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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Sep 05, 2002

Page

9

Lead paint trial opens in Rhode Island case

Rhode Island opens a landmark suit against eight lead paint makers led by Sherwin Williams to curb public health harm. Attorneys clash over whether lead paint remains a broad public nuisance or is confined to deteriorating older housing.

R.I Providence Rhode Island Sherwin Coud Ohio San Francisco Milwaukee New York City Leonard Decof Nhase WI Decof Withicut State Health Department U.S American Cyanamid Co Atlantic Richfield ConAgra Grocery Products Co Cytec Industries Inc DuPont Co Millenium Inorganic NL Industries Inc

Wall Street preps quick trading resumption after attacks

New safeguards and backup systems aim to restart trading within a day after catastrophes. NYSE funds an alternate trading floor in New York. Nasdaq and firms boost emergency centers, some outside NYC. Verizon and Kroll describe expanded disaster plans to protect operations and client access.

New York Wall Street World Trade Center New York Stock Exchange New York City Robert Britz NYSE Rick Ketchum Selena Morris Merrill Lynch & Co Kroll Inc James Francis Kroll Britz Financial District Center Verizon Com Eric Bruno Enterprise Solution Group Ketchum National Guard

Grafton to get new Northern S and L branch

Northern Savings & Loan will start construction next week on a branch inside Grafton northern limits. It will be the bank’s first Southern Lorain County office and open Dec. 15 along Route 57. Groundbreaking at 5:30 p.m. Tuesday.

Grafton Northern S&l Northern Savings & Loan Lorain County LaGrange Wellington Ketchum FirstMerit Elyria Amherst North Ridgeville Shari Szczepanski New Grafton

Stocks Rise as Investors Buy Bargains on Wall Street

Investors snapped up bargains and pushed U S stocks higher after five days of losses. The Dow gained 117.07 points to 8425.12 led by DaimlerChrysler and General Motors as Nasdaq rose 2.3 percent and the broader market advanced on bargain hunting and short covering. Analysts warned the rally may be limited amid earnings warnings and Septembers historical weakness with focus on earnings season and the Sept 11 anniversary.

New York Wall Street Christopher Johnson Schaeffer Cincinnati Prudential Securities Market Bryan Piskorowski Dow Analvata Mike Kayes Eastover Capital Charlotte N.C DaimlerChrysler General Motors Beazer Homes Intel Pollip Morris Michael E. Szymanczyk

Judge halts Hershey Foods sale amid layoffs fears

In Harrisburg Pennsylvania a state official warned that selling Hershey Foods could trigger major layoffs in Hershey home to the world’s largest candy maker. Judge Warren Morgan issued a temporary restraining order blocking the sale while he considers Attorney General Mike Fisher’s request for review. The Hershey Trust Co. says a sale could be worth up to 15 billion dollars and diversifies holdings. 6200 workers would be affected. The trust notes Milton Hershey School benefits from the trust’s holdings and aims to protect the community. Fisher argues the sale could damage the local economy and seeks a legal pivot to review the deal. The trust maintains its bid to seek bids for diversification.

Harrisburg Hershey Foods Warren Morgan Rick Kelly Hershey Trust Co Morgan Mike Fisher Fisher Hershey Trust Milton Hershey School

Dollar climbs in Europe as gold falls

The dollar strengthens against major currencies in European trading while gold declines. The euro sits at 99.28 cents, dropping from 99.60. In New York midday, the dollar buys 117.98 yen, with the pound at about 1.5644 dollars. Other rates show the yen at 114.01, Swiss francs at 1.4747, and Canadian dollars at 1.5632.

London New York Europe

Also Mentioned on This Page

John Tarantino Attor Alan Ackerman Fahnestock & Co Standard & Poor Jeff Mohrman The Chronicle-Telegram Jim Ketchum Commercial Real Jmohrman Standard & Fava Commerce Department Japan France Britain Germany State
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