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Business News Briefs
Saturday, June 28, 2008
Siemens seeks buyer for Churchill operation

Siemens Power Generation Inc. said yesterday that it wanted to sell its Churchill-based solid oxide fuel cell business. A subsidiary of the German corporation Siemens AG, Siemens Power is seeking a buyer for its fuel-cell research business, which employs 131, because it doesn't fit with Siemens' long-term profitability goals, a company spokesman said.

US Airways eliminating curbside bag check-in

US Airways will end curbside luggage check-in at 34 U.S. airports, including Pittsburgh International, as it adds a $15 fee for each passenger's first bag. At 23 other airports, US Airways will replace contract skycap workers with its own employees, spokesman Morgan Durrant said yesterday. The changes are designed to reduce delays as travelers adjust to the new fee and to comply with terms of a union contract, the airline said in an employee newsletter.

367,000 fax machines being recalled by HP

Hewlett-Packard Co. has agreed to a voluntary recall of about 367,000 fax machines in the United States because an electrical component can cause overheating or fire. The recall involves the Fax 1010 and the Fax 1010xi models, according to a statement yesterday from the U.S. Consumer Product Safety Commission. Retailers and Web sites sold the Chinese-made machines between November 2002 and December 2004 for $130 to $150.

Airline, pilots union OK plan to save jobs

Pilots for American Eagle said yesterday they had agreed with the airline to scale back its job cuts. The union and the company said the agreement includes voluntary leaves of absences and part-time flying for pilots at Eagle, the sister carrier to American Airlines. The deal with the Eagle pilots also calls for 10 aircraft leased to Trans States Airlines to be returned to Eagle beginning early next year, which union officials said could save 100 pilot jobs.

Prominent attorney gets 5-year prison term

Richard "Dickie" Scruggs, who became one of the wealthiest civil lawsuit attorneys in the country by taking on tobacco, asbestos and insurance companies, was sentenced yesterday to five years in prison for conspiring to bribe a judge. U.S. District Judge Neal Biggers Jr. in Oxford, Miss., called Mr. Scruggs' conduct "reprehensible" and fined him $250,000. Mr. Scruggs gained fame in the 1990s by using a corporate insider against tobacco companies in lawsuits that resulted in a $206 billion settlement. That case was portrayed in the 1999 film "The Insider."

CEO of Dick's unit leaving in July

A little more than a year after Findlay retailer Dick's Sporting Goods acquired Minnesota-based Golf Galaxy Inc., the subsidiary's president and chief executive officer is stepping down. Randall K. Zanatta's departure will be effective in mid-July, according to a regulatory filing.

Also in business ...

WCI Steel Inc., the Ohio metals processor that emerged from bankruptcy in 2006, won a judge's ruling that paves the way for its $140 million buyout by OAO Severstal, Russia's largest steelmaker.

First published on June 28, 2008 at 12:00 am