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Stricter asbestos rules are on waiting list... Mine Safety and Health Administration (MSHA) said it "is naturally concerned about the dozens of deaths that have occurred among miners in the Iron Range over the past 10 years." The agency said it is working with mine operators to voluntarily reduce worker exposures. That's not good enough, said J. Davitt McAteer, who headed the federal mine safety agency during the Clinton administration and says mine asbestos regulations should have been strengthened long ago."We have a regulatory system in this country that with regard to safety and health is broken," said McAteer, who blamed rule-making delays on cumbersome, multilayered review requirements. "We doom people even when we know the standard is too low, as we did in the case of asbestos materials."Fibers in the airThe needle-like fibers have repeatedly been detected at the Silver Bay processing plant since 2003, after the agency enhanced its testing program. The only other Iron Range facility that showed an elevated level in tests was Northshore's Babbitt mine in 2003. Ten subsequent samplings in Babbitt were below the proposed safety threshold, the federal data show.Regulators currently can't use the threat of fines to force companies to reduce asbestos levels below the new standard. That isn't about to change anytime soon. Patricia Silvey, director of MSHA's regulations office, said the agency is focused on drafting safety ... Cleveland-Cliffs Announces Convertibility of Preferred Stock...
Cleveland-Cliffs Announces Convertibility of Preferred Stock
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Sign up now! Categories Entertainment Blog Refer this site Reporter 7 News Envoy HelloArticle PR-inside Special Pages Gold Medal Mortage Get the latest news with our RSS feed More information Industries Cleveland-Cliffs Announces Convertibility of Preferred Stock Print article Refer to a friend 2007-03-30 23:01:02 - CLEVELAND, March 30 /PRNewswire-FirstCall/ - Cleveland-Cliffs Inc today announced that, due to the satisfaction of a condition to the conversion right of the holders of its 3.25% redeemable cumulative convertible perpetual preferred stock, the preferred stock may be surrendered for conversion at any time during the fiscal quarter ending June 30, 2007. The condition was satisfied because the closing share price of Cleveland- Cliffs' common shares for at least 20 trading days of the last 30 trading days of the fiscal quarter ending March 31, 2007, exceeded 110% of the then applicable conversion price of the preferred stock. The satisfaction of this condition allows conversion of the preferred stock during the fiscal quarter ending June 30, 2007, only. Conversion may continue after such quarter if certain conditions set forth... Co-workers send ailing man to Final Four... Two surgeries and an invasive form of chemotherapy haven't stopped the disease from spreading. “He is an inspiration to all of us. I can probably count on one hand the number of times he has been down,” co-worker Joyce Robbins said. It's Lawrence’s co-workers who arranged for his free Final Four tickets. They also donated airline miles, hotel points and close to $1,000 in spending money. Their constant support, however, is what means the most. “That has really kept my spirits high and been instrumental with this dreaded disease,” Lawrence said. It's the most difficult match-up of Lawrence’s life. But he's optimistic he will win it. “My attitude has always been I’ve always had this confidence in myself that someone's got to be the first to kick it,” he said. That’s one prediction everyone hopes will come true. Lawrence’s second is that it will be Florida and Georgetown Monday night, with the Gators taking it all. Last Updated: Fri Mar 30 17:03:00 EDT 2007 Mail: P.O. Box 4035, Albany, NY 12204 Phone: 1-800-999-WNYT Email: comments@wnyt.com © Copyright 2007 WNYT-TV, LLC WNYT is an Equal Opportunity Employer Site Developed by Mercury Web Solutions ... 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | All news |