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BUSINESS
By Kim Clark | March 28, 1991
The maker of Mitsubishi and MGA brand televisions agreed yesterday to refund customers anywhere from $20 to $54 as a part of a settlement of charges that the company tried to fix retail prices for its televisions in 1988.Maryland Attorney General J. Joseph Curran Jr. said yesterday that Mitsubishi Electronics America Inc. has agreed to create a $7.95 million fund to repay an estimated 600,000 people who bought Mitsubishi and MGA color TVs in 1988. Mr. Curran said he believed 5,000 Marylanders would be eligible for refunds.
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NEWS
By Carrie Wells, The Baltimore Sun | May 11, 2014
A Baltimore man was killed in a car crash Sunday after fleeing from a Maryland State Police trooper in Calvert County, officials said. The man was not immediately identified as authorities worked to notify his relatives. State Police said a trooper, identified as Trooper First Class Shareef Lewis, was monitoring traffic near the intersection of Rt. 4 near Industry Lane in Prince Frederick around 3 p.m. when he noticed a Mitsubishi without a front plate. The trooper attempted to stop the Mitsubishi, which initially pulled onto a shoulder before accelerating and fleeing north along Rt. 4. The trooper followed the car, which drove onto a side road, Main Street, and back onto Rt. 4, swerving back and forth across traffic and going southbound in the northbound lanes of the highway, state police said.
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BUSINESS
By Stephen Manes and Stephen Manes,New York Times News Service | November 17, 1997
WHAT comes to mind when somebody mentions "a hot computer"? Probably not a machine whose manual advises against using it "directly on your lap because it can generate heat enough to cause low-temperature burns" and notes that if you try "to use a smoking or unusually noisy computer system, this could result in a fire or electric shock to you."According to a product manager for the Mobile Computing Division of Mitsubishi Electronics America, a unit of the Mitsubishi Electric Industrial Corp.
NEWS
By Carrie Wells, The Baltimore Sun | March 29, 2014
A man was killed in a car crash in Annapolis early Saturday morning after a bizarre series of events that included a confrontation between the occupants of two cars and a police pursuit. The incident began around 4 a.m. when the driver of a Mitsubishi stopped to help those inside of a disabled car on St. Margarets Drive near Meadow Valley Drive, police said. "For some reason," police said, the occupants of the two cars got into an argument. Nathan Dunn, 19, of Annapolis, one of the occupants of the disabled car, punched and kicked the Mitsubishi's passenger side and the car reversed and struck Dunn, who grabbed the car's rear spoiler and was dragged into the road, police said.
BUSINESS
By New York Times News Service | October 1, 1994
TOKYO -- In a sign that Japan's 4-year-old banking crisis keeps growing worse, Mitsubishi Bank announced yesterday that it was taking a loss of more than $1 billion because of bad debts at two affiliated finance companies that are undergoing their second bailout in a year.Mitsubishi Bank, the sixth-largest bank in the world as well as in Japan, said it was taking a $1.08 billion direct loss on bad real estate loans that the affiliates were selling for less than half their face value.In effect, the bank purchased the loans from the two companies at face value, then sold them at a loss.
NEWS
By Al Haas and Al Haas,Knight-Ridder Newspapers | January 10, 1991
Among other things, Mitsubishi's Galant VR-4 demonstrates how it is possible to completely change the personality of an inexpensive family sedan and double its price in the process.The most inexpensive Galant is a mild-mannered, technologically uninteresting compact four-door with a base price of $10,999. This machine is followed by four progressively more sophisticated and costly Galant models, culminating in the $21,000 VR-4.New for 1991, the high-performance VR-4 sports sedan has about as much in common with the base Galant as Hulk Hogan has with Pee-Wee Herman.
BUSINESS
By M. Dion Thompson | January 16, 1992
Thousands of Marylanders who bought Mitsubishi and MGA televisions in 1988 will receive refunds as part of a $5 million settlement of a price-fixing suit brought by the attorneys general of Maryland and New York.About 140,000 people throughout the nation -- 7,000 of them in Maryland -- will get refunds ranging from $20 to $54 from Mitsubishi.The agreement was signed yesterday by U.S. District Judge Frederic N. Smalkin, who called it "a model of how things should be handled."In the complaint, state officials charged that in 1988 Mitsubishi Electronics America Inc., the U.S. distributor of Mitsubishi and MGA televisions, conspired to fix the price of its televisions.
BUSINESS
By Liz Atwood and Liz Atwood,Evening Sun Staff | March 28, 1991
About 5,000 Marylanders stand to get rebates from Mitsubishi Electronics America Inc. as the result of a settlement of charges that the company unlawfully fixed prices of its television sets.Mitsubishi Electronics America Inc., the United States distributor Mitsubishi and MGA brand televisions, yesterday agreed to refund $7.95 million to consumers nationwide to settle complaints filed against the corporation in U.S. District Court in Baltimore.Maryland Attorney General J. Joseph Curran Jr. said Marylanders who bought certain brands of Mitsubishi and MGA televisions in 1988 will receive refunds ranging from $20 to $54 each.
NEWS
By NEW YORK TIMES NEWS SERVICE | March 5, 2000
MEXICO CITY -- Mexico learned last week that it cannot be half-global. After five years of pressure from an environmental movement that is more transnational every day, the government canceled plans Thursday with Mitsubishi Corp. of Japan to build a gigantic salt plant on the shores of a lagoon where gray whales give birth. It was a decision Mexico never expected to make when the battle began, in the early stages of the country's broad opening to foreign commerce under the 1994 North American Free Trade Agreement.
BUSINESS
By Jim Mateja and Jim Mateja,CHICAGO TRIBUNE | January 6, 2005
Finbarr O'Neill insists he didn't abandon a foundering ship only 16 months after taking over as president and CEO of Mitsubishi Motors North America, the U.S. distributor of the Japanese vehicle line. Yet on Tuesday, the day that Mitsubishi reported a 37 percent decline in new-vehicle sales for 2004, O'Neill resigned to become president and CEO of Reynolds & Reynolds of Dayton, Ohio, which provides data processing, computer, Web site, sales and management training services for the nation's auto dealers.
SPORTS
By PETER SCHMUCK | December 11, 2006
The more I think about the Camden Yards scoreboard dispute, the more it reminds me of what happened when I set out to buy my first high definition television a few months ago. Coincidentally, I settled on a state-of-the-art Mitsubishi 1080p, but I talked to a guy who told me that if I just wait a few more years, I can get a holographic projector that will allow me to actually replace Steve McNair in the huddle and call plays for the Ravens. That's pretty appealing, but my old TV was as dead as the Adam LaRoche deal and I really wanted to see Grey's Anatomy in Hi-Def.
NEWS
By Childs Walker and Childs Walker,SUN REPORTER | December 5, 2006
Like many people this holiday season, the Orioles want a bigger, clearer television screen. Their partners at the Maryland Stadium Authority agree that they need one, but the sides are struggling to agree on the specifications for the screen and on how the bill for this sparkling new feature of Oriole Park at Camden Yards should be divided. The stadium authority voted last week to purchase a $1.5 million Mitsubishi DiamondVision screen that would replace the existing Sony JumboTron. However, the Orioles say they didn't approve the video screen, as is required in the team's lease with the stadium authority.
BUSINESS
By JIM MATEJA and JIM MATEJA,CHICAGO TRIBUNE | July 21, 2006
NORMAL, Ill. -- Shiro Futaki is no stranger to the Mitsubishi plant here. He was the one who set it up in 1985, when it began producing Mitsubishi and Chrysler vehicles in a joint venture known as Diamond Star Motors. What a difference 21 years makes. Chrysler is gone, along with the second shift at the plant and 100,000 units of annual output, as well as the 1,000 workers who produced them. But Futaki is back, charged with making manufacturing more cost-effective in the latest bid to fix what ails the automaker in the United States.
BUSINESS
By Jim Mateja and Jim Mateja,CHICAGO TRIBUNE | January 6, 2005
Finbarr O'Neill insists he didn't abandon a foundering ship only 16 months after taking over as president and CEO of Mitsubishi Motors North America, the U.S. distributor of the Japanese vehicle line. Yet on Tuesday, the day that Mitsubishi reported a 37 percent decline in new-vehicle sales for 2004, O'Neill resigned to become president and CEO of Reynolds & Reynolds of Dayton, Ohio, which provides data processing, computer, Web site, sales and management training services for the nation's auto dealers.
NEWS
By Richard Irwin and Richard Irwin,SUN STAFF | December 29, 2004
One person was killed and two others were injured in a multiple-vehicle crash last night on Belair Road near Gunpowder Falls State Park in Kingsville, Baltimore County police said. The accident occurred shortly before 6 p.m. when the driver of a Mitsubishi heading south in the 12600 block of Belair Road, near New Cut Road, crossed a double-yellow line and crashed into a northbound vehicle, police said. The Mitsubishi - driven by a man whose license had been suspended - then careened onto the parking lot of the nearby Kingsville Tavern and hit two other vehicles, police said.
BUSINESS
By NEW YORK TIMES NEWS SERVICE | August 25, 2004
TOKYO - The biggest takeover battle in Japanese history got even bigger yesterday as Sumitomo Mitsui Financial Group sought to disrupt a rival's expansion plans with a $29 billion hostile bid for UFJ Holdings. Sumitomo Mitsui, Japan's third-largest bank, offered to exchange one share of its stock for each share of UFJ, a bid that values UFJ at about $29.14 billion and represents a 23 percent premium over UFJ's share price yesterday. The offer marked an escalation in the battle for UFJ, the smallest and weakest of Japan's top four banks.
BUSINESS
By JIM MATEJA and JIM MATEJA,CHICAGO TRIBUNE | July 21, 2006
NORMAL, Ill. -- Shiro Futaki is no stranger to the Mitsubishi plant here. He was the one who set it up in 1985, when it began producing Mitsubishi and Chrysler vehicles in a joint venture known as Diamond Star Motors. What a difference 21 years makes. Chrysler is gone, along with the second shift at the plant and 100,000 units of annual output, as well as the 1,000 workers who produced them. But Futaki is back, charged with making manufacturing more cost-effective in the latest bid to fix what ails the automaker in the United States.
NEWS
By Liz Atwood and Liz Atwood,Evening Sun Staff | March 27, 1991
Mitsubishi Electronics America Inc., the United States distributor of Mitsubishi and MGA brand televisions, today agreed to refund $7.95 million to consumers nationwide to settle charges that it unlawfully fixed the retail prices of its television sets.Maryland Attorney General J. Joseph Curran Jr. said about 5,000 Marylanders who bought Mitsubishi and MGA televisions in 1988 will receive refunds ranging from $20 to $54 each.The price-fixing charges were detailed in complaints filed against Mitsubishi in U.S. District Court in Baltimore today.
NEWS
By Julie Bykowicz and Julie Bykowicz,SUN STAFF | July 9, 2004
A driver trying to make a U-turn through a median strip crossover on Interstate 70 yesterday set in motion an accident in which a flatbed truck crushed another car, killing its driver, Maryland State Police said. The overturned truck splayed across the three westbound lanes of I-70, just beyond the Baltimore Beltway, halting traffic in that direction for about five hours and causing miles-long backups in western Baltimore County. Police said the accident happened about 11:30 a.m., when the driver of a white 2001 Mitsubishi Galant made a sharp left turn from the center lane of the westbound side of the highway - across the fast lane - in an effort to use the crossover.
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