Tuesday, September 16, 2008

Snowboarding goggles

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(Adds details of when Hohn and O'Toole will be seated in third paragraph.)
By
Chad Bray
Of DOW JONES NEWSWIRES
NEW YORK -(Dow Jones)- CSX Corp. (CSX) said Monday it will seat two director nominees put forward by hedge funds seeking to shake up the company's board after a federal appeals court declined to block the funds from voting their shares in a proxy dispute.
The Jacksonville, Fla., railroad operator confirmed Monday that it will seat
Christopher Hohn, managing partner of The Children's Investment Fund Management LLP, or TCI, and
Timothy O'Toole, managing director of London Underground Ltd. and one of a slate of board candidates put forward by TCI and 3G Capital Partners LP.
Hohn and O'Toole will be seated when the company reconvenes its annual meeting on Sept



NORTHAMPTON | Galen Clemons, 18, said during his time at the Northampton Area School District, he has learned achieving goals requires hard work.
'If hard work gets me to where I want to go, how is going on strike an answer?' the high school senior asked the school board Monday. 'What kind of example is being presented if the adults cannot sit down together and come to an agreement?'
On the heels of negotiations that could lead to a teachers' strike, more than 150 members of the Northampton Area School District community packed the high school's cafeteria Monday, several of whom implored both sides to come to an agreement that would prevent the schools from closing.

School officials and the teachers union will return to the bargaining table Wednesday. If an agreement isn't reached, union officials have said they will give the district a deadline to set up a contract or it will strike




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