REGION



REGION
Board OKs loan
COLUMBUS -- The State Controlling Board has approved a $150,000 loan for Wetzel Inc., a warehouse and servicing company serving Warren-based Delphi Packard Electric Systems. The type of loan the board approved comes from the Ohio Department of Development and may be used for land and building acquisition, expansion or renovation, or equipment purchases.
NATION
Sony to unveilnext PlayStation
SAN JOSE, Calif. -- Sony Corp. says it expects to demonstrate a working version of its next-generation PlayStation video game console at a trade show next May.
Sony has been secretive about its next-generation consoles because of stiff competition from rivals Microsoft Corp. of the United States and Japan's Nintendo Co.
To date, Sony has not specified a launch date for the follow-up to the popular PlayStation 2, but company officials in Tokyo on Monday told reporters they'll unveil more details about the highly anticipated product by the end of its fiscal year in March.
Company wants MCI stock
NEW YORK -- MCI Inc. disclosed Monday that Leucadia National Corp., a holding company with other telecom assets, is seeking antitrust clearance to buy more than 50 percent of MCI's stock for an estimated $2.8 billion.
The news sent MCI shares up 17 percent.
From Vindicator staff and wire reports