RUMSFELD ORDERS EXPANDED BOEING REVIEW
Date: 08 January 2005
By Bloomberg News
Bloomberg News
Defense Sec Donald H Rumsfeld orders expanded review into activities of former Boeing Co execs Darleen A Druyun and Michael M Sears, who admitted to wrongdoing during negotiations on $23 billion contract to provide aerial-refueling tankers for Air Force (S)
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CONAGRA IN TALKS TO SETTLE FEDERAL INQUIRY
Date: 07 January 2005
By Bloomberg News
Bloomberg News
ConAgra Foods is in talks with Securities and Exchange Commission to settle probe of fake sales and irregular accounting at its farm-products unit during 1990's; settlement payments will be $25 million to $45 million (S)
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J.P. MORGAN TO BUY VASTERA FOR $129 MILLION
Date: 08 January 2005
By Bloomberg News
Bloomberg News
J P Morgan Chase & Co agrees to buy Vastera, which provides services and software to help companies manage imports and exports, for $129 million (S)
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ACQUISITION BY CHICAGO BRIDGE IS RULED ILLEGAL
Date: 07 January 2005
By Bloomberg News
Bloomberg News
Federal Trade Commission rules Chicago Bridge and Iron violated antitrust laws when it acquired certain Pitt-Des Moines assets in 2001 (S)
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DELPHI TO STOP BATTERY PRODUCTION AT KANSAS PLANT
Date: 07 January 2005
By Bloomberg News
Bloomberg News
Delphi Corp, maker of auto parts, plans to stop production at vehicle-battery plant in Olathe, Kan, as company eliminates unprofitable operations; factory, which has about 150 workers represented by United Automobile Workers union, will cease making batteries on Feb 7; company has not yet decided on closing plant itself (S)
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SETBACKS FORCE ASTRAZENECA TO CUT SALES JOBS
Date: 07 January 2005
By Bloomberg News
Bloomberg News
European drug maker AstraZeneca will cut about 500 contract sales positions, or almost 10 percent of its sales force in US, after setbacks with blood thinner Exanta and Iressa, treament for lung cancer (S)
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WAL-MART NAMES OPERATING CHIEF FOR U.S. STORES
Date: 08 January 2005
By Bloomberg News
Bloomberg News
Wal-Mart Stores names Eduardo Castro-Wright, head of its Mexican subsidiary, chief operating officer of its US Wal-Mart stores division; Castro-Wright succeeds Jim Haworth, who left company (S)
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S.&P. RAISES CREDIT RATING FOR L-3 COMMUNICATIONS
Date: 07 January 2005
By Bloomberg News
Bloomberg News
Standard & Poor's raises credit rating of L-3 Communications Holdings to investment grade (S)
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Daily News Gets Editor From Chicago
Date: 07 January 2005
By Thomas J. Lueck
Thomas Lueck
New York Daily News names Michael Cooke, editor of Chicago Sun-Times, editor in chief, filling vacancy that was created in October 2003 with retirement of Edward Kosner; announcement comes at tumultuous time for newspaper's 370 editorial employees, who have been offered voluntary buyouts in cost-cutting effort; employees had until Jan 2 to apply for buyouts, and paper has given itself deadline of midnight Jan 8 to decide which applications it will accept (M)
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World Business Briefing | Europe: Britain: EMI Names An Executive
Date: 07 January 2005
By Bloomberg News
Bloomberg News
EMI Group hires former British Sky Broadcasting Group executive Martin Stewart to succeed Roger Faxon as chief financial officer; Faxon will move to EMI's music publishing unit in New York as part of succession plan for division's chief executive Martin Bandier; photo (S)
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