BRIEFCASE INTERSTATE JET SET TO FLY L.A.-N.Y.Byline: - Staff and Wire Services Interstate Jet announced on Tuesday that it will offer direct service from New York's Stewart International Airport Stewart International Airport (IATA: SWF, ICAO: KSWF) is located near Newburgh, New York, in the southern Hudson Valley, 55 miles (88.5 km) north of New York City. to Los Angeles International Airport “LAX” redirects here. For other uses, see LAX (disambiguation). “KLAX” redirects here. For other uses, see KLAX (disambiguation). Los Angeles International Airport (IATA: LAX, ICAO: KLAX, FAA LID: LAX , beginning April 3. Flights will be daily, except Tuesday, with fares starting at $99 each way and walk-up fares as low as $219 each way. The aircraft is a Boeing 757-200 with 215 seats in single-class configuration. ``Stewart International Airport is ideally positioned to serve the Hudson Valley
The Hudson Valley refers to the canyon of the Hudson River and its adjacent communities in New York State, generally from northern Westchester County northward to the cities of Albany and Troy. market in metro New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and northern New Jersey,'' said Kiran Jain, the airport's general manager of marketing. ``We are delighted that Interstate Jet has chosen Stewart to kick off service to both Baltimore/Washington and now Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. ,'' he said. Farmers, LoJack lock up alliance Los Angeles-based Farmers Insurance Group of Cos. and LoJack Corp. announced on Tuesday an alliance to co-market the LoJack stolen vehicle recovery system. Under terms of the agreement, the companies will work together to promote the LoJack system to Farmers customers. As part of the promotion, Farmers customers will be offered the LoJack system at a discounted price, and purchasers will be eligible for insurance premium discounts, in states where available. LoJack and Farmers Insurance will jointly promote the relationship through various forms of advertising and via an agent referral program. IndyMac's Loeb retires from board PASADENA - IndyMac Bancorp Inc., the holding company for IndyMac Bank Indymac Bancorp, Inc. (NYSE: IMB) (Indymac®) is the holding company for Indymac Bank, F.S.B. (Indymac Bank®), the largest savings and loan in Los Angeles and the 7th largest mortgage originator in the nation. F.S.B., announced on Tuesday the retirement of David S. Loeb as chairman of its board of directors due to health issues. Loeb, a co-founder of IndyMac in 1985 and co-founder of Countrywide Financial Corp. in 1969, has been the chairman of IndyMac since its inception. Loeb, 78, will serve in the honorary capacity of chairman emeritus. IndyMac's board appointed Michael W. Perry Michael W. Perry is the co-host, along with Larry Price, of the conservative Perry & Price show on KSSK-FM in Honolulu, Hawaii. He also hosts the Hawaiian Moving Company television newsmagazine on KGMB in Honolulu. , current vice chairman and chief executive officer, to the additional role of chairman. Perry will relinquish the role of vice chairman. Wyeth is subject of federal probe TRENTON, N.J. - Drug maker Wyeth disclosed Tuesday that the Department of Justice's antitrust division plans to have a grand jury review whether the company colluded with another pharmaceutical firm on certain sales commission rates. Madison, N.J.-based Wyeth, formerly called American Home Products Corp., said in a filing with the Securities and Exchange Commission that the antitrust division has informed Wyeth that it intends to refer to a grand jury an inquiry into alleged ``collusive col·lu·sive adj. Acting in secret to achieve a fraudulent, illegal, or deceitful goal. col·lu  sive·ly adv. practices'' involving another, unidentified, drug company. Wyeth was notified of this in January. Adviser gets 12 years in swindle swindle v. to cheat through trick, device, false statements or other fraudulent methods with the intent to acquire money or property from another to which the swindler is not entitled. Swindling is a crime as one form of theft. (See: fraud, theft) NEW YORK - A former market pundit An expert or knowledgeable person. From "pandit" in Hindi. See guru. who pleaded guilty to swindling the NBA NBA abbr. 1. National Basketball Association 2. National Boxing Association NBA (US) n abbr (= National Basketball Association) → Basketball-Dachverband (= Players Association and other clients out of millions of dollars was sentenced Tuesday to 12 1/2 years in prison by a judge who said he did not see adequate remorse. Disgraced investment adviser Alan Brian Bond, of Upper Montclair, N.J., also was ordered to pay more than $6 million in restitution and $35,000 in fines by U.S. District Court Judge Leonard B. Sand. Bond lost more than $50 million for pension funds he managed while his personal stock portfolio rose more than 5,000 percent. Prosecutors said he allocated his successful trades to his personal portfolio and made his clients absorb all losses. BP to buy stake in Russian firm LONDON - British energy group BP PLC said Tuesday that it plans to pay $6.75 billion for a 50 percent stake in a major new Russian company, pinning its hopes for growth to that country's vast resources of oil and gas. BP and its Russian partners - Alfa Group and Access-Renova - have agreed to combine their interests in Russia to create a new company with 5.2 billion barrels in oil reserves and daily crude production of 1.2 million barrels. |
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