckeye Bankshares Inc announces an offering of up to 690,000 common shares exclusively to Ohio residents. The Lorain County headquartered bank, with one office at 105 Sheffield Center Lorain, sells shares at 10 dollars each. Net funds go to Buckeye Community Bank for future growth. Donnely Penman French Haggerty & Co. of Detroit is the sales agent.

Buckeye Bankshares Lorain Ohio Buckeye Bankshares Inc Buckeye Community Bank Lorain County Sheffield Center Donnely, Penman,French, Haggerty & Co Detroit

Bin Laden rumor lifts stocks late in a light day

Stocks fluctuated with fear of attacks then trimmed losses and turned higher on unconfirmed rumors that Osama bin Laden had been captured. The Dow gained 52.17 to 10157.88 as Nasdaq rose 9.27 and S P 500 added 6.14. Analysts warned of further volatility ahead of Memorial Day weekend as terrorism risks loom. Ford, Johnson & Johnson advanced on ratings and trial data while Merrill Lynch reiterated a strong buy.

New York Osama bin Laden U.S bin Laden Todd Clark Wells Fargo Securities FBI Dick Cheney Dow Jones Dow Standard & Poor Barry Hyman Ehrenkrantz King Nussbaum Hyman Ford Banc of America Johnson & Johnson Merrill Lynch

Dollar slides as yen intervention fades in Europe

The dollar weakened against most European currencies after Japan intervened but failed to sustain gains. Investors reduced dollar exposure amid rising India Pakistan tensions and fears of terrorism in the United States. The euro climbed to an eight month high, the Swiss franc reached multi‑year highs, and gold touched a two‑year peak.

New York Dow Jones/AP Japan Ministry of Finance Bank of Japan India Pakistan United States

Abercrombie faces backlash over thong underwear sales

The New Albany Ohio based retailer A and F is accused by OneMillionMoms and OneMillionDads of marketing thong underwear in children's sizes with phrases like eye candy and wink wink. American Decency Association urged supporters to boycott while the company defends the line as lighthearted and meant for wearers only.

Abercrombie & Fitch NEW York OneMillionMoms.com OneMillionDads.com Tupelo American Family Association A&f American Decency Association Columbus New Albany

Also Mentioned on This Page

Cleveland Mill Gallagher Mark Tomasch Bodoh WL Ross & Co. LLC LTV Ross Batak Alltel
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