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Keyword: corning

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  • BREAST IMPLANTS SETTLEMENT

    09/20/2002 5:56:49 AM PDT · by NYer · 11 replies · 454+ views
    Associated Press - direct feed. | September 20, 2002
    DETROIT (AP) _ A federal judge has authorized a $9.8 million settlement between Dow Corning and the federal government for medical expenses stemming from breast implant-related injuries. U.S. District Judge Denise Page Hood approved the settlement on Thursday. The federal government sought reimbursement on behalf of the U.S. Department of Defense, Veteran Affairs, Health and Human Services, the Indian Health Service and the Centers for Medicare and Medicaid Services. ``We are pleased to be closer to providing relief to suffering women,'' said Sybil Niden Goldrich, founder and executive director of the Command Trust Network, a group for women with breast...
  • Corning Warns More Cuts Loom

    04/15/2002 4:07:48 PM PDT · by Joe Hadenuf · 19 replies · 178+ views
    AP ^ | 4-15-02
    Corning Warns More Cuts Loom; CEO to Retire The Associated Press Published: Apr 15, 2002 CORNING, N.Y. (AP) - Corning Inc. said first-quarter losses are expected to be smaller than anticipated, but warned Monday that more job cuts and plant closures were imminent. The world's biggest maker of optical fiber and cable used in telecommunications networks also said its president and chief executive, John Loose, 60, will retire April 25 after 38 years with the company. Board chairman James Houghton, 66, will take over as chief executive. Corning, coming off three quarterly losses in a row, said Monday it expects...