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BUSINESS
By JAY HANCOCK | April 23, 2008
Jennifer and Rob Brewington of Glenwood switched to an alternative electricity supplier two years ago, saved a few dollars and figured they would renew when the deal expired in June. That was before they checked the details. "It looks like they're raising the rates," says Jennifer Brewington. "Because they were slightly more reasonably priced than BGE back when I signed up with them, I thought they might continue to be."
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BUSINESS
By Laura McCandlish and Laura McCandlish,Sun Reporter | April 22, 2008
The lingering strike at General Motors Corp.'s chief axle supplier has halted production at GM Powertrain's Baltimore Transmission Plant. About 280 hourly workers have been temporarily laid off at the White Marsh plant, where the manufacturing of transmissions has ceased, GM spokesman John Raut said yesterday. The two-month strike at Detroit-based American Axle & Manufacturing Holdings Inc. has cut production at about 30 GM facilities, or close to half its plants, according to Dan Flores, also a GM spokesman.
NEWS
By New York Times News Service | March 27, 2008
Since 2006, when the insurgency in Afghanistan sharply intensified, the Afghan government has been dependent on American logistics and military support in the war against al-Qaida and the Taliban. But to arm the Afghan forces that it hopes will lead this fight, the U.S. military has relied since early last year on a fledgling company led by a 22-year-old man whose vice president was a licensed masseur. With the award last January of a federal contract worth as much as nearly $300 million, the company, AEY Inc., which operates out of an unmarked office in Miami Beach, Fla., became the main supplier of munitions to Afghanistan's army and police forces.
NEWS
By Jonathan D. Rockoff and Jonathan D. Rockoff,Sun reporter | March 22, 2008
WASHINGTON -- A second American company recalled Heparin products yesterday as China announced that it was clamping down on production of the blood-thinning drug's main ingredient to prevent further cases of contamination. B. Braun Medical Inc. withdrew 23 lots of Heparin products after learning that it had received a contaminated ingredient. The Bethlehem, Pa., company described the recall as precautionary. It said it had not received any reports of side effects, even though the suspect lots have been sold in the United States and Canada.
NEWS
By Jonathan D. Rockoff and Jonathan D. Rockoff,Sun reporter | March 20, 2008
WASHINGTON -- Investigators have moved closer to understanding how a widely used blood thinner killed as many as 19 Americans, identifying the chemical that tainted the Heparin products. Meanwhile, the American companies that made Heparin and its main ingredient blamed suppliers from China for the contamination. The Food and Drug Administration said yesterday that the chemical was a kind of souped-up version of a compound commonly used to treat arthritic joints. The chemical - over-sulfated chondroitin sulfate - is not approved for use in prescription drugs sold in the United States, and it doesn't normally figure in the production of Heparin, FDA officials said.
BUSINESS
By Jamie Smith Hopkins and Jamie Smith Hopkins,SUN REPORTER | March 20, 2008
Shelter Systems, a Westminster company that makes roof and floor trusses, had 220 employees in 2005. Now? Ninety. That's the tough reality for homebuilder suppliers, many of which are feeling the housing downturn as keenly as their clients. Permits for new residential units in the metro area were down 45 percent last year compared with 2005, according to the Baltimore Metropolitan Council, which means a lot less demand for trusses - plus windows, doors, carpeting, countertops and everything else builders need.
NEWS
By Frederick N. Rasmussen and Frederick N. Rasmussen,Sun reporter | March 14, 2008
Edward Stonewall "Eddie" Tochterman, former co-owner of T.G. Tochterman & Sons, the venerable Eastern Avenue tackle shop that has kept fishermen in rods and reels for more than 90 years, died in his sleep Sunday at Oak Crest Village retirement community in Parkville. He was 92. Mr. Tochterman, the son of Thomas G. and Anna K. Tochterman, was born at home at 244 S. Ann St. In 1916, the family moved to 1925 Eastern Ave., where they established a confectionary store. His father, who also worked at the Booth Fishery in the old Marsh Market, used to bring home unsold fish, fresh peelers or soft crabs, and sold them to streetcar-bound fishermen traveling to the Eastern Baltimore County fishing grounds.
BUSINESS
By Allison Connolly and Allison Connolly,Sun reporter | March 8, 2008
More than half of the hourly workers at GM Powertrain's Baltimore Transmission plant will be temporarily furloughed due to a strike at a separate parts supplier that has forced General Motors Corp. to cut production at 19 of its plants, the company said yesterday. The walkout at Detroit-based American Axle & Manufacturing Holdings Inc. means GM doesn't have axles for certain pickup trucks and SUVs. GM spun off American Axle in 1994 and makes up 80 percent of its business. About 27,000 GM workers nationwide are affected by the temporary production cuts.
NEWS
By Jonathan D. Rockoff and Jonathan D. Rockoff,Sun reporter | March 7, 2008
After more reports of serious side effects, the government urged American drugmakers and their suppliers yesterday to test Heparin products for a mysterious chemical that might have killed several users of the widely used blood thinner. The Food and Drug Administration asked the handful of companies that make Heparin products or their main ingredient to conduct the sophisticated tests for the contaminant. The FDA made the request after authorities in Germany warned that Heparin made there was causing a spike in side effects and issued a recall.
BUSINESS
By Cox News Service | March 5, 2008
WASHINGTON -- The Federal Aviation Administration lacks an adequate system for checking the quality of commercial airplane parts, creating a potential safety risk for airline passengers, according to a new oversight report. "Neither manufacturers nor FAA inspectors have provided effective oversight of suppliers; this has allowed substandard parts to enter the aviation supply chain," states a 24-page report from the Transportation Department's inspector general. Federal investigators assessed the oversight of suppliers to the nation's major aircraft manufacturers - Boeing Co., Bombardier Aerospace/Learjet Inc., General Electric Aircraft Engines, Rolls-Royce PLC, Pratt & Whitney and Airbus SAS. They found "widespread deficiencies" at all but one of 21 suppliers who make parts for those companies.
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