Events Calendar
In This Section
Day with Warren Buffett enriching to UA students
WISDOM FROM BILLIONAIRE WARREN BUFFETT
FedEx says IRS won't be imposing penalties
U.S. Walmarts to stay open Thanksgiving
WOMEN'S LEADERSHIP PROGRAM MAKES DEBUT
Regulators eyeing Ally Bank tactics
Number of females in unions increasing
Most Read Stories
Suitcase causes bomb scare at Akron bus terminal
Akron City Council OKs higher speed on I-77
Chapel Hill isn't rolling right along
Motorcyclist killed, wife injured in Stark County crash
New eateries expand menu of options
Man says he was punched, robbed by 3 people in parking lot
Patrick McManamon: Here's what the Browns should try the rest of the season
Louisville athlete commits to play for Boston College
Family found dead in Ohio home
Blogs:
Pets:
It Takes All Kinds
The Heldenfiles:
Tuesday Notebook
Patrick McManamon:
An interesting thought from a reader
Akron Zips:
Akron vs. Mount Union — Liveblog
Tribe Matters:
Indians announce spring dates
Cleveland Browns:
Mangini doesn't name a quarterback
Kent State Sports:
Flashes interested in another Cincinnati player
Cleveland Cavaliers:
Shaq: It’s All About Winning Championships
Buckeye Blogging:
Buckeyes Roll 100-60 / Season Outlook
Varsity Letters:
Report: Walsh baseball player commits
All Da King's Men:
More On The Fort Hood Jihadist
Blog of Mass Destruction:
Simply Incapable of Telling The Truth
Akron Law Café:
Health Care Financing Reform: (63) Commonwealth Fund Report on Primary Care
See Jane Style:
Muffle Your Muffler
Car Chase:
Clock Tender- Extending the Life of Collector Car Clocks
Let's Talk Real Estate:
Rumors: Akron Starbucks Closing
Ohio Travels with Betty:
Jack is looking for a trip to Southern Ohio the week of November 16.
Sound Check:
Aeromsith looking for new singer as Steven Tyler contemplates solo career
HRLite House:
Personal Rant – Why People Do Not Live in Northeast Ohio
Akron Gamer:
Video: 'Modern Warfare 2' hits the streets
Published on Saturday, Jun 21, 2008
Goodyear to supply
tires for Ford Flex
Goodyear said it will supply original equipment tires for the 2009 Ford Flex vehicle.
Goodyear said its Assurance ComforTred tire in the size P235/60R18 has been chosen. No other details of the agreement were disclosed.
JumpStart to invest
$350,000 in Tursiop
JumpStart Inc., the Northeast Ohio organization working to accelerate the growth of early stage businesses, will invest $350,000 in Cleveland-based Tursiop Technologies.
Tursiop is developing a novel nanomaterial-based coil that is said to improve image quality for magnetic resonance scanners (MRIs.)
Targeting a projected billion-dollar market by 2012, Tursiop already has built, tested and generated images with several prototype coils.
Honda's new fleet
of railcars on tracks
Honda is launching a new fleet of railcars to ship its vehicles, a move that's designed to save fuel and be kind to the environment.
The fleet of 400 multilevel Auto-Max railcars has hit the tracks, with the capability of holding 22 vehicles each.
The railcars are one of Honda's environmental initiatives, said Ron Lietzke, spokesman for Honda of America Manufacturing.
The company says the new railcars will save Honda 2,436 gallons of fuel and 54,432 pounds of carbon-dioxide emissions per year.
A $7 million redesign of the rail system was required at the Marysville and East Liberty plants, so the longer railcars could fit easier and be loaded more efficiently.
InBev CEO says
distributors 'key'
InBev NV Chief Executive Officer Carlos Brito, addressing critics of the company's previous cost-cutting initiatives, said Anheuser-Busch Cos.' wholesale distributors will be ''key'' if its $43.6 billion takeover offer for the maker of Budweiser is accepted.
The philosophy of the world's largest brewer is to target ''nonworking dollars'' within companies, Brito said in a video released on the Belgium-based company's Web site.
Some distributors were forced out of business when the Brazilian brewer that combined with Interbrew SA to form InBev increased the amount of beer it shipped directly to retailers to cut costs.
Boeing marks
jetliner milestone
Boeing Co. said it has completed the process of powering up its 787 jetliner, marking a major milestone for the much-delayed program.
The ''power on'' announcement keeps Chicago-based Boeing on track for a first flight later this year of the company's first newly designed commercial plane in more than a decade.
The 787 program has been plagued by parts shortages and delays resulting from its unusually heavy reliance on suppliers.
Huntington rises
most in 28 years
Huntington Bancshares Inc., the Columbus-based bank that lost more than half its market value this year, rose the most in at least 28 years after saying uncollectible loans will be within its second-quarter forecast.
The bank rose $1.53, or 30 percent, to $6.67 in Nasdaq Stock Market trading after saying in a statement late Thursday that unpaid loans will be at the high end of its previously announced range of 0.60 percent to 0.65 percent. The company also said it had enough capital to meet regulatory requirements.
Writedowns possible
for Ford, GM units
General Motors and Ford finance units might have to write down more than $1 billion each as values of used trucks plummet, Lehman Brothers analyst Brian Johnson said.
The writedowns could total $1.5 billion at GMAC LLC and $1.1 billion at Ford Motor Credit, the analyst said. The value of vehicles coming back from consumer leases could be ''lower than original expectations, which could impact loss rates'' at the finance units, he said. The value of large pickups has dropped 12 percent since the end of the first quarter, he said.
Goodyear to supply
tires for Ford Flex
Get the full article here.
Comments
Click here to post your comments
