Apple No 2 executive Dan Eilers resigns from Apple
Dan Eilers, Apple Computer's No 2 executive and 13 year veteran, resigned after his role as senior vice president of worldwide marketing was folded into a broader reorganized marketing structure. The departure follows two other high level resignations this year and Apple's plan to grant regional operations more independence.
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San Francisco
Apple Computer
Dan Eilers
Eilers
Apple
Michael Spindler
Joseph Graziano
Ian Diery
Americas
Europe
Asia
Treasury cuts short and long term savings bond rates
Washington AP reports that six month savings bonds will yield 4.75 percent, down from 5.25, while long term bonds drop to 5.16 percent from 6.31 due to a new fluctuating rate system adopted in May. In Detroit AP notes a wind shield workers walkout at Chrysler McGraw Glass could end after talks with the UAW Local 227 led by Erskine Terrell.
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Washington
U.S
Treasury Department
Treasury
Detroit
Chrysler Corp
United Auto Workers Local
Erskine Terrell
Chrysler
McGraw Glass
McGraw
New York
DuPont
Allied Corporation
ArTouch
Alcan
American Greetings
Alcoas
SRG Sa
Cedar Fair
Agpw
AVA
SA Ve
Dish CoBancorp Inc
ABE Va
Columbia Gas & Se GlaxoWel
Sarales
CPC Inter. Inc
Avon
Eaton
Abe AB
Emerson
Bartek
Sears
Ford
General Motors
Saael
Cini
Ye Invacare
Cikaorp
Lear
LNB Banco GenrPr
Sou Bay
Shem Fy
Sie
Uhinor Unisys
LTV
Merck
Usaire
SB Vey
Ms CooprTe pSam
Bts Boer Vn Viehay
Lesca Inc
DST Syain
Fo Mha. Inc
WalMart
Bbtee S Morgan
Tokyo imposes stock trading ban on Merrill Lynch unit
The Finance Ministry in Tokyo, in a rare move against a foreign broker, bans Merrill Lynch Tokyo division from trading its own stock for two days next week. The sanction targets six years of trading violations but allows client trades to proceed.
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Tokyo
Finance Ministry
Merrill Lynch & Co
U.S
Merrill Lynch
Ohio viewed as growth target by Toyota official
Donald Jakeway of the Ohio Department of Development told a Lorain County audience that Ohio is on Toyota's radar while not revealing specifics. He highlighted Ohio's business climate, tax incentives, and efforts to reduce red tape, aiming to keep Ohio leading in expansions and relocations.
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Elyria
Ohio
Toyota Motor Co
Donald Jakeway
Ohio Department of Development
Jakeway
Lorain County
Automaker
Toyota
United States
Busi
Megamall Fit for a King at King of Prussia
King of Prussia, Pa. AP reports the Plaza and the Court at King of Prussia, East Coast's largest mall, opens with 2.8 million square feet, 450 stores, nine anchors, 35 restaurants. It anticipates 1,180 permanent jobs and about $900,000 monthly in income.
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King OF Prussia, Pa
U.S. Capitol
Monaco
King of Prussia
Tiffany’s
J. Crew
Philadelphia
Toyota tabs Evansville as potential Toyota plant site
TOKYO AP reports Nihon Keizai Shimbun says Toyota may pick Evansville Indiana for a third U S auto plant but Toyota officials in Tokyo deny a final decision. The daily cites a possible signing with Indiana state government and notes Toyota owns area property and auto parts makers concentrate there.
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Tokyo
Toyota Motor Corp
Evansville, Ind
U.S
Toyota
Tetsuo Kitagawa
The
Nihon Keizai Shimbun
Japan
Financial
Hiroshi Toyoda
Indiana
Daiwa Bank to Close U S Branches Amid Indictment
Daiwa Bank faces federal indictments and orders to shut its U S branches over a $1.1 billion bond trading loss affair tied to Tokyo based Daiwa Id. proms and New York trader Toshihide Iguchi. Authorities call the move the largest foreign bank crackdown since 1991. The bank cites losses and alleged concealment as it seeks to defend its integrity amid Japan’s backdrop of bad loans.
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New York
U.S
Japan
Daiwa Id
Bank of Credit & Commerce International
Daiwa
Toshihide Iguchi
Daiwa Bank
Iguchi
Takashi Kaiho
Statewide health care system in the making
Columbia/HCA Healthcare Corp and Sisters of Charity of St Augustine announce a joint venture giving Columbia/HCA half of St Vincent Charity Hospital Cleveland St John West Shore Hospital Westlake and Timken Mercy Medical Center Canton Proceeds from the sale will fund charitable foundations in Ohio and the deal raises Columbia/HCAs bargaining power with insurers managed care groups and government programs Scott declined to provide a timetable for further expansion
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Columbus
Ohio
Richard Scott
Columbia
HCA Healthcare Corp
HCA
Sisters of Charity of St
Scott
Ohio State University
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