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Corning inks filter deal with Foseco
Corning inks filter deal with FosecoSTATE COLLEE - Corning Inc. and Foseco Metallurgical Inc. on Monday announced they have signed a new three-year contract to supply Corning extruded ceramic molten metal filters to Foseco.The agreement, valued at approximately $40 million, will provide the foundry industry in North America with Corning extruded ceramic molten metal filters, used by foundries to improve the quality and yields of metal castings.
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Markets dive again; Dow falls 269
The Associated PressNEW YORK - Wall Street's hopes for a turnaround dimmed Monday after another dose of disappointing economic news sent the Dow Jones industrials down nearly 270 points, their third straight triple-digit loss.The selling, which followed the latest disappointing economic report, came after 11 weeks of heavy selling and further eroded the huge July rally that many investors had believed might be the beginning of a recovery.
(
Wire DataStream,
08/06/2002 03:01 AM EDT)
'Can you hear her now?'
People stare when Stacy McGarr pulls up to a parking space in her white Ford Taurus station wagon. What catches their eyes? Maybe the car's 13 antennas. Maybe the two-laptop-computer work station that replaces the front side passenger seat. Maybe the eight cellular phones lined up neatly in a metal box in the trunk.
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By Stephanie Waite,
The (Beaver County) Times,
08/05/2002 03:01 AM EDT)
Embattled Halliburton unit gets bid
Since Dick Cheney became vice president, a subsidiary of his former company was chosen the exclusive contractor for overseas Army troop support and Navy construction despite being under federal investigation for fraud. The Navy contract went to the Halliburton Co. subsidiary, Brown & Root Services, despite a recommendation from the auditing arm of Congress that new bids be solicited for the construction contract. That recommendation was ignored.
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By David Pace,
The Associated Press,
08/05/2002 03:01 AM EDT)
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