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Newspaper
The Gaston Gazette
Location
Gastonia, North Carolina, United States of America
Date
Dec 01, 2018
Page
8
German prosecutors broaden raids at Deutsche Bank offices as part of an inquiry into alleged offshore company setup to launder hundreds of millions of euros. Frankfurt prosecutors say additional materials were seized on day two after about 170 officers searched HQ and nearby sites.
Gastonia moves to widen the Municipal Service District MSD on the downtown west and south with a second public hearing set for December 4. Unopposed at the initial hearing the council unanimously approved the new boundary expanding revenue streams for downtown revitalization. The expanded MSD would add 55 parcels and roughly 6763 dollars more annually, exempting nonprofits churches and local government properties.
Farmington Connecticut based United Technologies will separate its aerospace Otis elevators and Carrier air conditioning units into three standalone publicly traded companies by 2020. CEO Gregory J Hayes says the move will let each unit build on its history as an independent company.
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