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Pennsylvania Shares in $22.7 Settlement with Medco
Monday, April 26, 2004HARRISBURG, Pa. -- State Attorney General Jerry Pappert today announced that Pennsylvania and 19 other states have reached a $22.7 million settlement with the nation's largest pharmacy benefits manager, Medco Health Solutions Inc., to resolve allegations that the company switched patients to different prescription drugs but failed at times to pass the savings on to the patients or health plans.In addition, Medco will pay $20.2 million to the states and $2.5 million to patients who incurred expenses related to a certain switch between cholesterol-controlling drugs, Pappert says.
Online Commentary: Male-Dominated WKBN-AM Fails Obligation to Serve Public Interest of Women
Monday, April 26, 2004By Pat SpringerYOUNGSTOWN, Ohio -- The morning wakeup ritual seldom varies. Pour a cup of fresh-brewed coffee, feed the cats, and listen to the latest news headlines on the radio.The station of choice varies. As someone who works in the advertising and media industry, I invariably tune to different stations to stay abreast of formats, personalities and talk.Early this morning, the dial was set to WKBN-AM where after the 6:30 a.m. news, I heard the on-air host, Robert Mangino comment on the previous day's abortion rights march in Washington. I thought I was still asleep and dreaming.
Affluent Consumer Confidence Reaches Highest Levels
Monday, April 26, 2004CLEVELAND -- Although optimism among affluent Americans regarding the overall state of the economy reached its highest level in six straight quarters -- according to the latest McDonald Financial Group Affluent Consumer Confidence Index released today -- affluent confidence in the future of the national economy dropped for the first time since the Index began in January 2003.
Ohio Receives More Than $313 Million in Tobacco Payments
Monday, April 26, 2004COLUMBUS, Ohio -- Ohio has received its second payment under the 1998 tobacco Master Settlement Agreement, reports state Attorney General Jim Petro. The Buckeye State received $11,731,698, making the total 2004 payment for Ohio $313,142,945."There are several reasons why this payment is lower than in previous years, including increased sales by companies that didn't join the settlement and because fewer people are smoking today," Petro notes.
Modest Majority Believes Invasion of Iraq Has Not Helped Protect U.S.
Monday, April 26, 2004ROCHESTER, N.Y.
Adelphia to Explore Possible Sale of Company
Monday, April 26, 2004NEW YORK -- Adelphia Communications Corp., the fifth largest cable TV company in the United States, will explore a possible sale of the company as part of a plan of reorganization, officials announced recently.The company intends to determine whether a sale process will deliver greater value to the company's constituencies than the value proposed by the company's original proposed plan of reorganization filed Feb. 25, which currently contemplates Adelphia's emergence from Chapter 11 as an independent entity.
Net Income is $9.2 Million at Stoneridge Inc.
Monday, April 26, 2004WARREN, Ohio -- Net sales at Stoneridge Inc. increased 10.3%to $176 million and net income jumped 32.5% to $9.2 million, or 40 cents per diluted share, for the first quarter, officials announced last week. The results are in comparison with the first quarter of 2003.The increase in sales was primarily due to increased orders in the company's commercial vehicle businesses and, to a lesser extent, favorable foreign currency translation.""The strength of Stoneridge's business model, to serve diverse customers and markets, was apparent in our first-quarter results,"" says D.M.
Group Presses For Truth in Cell Phone Billing
Friday, April 23, 2004WASHINGTON -- A consumer advocacy group is pushing federal regulators to force cellular telephone providers to clear up their billing practices. The National Association of State Utility Consumer Advocates filed a petition with the Federal Communications Commission on March 30 demanding the FCC take a more active role in regulating what the association contends are misleading charges on monthly wireless bills. The group is composed of 44 government officials and consumer advocates in 42 states and the District of Columbia.
Show Them the Money
Friday, April 23, 2004MENLO PARK, CA -- It may not buy happiness, but money is top of mind for employees today, according to a recent survey. Nearly half of workers -- 48 percent -- polled said what they want most at work is a bonus or raise. More time off ranked second, with 24 percent of the response, followed by additional support at the office, with 17 percent. The survey was developed by OfficeTeam, a staffing service specializing in administrative professionals. It was conducted by an independent research firm and includes responses from 571 men and women, all 18 years of age or older and employed.
Local Group Organizes Gathering of Leadership Programs
Friday, April 23, 2004ROOTSTOWN, Ohio -- Youngstown State University President David Sweet and Hunter Morrison, director of YSU's Center for Urban and Regional Studies, are among the scheduled presenters at a conference next week for 13 Northeast Ohio community leadership programs.The Leadership Mahoning Valley class will be among the 400 participants of 13 Northeast Ohio community leadership programs will meet April 29 at the Northeastern Ohio Universities College of Medicine's Ralph Regula Conference Center in Rootstown, the first combined meeting of this many leadership programs in the country.