Former Tyco executives charged with looting company profits
Former Tyco leaders L Dennis Kozlowski Mark Swartz and Mark Belnick faced charges of enterprise corruption grand larceny and falsifying records as prosecutors accuse them of siphoning hundreds of millions from Tyco. They pled not guilty and posted or secured bonds with court dates set, while Tyco sued Kozlowski for at least 730 million.
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New York
Tyco International Ltd
America
Securities and Exchange Commission
L. Dennis Kozlowski
Mark Swartz
Mark Belnick
Kozlowski
Swartz
Belnick
Michael Obus
Tyco
Reid Weingarten
Hae Haan Ani
Robert Morgenthau
Fale Paotret
Mincinion
Couple opens Chronic Tattoo shop in Lorain
Jesse and Malissa Nehring opened Chronic Tattoo on 116 W Eighth St Lorain, saying they bring 13 years of experience and a clean, safe shop. They describe tattoos as an addiction and express plans to expand to piercing while aiming to pass the business to their children.
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Lorain
Jesse Nehring
Nehring
Malissa Nehring
Chronic Tattoo
Eighth St
Malissa
Jesse
Chronic
Marissa
Lorain County
Matissa
West Eighth Street
Goodyear blamed in age bias suit in Akron
A group of eight Goodyear Tire & Rubber Co. workers accuse the Akron company of age discrimination through its performance evaluation. They seek class action status with AARP backing, while Goodyear plans to drop the top 10 percent A tier and stop quotas for low grades under a revised three-tier system that requires improvement for those in the bottom category.
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AKRON
Goodyear Tire & Rubber Co
Goodyear
Keith Price
AARP
Common Pleas Court
Megan Bonanni
Royal Oak, Mich
Price
Greenspan warns lingering fallout from terror attack impact
Federal Reserve Chairman Alan Greenspan told Congress that depressing effects on the U S economy from the September 11 attacks and the stock market plunge persist, though he resisted deferring Bush tax cuts. He warned deficits rise as surpluses fade and cited weaker tax revenues from lower stock prices, while signaling no immediate rate move ahead of the Sept 24 meeting.
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Washington
Federal Reserve
Alan Greenspan
Congress
Greenspan
Bush
House Budget Committee
Congressional Budget Office
U.S
Iraq
Fed
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