Ohio paper company NewPage seeks Chapter 11 protection
NewPage Corp a privately held Ohio based producer files for Chapter 11 in Delaware court as it restructures. It plans to continue operations with 600 million in financing led by J P Morgan Chase and aims to emerge financially stronger. The USW union seeks a seat on the creditors committee as talks begin. The paper maker posted a 656 million net loss on 3.6 billion revenue for the year.
MENTIONED IN THIS ARTICLE
Cincinnati
NewPage Corp
U.S
J.P. Morgan Chase
NewPage
Miamisburg
Ohio
North America
George F. Martin
Southwest Ohio
Canada
United Steelworkers Union
USW
Jon Geenen
Tional
Delaware
Biron
Stevens Point
Wisconsin Rapids
Wis
Escanaba
UAW Talks Private Amid Drive to New Auto Contracts
UAW and Detroit automakers plan private negotiations as talks with Ford GM and Chrysler seek wage restraint and profit sharing. Leaders aim to avert contract extensions beyond next deadline while addressing entry level pay and overall cost cuts. Ford CEO Mulally’s pay becomes a sticking point with workers and critics citing disparity.
MENTIONED IN THIS ARTICLE
UAW
Detroit
Chrysler
Chrysler Group LLC
Ford Motor Co
King
Ford
U.S
Alan Mulally
Mulally
Boeing Co
Associated Press
New York
AP Research
Securities and Exchange Commission
Dearborn
Mich
Judy Wraight
Mulloy
Wraight
Debt panel members take in health money from lobbyists
The six Democrats and six Republicans on the deficit panel face pressure to alter Medicare and Medicaid while health care industries have contributed 17 million to members since 1989. Doctors, drugmakers, hospitals, and insurers rank among top donors for most panelists, shaping potential votes on spending and reforms. The panel meets today and faces a choice between hard cuts and automatic, broader savings under existing law. The current roster includes Baucus, Murray, Kerry, Kyl, Portman, Toomey, Camp, Upton, Hollen, Clyburn, and Becerra.
MENTIONED IN THIS ARTICLE
Washington
Nonpartisan
Center For Responsive Politics
Associ
Ated Press
Senate
Max Baucus
Montana
Patty Murray
John Kerry
Massachusetts
Jon Kyl
Arizona
Rob Portman
Ohio
Pat Toomey
Pennsylvania
House
Dave Camp
Fred Upton
Michigan
Jeb Hensarling
Texas
Chris van Hollen
Maryland
James Clyburn
South Carolina
Xavier Becerra
California
Yahoo struggles to revive growth amid display ad slide
Yahoo faces an identity crisis as display advertising drops and users shift to Facebook. Under Bartz the stock rose 81 cents while Google soared, and Yahoo partners with Microsoft on search but revenue lags expectations. Analysts expect asset sales or a buyout as a comprehensive strategic review unfolds.
MENTIONED IN THIS ARTICLE
Yahoo
Bartz
Google
U.S
Facebook
comScore
Microsoft
eMarketer Inc
Wedge Partners
Martin Pyykkonen
Pyykkonen
Japan
Alibaba Group
Morse
VanBoskirk
Possible CEOs to Succeed Bartz at Yahoo
The article lists candidates for Yahoo CEO after Carol Bartz was fired. Tim Morse, interim CEO and CFO since 2009, is viewed as a backstop with strong financial background. Ross Levinsohn, Jonathan Miller, Jason Kilar, David Kenny, and Tim Armstrong are named as potential successors with varied ties to Hulu AOL News Corp and Yahoo board roles.
MENTIONED IN THIS ARTICLE
Yahoo Inc
Carol Bartz
Timothy Morse
Yahoo
Morse
Altera Corp
General Electric Co
Silicon Valley
Bartz
Ross Levinsohn
Americas
Levinsohn
Fuse Capital
News Corp
Myspace
B. Riley & Co. Inc
Sameet Sinha
Jonathan Miller
AOL
Velocity
Providence Equity Partners
Kilar
Hulu
Harvard Business School
Amazon.com Inc
David Kenny
Akamai Technologies Inc
Kenny
Yahoo’s
Digital
Publicis Groupe SA
Tim Armstrong
AOL Inc
Huffington Post
TechCrunch
Michael Arrington
Armstrong
Hess Consol JV Eyes Utica Drilling With New Rig Plans
Hess and Consol Energy form a joint venture to drill in the Utica shale with Hess paying 59 million at closing and investing 534 million over five years. Drilling starts soon with 2 rigs in 2012 rising to 5 rigs by 2015 across Jefferson Harrison Guernsey and Belmont counties and Consol operated areas in Portage Tuscarawas Mahoning Noble counties.
MENTIONED IN THIS ARTICLE
Utica
Hess
Consol
Jefferson, Harrison
Guernsey
Belmont Counties
Portage
Tuscarawas
Mahoning
Noble Counties
Also Mentioned on This Page
Ohio Paper Company
HELP
Barack Obama
Dan Mendelson
Avalere Health
Place
Canonsburg, Pa
Gyno
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!