Avon Lake industry park sale eyed to boost jobs
Cleveland firm Omni Construction negotiates to buy an 8 to 9 acre parcel next to the nearly vacant Pin Oak Parkway industrial area. Owners fear competition could undercut pricing while city officials cite job creation. Mayor Berner notes city has limited leverage but supports efforts to attract industry within Avon Lake.
MENTIONED IN THIS ARTICLE
Avon Lake
Cleveland
Pin Oak Parkway
Allan Kiingshirn
Leelingshirn
Rob Berner
Omni Construction Co
Osterland Co
Sunasaaza
Uou
Pin Oak
Lee Klingshirn
Greg Zilka
Michael Stanek
Rerner
Stanek
Berner
Lorain Ford plant eases up shuts down for a week
Lorain Assembly Plant in Ohio halted production for a week affecting about 1,700 workers as Ford executes a portion of its revival plan. Ford spokesman Rich Woytowich noted year to date Econoline van sales rose to 126,002 through September while minivan production at Avon Lake paused. The shutdown may be offset by a tag relief system to limit layoffs and resume Monday.
MENTIONED IN THIS ARTICLE
Lorain
Ford Motor Co
Rich Woytowich
Voytowich
Woytowich
Ford
Ohio Assembly
Avon Lake
Kansas City
Former Enron CFO charged with fraud
Andrew Fastow the Enron chief financial officer was charged with fraud money laundering and conspiracy for inflating profits and siphoning off about 1 billion via off the books partnerships. He surrendered to the FBI and faced a 5 million bail request.
MENTIONED IN THIS ARTICLE
Houston
Andrew Fastow
Enron
Justice Department
Jeffrey Skilling
Kenneth Lay
Fastow
FBI
Larry Thompson
Washington
Michael Kopper
John Keker
Andy
Keker
Enron Corp
Andrew S. Fastow
Federal
Alternative weekly papers shut in two markets deal
Cleveland Free Times closes as part of a sale to NT Media and New Times Los Angeles ends under a Village Voice Media deal. LA Weekly and Cleveland Scene plan to better serve readers and advertisers. Publisher Matt Fabyan notes the Free Times marked its 10th anniversary with plans for the future.
MENTIONED IN THIS ARTICLE
Cleveland Free Times
Cleveland
Los Angeles
Village Voice Media
NT Media
New Times
Village Voice
David Schneiderman
New
Chicago Ordinance Requires Slavery Ties Disclosure
The Chicago City Council unanimously approved an ordinance mandating city contractors disclose past ties to slavery. Insurance firms must reveal policies for slaveowners. other companies must disclose slave-era profits. Alderman Tilman led the effort with backing from Daley. The measure aims to illuminate historic links and inform reparations discussions.
MENTIONED IN THIS ARTICLE
Chicago
Dorothy Tilman
Tillman
Richard M. Daley
Daley
California
California Department of Insurance
Ace USA
Philadelphia
Aetna
AIG
Manhattan Life
New York Life
Penn Mutual
Royal & Sun Alliance of
Canada
Dow sinks after gains as investors lock in profits
Wall Street fell as investors locked in profits after a huge rally. The Dow dropped 183.18 points to 1,730.01, its eighth straight triple-digit move, with Dow Chemical warning fueling selling. The market wavered all day amid worries about earnings and Iraq conflict, closing sharply lower after an afternoon rally.
MENTIONED IN THIS ARTICLE
Dow
New York
Wall Street
Dow Jones
Dow Chemical
Iraq
Wall Street slides as earnings woes weigh on indexes
A late day sell off pushed the Dow, S&P 500 and Nasdaq lower as investors shrugged off faint Fed optimism. The Dow fell over 180 points, the Dow Chemical and Credit Suisse shares dropped on weaker earnings guidance, while Chico's rose on stronger September sales. Consolidated volume was about 2.03 billion shares.
MENTIONED IN THIS ARTICLE
New York
Ter
Chico's
Mike Weiner
Equities
Banc One Investment Advisors
Columbus
Ohio
Mow Work Stock Exchange
Also Mentioned on This Page
Dan Harkins
the Chronicle
Cess
Klingshirn
OL Dlen
Dharkins
Chronicletelegram.com
Lorain Ford
Brad Dicken
Chronicle-Telegram
Bdicken
Chroniclelelegram
Money Man
Sean McManamy
The
American Insurance Association
McManammy
Tim Leach
Wells Fargo
Standard & Poor
Jeff Kleintop
PNC Financial Services Group
DuFont
Credit Suisse
Advent Software
del Computer
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