Word: unloads
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...April truce between Silverstein and the Port Authority resolves most of those turf issues. Silverstein gets to unload the Freedom Tower, widely seen as a white elephant and a money loser. Pataki can claim that construction is moving forward, in time for his expected presidential bid. Bloomberg, who has long pushed for adding residential space, will probably get that with Tower 5. There are yet some issues on the table, but the agreement was enough to clear the way for construction on the Freedom Tower to begin April...
...were told that buses are carrying only 15% of the usual volume of riders," said Sanbrano. She also received reports that at the city's big wholesale produce market downtown, the L.A. Terminal, sales activity was light, with many out-of-state truckers arriving to find no one to unload their cargo and few buyers. The USDA Agricultural Marketing Service later reported that sales were down between 75% and 95% compared to a normal Monday...
...Bridgeville won fame as the first town to be auctioned on eBay in 2002, with a winning bid of $1.77 million. The sellers turned to the Internet auction site after real estate agents couldn't unload the unincorporated town - with no grocery store, gas station or restaurant - that's accessible only from a two-lane highway. But the eBay buyer vanished after discovering during a visit that the spot 260 miles north of San Francisco was teaming with abandoned shacks, garbage and decrepit buildings. After a succession of spooked online buyers also backed away, Bruce Krall, a commercial mortgage banker...
Congress idly watched United Airlines and USAirways unload their pension obligations on the PBGC. Now Delta and Northwest are positioned to do the same. That increases the likelihood that other old-line carriers like American and Continental will be forced to do likewise. Northwest's CEO, Douglas Steenland, bluntly told the Senate Finance Committee last June, "Northwest has concluded that defined-benefit plans simply do not work for an industry that is as competitive and vulnerable from forces ranging from terrorism to international oil prices that are largely beyond its control, as is the airline industry." In that, he merely...
...then, Polaroid's shares were virtually worthless, having plummeted from $60 in 1997 to less than the price of a Coke in October 2001. During that period, employees were forbidden to unload their stock, based on laws approved by Congress. But what employees weren't allowed to do at a higher price, the company-appointed trustee could do at the lowest possible price--without even seeking the workers' permission. Rather than wait for a possible return to profitability through restructuring, the trustee decided that it was "in the best interests" of the employees to sell the ESOP shares. They went...