NEWS
By Frederick N. Rasmussen | May 9, 2009
Jennis Roy Galloway, a retired Union Carbide Corp. executive and decorated World War II veteran, died of cancer May 1 at Mandrin Hospice House in Harwood. He was 94. Mr. Galloway was born in Baltimore and raised on Lyndhurst Avenue. He was a 1932 graduate of Forest Park High School. After earning a bachelor's degree in mechanical engineering from the Johns Hopkins University in 1937, he went to work for National Carbon Co., a division of Union Carbide. Mr. Galloway was sent to the Dutch East Indies, where he was plant manager of the company's Eveready battery plant in Batavia.
NEWS
By NEW YORK TIMES NEWS SERVICE | July 20, 2004
NEW DELHI, India - Ending a long legal struggle for victims of a catastrophic gas leak in Bhopal that killed at least 5,000 people, India's Supreme Court ruled yesterday that $330 million in compensation should be distributed directly to the victims and no longer held by the Indian government. The leak in 1984 at a plant run by Union Carbide Corp. was one of the worst industrial accidents in history, immediately killing 3,000 people and injuring 105,000. Indian officials are still pursuing criminal charges against the company's then-chairman, Warren Anderson, who is now in his early 80s living a low-profile retirement on Long Island and in Florida.
NEWS
By JAY HANCOCK | June 16, 2002
THE DOW JONES industrial average turned south recently and again fled what the wire services like to call the "psychologically important" 10,000 latitude, but don't choke on your Cheerios. The Dow is art, not science. A few ill-timed daubs by the Renoirs at The Wall Street Journal, which owns the Dow, are the only reason the famous stock index is frequenting the pool halls and shot houses deep in the four-figure neighborhood instead of the tonier places close to the border. In late 1999, just in time for the crash in technology stocks, the Dow "bought" computer companies Microsoft and Intel and "sold" old-economy stalwarts Sears and Chevron.
NEWS
By NEW YORK TIMES NEWS SERVICE | March 5, 2000
Warren M. Anderson, chairman of Union Carbide Corp. during the 1984 chemical disaster at Bhopal, India, has apparently gone into hiding to avoid a summons to appear in a New York federal court as part of civil proceedings against him and the company, say lawyers who have hired a private investigator to locate Anderson. Several attempts to deliver a summons to Anderson's last known address in Florida have failed, and the property appears to be vacant, the lawyers say. Union Carbide has declined to accept a summons on behalf of Anderson or to disclose his present location, said Kenneth F. McCallion, the lawyer who initiated the civil case.
NEWS
December 18, 1999
Hyperactivity's cause not behavioral drugsAs a pediatrician, I take issue with the Colorado Board of Education's resolution discouraging the use of medication to manage attention deficit and hyperactivity disorder (ADHD) and associated behavioral disorders ("Kids' behavioral drugs at issue," Nov. 25).The "Colorado Solution," to use "discipline and instruction" rather than medication for such disorders, is an impulsive reaction to a complex issue -- and is itself the type of thinking that often characterizes ADHD.
NEWS
By Amanda J. Crawford and Bill Atkinson | October 31, 1999
EFFECTIVE tomorrow, the Dow Jones Industrial Average will sport four new companies, Microsoft, Intel, Home Depot and SBC Communications, which will replace longtime members Sears, Goodyear Tire & Rubber, Chevron and Union Carbide. While many hailed the change as a better yardstick of a shifting economy, others claimed it was simply a method of pumping up the index by removing companies in decline or in declining industries.Are Sears, Goodyear, Union Carbide and Chevron, in effect, has-beens?
NEWS
September 8, 1999
Martin Saia Jr., 51, brewer, dog loverMartin Saia Jr., a retired brewer and dog lover, died Sunday of renal failure at Harbor Hospital Center. The Catonsville resident was 51.Mr. Saia began his career in 1973 at the old National Brewing Co. facility in Lansdowne and remained there under its subsequent owners, Carling Brewing Co. and G. Heileman Brewing Co. He retired in 1996, the year that Heileman closed the brewery.A South Baltimore native, Mr. Saia was a 1965 graduate of Southern High School and served with the Army in Vietnam from 1969 to 1971.
NEWS
By BLOOMBERG NEWS | December 9, 1998
NEW YORK -- U.S. stocks fell for the first time in three days, led by Procter & Gamble Co. and other companies that depend on exports, after Union Carbide Corp. warned that slow Asian sales will crimp its fourth-quarter earnings.The Dow Jones industrial average fell 42.49, to 9,027.98, paring an earlier 124-point loss. Procter & Gamble accounted for one-third of the decline.The Standard & Poor's 500 index dropped 6.32, to 1,181.38, and the Nasdaq composite index declined 5.89, to 2,034.75.
NEWS
By BLOOMBERG NEWS | September 20, 1997
NEW YORK -- U.S. stocks were mixed yesterday as rising bank and consumer issues softened the blow delivered by Union Carbide Corp., which warned of weak sales ahead."
NEWS
By BLOOMBERG BUSINESS NEWS | January 31, 1996
NEW YORK -- U.S. stocks rallied to records yesterday, fed by unexpectedly strong earnings from General Motors Corp. and the prospect of lower interest rates. The Dow Jones industrial average posted its biggest gain in eight months.GM's report buttressed three weeks of better-than-expected profits from many of the country's leading companies, spurring optimism that profit growth will keep expanding this year.The Dow industrials surged 76.23, to 5,381.21, their fifth high in seven days. The last time the 30-stock average gained as much in percentage terms was May 31, when it shot up 1.98 percent on a bet that the economy was on the brink of recovery.