Goofy and Mickey Costumes Pay Ruling at Disney
A federal mediator ruled that Walt Disney World employees must be paid for time spent dressing in Mickey Mouse and Goofy costumes or changing into uniforms. The decision could trigger back pay for about 3,000 workers who alleged Disney stopped paying in 1999 for dressing and pre-shift uniform wear. The arbitrator did not specify the total amount due.
MENTIONED IN THIS ARTICLE
Walt Disney World
Mickey Mouse
Goofy
Disney
Michael Eisner
U S factory orders slide to 16 month low in February
U S factory orders fell 0.4 percent in February to 363 billion dollars, the lowest since October 1999, as demand for industrial equipment including computers and machine tools weakened. Analysts had expected a 0.2 percent drop. Separately, TWA asset sale to AMR Corp could close soon after bankruptcy court denied stay motions from creditors led by Carl Kahn.
MENTIONED IN THIS ARTICLE
U.S
Commerce Department
Trans World Aiirlines Inc
American Airlines
Peter Walsh
TWA
Fort Worth
Tex
PSINet Seeks Bankruptcy Protection Amid Cash Shortage
PSINet Inc said it faces a cash shortage and likely will seek federal bankruptcy protection. The company told the SEC it would miss the deadline to file its 2000 annual report due to changing financial circumstances.
MENTIONED IN THIS ARTICLE
Internet
Psinet Inc
Securities and Exchange Commission
Best Buy Posts 16 Percent Q4 Profit Gain On Sales Surge
Best Buy Inc reports a 16 percent rise in fourth quarter profits to 189.7 million dollars or 89 cents a share, beating expectations as digital product sales grow. Costs from acquiring Musicland Stores and write-downs on investments weigh on results. compared with 163.8 million dollars or 78 cents per share a year earlier.
MENTIONED IN THIS ARTICLE
Best Buy Inc
Wall Street
Musicland
AIG bids $23 billion to buy American General in stock proposal
American International Group offered 23 billion in stock to acquire American General Corp valuing the company at 46 dollars a share. The bid exceeds Prudential's 26.5 billion approach though stock moves so far trimmed values from Tuesday close. Greenberg signaled talks with American General as both firms weigh the combination.
MENTIONED IN THIS ARTICLE
New York
American International Group Inc
American General Corp
Prudential Plg
AIG
Maurice Greenberg
American General
Houston
AJG
Greenberg
Prudential
Robert Devlin
Newark, NJ
Geraldine Davies
New York Stock Exchange
Markets plunge as earnings warnings drive Dow Nasdaq slide
Wall Street extended a broad market decline led by Dow losses of about 292 points and double digit drops in the Nasdaq as weak first quarter outlooks and China tensions spurred fears of a slowing economy. IBM, HP and automakers tumbled with the Dow's retreat from its January 2000 high leaving all major indices well down from peaks.
MENTIONED IN THIS ARTICLE
New York
Wall Street
United States
China
U.S
Dow
Standard & Poor
Charles Crane
Spears, Benzak
Salomon & Farrell
Key Asset Management
Ariba
BroadVision
IBM
Hewlett- Packard
General Motors
Philip Morris
Merck
S&p
New York Stock Exchange
Debate Clears Study On Wage Gap For Federal Contractors
A draft Labor Department based study released by Sen. Tom Harkin finds women on U.S. government contracts earn about 72 cents for every dollar a man earns. It cites occupational segregation and discrimination as causes and uses data from 1999 contractor surveys and earlier population surveys. The department questions the study’s accuracy and has not issued it officially. an updated report is planned.
MENTIONED IN THIS ARTICLE
Washington
U.S
Labor Department
Tom Harkin
Iowa
Harkin
Clinton
Stuart Roy
Labor
Elaine Chao
Roy
Lam
Chao
Bush
League of
Market roundup from farmers cooperatives and grain prices
Local market quotes show Farmers Cooperative Assn South Elevator Wheat at NA soybeans 4.04 milo 1.71 corn 1.78, Midland Elev NA wheat and corn 1.78, North Elevator wheat NA soybeans 4.04 milo NA. USDA loan deficiency payments list corn 0.12 oats 0.09 soybeans 1.23. Also St Joseph MO cattle bids and receipts for Tuesday with lean meat cut points, plus nonferrous metal quotes Copper 80, Gold 257.10, Silver 4.355, Mercury 150 per 76b flask.
MENTIONED IN THIS ARTICLE
Farmers Cooperative Assn
South
Milo
Midland
North
USDA
New York
London
U.S
Handy & Harman
Mercury
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