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BUSINESS NEWS FOR FRIDAY, MARCH 19, 2004|
the Milacron deal
When the board of Milacron Inc. ended an eight-hour meeting close to midnight
March 11, it reached a refinancing deal that removed months of uncertainty about
the future of the 120-year-old maker of plastic molding machines and industrial
asks friends to write judge
In hopes of winning less time in prison, Martha Stewart has asked
friends to write to the judge who will determine her sentence for lying about
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plans sanctions against Microsoft |
The European Union announced its intention Thursday to sanction Microsoft Corp.
after the software giant balked at demands that could have prevented it from
adding new features to future versions of Windows - a restriction it avoided
in the landmark U.S. antitrust case.
wooing tourists back
French tourism officials, smarting from an off year caused by many factors including
anti-French sentiment over the Iraq war, are trying to lure Americans back to
interest rates have consumers piling on debt
U.S. consumers have taken on record levels of debt as low interest rates
have lured them to buy bigger houses and fancier cars and to charge more on credit
cards than ever before.
claims continue down
A pair of economic reports released Thursday signaled hope that the long dry
spell in hiring could be easing, but economists remained cautious about the prospects
of a full recovery in the job market. Another report showed a spike in energy
in 5-month Tyco trial begin deliberations
Jurors began deliberating Thursday whether two former executives looted more
than $600 million from Tyco International Inc. and used the money to pay for
vacation homes, extravagant furnishings, jewelry and a party on a Mediterranean
delays Chapter 11 exit
United Airlines said Thursday that it will take longer than planned to get out
of Chapter 11 bankruptcy, telling federal bankruptcy court that it would be premature
to emerge by June 30 as intended since several critical issues are still unsettled.
Erpenbeck archive |
William Erpenbeck Jr. spent a decade building a company that crumbled in months. Once one of the Tristate's biggest home builders, the Erpenbeck Co. succumbed to a bank fraud that affected lenders, subcontractors and home owners. Click here for links to all Enquirer reports.