Knight Ridder/Tribune Business News back issues from Wednesday, December 23:
Akron, Ohio-Based FirstEnergy, Subsidiary Face Labor Complaints.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- AKRON, Ohio -- Some of the labor complaints former Cleveland Electric Illuminating Co. employees filed against FirstEnergy Corp. are moving to the next stage: a trial. Both sides received notification yesterday from the ...
General Motors to Test Modular Construction at Brazil Plant.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- There is a bird flying around Lordstown and it's called Blue Macaw. Named for a radical new manufacturing method about to be tested by General Motors Corp. at a new plant in Brazil, Blue Macaw's arrival in Northeast Ohio ...
Public Radio Station to Buy Former Albany, N.Y., Bank for Arts Space.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- WAMC/Northeast Public Radio is ready to buy a former bank building on Central Avenue, across the street from its current base, to turn the structure into an arts and cultural space. WAMC executive director Alan S ....
The Arizona Republic AZ Inc. Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 23 -- ARAMARK TO BUY VIAD FOOD UNIT: Viad Corp. said it is selling most of its Restaura food-service business to Aramark Services, one of the biggest food-service operators in the country. Phoenix-based Viad, which has been ...
Perks at Phoenix Commercial Finance Company Finova Group Win Notice.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 22 -- Rick Baker has three kids in college, one each at ASU, NAU and UofA, but he didn't have to write out any tuition checks this fall. The $6,600 tab for the 1998-99 school year was picked up by his employer, Finova Group ...
Phoenix-Area Maker of Ergonomic Keyboards Revives.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 23 -- For the longest time, DataHand Systems Inc. looked like a company with an intriguing, revolutionary ergonomic keyboard. And for the longest time, it built the product by hand and notched some sales to companies with workers injured ...
Clouds Loom Over Lockheed Martin, Marietta, Ga., Plant.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- As Lockheed Martin Corp.'s aircraft plant falls silent today for an annual weeklong holiday shutdown, workers and executives can look back on favorable events during the year. Deliveries of new C-130J cargo planes finally ...
Dell Computer Begins National TV Advertising Effort.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 22 -- ROUND ROCK, Texas -- Recovering from a bumpy start, Dell Computer Corp.'s national television advertising campaign is up and running in the company's first major effort to strengthen the Dell brand. The $70 million ...
Utility Company New Century Energies Appoints Executives.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 20 -- Henry Jahnsen, director of energy supply management and bulk power transport for New Century Energies, has been named vice president for New Century delivery services. He will be in charge of energy supply staffs in Texas and ...
Southwest Electric Utility Turns Coal-Burning Waste Product into Profit.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 20 -- Coal ash -- a waste product -- now has a second life as construction material. Powdery coal ash is used in cement and concrete, structural fills and highway base, while coarser coal ash becomes both black sand and rock. ...
Taft, Calif.-Based Berry Petroleum Eyes Los Angeles-Area Oil Field.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Berry Petroleum Co. of Taft announced Wednesday it plans to acquire the 700-acre Placerita oil field in northern Los Angeles County in a $35 million cash transaction with Aera Energy. The Placerita field, located 70 miles ...
Boulder, Colo.-Based Data Storage Firm Ends '98 in the Doldrums.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Exabyte Corp. played the Grinch for Wall Street on Wednesday, warning that its fourth-quarter earnings will fall far below analysts' expectations, and it will record a loss for both the quarter and the year. The ...
Ohio-Based Huntington National Bank Branches onto Longboat Key, Fla..
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- LONGBOAT KEY, Fla. -- Nature may hate a vacuum, but in this region's fiercely competitive bank market, a vacuum is synonymous with a business opportunity. Hoping to fill the vacuum left by the departure earlier this year ...
Orinda, Calif.-Based Software Firm Intraware Plans Public Offering.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- ORINDA, Calif. -- Intraware Inc.'s plan to sell software and upgrades to businesses over the Internet has started to catch on in corporate America. The next question is whether Wall Street also will applaud Intraware's performance. ...
PeopleSoft Sweatshirt Ends Up on Billboard Mannequin of Rival Software Firm.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 22 -- The battling billboards along Highway 101, a physical manifestation of the bruising yet tongue-in-cheek rivalry of high-technology companies, is of the can-you-top-this variety. In the latest salvo in the war of ...
The Charlotte Observer, N.C., Business Briefs Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- CP&L DROPS PLANS TO BUILD PLANT IN ROWAN: Carolina Power & Light has abandoned plans to build a $250 million power plant north of Salisbury in Rowan County, fearing that public opposition could lead to construction delays. ...
The Post and Courier, Charleston, S.C., Grapevine Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 21 -- ADDING TO ITS MENU: As rumored, The Boathouse, a restaurant on The Isle of Palms that has generated a strong local following, is opening a second location -- on the Charleston peninsula. "It's a done deal," said downtown attorney ...
Charleston, S.C., Port Hopes to Be Part of Steamship Lines' Hub Plan.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 23 -- Two of the world's largest steamship lines are planning to build a megaport in the Northeast -- a move sending ripples south toward Charleston. Maersk and Sea-Land Service Inc. have identified three possible ports to ...
Two Columbus, Ga.-Based Firms Make List of Top 100 Workplaces.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 22 -- Two Columbus-based companies used employee-friendly work cultures, with plenty of perks and incentives, to propel themselves to the top of Fortune magazine's list of the 100 Best Companies to Work For in America. While ...
The State, Columbia, S.C., South Carolina Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- TALK OF FORD MERGER BOOSTS VOLVO, BMW: MUNICH -- Volvo AB shares soared Wednesday while Bayerische Motoren Werke AG shares continued to rise on speculation that the car companies are in unrelated talks with No. 2 automaker Ford ...
Kimberly-Clark to Pay $764 Million for Utah-Based Ballard Medical.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Kimberly-Clark Corp. on Wednesday said it has entered into a definitive agreement to acquire Utah-based Ballard Medical Products in a stock transaction valued at $764 million. Ballard, a leading provider of disposable ...
Fort Worth, Texas, Dallas Mayors Meet to Discuss Love Field Ruling.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- DALLAS -- Dallas Mayor Ron Kirk and Fort Worth Mayor Kenneth Barr met for two hours Wednesday to try to resolve their legal dispute over expanded flights at Dallas Love Field. The meeting, part of a series of ongoing ...
Justice Department Ends Inquiry into Snack Food Maker Frito-Lay.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 23 -- The U.S. Justice Department has dropped its 2-year-old investigation into possible anti-competitive business practices by Plano-based Frito-Lay Inc. The Justice Department had been examining whether Frito-Lay, the ...
Stock of Dallas-Based Monarch Dental Plunges on Earnings Report.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 23 -- Shares of Dallas-based Monarch Dental Corp. lost almost half their value Tuesday, a day after the manager of dentist practices said it would not meet analyst expectations for its fourth-quarter and annual earnings. ...
Portales, N.M., Merchants Struggle after Wal-Mart Comes to Town.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 23 -- PORTALES, N.M. -- Nancy Tivis stared out of her empty clothing store recently. Outside, cars and trucks whizzed by. "When you stand here, you can see the customers driving by," Mrs. Tivis said soon after a white ...
Grand Rapids, Mich.-Based Bank Old Kent Swells amid Mergers.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- As several banks in southeastern Michigan were bought by larger companies, Old Kent Financial Corp. has stood its ground and become a quiet giant. The Grand Rapids-based regional bank has made 70 acquisitions during the ...
Reestablished Warren, Mich., Bank Brings Back Small-Town Feeling.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- A skeptical, elderly woman confronted officers of the new Warren Bank. She wanted to know if her money would be safe in a small, hometown bank -- the kind of bank she thought had disappeared in the 1980s. Sure it would ...
Detroit Free Press Michigan Memo Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- THE MICHIGAN JOBS COMMISSION saw little change from October to November's seasonally unadjusted unemployment rates in the state's 10 major labor market areas. The November rate declined by 0.2 percentage point in the Ann Arbor, ...
Merger Rumors Lift Stocks at Ford, European Auto Makers.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Investors pushed up the stock prices of AB Volvo and BMW AG on Wednesday after rumors continued about those European automakers negotiating separate mergers with Ford Motor Co. Ford, Volvo and BMW dismissed the rumors as ...
General Motors Parts Maker Details Pending Stock Offering.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Delphi Automotive Systems plans to sell 100 million shares of stock, or 17.7 percent of the company, to the public early next year at an estimated price of $14 to $18 a share. Delphi, the Troy-based auto parts division of ...
British Aerospace Company GEC's European Merger Nears Closure.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- GEC kept up the pace of its European joint ventures drive by announcing that a merger of its satellite and space interests with Dasa of Germany and Lagardere of France was "almost finalised". Separately, it linked with ...
Midway Airlines to Begin Raleigh-Durham to New Orleans Flights in 1999.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Midway Airlines has moved up the date it will start its new jet flights to New Orleans to Feb. 4. Midway had announced flights from Raleigh-Durham International Airport would start Feb. 8, but the company decided to move ...
Durham, N.C., Medical Products Firm Grows through Acquisitions.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Investors have come to expect rapid-fire acquisitions from Quintiles Transnational, but some are worried about how the company will integrate the latest three deals it made last week. If all goes as planned with the ...
Cambridge, Mass.-Based Biotechnology Firm Announces New CEO.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Biogen Inc.'s chairman of the board, James L. Vincent, will take on the added posts of president and chief executive officer, the biotechnology company announced Wednesday. Vincent was elected to succeed James R. Tobin, ...
Junction City, Ore., Chevrolet Dealer Donates Vehicle to College.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Guaranty Chevrolet of Junction City has donated a 1997 Safari Trek motorcoach to Lane Community College's Recreational Vehicle Service Technician program. The diesel-powered coach, valued at more than $150,000, is fully ...
Virgin Entertainment's Debt Refinancing to Include Junk-Bond Issue.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 22 -- Virgin Entertainment is back on track to issue a junk bond as part of a UKpound 350 million debt refinancing. The group, which takes in Richard Branson's cinema and retailing businesses, studied alternative financing ...
British Shipping Firm Incurs More Costs with New Logistics Business.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 22 -- A new logistics business is going to cost shipping operator Jacobs Holdings more than had been expected because of initial charges of UKpound 5.6 million, writes Melanie Tringham. Ontime Logistics, which is to start ...
Hollywood, Fla., Sues to Stop Local Casino Boat Operation.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 22 -- Hollywood officials have made good on their promise to go to court to try to shut down the controversial SunCruz Casino operation that millionaire developer Konstantinos "Gus" Boulis runs from Martha's restaurant. On ...
Irving, Texas-Based Nonprofit Health System Announces Management Changes.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 23 -- IRVING, Texas -- Las Colinas-based Texas Health Resources, the largest nonprofit health system in North Texas, announced more organizational and leadership changes this week. Doug Hawthorne, president and chief executive ...
The Boston Globe Upgrade Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Christmas was a lot simpler when you didn't have to reboot your presents. About half of all American homes now contain a personal computer, and that number will increase in 24 hours, as families proudly unwrap their new ...
CEO Resigns at Cambridge, Mass.-Based Biotechnology Firm.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- James R. Tobin abruptly resigned yesterday as president and chief executive of Biogen Inc. for undisclosed personal reasons, surprising both Wall Street analysts and the local biotechnology community. His sudden ...
The Boston Globe Boston Capital Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Jack vs. Ed. Ed vs. Jack. It has been an enduring, friendly rivalry in the little world of Boston advertising for three decades. Then within a month of each other, the two big kahunas of Boston advertising, Ed Eskandarian ...
Connecticut Banking Privacy Probe Includes Fleet Financial.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Connecticut authorities have subpoenaed documents from Fleet Financial Group Inc. and other institutions as part of an investigation into whether bank customers are getting the financial privacy they expect. The action, ...
The Gazette, Colorado Springs, Colo., Business Briefs Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 21 -- HALF OPENS NEW OFFICE: Robert Half International Inc. has expanded to a new office location to accommodate its growth. The new office is located at 5575 Tech Center Drive, Suite 206. The office includes a division of ...
Adam's Mark Completes Acquisition of Colorado Springs, Colo., Hotel.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 23 -- "They have it down to a science." That's how Barry Didato, a principal with Global Hospitality & Tourism, describes what happens when a hotel changes ownership with guests sleeping upstairs. It's what happened ...
Hackensack, N.J., Sears Sales Associates Keep Shoppers Moving.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- So you think it's tough waiting on line to pay for your holiday gifts? Consider the people standing behind the counter on sore feet, asking 100 times a day: "Would you like a gift box with that?" For retailers, 'tis the ...
Houston Chronicle Marketing Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- LOCAL AUTO SALES ALREADY AT RECORD: Houstonians are buying more cars and trucks than they ever have in the past, smashing the sales record set during the first 11 months of 1997 by 12 percent. According to figures ...
Internet Interest Propels Houston Firm's Stock.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Zapata Corp. showed the power of the Internet Wednesday when its shares nearly doubled after the fishing company said it once again hoped to become an Internet power. The shares of the Houston company surged by 6 to 14 ...
Environmental Concerns Stall California Redwood Forest Sale.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- WASHINGTON -- Maxxam officials continued to haggle with federal regulators into the early evening hours Wednesday, failing to reach an agreement on some environmental safeguards that could scuttle a $492 million deal to preserve ...
Ruling Lessens Restrictions on Flights from Dallas's Love Field.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Continental Express said Wednesday a ruling by federal regulators on a dispute concerning Dallas Love Field should help its efforts to fly to Cleveland, Ohio. The dispute centers on what flights can go out of Love Field. ...
Houston-Based Oil Firm Raises $150 Million for Exploration.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Eex Corp. will sell $150 million of securities to a London investment firm to help fund its deepwater oil and gas development program, the companies said Wednesday. The investment by Warburg, Pincus Equity Partners in the ...
Chevron to Buy Houston-Based Energy Firm.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Rutherford-Moran Oil Corp., an independent energy company that has been talking to a list of potential buyers, says it has agreed to be acquired by Chevron for approximately $91 million in stock. Chevron also will assume ...
High Point, N.C., Furniture Showroom to Get Addition.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- The new owners of the Market Square Complex received approval Monday for a project that will add to the skyline and downtown showroom space in High Point. The Guilford County Historic Preservation Commission cleared the ...
Indianapolis Man to Close Family-Owned Jewelry Shop.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- In the summer of 1966, Chuck Endo was a young Japanese student attending a Wisconsin university and hoping for some kind of opportunity to make a few bucks. On a bus trip from Eau Claire, Wisc., to Columbus, Ohio, he was ...
AlliedSignal Gets 15 More Months Managing Kansas City, Mo., Plant.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- AlliedSignal Inc. has received a 15-month extension on its contract to manage the U.S. Department of Energy's Kansas City plant, which has 2,930 employees. The plant's future has been uncertain since the Department of ...
Federal Mediator Schedules More Meetings Between TWA, Machinists Union.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- A federal mediator has scheduled another series of meetings next month between Trans World Airlines and the Machinists union. The National Mediation Board has asked TWA and its biggest union to begin negotiating again ...
Oglethorpe Power Corp. Builds Plant in Smarr, Ga..
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 23 -- SMARR, Ga. -- A $70 million power plant now under construction near Interstate 75 will insure Oglethorpe Power Corp. customers plenty of juice during Georgia's peak summer months. The 220-megawatt combustion turbine ...
New York-Based Nathan's Famous Competes for Kenny Rogers Roasters Chain.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- The remains of the bankrupt Kenny Rogers Roasters restaurant chain suddenly have become a hot commodity. Nathan's Famous, the legendary New York hot-dog chain that is buying Miami Subs, jumped into the bidding Wednesday ...
California Clothing-Store Chain Founder Reduces Role to Co-Chairman.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Dick Bruhn, who built a chain of 43 clothing stores in Northern California over the last 48 years, has named longtime manager Hal Turner as president of Dick Bruhn Inc. "I've been working too hard," Bruhn said. He will ...
Daily Press, Newport News, Va., Ticker Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- NEWPORT NEWS, Va. -- EcoTrust Technologies has bought land and a plastics plant at Oakland Industrial Park in Newport News. The price, according to court records: $1.2 million. EcoTrust officials declined to comment ...
Wilmington, Del.-Based PNC Bank Sells Credit Card Unit to MBNA Corp..
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- PNC Bank Corp. made an early New Year's resolution yesterday. Turn a new business page and do away with some old and unprofitable baggage. PNC said it was officially getting out of the credit card business yesterday, ...
Auto Executives Give No Hint on Rumored Ford, Volvo Merger.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- Speculation abounded on both sides of the Atlantic yesterday that Ford may buy Volvo, the Swedish auto and truck maker. But industry insiders in the U.S. said Ford, the world's No. 2 auto maker, was in no hurry to buy ...
The Orange County Register, Calif., Business Briefs Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 24 -- STATE BRIEFLY: FORD ANNOUNCES SALE OF STAKE IN KOREA'S KIA MOTORS: Ford Motor Co., the world's second-largest automaker, said Wednesday it sold its 9.4 percent stake in bankrupt Kia Motors Corp., which was taken over ...
The Orlando Sentinel, Fla., Cyberscene Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 23 -- CHRISTMAS TRADITIONS: The holiday season is full of traditions, many of which have obscure origins. At the Christmas98 Web site, you can find out why things happen the way they do. The making of gingerbread houses, for ...
The Orlando Sentinel, Fla., Jobs Column.
Dec 23, 1998; ... Knight Ridder/Tribune Business News Dec. 23 -- QUESTION: I am a registered nurse at a large hospital. I'm a full-time employee, but most weeks my hours are cut to 30 because there aren't enough patients to keep everyone busy. This hurts on payday. Some nurses always get to work ...