Everett Shipyard has secured a $1.82 million contract to overhaul the M/V Spokane, a state superferry. Company president Kevin Quigley said Monday that the vessel will arrive in Everett next month for general repairs, overhaul of its diesel generator and enhancements to its rescue boats. The contract means the company will hire an additional 35 workers, Quigley said. Earlier this year, the company completed work on three other ferries. The Spokane work will be done dockside between Piers 1 and 3 at the Port of Everett.
Hewlett-Packard Co. chief Carly Fiorina claimed victory Tuesday in the nasty proxy fight over the $20 billion purchase of Compaq Computer Corp., but dissident director Walter Hewlett insisted the vote remained too close to call. The claim followed a two-hour shareholder meeting in which Fiorina was booed and Hewlett received a standing ovation as they made last-minute appeals over the fate of what would be the computer industry’s biggest merger. Fiorina, a tenacious manager who has staked her reputation on the merger, told a news conference that HP’s proxy solicitor assured her that shareholders had narrowly approved it. Hewlett, who had led a five-month fight against what he considered an ill-advised deal that would weaken the technology stalwart his father co-founded, called the claim of victory premature.
The government is moving forward with its investigation of online travel company Orbitz LLC, which has been under scrutiny for potentially anti-competitive behavior since its inception nine months ago. The Department of Transportation last week asked Chicago-based Orbitz to provide confidential documents pertaining to its business plans and contracts. The agency’s request, made in a letter dated March 12, also extended to the five airlines that own Orbitz, its business partners and several competitors.
The overseas network of the Arthur Andersen accounting firm has assured potential merger partner KPMG that their union would be immune from any liabilities its U.S. affiliate might incur from the collapse of Enron Corp., senior executives said Tuesday. Andersen Worldwide, the umbrella body for Andersen’s global entities, announced Monday that it was in merger talks with KPMG International, another of the world’s five biggest accounting firms. Executives of Andersen Worldwide’s British business said they hoped the merger would be completed before October. The combined business would be called KPMG.
Herald staff and news services
Talk to us
> Give us your news tips.
> Send us a letter to the editor.
> More Herald contact information.
