ABB Sees Asbestos Issue Taking Months
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ABB may take months to renegotiate a  $1.2 billion settlement plan to cap potentially ruinous  asbestos claims, the engineer said on Friday after a U.S. court  rejected its initial proposal and its shares plunged.
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Bending to corporate and industry pressure, the Financial Accounting Standards Board has decided to delay by six months the effective date for public companies to implement Statement 123R, its proposed standard that would require companies to expense the
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British Airways says restrictions caused by August's terror alert are still hitting business user numbers.
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The CBI says UK small and medium businesses expect domestic orders to fall in coming months.
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By James Hagengruber, The Spokesman-Review, Spokane, Wash.  Jan. 30--LIBBY, Mont. -- After finishing a shift at the vermiculite mine, Les Skramstad would come home covered in the white dust of asbestos.   He'd find the dust in deep recesses of his wallet.
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BOYCOTTS of James Hardie building products over the company&#39;s handling of asbestos liabilities were beginning to hurt sales in Australia, the company said today.
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LANSING -- People who stripped minerals at a plant in Dearborn between the early 1950s and 1990 were exposed to hazardous levels of asbestos, according to a public health consultation released Tuesday by state and federal officials.
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Petroleum and energy services giant Halliburton Co. on Friday said that a district court judge has signed an order that will allow its settlement of asbestos lawsuits to take effect by the end of this month.
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International buildings materials firm James Hardie is caught in a row over a  compensation fund for asbestos victims which faces administration.
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People who stripped minerals at a plant in Dearborn between the early 1950s and 1990 were exposed to hazardous levels of asbestos, according to a public health consultation released Tuesday by state and federal officials.
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James Hardie Industries NV, Australia&#39;s fourth-biggest building materials maker, agreed to cover an estimated A$1.5 billion ($1.1 billion) shortfall in compensation for sufferers of asbestos diseases.
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Australian building products group James Hardie has agreed to pay $1.1bn (Â£568m) to victims of asbestos-related diseases. The landmark deal could see thousands of people suffering from lung diseases - caused
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HM Revenue and Customs (HMRC) says users of its online service are still experiencing delays filing their tax self-assessment.
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The Financial Accounting Standards Board (FASB) agreed to delay by six months implementation of a rule that will force companies to treat employee stock options as an expense.
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JAMES Hardie executives face criminal charges over the company&#39;s 2001 move to the Netherlands after a government commission found the building company underprovided a fund for asbestos victims by up to $2 billion.
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ABB Ltd. ABBN.VX has resolved asbestos   claims against its U.S. subsidiary Lummus, the Swiss-based   engineering giant said on Friday, putting an end to its   asbestos woes and paving the way for the sale of the unit.
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THOUSANDS of current and future asbestos disease victims could miss out on compensation after the foundation James Hardie Industries set up for the purpose yesterday said it might have to wind up within weeks.