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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

May 30, 2008

Page

4

Feds probe oil market amid soaring prices and new CFTC steps

The Commodity Futures Trading Commission opened a December probe into potential abuses in crude oil purchasing, shipping, storage, and trading amid a 42 percent price rise since December. The agency also announced measures to boost market transparency including monthly reports from index fund managers and a cross border accord with UK regulators.

Commodity Futures Trading Commission New York Mercantile Exchange U.S CFTC Inter- Texas China Developed

Berkeley Premium seeks new identity after fraud conviction

Berkeley Premium Nutraceuticals plans a possible name change after founder Steve Warshak faces sentencing in August. The firm, famed for Enzyte ads with Smiling Bob, is accused of deceiving customers and bilking about $100 million, while aiming to restore its former $200 million yearly revenue.

Cincinnati Berkeley Premium Nutraceuticals Enzyte Berkeley Steve Warshak Martin Weinberg

Economic growth remains weak despite slight GDP uptick

Washington reports a 0.9 percent rise in GDP for January to March, aided by stronger overseas demand. Yet consumer spending remains tepid, reflecting ongoing impact from housing, credit, and financial crises, with experts calling the economy "gasping for air."

Washington U.S Bernard Baumohl Economic Outlook Group

GM considers moving truck plant workers to nearby car plants

GM plans furloughs at truck plants and may transfer workers to Orion Township car assembly as part of a broad restructuring driven by high fuel costs. About 19,000 hourly workers signed leaves through July 1, with 16,000 non-assembly staff affected by a new entry level wage of about 14 dollars per hour.

Detroit General Motors Corp U.S Rick Wagoner Wilmington Del Associated Press United Auto Workers GM North America Troy Clarke Pontiac Flint Ucts Orion Township UAW Mike Dunn Orion Dunn SAP Rouse Witstwe Wore Lahve Fiesatin Saradatrs Suntech ACTIV Frei Caco Nas Atat Inc United NY Lowes Wwwr Apple Inc Northropg NY CitryTel ParkHans Penney Prushs&p Amex Prushqqo Amex Proushog Amex Emerson Sherwin NY Nasd SprintNex NY Nya Amex Amex Visan Jpmorghh Ino Wells Fargo NY NYMX New York CBOT Lark Baley Chicago Board of Trade Cme Sugar Hworth NYBT New York Board Mfb Fundminva Mlb Growamera m LG Incamera m MA Invcoama m Wamutinva m Dodge & Cox intiStk A & Cox Stock iv Fidelity Eqinc iv Fidelity GrowCo Fidelity LowPrintk Fane Income Vanguard Valve Rody Aisinawa Marra

Comair Pushes Forward Amid Delta Northwest Merger Talks

Comair, a Delta Air Lines subsidiary based in Erlanger Kentucky, pushes to stay a core part of the Delta Connection network as Delta and Northwest pursue a merger. The company reports progress cutting 35 million dollars in costs this year and expanding ground handling and maintenance work for other airlines. Delta has not ruled out keeping Comair as a subsidiary, and a separate move to end a contract with Freedom Airlines faced a federal court block pending appeal. Analysts say Comair’s prospects appear stronger than some peers.

Cincinnati Delta Air Lines Inc Northwest Airlines Corp Delta Comair Erlanger Ed Bastian Freedom Airlines Mesa Air Group Inc Phoenix Mesa

Also Mentioned on This Page

Feds Dan Caterinicchin Bob Terry Kinney Associated Pres The Ray Laethem GMC Trucks Cincinnati/ Northern Kentucky International Airport Hebron the Markkeét IN Dany Dow Jones Vate
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