BRIEFCASE CSC WINS ORDER FROM U.S. AGENCY.Byline: - Staff and Wire Services EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and - Computer Sciences Corp. has won an order to provide system maintenance and operations support to the Department of Homeland Security's Bureau of Immigration immigration, entrance of a person (an alien) into a new country for the purpose of establishing permanent residence. Motives for immigration, like those for migration generally, are often economic, although religious or political factors may be very important. and Customs Enforcement. CSC estimates the value of the seven-year order, which has one base year and seven option periods, to be in excess of $88 million if all options are exercised. Under the STARLIGHT Inspections Systems Support task order, CSC will help DHS DHS Department of Homeland Security (USA) DHS Department of Human Services DHS Department of Health Services DHS Demographic and Health Surveys DHS Dirhams (Morocco national currency) meet border security objectives by maintaining and enhancing systems that process travelers as they cross U.S. borders. CSC will integrate and deploy software and hardware-embedded systems that enhance security and improve the legitimate flow of people and commerce. BICE n. 1. (Paint.) A pale blue pigment, prepared from the native blue carbonate of copper, or from smalt; - called also blue bice ltname>. Green bice is prepared from the blue, by adding yellow orpiment, or by grinding down the green carbonate of copper. - Cooley. , sometimes referred to as ICE, was formerly known as the Immigration and Naturalization Service Noun 1. Immigration and Naturalization Service - an agency in the Department of Justice that enforces laws and regulations for the admission of foreign-born persons to the United States INS . Former officials OK settlement WASHINGTON - Two former top executives of Waste Management Inc. have agreed to pay a total of $4.2 million to settle federal allegations of insider trading and making public statements about the company that were false or misleading, under a deal announced Wednesday. The Houston-based company, which grew from modest beginnings into a trash-hauling industry giant, saw its stock price and reputation damaged by an accounting scandal in 1998-99 that also ensnared now-fallen accounting firm Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing LLP LLP - Lower Layer Protocol . Rodney Proto, who was the company's president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , and Earl DeFrates, a former chief financial officer, also were banned for five years from acting as an officer or director of any publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. in their settlements with the SEC. Proto is paying about $3.7 million, and DeFrates, $482,779, in the accords, in which neither admitted to nor denied the SEC's allegations. Teamsters Teamsters large, powerful union of U. S. truckers. [Am. Hist.: NCE, 2703] See : Labor reach tentative contract WASHINGTON - The Teamsters union reached a tentative, five-year agreement Wednesday with Anheuser-Busch Cos. that would provide yearly raises and continue free health insurance for about 7,500 brewery workers. The agreement, which requires approval by members, resulted from negotiations that had begun in August with little fanfare. If the deal is approved, increases in wages and pensions would occur immediately for bottlers, distillers, truck drivers and mechanics, even though the current contract does not expire until the end of February. The climate surrounding this year's talks was markedly improved over the previous negotiations. Merck to cut jobs after earnings dip Merck & Co. will cut 4,400 jobs as it restructures in the face of disappointing profits, the company said Wednesday. The Whitehouse Station-based drug maker, one of New Jersey's biggest employers, said the cuts would be across the board and did not specify which locations or departments would be hit. Merck employs 63,000 people worldwide and about 8,300 in New Jersey. The company made the announcement as it posted slightly lower earnings per share for the third quarter and also reduced its expectations for the year as key products failed to live up to the company's projections. ``Our major products are competing well in the respective categories and growing overall,'' Merck Chief Executive Officer Ray Gilmartin told analysts on a conference call. ``However, overall, our products have not met the challenging revenue targets that we believe were achievable.'' Shares of Merck sank 6.5 percent on a gloomy earnings day for the pharmaceutical industry, as drug stocks fell widely. |
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