Knight Ridder/Tribune Business News back issues from Wednesday, April 8:
NationsBank to Close 24 Branches in Central Florida.
Apr 08, 1998 ...By Barry Flynn, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News Apr. 8--NationsBank Corp. plans to close nearly twice as many of its own branches in Central Florida as it does Barnett Banks Inc. offices when it merges the two banks' operations in October. ...
The Orange County Register, Calif., Off the Hook Column.
Apr 08, 1998 ...By Leslie Gornstein, The Orange County Register, Calif. Knight Ridder/Tribune Business News Apr. 8--Gather 'round, children, and I'll take you to a magical and exotic place -- one where the laws of mathematics hold no sway and even the simplest of economic principles holds ...
Macintosh Still Offers a Good Argument for Remaining Loyal.
Apr 08, 1998 ...By Leslie Gornstein, The Orange County Register, Calif. Knight Ridder/Tribune Business News Apr. 8--The debate has raged almost since the birth of the personal computer: Should you buy an Apple or an IBM-compatible PC? But 1998 brings even more confusion than ...
General Motors again on Top of Fortune 500 List.
Apr 08, 1998 ...By Carol Teegardin, Detroit Free Press Knight Ridder/Tribune Business News DETROIT--Apr. 8--For the 10th year in a row, General Motors Corp. captured the top slot on the Fortune 500 list of the nation's biggest companies. Leading the 1997 pack with revenues ...
New Albany, Ind., Firm Specializes in Tanning High-End Hides.
Apr 08, 1998 ...By Tom Chiat, The Indianapolis Star and News Knight Ridder/Tribune Business News NEW ALBANY, Ind--Apr. 8--Jim Head starts each workday facing employees who want to tan his hide. It doesn't bother him. He expects it. Head's 70 employees tan ...
Younger Buyers Drive Lincoln-Mercury's New Model Design.
Apr 08, 1998 ...By Rachel Konrad, Detroit Free Press Knight Ridder/Tribune Business News NEW YORK--Apr. 8--Lincoln-Mercury is to unveil a completely new model today designed to put its sales in the sun -- even before the division leaves Ford Motor Co.'s Dearborn nest for California shores ...
Indiana Insurance Company's Dutch Parent Looking to Sell.
Apr 08, 1998 ...By Peter Key, The Indianapolis Star and News Knight Ridder/Tribune Business News Apr. 8--Indiana Insurance Co.'s Dutch parent is looking into selling it and an affiliated company. ING Groep N.V., an international bank and insurer headquartered in The ...
Ford Stock Drops as Associates is Spun Off.
Apr 08, 1998 ...By Jennifer Bott, Detroit Free Press Knight Ridder/Tribune Business News DETROIT--Apr. 8--Ford Motor Co. shareholders woke today to a 33-percent drop in the price of their stock. Although expected, the price plunge, from $65.50 per share at the close of trading ...
Lexington, Ky., Phone Firm Seeks to Open Re-Seller Service.
Apr 08, 1998 ...By Jamie Butters, Lexington Herald-Leader, Ky. Knight Ridder/Tribune Business News Apr. 8--A "disconnected or no longer in service" message -- the one that opens with the "doo-doo-DEE" beeps -- usually means the person you called has moved. It also can mean the ...
General Motors Plant in Flint, Mich., to Employ 700.
Apr 08, 1998 ...By Ted Evanoff, Detroit Free Press Knight Ridder/Tribune Business News DETROIT--Apr. 8--General Motors Corp. confirmed Tuesday it will build a $500-million engine plant in Flint, preserving 700 jobs in a city where GM has sharply scaled back employment over the years. ...
The Dallas Morning News Ideas at Work Column.
Apr 08, 1998 ...By Cheryl Hall, The Dallas Morning News Knight Ridder/Tribune Business News Apr. 8--Mark Foley does mind-boggling things with duct tape stuck to toilet paper. He sprinkles a few drops of his company's"un-du" adhesive remover, then gently lifts off the gummy, ...
The Orange County Register, Calif., Business Briefs Column.
Apr 08, 1998 ...The Orange County Register, Calif. Knight Ridder/Tribune Business News Apr. 8--BAUSCH & LOMB CLEARED IN FRENCH PATENT INFRINGEMENT CASE: A French appeals court said Tuesday that Bausch & Lomb did not infringe on a design patent held by rival sunglass maker Oakley Inc., ...
Irvine Mobile-Home Park Purchased by Nonprofit.
Apr 08, 1998 ...By Andrew LePage, The Orange County Register, Calif. Knight Ridder/Tribune Business News Apr. 8--The nonprofit Jamboree Housing Corp. expected to close escrow Tuesday on its $26.1 million purchase of The Meadows mobile-home park in Irvine -- marking a victory for tenants. ...
Conseco Agrees to Buy Green Tree Financial Corp.
Apr 08, 1998 ...By Jim McCartney, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News Apr. 8--No, big-league slugger Jose Canseco did not agree to buy one of St. Paul's biggest employers Tuesday. It was Conseco Inc., which has quietly grown into one of the ...
Jury Selected for Koch vs. Koch Fraud Trial in Kansas.
Apr 08, 1998 ...The Wichita Eagle, Kan. Knight Ridder/Tribune Business News Apr. 8--A six-man, six-woman jury was selected today to decide Bill Koch's $1 billion fraud lawsuit against Koch Industries Inc. and its top management, including Charles and David Koch, Bill's brothers. ...
Conseco Unclear on Fate of Green Tree's Minnesota Headquarters.
Apr 08, 1998 ...By Aron Kahn, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News Apr. 8--The top executives at the parent company came all the way from Indiana to adopt a Minnesota-grown business. The question is, will they take it home with them? In ...
Rhode Island, Developer to Build 4,150 Airport Parking Spaces.
Apr 08, 1998 ...By Ellen Liberman, Providence Journal-Bulletin, R.I. Knight Ridder/Tribune Business News WARWICK, R.I.--Apr. 8--After 10 months of negotiations, the state Airport Corporation and a private developer have decided there is enough to go around -- enough profit margin to operate ...
Two Construction Management Firms Sue Pennsylvania Convention Center.
Apr 08, 1998 ...By Chris Schneidmiller, The Times Leader, Wilkes-Barre, Pa. Knight Ridder/Tribune Business News WILKES-BARRE, Pa.--Apr. 8--Two construction management companies are suing the Luzerne County Convention Center Authority for more than $500,000, claiming it reneged on a promise ...
Republic Engineered Steel Seeks to Stop Union Workers' Sit-In.
Apr 08, 1998 ...By David Adams, Akron Beacon Journal, Ohio Knight Ridder/Tribune Business News MASSILLON, Ohio--Apr. 8--A decade ago, union employees of Republic Engineered Steels dug deep in their pockets to put up the cash needed to bail out the troubled company. Tuesday ...
Florida Power & Light will Spend $20M to solve Y2K Computer Malfunction.
Apr 08, 1998 ...By Phil Long, The Miami Herald Knight Ridder/Tribune Business News Apr. 8--Florida Power and Light Co. will spend $20 million and press scores of people into action between now and the end of 1999 to address the Year 2000 computer problem. Dennis Klinger, the ...
Carlisle, Pa., Expects Proposal for New Kohl's Department Store.
Apr 08, 1998 ...By Elizabeth Gibson, The Patriot-News, Harrisburg, Pa. Knight Ridder/Tribune Business News CARLISLE, Pa.--Apr. 8--Silver Spring Twp. supervisors today are expected to get a proposal for a Kohl's department store on the Silver Springs Drive-In Theater property along the ...
Waldron Sues Ex-Employees Who Made Shopping.com Accusations.
Apr 08, 1998 ...By Jay Greene, The Orange County Register, Calif. Knight Ridder/Tribune Business News IRVINE--Apr. 8--Waldron & Co., the investment banker of embattled Shopping.com, sued five former employees for $10 million, claiming defamation. The suit, filed late Monday in ...
Fairlawn, Ohio, Based Gencorp Makes Overseas Purchase.
Apr 08, 1998 ...By Mary Vanac, Akron Beacon Journal, Ohio Knight Ridder/Tribune Business News FAIRLAWN, Ohio--Apr. 8--Fairlawn's GenCorp Inc. has agreed to buy the commercial wall covering business from Walker Greenbank Plc. near London for an estimated $117 million, giving the local company ...
St. Louis, Mo., Jobs Hang on Air Force Contract Decision.
Apr 08, 1998 ...By Philip Dine, St. Louis Post-Dispatch Knight Ridder/Tribune Business News WASHINGTON--Apr. 8--St. Louis jobs will hang in the balance Thursday when the Air Force decides whether Boeing Co. or Lockheed Martin Corp. gets to build up to $3 billion worth of stealth cruise ...
Florida's Muvico Builds Distinctive, Flashy Theaters.
Apr 08, 1998 ...By Mark Albright, St. Petersburg Times, Fla. Knight Ridder/Tribune Business News FORT LAUDERDALE, Fla.--Apr. 8--Hamid Hashemi's new theater in Pompano Beach pays homage to drive-in movies with a stainless-steel diner concession stand surrounded by seven vintage 1950s cars. ...
Florida Power Company Plans Rate Discounts to Attract Industries.
Apr 08, 1998 ...By Peter Wallsten, St. Petersburg Times, Fla. Knight Ridder/Tribune Business News TALLAHASSEE, Fla.--Apr. 8--In a move that could push Florida closer to competition in the electric industry, the state's largest power company is poised to woo new industrial customers with ...
Pacific Gas & Electric to Spend More on Maintenance.
Apr 08, 1998 ...By George Avalos, Contra Costa Times, Walnut Creek, Calif. Knight Ridder/Tribune Business News Apr. 8--A group of small-business owners warned Tuesday that a Pacific Gas & Electric plan to accelerate maintenance of its power system could shove electric and gas rates higher ...
Landmark Claremont Hotel Sold in California.
Apr 08, 1998 ...By Psyche Pascual, Contra Costa Times, Walnut Creek, Calif. Knight Ridder/Tribune Business News OAKLAND--Apr. 8--Only a day after sealing an agreement to purchase the historic Claremont Resort & Spa, KSL Recreation Corp. officials on Tuesday said the company plans to spend $5 ...
Supermarkets Band Together to Beef Up Security Measures, Awareness.
Apr 08, 1998 ...By Jessica Guynn, Contra Costa Times, Walnut Creek, Calif. Knight Ridder/Tribune Business News BERKELEY--Apr. 8--On a sunny morning outside a neighborhood supermarket, two men dressed in dark clothes and sunglasses and wielding automatic weapons confront a Loomis Fargo & Co ....
Kingston, Pa., Area Contractor Invents Job Aid.
Apr 08, 1998 ...By Brian Malina, The Times Leader, Wilkes-Barre, Pa. Knight Ridder/Tribune Business News KINGSTON--Apr. 8--Who says inventions for the 21st century have to be high tech? Local contractor Ronald Hungarter has used tape, chalk and string to create a roofing ...
Pennsylvania Court Upholds Ruling on Trash Collection.
Apr 08, 1998 ...The Times Leader, Wilkes-Barre, Pa. Knight Ridder/Tribune Business News HANOVER TWP., Pa.--Apr. 8--A Commonwealth Court ruling has upheld an injunction barring the township from collecting trash at Marion Terrace apartments. A Luzerne County judge's order in ...
Williamsburg, Va., Ad Man Works on Web, in Print.
Apr 08, 1998 ...By Joanne Kimberlin, Daily Press, Newport News, Va. Knight Ridder/Tribune Business News WILLIAMSBURG, Va.--Apr. 8--You might not know Bobby Oller, but there's a good chance that you know his work. Oller's an ad man, a guy who helps a long list of clients hawk ...
Rite Aid Founding Family Fights Motorsport Firm's Anti-Takeover Defense.
Apr 08, 1998 ...By Tom Dochat, The Patriot-News, Harrisburg, Pa. Knight Ridder/Tribune Business News Apr. 8--Golden Cycle LLC, the company formed by Alex and Roger Grass to buy stock in Global Motorsport Group Inc., filed a lawsuit Tuesday in a Delaware court to prevent Global Motorsport ...
Concert Promoter Inks Deal that Lights Up Harveys Lake, Pa., Amphitheater.
Apr 08, 1998 ...By Alan K. Stout, The Times Leader, Wilkes-Barre, Pa. Knight Ridder/Tribune Business News HARVEYS LAKE--Apr. 8--Look out Montage, The Bud Light Amphitheatre just flexed its musical muscle. Local concert promoter Thom Greco has announced a partnership with New ...
Pennsylvania Judge Allows Recovery Costs For PP&L's Transition to Market.
Apr 08, 1998 ...By David DeKok, The Patriot-News, Harrisburg, Pa. Knight Ridder/Tribune Business News Apr. 8--A Pennsylvania Public Utility Commission administrative law judge has recommended that PP&L Resources Inc. be allowed to recover between $3.2 billion and $4 billion in stranded costs ...
Florid Public Service Commission Report Criticizes BellSouth Service Problems.
Apr 08, 1998 ...By David Poppe, The Miami Herald Knight Ridder/Tribune Business NewsApr. 8--A new Florida Public Service Commission report says BellSouth missed regulatory standards for answering repair calls promptly, getting new subscribers' phone numbers working on time and rebating ...
Westinghouse Power Generation of Orlando, Fla., Wins $50 Million Contract.
Apr 08, 1998 ...The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News Apr. 8--Westinghouse Power Generation of Orlando has received a $50 million contract to provide power-plant systems to U.S. Generating Co. of Bethesda, Md., for its Millennium Power Project in Charlton, Mass. The ...
Tallahassee Democrat, Fla., Company Profile Column.
Apr 08, 1998 ...By L.A. Newkirk, Tallahassee Democrat, Fla. Knight Ridder/Tribune Business News Apr. 8--Rick Kearney's most prized possession in his office is an unframed photograph of him shaking hands last month with the pope. In another year, his most prized possession will ...
Minnesota Power Shareholders to Vote on a New Name for the Company.
Apr 08, 1998 ...By Paul Adams, Duluth News-Tribune, Minn. Knight Ridder/Tribune Business News Apr. 8--First Bank -- now US Bank -- may not be the only downtown Duluth business to change its name this year. Minnesota Power shareholders will be asked next month to give the ...
Computer Parts Manufacturer Sanmina Thrives in Outsourcing Niche.
Apr 08, 1998 ...By Claire Cusick, The Herald-Sun, Durham, N.C. Knight Ridder/Tribune Business News Apr. 7--Although headquartered smack in the middle of Silicon Valley, Sanmina Corp. set up shop in Durham more than two years ago. Why? Because Sanmina, an electronics contract ...
Columbus, Ind. Engine Manufacturer Remains in Black After Special Charges.
Apr 08, 1998 ...By Bill Koenig, The Indianapolis Star and News Knight Ridder/Tribune Business News COLUMBUS, Ind.--Apr. 8--Cummins Engine Co. said Tuesday that a special charge against first-quarter earnings will be higher than initially estimated. But the diesel engine maker still expects ...
Opponents to Huge Georgia Hog Farm Lose Latest Round in Superior Court.
Apr 08, 1998 ...By Harry Franklin, Columbus Ledger-Enquirer, Ga. Knight Ridder/Tribune Business News BUTLER, Ga.--Apr. 8--Opponents of a mega-hog farm proposed for Taylor County lost a round Tuesday. A Superior Court judge found two real estate dealers not guilty of contempt ...
Alabama Firm to Buy Gator Asphalt in Bradenton, Fla.
Apr 08, 1998 ...By Shelly Sigo, The Bradenton Herald, Fla. Knight Ridder/Tribune Business News BRADENTON, Fla.--Apr. 8--A local company that literally paved the way for many homes and businesses to be built in Manatee County and nearby counties is being sold. Gator Asphalt Co ....
New Jersey-Based Beneficial Corp. to be Acquired by Household International.
Apr 08, 1998 ...By Joseph N. DiStefano, The Philadelphia Inquirer Knight Ridder/Tribune Business News Apr. 8--Beneficial Corp., a New Jersey company that pioneered high-interest loans for middle-income families ignored by banks, has agreed to be acquired by Household International Inc. for ...
Kewaunee, Wis. Nuclear Reactors To Keep Running Until 2013 At Least.
Apr 08, 1998 ...By Judy Newman, The Wisconsin State Journal Knight Ridder/Tribune Business News Apr. 8--Keeping the lights on for Wisconsin residents and businesses is its top priority, the state Public Service Commission said Tuesday as it approved a $91 million replacement of the steam ...
Biloxi, Miss., Casino Closing Creates Personal Crises.
Apr 08, 1998 ...By Charles Busby, The Sun Herald, Biloxi, Miss. Knight Ridder/Tribune Business News BILOXI--Apr. 8--Marie Blackbourn believes Lady Luck, as one of the Coast's smallest casinos, has a close-knit group of employees. So the news that the company is selling the Biloxi property ...
Staples Inc. to Acquire Illinois-Based Quill Corp.
Apr 08, 1998 ...By Chris Reidy, The Boston Globe Knight Ridder/Tribune Business News Apr. 8--Staples Inc., in its first major acquisition since its proposal to buy Office Depot Inc. fell apart last year, said yesterday it has agreed to acquire office supply company Quill Corp. for about ...
The Philadelphia Inquirer Andrew Cassel Column.
Apr 08, 1998 ...By Andrew Cassel, The Philadelphia Inquirer Knight Ridder/Tribune Business News Apr. 8--JUST DO IT. That's the essence of financial regulation in America. Beneath the mountain of laws, rules and guidelines for banks and insurance and securities firms lurks a ...
Akron Beacon Journal, Ohio, Diane Evans Column.
Apr 08, 1998 ...By Diane Evans, Akron Beacon Journal, Ohio Knight Ridder/Tribune Business News Apr. 8--WAGNER'S GIFTS, Cards & Antiques shop, on Northampton Road in Cuyahoga Falls, will close soon, after 37 years in business. It's been a family business in the finest sense ....
Traditional Fare Serves Longtime Charlotte, N.C. Restaurant Patrons Well.
Apr 08, 1998 ...By Lore Postman, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News Apr. 8--Just a few blocks from South End's trendiest restaurants, Price's Chicken Coop still packs customers in with the most traditional Southern fare: diet-busting, cholesterol-ignoring fried ...
Nationsbank Plans Bank Closings In Central Florida After Merger.
Apr 08, 1998 ...By Barry Flynn, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News Apr. 8--NationsBank Corp. plans to close nearly twice as many of its own branches in Central Florida as it does Barnett Banks Inc. offices when it merges the two banks' operations in October. ...
Super-Mergers: No Company Considered Too Big to Buy.
Apr 08, 1998 ...By Gregg Fields, The Miami Herald Knight Ridder/Tribune Business News MIAMI--Apr. 8--It isn't just stocks that are setting record prices on Wall Street. As symbolized by the massive $83 billion merger between Citicorp and Travelers, the strong economy of the ...
Small Massachusetts Bank Bought By Citizens Financial Group.
Apr 08, 1998 ...By Lynn Arditi, Providence Journal-Bulletin, R.I. Knight Ridder/Tribune Business News PROVIDENCE--Apr. 8--Citizens Financial Group, Inc. has scooped up another small Massachusetts bank, announcing yesterday the purchase of the parent of Woburn National Bank in an all-cash ...
Gypsum Manufacturer USG Corp. To Open New Plant in Aliquippa, Pa.
Apr 08, 1998 ...By Jim McKay, Pittsburgh Post-Gazette Knight Ridder/Tribune Business News Apr. 8--USG Corp. yesterday chose a former steel mill site in Aliquippa for a $112 million plant to manufacture construction wallboard and employ from 190 to 400 people. Chicago-based USG ...
Deep Changes in Blue Cross and Blue Shield of Massachusetts Recommended.
Apr 08, 1998 ...By Alex Pham, The Boston Globe Knight Ridder/Tribune Business News Apr. 8--The state yesterday released a key report highly critical of a plan by Blue Cross and Blue Shield of Massachusetts to split itself into three businesses. The report, produced by Boston ...
Natural Gas Pipeline Firm Delhi Group's Dallas HQ To Close.
Apr 08, 1998 ...By Andy Dworkin, The Dallas Morning News Knight Ridder/Tribune Business News Apr. 8--Koch Industries Inc. is closing the Dallas headquarters of the natural gas pipeline firm Delhi Group, less than a year after privately held Koch bought the business for $762 million in cash. ...
The Philadelphia Inquirer Business Summary Column.
Apr 08, 1998 ...The Philadelphia Inquirer Knight Ridder/Tribune Business News Apr. 8--IN THE REGION DUPONT CO., Wilmington, said yesterday that it will realign its chemicals and specialties businesses into three groups. Life sciences will include the company's agriculture ...
Rhode Island Hospital Trust National Bank to Change Name.
Apr 08, 1998 ...By Lynn Arditi, Providence Journal-Bulletin, R.I. Knight Ridder/Tribune Business News PROVIDENCE--Apr. 8--Rhode Island Hospital Trust National Bank announces today that it's corporate name will disappear after Memorial Day and its operations folded into those of its ...
Six Investors Sue, Saying Bergen County, N.J., Investment Club Shorted them.
Apr 08, 1998 ...By Louis Lavelle, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Apr. 8--Six former members of a Bergen County investment club have filed suit alleging that the club cheated them out of a portion of their investments when they decided to quit the club. ...
On-Line Ticket Seller Lets Travelers Name Air Fare.
Apr 08, 1998 ...By Deena Yellin, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Apr. 8--Yet another way to buy airline tickets surfaced on the Internet this week. At priceline.com, an on-line seller, travelers name the fare they are willing to pay for any domestic or ...
Taco Bell Hopes New Gorditas Ring True.
Apr 08, 1998 ...By Carol Teegardin, Detroit Free Press Knight Ridder/Tribune Business News Apr. 8--Taco Bell is hoping its new Gorditas -- Spanish for "little fat ones" -- will spice up sales. "It's entirely possible that the Gorditas will catch on as Taco Bell's signature ...
Pennsylvania's Provident Mutual Life Insurance Proposes Restructuring.
Apr 08, 1998 ...By Josh Goldstein, The Philadelphia Inquirer Knight Ridder/Tribune Business News Apr. 8--To a roomful of concerned policyholders, executives from Provident Mutual Life Insurance Co. defended their controversial proposal to restructure the company at a public hearing before ...
Bell Atlantic Defends Position in Local New Jersey Telephone Market.
Apr 08, 1998 ...By Anthony S. Twyman, The Star-Ledger, Newark, N.J. Knight Ridder/Tribune Business News Apr. 8--Barraged by criticisms from long distance phone companies, local phone service giant Bell Atlantic came out swinging yesterday. The point man: the CEO of Bell Atlantic New Jersey. ...
New Jersey Builder Boosts Sales with Media Centers in Starter Homes.
Apr 08, 1998 ...By Guy T. Baehr, The Star-Ledger, Newark, N.J. Knight Ridder/Tribune Business News Apr. 8--It's a hot time for home sales in New Jersey, but that doesn't mean builders can afford to just sit back and wait for customers to come strolling into their models -- not when you have ...
Three Philadelphia Men's Clothing Retailers Rely on Everyday Low Prices.
Apr 08, 1998 ...By Jane M. Von Bergen, The Philadelphia Inquirer Knight Ridder/Tribune Business News Apr. 8--Nothing suits a shopper like low prices. But in the area's developing battle between three men's apparel retailers, don't expect a price war with ever-hotter discounts ...