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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Abercrombie & Fitch
NEW York
OneMillionMoms.com
OneMillionDads.com
Tupelo
American Family Association
A&f
American Decency Association
Columbus
New Albany
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Cleveland Mill
Gallagher
Mark Tomasch
Bodoh
WL Ross & Co. LLC
LTV
Ross
Batak
Alltel