Knight Ridder/Tribune Business News back issues from Friday, June 11:
Augusta, Ga., Office Furniture Dealer Planning New Showroom.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Ivan Allen Co., one of Augusta's oldest and largest office furniture dealers, said it is in contract negotiations to build a new showroom off River Watch Parkway. If the deal is completed as expected, the Atlanta-based ...
Warnings Spread Quicker than Computer Virus in Augusta, Ga..
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- A computer crisis apparently was averted in most major Augusta businesses Friday as warnings about the latest technology bug, known as Worm.Explore.Zip, spread quicker than the virus did. The virus is known only to attack ...
Microsoft Suit Charges Ohio Firms with Selling Counterfeit Software.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- The tape-recorded message at the company's 800 number is explicit. "We at Unicent Technologies Incorporated regret to inform you" it begins, before telling an untold number of mail-order computer buyers that the Aurora ...
Albany, N.Y., Entrepreneur Cashes In on Internet Fever.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Richard Louis may be the Capital Region's first Internet millionaire, but even if he isn't quite there, he certainly has traveled a long way from his childhood in the small city of Aux Cayes, Haiti, where he lived until he was 10. ...
Albany, N.Y.-Area Bookstore Chain Closing Doors.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Bookstore chain Lauriat's Inc. is going out of business, eliminating the only bookstores in Crossgates Mall in Guilderland and Aviation Mall in Glens Falls. "My feeling is we had a pretty good Christmas season," said ...
WAMC Northeast Public Radio to Launch Internet Public Radio Station.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- ALBANY, N.Y. -- This summer, WAMC Northeast Public Radio will launch a new national radio station that broadcasts solely over the Internet, to be called ThePublicRadioStation.com. The new venture is intended to help the ...
New York Assembly Democrats Press for Cut in Utility Costs.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- ALBANY, N.Y. -- Measure calls for more competition and electric bills reduced by up to 20 percent In an attack on the Pataki administration's attempts to restructure the state's electric industry, Assembly Democrats ...
New York-Based Trans World Entertainment Envisions Happy Holiday Season.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 10 -- COLONIE, N.Y. -- Music retailing company Trans World Entertainment Corp. is a now a national powerhouse and should reap plump holiday sales in the important fourth quarter, CEO Robert J. Higgins told shareholders Wednesday. ...
The Arizona Republic AZ Inc. Column.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- SOUTHWEST GAS CLOSES TWO OFFICES: Southwest Gas will close two Phoenix-area payment offices ef fective today. The offices at 1076 S. Litchfield Road, Goodyear, and 9124 E. Apache Drive, Mesa, were closed because of declining ...
Arizona Lags in Venture Capital.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- By using aggressive programs to provide capital and to support entrepreneurs, other states are doing a much better job than Arizona in attracting venture capital for growing companies, a new study says. Arizona's main ...
U.S., Mexican States of Arizona, Sonora Celebrate 40-Year Relationship.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- The papered walls of the Phoenix Ritz-Carlton hotel this weekend are echoing the tinkling of champagne glasses and the rhetoric of flowery speeches as officials from Arizona and Sonora, Mexico, are celebrating the 40th anniversary ...
Former Arizona Governor Fannin Enjoys Retirement in Phoenix.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Looking at Paul Fannin is like looking at a weathered tree that once was busy with producing its fruits but now sits quietly in an orchard taking pleasure in watching of the results of its early successes. The ...
Higher Mortgage Rates Disappoint Arizona Home Buyers.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Home buyers got bad news Wednesday when mortgage rates hit their highest level in nearly two years. The average interest rate on 30-year, fixed-rate mortgages climbed to 7.51 percent from 7.41 a week ago and the highest ...
Worm Virus Damages U.S. Computers.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- A malicious piece of computer code ripped through the Internet Thursday, doing the damage that the Melissa virus had only threatened in March. Technically a worm, not a virus, Worm.ExploreZip spread as quickly as ...
Smith's Warehouse Workers in Phoenix Fight to Keep Union Out.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Employees at the former Smith's Food & Drug distribution center in Tolleson are fighting what they are calling the "hostile takeover" of the facility by Teamsters Local 104. The facility and the grocery stores it supports ...
Atlanta-Based Cinnabon Bakeries Plans Overseas Expansion.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Cinnabon Bakeries is on a roll. The Atlanta-based cinnamon roll retailer Friday announced several major international and domestic deals that will significantly broaden its market. In all, the company has ...
Coca-Cola Acquires Asian Bottling Operations.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Coca-Cola Co. said it will acquire the Asian bottling operations of Fraser and Neave Ltd. of Singapore in a $271 million equity deal. The move is unusual for the Atlanta-based beverage company, which seldom acquires a ...
Delta Air Lines Postpones Deliveries of Boeing 777s.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Blaming excessive pilot pay demands, Delta Air Lines said Friday it is postponing all further deliveries of Boeing 777 widebodies and will sell or lease the two it's already flying after the summer season. The move ...
Web Site's Technology to Revolutionize the Music Industry.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- The way you buy recorded music is about to change. One day in the not too distant future, you will be able to sit down at your computer and download music from your favorite artists at competitive prices and put it on a ...
Electric Utility Southern Co. to Sell British Subsidiary.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Southern Co. is selling off a large chunk of its British electric power distributor just as the country's utility industry becomes competitive. Southern announced Friday the sale of the supply business of South Western ...
Austin, Texas-Based Cable Television Firm Buys into New Markets.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Classic Communications Inc., an Austin-based cable television company, is fast becoming a big player in small markets. Classic, which owns cable operations in areas such as Brady and Lampasas and in seven other states, is ...
Cisco Systems' Executive Touts Austin, Texas, Study in Washington.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- WASHINGTON -- John Chambers, Cisco Systems Inc.'s globe-trotting chief executive, came to Washington on Thursday as the proud sponsor of a new economic survey that suggests why Wall Street has placed a $175 billion stock value on ...
Albuquerque, N.M., Advertising Consultant Speaks in Amarillo, Texas.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Simply slapping a Spanish phrase into an advertisement is not enough to connect with the Hispanic market, according to an Albuquerque advertising consultant. Dr. Armando Gutierrez, president of A. Gutierrez & Associates ...
Cheese Officials Tour Clovis, N.M., Site.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- CLOVIS, N.M. -- Four of the key people who are helping plan operations for the new cheese-processing plant in Curry County traveled to Clovis this week from England and Wisconsin to tour the prospective site and meet area dairymen ...
Reagan Economist Expects Dow to Hit 50,000 Mark in 2020.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- How does Dow 50,000 sound? That's the conservative forecast for the stock market's position in the year 2020 from former Reagan administration economist Lawrence Kudlow. The raging bull brought his forecast ...
Son Opens His Own Business in Buffalo, N.Y., Just as His Father Did.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- At the grand opening celebration of the Superior Home Improvement Center, Darold B. Fountain joked that he had to open the remodeling company because his father wasn't ready to hand down the family business. "I asked my ...
Owner of Closing Buffalo, N.Y., Club Plans New Nightspot.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- For the third time in three years, a building at 141 Elm St. will go dark this weekend when Sweetwaters closes, the nightclub owner claiming that he wants to focus his energies on enterprises in the Chippewa Corridor. ...
Tops Markets in Buffalo, N.Y., Helps Parent Boost Earnings.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Royal Ahold NV's first-quarter profits surged by 32 percent as the Dutch supermarket giant enjoyed sharply higher earnings from its grocery store chains in Europe and North America, including Tops Markets Inc. in Buffalo. ...
International Paper to Lay Off Half of Moss Point, Miss., Mill's Workers.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- MOSS POINT, Miss. -- International Paper will lay off half of the 700 employees at its Moss Point Mill this summer. The company will cut 140 jobs when it shuts down an aging paper machine and another 210 workers will be ...
Pascagoula, Miss., Firm Delivers Second of Four Deepwater Rigs.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- PASCAGOULA, Miss. -- Friede Goldman International Inc. delivered the second of four converted mobile offshore drilling rigs to Houston-based Noble Drilling Corp. on Thursday. The rig was completed at the Friede Goldman ...
Kern County, Calif., Jobless Rate Drops 2.5 Percent.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Boosted by an increase in farming jobs during May, Kern County's jobless rate fell 2.5 percent to 10.7 percent. The unemployment rate is still more than double California's 4.9 percent jobless rate and the nation's 4 ...
Boulder, Colo.-Based Firm Promises More Effective Hearing Aid.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- It might sound somewhat bionic, or even cyborg-like, but Otologics' semi-implantable hearing aide is much more than fiction. Designed to bring a better quality of hearing to the severely hearing-impaired, the Boulder ...
Boulder, Colo., Bakery to Take New Downtown Spot in August.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- High rent and development in the Downtown Mall area has forced another local business to move, its owner says. Daily Bread Cafe, located east of the Pearl Street pedestrian mall, closes its doors Saturday and does not ...
Combination of Talk Radio, Internet Agitates San Francisco Bay Area.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- The bumper sticker is to the point: "I don't trust the liberal news media." There's more. The vehicle, seen on a Bay Area street, also sports a red-white-and-blue sticker that touts KSFO radio. Signs such as ...
Pacific Bell Gets Permission to Double Maintenance Fees in California.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Chatting on the telephone just got more expensive. Pacific Bell on Thursday won permission to double the fees it charges to fix the phone wires inside a house. The Public Utilities Commission agreed to allow Pac Bell to ...
Columbia Daily Tribune, Mo., Top Drawer Column.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 7 -- ONWARD & UPWARD: Brett Burri has been named president of Mercantile Bank in Columbia. Burri joined Mercantile in 1991 as vice president of Mercantile Bank of Franklin County. Burri's responsibilities included management of a $20 ...
Charlotte, N.C., College's Budget Request Cut.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- CHAPEL HILL, N.C. -- UNC Charlotte would get $178 million -- enough to meet its most pressing needs but not quite what school leaders had hoped for -- under a list of top spending priorities submitted to the state university ...
US Airways Flight to London Among Additions at Charlotte, N.C., Airport.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- This is a day US Airways has been awaiting for a year and a half. At 8:25 p.m., US Airways Flight 94 will take off from Charlotte on the eight-hour flight to London. The departure marks the end of a lengthy battle with ...
The Charlotte Observer, N.C., Business Briefs Column.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- 3 BUSINESS SCHOOLS GET DONATIONS: High Point businessman Earl "Phil" Phillips Jr. said Friday he will donate $300,000 to three N.C. business schools to help create the International Financial Services Institute. ...
Carolina Sweet Potato, California Raisin Industries Call Marketing Truce.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Spencer Sweetpotato survives. Growers of North Carolina's state veggie and California raisin mavens are calling a truce instead of making a federal case out of whether the cute root copies the dancing raisins. ...
Champaign, Ill., Mayor Calls for Liquor Audit of Three Restaurants.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- CHAMPAIGN, Ill. -- The city is checking to make sure that three restaurants are not selling too much liquor. But upcoming changes could settle the matter for at least two of the establishments. Mayor Jerry ...
Rantoul, Ill., Apartments Make Bumpy Transition to Private Ownership.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- RANTOUL, Ill. -- The tenants and new owner of the former Countryside Apartments are being squeezed by its transition from a federally-subsidized complex to private ownership. Without the subsidy, some tenants say the full ...
Urbana, Ill., Kmart Takes Big Kmart Format.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- URBANA, Ill. -- Big K has arrived in Urbana, and shoppers who haven't been in the old Urbana Kmart for months will notice some big changes on their next visit. The 23-year-old Kmart at 1710 S. Philo Road officially became ...
Huger, S.C., Steel Mill Expansion to Boost Production.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Nucor Corp.'s local plant is in line for a $45 million expansion that would boost its steel production in Huger by as much as 43 percent a year. "A proposal has been put together and we'll be submitting it within the ...
BellSouth Extends Internet Service to Include Downtown Charleston, S.C..
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- BellSouth is extending its high-speed Internet access service to downtown Charleston, North Charleston and Mount Pleasant, joining a sprouting list of suppliers offering the Lowcountry super-quick hookups to cyberspace. ...
Charleston, S.C., Fishing Store Is Up for Auction.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- John's Rod & Reel, a popular local hangout for saltwater fishing enthusiasts, went on the auction block Friday, as a bank tried to recoup a loan it made to the shop's owner. When Billy Brightwell died in March, his ...
Automobile Parts Manufacturer to Expand Columbus, Ga., Facility.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Intermet Columbus Foundry is expanding its production facility by 50 percent in an effort to remain a top competitor for producing iron castings parts for automobiles, the company announced Thursday. Headquartered in ...
More South Carolina Waterways Found to Contain Contaminated Fish.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- About twice the number of state waterways have mercury-contaminated fish as previously known, health regulators say, including the Saluda River upstream of Lake Murray. Several of the state's most popular reservoirs were ...
Columbia, S.C.-Based First Citizens Appoints New Human Resources Chief.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Beginning Monday, you can add human resources to the long list of duties Sharon Bryant has handled during her 16-year banking career. That's when the former Midlands area executive for First Union Corp. joins ...
South Carolina Panel to Study Nuclear Policy.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Gov. Jim Hodges is now actively in the hunt for a way to get South Carolina out of its role as the dump site for much of the nation's low-level nuclear waste. The Democratic governor signed an executive order Thursday ...
Unable to Settle Dispute with Pilots, Delta to Sell Boeing 777s.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- In a dispute with pilots over wage rates, Delta Air Lines Inc. said Friday that it was deferring delivery on new Boeing 777s that it has on order and said it would sell the two airplanes it currently is flying. The Air ...
Fort Worth, Texas-Based Retailer Pier 1 Imports Posts Lower Profits.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Pier 1 Imports Inc. reported a decline Thursday in fiscal first-quarter profits reflecting the retailer's new lower-price strategy adopted to increase sluggish sales. The Fort Worth-based chain of more than 800 stores ...
Santa Clara, Calif.-Based National Semiconductor Reports Another Loss.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- National Semiconductor Corp. reported a loss for its fifth consecutive quarter Thursday, but the chipmaker pledged to return to profitability in its fiscal period ending in November after it exits the cutthroat business of making ...
Intel Stays Noncommittal on Possible Fort Worth, Texas, Chip Plant.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Remember Intel Corp.'s planned $1.3 billion chip plant in Fort Worth? Construction has been postponed twice on the factory, which was announced nearly three years ago with some fanfare. The last time, in March ...
Billboard Companies Say Dallas' Moratorium Won't Lead to Space Shortage.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Dallas' 15-week moratorium on new outdoor billboards isn't likely to lead to a shortage of available space for rent, the city's largest billboard companies said Thursday. Billboard space isn't in short supply in the area, ...
Dallas-Based Hollywood Casino to Fight to Keep Its Nasdaq Listing.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 11 -- Hollywood Casino Corp. said Thursday that it will fight to keep its stock listed on the Nasdaq National Market System. The Dallas-based company said it has been notified by Nasdaq that it no longer meets a qualification ...
Ford Names New Leader for Ailing European Unit.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Ford Motor Co. on Friday named one of the architects of Jaguar's revival to head its struggling European automotive operations, starting July 1. The move was the latest aimed at improving the No. 2 automaker's lackluster performance ...
Microsoft Cofounder Proves to Be Big Spender with Cable Entry.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- After making billions on computer software, Microsoft cofounder Paul Allen has set his sights on cable television. Allen hopes to corner the fiber-optic technology that allows people to connect to the Internet through the ...
Auto Battery Maker Exide Suffers $129.6 Million Net Loss.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Exide Corp., the world's largest maker of automotive and industrial lead-acid batteries, reported a net loss of $129.6 million, or $6.11 per share, for its fiscal year ended March 31. The figure excludes certain one-time, additional ...
Hechinger Closings May Leave Kmart Stuck with Lease Bills.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Nearly two years after selling its Builders Square chain, Kmart Corp. may have to shell out hundreds of millions of dollars to cover lease agreements. But it's not expected to damage the company's bottom line. Hechinger ...
Detroit Free Press Michigan Memo Column.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- TEAMSTERS LOCAL 2000, which represents Northwest Airlines' flight attendants, boasted Friday that their new contract makes them the highest paid flight attendants at any unionized airline. Under the agreement reached ...
Irish Telecom Firm to be Valued at UKpound 5 Billion.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Telecoms fever among investors looks like pushing the value of Irish newcomer Telecom Eireann to dizzy levels. The state-owned company's sale prospectus is launched tomorrow and, though the price will not be set until July, it is ...
Gamblers' Good Luck Means Misfortune for London Club Owners.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- The roulette wheels have been spinning the wrong numbers for the owners of the 50 St James club in the West End of London. A heavy run of wins at roulette and punto banco gave high-rollers at London Clubs International a ...
British-Based Seller of Frozen Chinese Food Plans Expansion.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Chinese chefs Kong Wah Wu and Wing Hon Leung serve highly-recommended chicken with green peppers in black bean sauce and king prawns in batter. They think their products so good they are giving customers a chance to buy ...
British Tour Company Chairman Hopes to Pursue Merger with Swiss Firm.
Jun 11, 1999; ... Knight Ridder/Tribune Business News Jun. 12 -- Ian Clubb, chairman of package holidays group First Choice, hopes to start a charm offensive next Tuesday to persuade his shareholders to back a merger with Swiss group Kuoni. He will have to tread carefully because ...