Team NEO names Farley as first president in regional push
Robert Farley will lead Team NEO Northeast Ohio toward breaking political boundaries to attract retain and grow businesses. The group includes Lorain County Chamber Greater Akron Chamber and FirstEnergy with a focus on automotive industry and regional economic development. Farley begins November 1 after prior roles with Fort Worth Chamber and Texas state leadership.
MENTIONED IN THIS ARTICLE
Cleveland
Northeast Ohio
New Economic Development Coalition
Robert Farley
Farley
Ohio
Dennis Eckart
Team Nec
Greater Cleveland
DeTillio
Lorain County
NEO
Greater Akron Chamber
Akron Tomorrow
Cleveland Tomorrow
Greater Cleveland Growth Association
Stark Development Board
Yountstown- Warren
FirstEnergy Corp
Team Neo
Peter Burg
Fort Worth
Vivendi and GE agree to merge NBC Universal
Vivendi Universal and General Electric sign a merger to combine NBC television network and its cable channels with Universal film and TV studios and USA Sci Fi and Trio channels. NBC Universal valued around 43 billion, NBC to own 80 percent, regulatory approvals required.
MENTIONED IN THIS ARTICLE
Paris
Vivendi Universal
General Electric
U.S
NBC
NBC Universal
CNBC
MSNBC
Bravo
Telemundo
Vivendi
Universal Movie and TV Studios
Law & Order
Universal Music Group
Viven
AOL Time Warner Inc
Walt Disney Co
Bob Wright
Washington
Brussels
AOL Time Warner
Viacom Inc
MTV
CBS
ABC
News Corp
Fox
Jean- Rene Fourtou
Vivendi Universal Entertainment
Fourton
Stocks fall in October mix after earnings and crude dip
New York stocks closed lower in October’s first trading session as tech and telecom weakness, plus a stronger dollar, tempered gains. The Dow fell 23.71 to 9630.90 as 22 of 36 blue chips declined, led by SBC Communications. Nasdaq slipped 14.07 to 1893.78 and S&P 500 dropped 5.47 to 1033.78. Analysts warned of overbought signals despite occasional leaders like Arena and Caterpillar.
MENTIONED IN THIS ARTICLE
New York
Alcoa
McDonald
Dow
SBC Communications
McDonald's
At&t
General Electric
J.P
Arena
Caterpillar
International Paper
IBM
Boeing
Eastman Kodak
Pension relief bill OK'd by House
The House approved a 397 to 2 vote to allow lower employer contributions to defined benefit pension plans for two years, enabling businesses to keep plans afloat amid low rates and market turmoil. The Pension Benefit Guaranty Corp says the system is underfunded by about 350 billion dollars, with roughly 80 billion in severely underfunded plans.
MENTIONED IN THIS ARTICLE
Washington
House
Pension Benefit Guaranty Corp
Pension reform bill seeks long term funding solution
The proposed measure plans a temporary 10 percent cut in corporate pension contributions for 2004 and 2005 while Congress works on a permanent fix. Rep John Boehner cautions that without the temporary relief, worker benefits could be endangered. The White House calls it a first step toward replacing the current interest rate used to gauge pension liabilities. AFL-CIO warns it is the minimum action needed to stabilize the crisis.
MENTIONED IN THIS ARTICLE
PBEGC
Congress
John Boehner
Ohio
House Education and the Workforce Committee
White House
Bill Samuel
Afl-Cio
Coke settles whistleblower suit for 540000 in Atlanta
Coca Cola Co. agrees to a 540000 settlement with former finance manager Matthew Whitley over wrongful termination claims tied to a 3 year old Frozen Coke marketing test at Burger King Virginia outlets. DOJ and SEC probes continue as Whitley provides records under subpoena and cooperates without appearing before the grand jury.
MENTIONED IN THIS ARTICLE
Atlanta
Coca-Cola Co
Matthew Whitley
Burger King
Virginia
Coke
Whitley
Justice Department
Securities and Exchange Commission
U.S
Steve Heyer
Ing
Southeast Asian summit builds ties with China Japan and India
At the Bali summit ASEAN nations pursued economic independence from larger neighbors by signing strategic accords with China India and Japan. The session also advanced a network of security pacts to back a regional economic community by 2020 while inviting outside powers into the amity cooperation treaty and outlining plans for a broader free trade area.
MENTIONED IN THIS ARTICLE
China
Japan
India
Bali
Indonesia
Association of Southeast Asian Nations
Peanlike
ASEAN
Asia
Singapore
Goh Chok Tong
European Union
Li Zhaoxing
Also Mentioned on This Page
Adrian Burns the
Chronicle-Telegram
Eckart
Adrian Burns
Jean-Marie Messier
Bob Dickey
RBC
Davi Rauscher
Dickey
The
Associated Press
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