DYNEGY FIRES 6 ENERGY TRADERS FOR FALSE PRICES
Date: 19 October 2002
By Bloomberg News
Bloomberg News
Dynegy Inc fires six energy traders and will discipline seven other employees for feeding false natural gas prices to trade journals (S)
Replay Freitag, 18. Oktober 2002
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18th of October 2002 News
Nachrichten, wie sie auf der Titelseite der New York Times am 18. Oktober 2002 erschienen
Ugandan Paper Back in Print With a Front-Page Apology
Date: 19 October 2002
By Marc Lacey
Marc Lacey
Uganda's only independent daily newspaper, The Monitor, reappears on streets of Kampala a week after government security agents shut it down for reporting that government helicopter had crashed in northern part of country while fighting rebel group; issues carefully worded apology for article on front page (M)
Revelation Elicits Ire And Disdain In Seoul
Date: 18 October 2002
By Don Kirk
Don Kirk
News that North Korea has admitted to having nuclear weapons program unsettles many South Koreans after months of glowing reports of warming relations between two Koreas; but prospect of armed confrontation has become increasingly remote, and many South Koreans wonder whether there is any option to pursuing engagement with North Korea; there is sense that whole debate would blow over in flurry of statements, diplomatic missions and newpaper editorials, as have numerous other confrontations with North Korea over years (M)
Piedmont Journal; Where the Police Log Is a Source of Comfort
Date: 19 October 2002
By Patricia Leigh Brown
Patricia Brown
People of Piedmont, Calif, protest when Police Department updates computer system in way that prevents release of police blotter reports to Piedmont Post and Piedmonter, local papers; residents never knew they were so attached to these reports about petty thefts, complaints about neighbors and nesting bees; department finds way to restore reports (M)
CONTINENTAL AND THE TEAMSTERS SETTLE
Date: 19 October 2002
By Bloomberg News
Bloomberg News
Continental Airlines tentatively agrees to labor contract with about 3,300 employees represented by International Brotherhood of Teamsters; union vote will follow; details are not made public (S)
STARBUCKS GIVES POST TO EXECUTIVE OF PATHMARK
Date: 18 October 2002
By Bloomberg News
Bloomberg News
Starbucks Corp names James L McDonald, chief executive of Pathmark Stores, president of North American business as of Nov 1, succeeding Howard Behar, who will remain on board; Pathmark says Eileen Scott will become chief executive and Frank G Vitrano president (S)
AQUILA, A MIDWESTERN UTILITY, NAMES FINANCIAL OFFICER
Date: 19 October 2002
By Bloomberg News
Bloomberg News
Midwestern utility company Aquila Inc names Rick Dobson interim chief financial officer, succeeding Dan Streek (S)
MOODY'S CUTS RATING ON SOME OF DISNEY'S DEBT
Date: 19 October 2002
By Bloomberg News
Bloomberg News
Moody's Investors Service reduces to Baa1 its rating of senior unsecured debt of Walt Disney Co, reflecting concern about lagging profits (S)
ASBESTOS-RELATED COSTS INCREASE AT GEORGIA-PACIFIC
Date: 18 October 2002
By Bloomberg News
Bloomberg News
Georgia-Pacific Corp says costs of asbestos-related lawsuits this year were 63 percent more than it expected; discloses costs as it reports third-quarter profit of $66 million, up from loss of $167 million year earlier; sales fell to $6.15 billion from $6.31 billion; expects to pay about $132 million to settle lawsuits instead of $81 million (S)
COLGATE REPORTS PROFIT INCREASE AND 3 PROMOTIONS
Date: 18 October 2002
By Bloomberg News
Bloomberg News
Colgate-Palmolive reports 12 percent increase in quarterly profit and fastest rise in sales in five years; net income climbed to $330.7 million from $296.2 million; sales increased 3.3 percent, to $2.38 billion; promotes Lois D Juliber, Javier G Teruel and Ian M Cook in advance of eventual retirement of chairman Reuben Mark (S)