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Thyssen Krupp May Build American Steelworks If Dofasco Deal Dies

Dofasco is controlled by Arcelor, the company taken over by Indian steel baron Lakshmi Mittal to form the world's biggest steel group. Thyssen Krupp, which seeks to expand in North America, asserts it has a binding contract to buy Dofasco. A spokesman said opportunities to build a new mill were being reviewed and declined comment on remarks by Arcelor chief financial officer Gonzalo Urquijo that a sale of Dofasco to Thyssen Krupp was no longer possible. In Luxembourg, Urquijo told reporters, "We'll keep Dofasco, because it can't be sold." Dofasco's shares are controlled by a Dutch trust. Mittal Steel's chief financial officer Aditya Mittal, son of the baron, added that Mittal has no obligations to Thyssen Krupp. 2006 DPA .


Mestothelioma Cancer

Winnick died Saturday at a hospice in Manhasset, on Long Island. The cause of death was mesothelioma, a type of lung cancer that his daughter Pamela Winnick attributed to exposure to asbestos when he worked in the Brooklyn Navy Yard during World War II.

Winnick was born in Romania and came to Brooklyn when he was 1. He graduated from Brooklyn College and earned a graduate degree in economics at Columbia University.

He worked for the New York City Planning Commission and the Housing and Redevelopment Board before joining the Ford Foundation in 1962. He served as deputy vice president in the national affairs division from 1968 to 1986.

Winnick played a major role in the foundation\'s effort to channel resources into housing, community renewal and minority enterprise following the turbulence of the late 1960s.


Union leader represents more than labor in state

BIRDS LANDING - With a cigar between his lips and a shotgun slung over his shoulder, state labor leader and Contra Costa native Jim Kellogg is the very picture of a man's man.

In the testosterone-charged morning, Kellogg joined 90 shooters blasting away at fist-sized clay discs whirring over the grassy landscape in this Central Valley hunting preserve.

"After we're done shooting, I'll have a beer and then I'll be a real man," joked Kellogg, a tall and well-built 62-year-old wearing blue jeans and a state Fish and Game T-shirt and cap.

The scene, like Kellogg, is deceptively simple.

"People have a tendency to underestimate Jim," said longtime friend and Contra Costa Supervisor Mark DeSaulnier. "He doesn't say much and he doesn't have a formal education.


ECONOMIC FORUM / Social responsibility not just saying sorry

The number of cases of carbon monoxide poisoning allegedly caused by Paloma Industries Ltd.'s water heaters has risen to 27--an increase of 10 cases from the previous figure released by the Economy, Trade and Industry Ministry. The death toll in the case has now risen to 21.

The disclosure of the incidents was followed by the Kumamoto prefectural police's move against Toyota Motor Corp.

The police have sent documents to public prosecutors pertaining to three Toyota employees suspected of professional negligence resulting in the injuries of five people. Specifically, the police charged the trio with failing to recall defective vehicles in the Hilux series.

In the Paloma case, the real cause of the CO poisoning tragedies remains unknown.

In the case of Toyota, its president, Katsuaki Watanabe, bowed deeply and said, "I would like to offer my sincere apology for worrying our customers and the trouble it has caused." However, he stopped short of taking any personal responsibility.


Economist Louis Winnick Dies at 85

Louis Winnick, an economist who helped guide the investments of the Ford Foundation and promoted low-income home ownership, has died. He was 85.

Winnick died Saturday at a hospice in Manhasset, on Long Island. The cause of death was mesothelioma, a type of lung cancer that his daughter Pamela Winnick attributed to exposure to asbestos when he worked in the Brooklyn Navy Yard during World War II.

Winnick was born in Romania and came to Brooklyn when he was 1. He graduated from Brooklyn College and earned a graduate degree in economics at Columbia University.

He worked for the New York City Planning Commission and the Housing and Redevelopment Board before joining the Ford Foundation in 1962. He served as deputy vice president in the national affairs division from 1968 to 1986.



 

 

 

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