Tuesday, January 23, 2001
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Steel producer LTV Corp., with plants in the industrial flats in Cleveland, filed for bankruptcy protection late last year, but a last-minute financing deal with Chase Manhattan Corp. averted the shutdown of any facilities.

Advertiser library photo • Dec. 29, 2000

Economic index falls again
A key gauge of U.S. economic activity plunged 0.6 percent in December, the largest drop in five years and a signal of continued weakness in the U.S. economy.

Nation's steelmakers bending
Nine U.S. steel companies went bankrupt in the past two years. Only 10 percent of the nation's steel manufacturers made money in the fourth quarter. Since 1998, 15,000 workers have lost their jobs.

Bankoh offering flier miles to clients
Airline miles, that virtual currency consumers earn for doing everything from using their credit cards to filling up their gas tanks, are replacing cash rewards at one Hawai'i bank.

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Analysts trim forecasts for Japanese economy
Economists have trimmed forecasts for Japanese economic growth as companies scale back spending on new factories and equipment.
Dot-com bounce produces skeptics
The days of soaring Internet stocks are back, with some nearly forgotten dot-com stocks quietly doubling or even tripling in value in less than three weeks.
Struggling Converse closing plants, moving production
Sneaker-maker Converse Inc., best known for its basketball and "Chuck Taylor" brand shoes, is closing three North American production plants and shifting production to Asia as part of a Chapter 11 bankruptcy reorganization.
Delta won some, lost some in trying to help passengers
The last two months at Delta Air Lines have been a nightmare, as angry pilots and icy weather wrought chaos for hundreds of thousands of passengers.
NTT DoCoMo gains 16 percent of AT&T
NTT DoCoMo Inc., Japan's No. 1 wireless telephone company, completed its $9.8 billion investment in AT&T Wireless Group, gaining 16 percent of the No. 3 U.S. mobile carrier
Page Posted On: Tuesday, January 23, 2001
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