Knight Ridder/Tribune Business News articles from September 19 1997

Knight Ridder/Tribune Business News archives from September 19 1997

Loomis Fargo's Stolen Fortune Found in North Carolina.(Originated from The Charlotte Observer, N.C.)
September 19, 1997... Sep. 19--Close to $18 million in cash taken in the largest heist in U.S. history was recovered Thursday at a storage building in Mountain Home, a small town 15 miles south of Asheville. FBI agents hauled 30 to 50 bags of currency...

Steelworkers Rally against Northern Indiana Public Service Co.(Originated from Post-Tribune, Gary, Ind.)
September 19, 1997... Sep. 19--With flashlights in hand and donning yellow T-shirts that read, "NIPSCO unfair to customers and workers," more than 1,000 United Steelworkers showed up for a rally at Merrillville's Radisson Hotel to send their employer a clear...

Washington State Attorney Issues Warnings on E-Mail.(Originated from The News Tribune, Tacoma, Wash.)
September 19, 1997... TACOMA, Wash.--Sep. 19--You might want to double-check that e-mail before you send it. What you are sending out from the office could be viewed as official correspondence. And, for the same reason, managers might want to check the...

The News Tribune, Tacoma, Wash., Market Summary Column.(Originated from The News Tribune, Tacoma, Wash.)
September 19, 1997... TACOMA, Wash.-- Sep. 19--THE DEMAND FOR WEYERHAEUSER STOCK was so strong when the market opened Thursday that trading was stopped for nearly 30 minutes. Too few people wanted to sell their stock and too many wanted to buy it for...

Washington State Reaches Settlement With Car Dealerships.(Originated from The News Tribune, Tacoma, Wash.)
September 19, 1997... TACOMA, Wash.--Sep. 19--Tacoma car dealer Robert Larson has paid $425,000 in fines, penalties and legal fees in a settlement reached with the state attorney general's office. Attorney General Christine Gregoire will suspend an...

New Boeing Ads Focus on Image, Not Airplanes.(Originated from The News Tribune, Tacoma, Wash.)
September 19, 1997... TACOMA, Wash.--Sep. 19--The Boeing Co.'s current television ad seems oddly out of place between sales pitches for beer and burgers. The ad doesn't try to sell you a 747 or persuade you to take your next flight on a Boeing jetliner....

Missouri PSC Approves Utility's Plan to Issue Credits.(Originated from The Kansas City Star, Mo.)
September 19, 1997... Sep. 19--Missouri regulators gave their blessing Thursday to an agreement with Missouri Gas Energy that will mean $15 credits to about 100,000 customers and a total of $550,000 to persons who can't pay their gas bills. The Missouri...

Protesters Picket State College, Pa., Clinic for Starting Abortions.(Originated from Centre Daily Times, State College, Pa.)
September 19, 1997... STATE COLLEGE, Pa.--Sep. 19--Outside State College Medical Services on Thursday, about 10 protesters held anti-abortion signs and prayed as cars driving on Beaver Avenue honked in support. Inside the first medical practice in Centre...

Houston Firm May Buy Former AT&T Plant in Lee's Summit, Mo.(Originated from The Kansas City Star, Mo.)
September 19, 1997... Sep. 19--A Houston real estate investment company is close to an agreement to buy the sprawling former AT&T plant in Lee's Summit, which is now owned by Lucent Technologies. Townsend Companies is close to completing the purchase,...

Louisville, Ky., Chain to Buy Lexington Hospital.(Originated from Lexington Herald-Leader, Ky.)
September 19, 1997... Sep. 19--Four years after it was orphaned by Humana Inc., Lexington Hospital is scheduled to be adopted next month by its foster parent, Jewish Hospital HealthCare of Louisville. Jewish, which has managed the hospital since March...

US Airways Gives Pilots' Proposal A Close Look.(Originated from The Charlotte Observer, N.C.)
September 19, 1997... Sep. 19--Top US Airways executives cut short appearances at employee meetings in Pittsburgh on Thursday so they could respond quickly to a dramatic new contract offer from the airline's pilots. Chairman Stephen Wolf canceled the...

Fort Worth, Texas-Based Baird's Ponders Option to Go Public.(Originated from Fort Worth Star-Telegram, Texas)
September 19, 1997... FORT WORTH, Texas--Sep. 19--Mrs Baird's Bakeries, after 89 years as a family-owned business, is considering prospects for taking the company public, with a decision likely in six to eight months, company executives said Thursday. ...

Bradenton, Fla., Barnett Bank Manager Wins Highest Honor.(Originated from The Bradenton Herald, Fla.)
September 19, 1997... BRADENTON, Fla.--Sep. 19--For the first time in Barnett Bank's history, a Manatee County branch manager captured the highest honor earned by her peers. Mary Hellhake, office manager at the bank's Westside and Manatee West offices,...

Manhattan, Kan., Firm to Buy Freedom Bancshares Inc.(Originated from The Kansas City Star, Mo.)
September 19, 1997... Sep. 19--MNB Bancshares Inc. of Manhattan, Kan., has agreed to purchase Freedom Bancshares Inc. of Osage City, Kan., for an undisclosed amount of cash. Freedom owns Citizens State Bank in Osage City, which is about 30 miles...

Utility Companies Seek Federal Approval for Merger.(Originated from The Kansas City Star, Mo.)
September 19, 1997... Sep. 19--Western Resources Inc. and Kansas City Power & Light Co. filed legal documents Thursday to secure approval of their merger from the Federal Energy Regulatory Commission. The two utilities agreed in February to a $2 billion...

Accounting Firms Price Waterhouse, Coopers to Merge.(Originated from The Miami Herald)
September 19, 1997... Sep. 19--The accounting industry crunched its numbers Thursday. Fifth-ranked Coopers & Lybrand and sixth-ranked Price Waterhouse announced plans to merge, whittling the so-called Big Six accounting firms down to the Big Five. ...

Food Lion to Close All 61 Stores in Southwest.(Originated from The Charlotte Observer, N.C.)
September 19, 1997... Sep. 19--Food Lion said Thursday it will close all 61 of its southwest stores, which employ 3,100 people, because bad publicity and union activity there had hurt business too severely. "It was just too much to overcome," said Chris...

Missouri-Based Seafield Capital Wants Name Change to Lab Holdings Inc.(Originated from The Kansas City Star, Mo.)
September 19, 1997... Sep. 19--Seafield Capital Corp. wants to change its name to Lab Holdings Inc. to reflect that its last remaining property is stock in LabOne Inc. Stockholders will receive a proxy statement submitting the new name and other changes...

Newspapers Face Potential Postal Increase.(Originated from Fort Worth Star-Telegram, Texas)
September 19, 1997... FORT WORTH, Texas--Sep. 19--Community newspaper editors and publishers from across the country learned yesterday that it will be several months before they know whether a proposed postal rate increase will affect their operations. ...

New York Developer Plans Luxury Hotel for Miami Beach.(Originated from The Miami Herald)
September 19, 1997... Sep. 19--The Shore Club Hotel in Miami Beach was sold Thursday to a New York real estate developer who plans to convert the Collins Avenue property into an ultra-luxury hotel featuring restaurants operated by actor Robert DeNiro. ...

Miami-Based Generic Drug Maker Ivax Seeks Approval for New Drug.(Originated from The Miami Herald)
September 19, 1997... Sep. 20--In a bid to buoy its bottom line, struggling Miami-based generic pharmaceutical company Ivax Corp. has sold the U.S. and Canadian rights to its only made-from-scratch medicine to a drug firm best known for inventing the...

Boston-Based Weber Buys Florida Public Relations Agency Rubin.(Originated from The Miami Herald)
September 19, 1997... Sep. 20--Rubin Barney & Birger, last year ranked the second-largest public relations agency in Florida, has been sold to Weber Public Relations Worldwide, part of the Interpublic Group of Companies, a $20.9 billion advertising...

Murtle Beach, S.C., Chamber to Revise Marketing to Target Canadians.(Originated from The Sun News, Myrtle Beach, S.C.)
September 19, 1997... Sep. 19--While most Canadians have a good impression of the Grand Strand, a refined marketing approach can bring more of them to this area, according to a Myrtle Beach Area Chamber of Commerce study released Thursday. But a new...

Minnesota Rewards Two Firms for Increase in Hires.(Originated from Duluth News-Tribune, Minn.)
September 19, 1997... Sep. 19--Jobs keep coming at two Northeastern Minnesota plants recognized by the state Thursday. Northshore Manufacturing of Two Harbors plans to hire at least a dozen welders and machinists over the next year. Lumber mill Partridge...

Murphy McGinnis Media Buys Lake County, Minn., Newspaper.(Originated from Duluth News-Tribune, Minn.)
September 19, 1997... Sep. 19--The regional newspaper holdings of Murphy McGinnis Media continue to expand with acquisition of the Two Harbors-based Lake County News-Chronicle. The media company bought the 3,100-circulation weekly newspaper Aug. 31 from...

Great Lakes Shipping Industry Enjoyed Busy August.(Originated from Duluth News-Tribune, Minn.)
September 19, 1997... Sep. 19--It was a busy August in the shipping industry -- the busiest month since the early 1980s recession for the Great Lakes as a whole. For the Twin Ports, August brought port traffic close to a five-year average. U.S.-flagged...

Old-Time Wichita, Kan., Movie Theater to Be Demolished.(Originated from The Wichita Eagle, Kan.)
September 19, 1997... Sep. 19--The Crest Theatre, where generations of Wichitans walked in awe of its lavish decorations and 90-foot marquee, will join a parade of Wichita ghosts such as the Miller and Palace movie theaters. Carl Chuzy, a longtime...

California Computer Firm ShareWave Prepares for '98 Product Launch.(Originated from The Sacramento Bee, Calif.)
September 19, 1997... Sep. 19--An El Dorado Hills start-up company run by former executives of Intel Corp. is steaming ahead with efforts to develop a home entertainment product that combines computer and other consumer electronics technology. ...

San Francisco-Based Spieker Properties Expands in Sacramento.(Originated from The Sacramento Bee, Calif.)
September 19, 1997... Sep. 19--Spieker Properties Inc. will boost its commercial real-estate holdings in the Sacramento area to almost 2.5 million square feet with the local share of a $725 million portfolio that the real estate trust has agreed to buy,...

Sacramento, Calif., Bead Store Proprietor Expands Business.(Originated from The Sacramento Bee, Calif.)
September 19, 1997... Sep. 19--Just about this time last year, Esther Morse was at a crossroads. The owner of The Bead Shoppe at Quail Point Center in Fair Oaks was unsure of what to do next. How should she market the business? What about inventory...

Anchorage, Alaska, Firms See Internet as Just One Way to Advertise.(Originated from Anchorage Daily News)
September 19, 1997... Sep. 19--Many questions remain about when and why to advertise on the ever-growing Internet, but there is no doubt that more and more shoppers are using their personal computers to browse electronic storefronts. "We still don't...

Subtle Hints Point to Leveraged Buyout in Columbia/HCA's Future.(Originated from Nashville Banner, Tenn.)
September 19, 1997... Sep. 19--Subtle hints mixed with an eerie sense of deja-vu seem to be pointing to a leveraged buyout down the road for Columbia/HCA Healthcare Corp. "It would probably be a wise move," says John Runningen, an Atlanta- based health...

Sunrise, Fla., May Be at Top of Airbus List for Global Training Center.(Originated from The Miami Herald)
September 19, 1997... Sep. 19--Sunrise appears to have emerged as the Broward front-runner in the battle to land Airbus Industrie, the European airplane manufacturer looking to relocate its global training center. Broward County commissioners are...

Rise in Hollywood, Fla., Property Values Might Result in Small Tax Increase.(Originated from The Miami Herald)
September 19, 1997... Sep. 18--The average Hollywood homeowner will only pay a few more dollars next year in property taxes. City commissioners gave final approval Wednesday to the $170.4 million budget and a tax rate of $6 for every $1,000 of taxable...

Hollywood, Fla., Gives First Approval to Airport Expansion Plans.(Originated from The Miami Herald)
September 19, 1997... Sep. 18--Hollywood city commissioners said Wednesday they did not think Broward County had done enough to offset the potential impact the expansion of Fort Lauderdale-Hollywood International Airport would have on the city. They...