Former Sothebys Chief Diana Brooks Sentenced To Home Detention
Diana Brooks, first woman to head a major auction house, was sentenced to six months home detention and a 350000 dollar fine for involvement in a top management price fixing scheme with Christies. She faces three years probation and 1000 hours of community service, following A Alfred Taubman's prison sentence and heavy fines. Consumer spending rose 0.4 percent in March, aiding the economic recovery, with incomes up 0.4 percent, softer than February's 0.6 percent gains.
MENTIONED IN THIS ARTICLE
Sotheby's
Diana Brooks
Christie's
Brooks
Sotheby’s
A. Alfred Taubman
Commerce Department
United States
DuPont job cuts target 2000 positions in restructuring
DuPont Textiles and Interiors plans a restructuring that will cut about 2000 jobs and record a second-quarter charge. The company aims to save roughly 120 million dollars a year, with over two-thirds of cuts in U S facilities and offices and the remainder in Europe. More than half the jobs to be eliminated by July 31.
MENTIONED IN THIS ARTICLE
DuPont Textiles and Interiors
DuPont
United States
Europe
Tyson Foods profits rise after IBP deal gains
Tyson Foods Inc posted a profit in the second quarter as sales surged following its IBP Inc acquisition. Earnings grew to 18 cents a share from a 3 cent loss a year earlier. Shawnee based Seaboard Corp, an agribusiness and transportation firm, raised its quarterly dividend to 75 cents a share from 25 cents.
MENTIONED IN THIS ARTICLE
Tyson Foods Inc
Meatpacker Ibp Inc
Kansas
Seaboard Corp
Boeing upbeat on military orders as air unit improves
Boeing chairman Phil Condit told shareholders the military aircraft division remains strong, with negotiations for a 100 aircraft 767 tanker lease and likely congressional approval for a 60 plane C 17 contract through 2008. He cited improved single aisle demand and 110 airplanes delivered in Q1, though 747 bids lag. The space unit faces satellite reflector problems, while the company reorganizes to boost earnings by year’s end.
MENTIONED IN THIS ARTICLE
Cuicaco
Boeing Co
Phil Condit
Boeing
Condit
US Air Force
Military Aircraft Division
Space and Communications
New York Stock Exchange
Massage therapy rules spark local inquiry in Lawrence
Lawrence faces lax rules as massage therapists operate without licensure. Several practitioners advise asking about qualifications before sessions, noting Kansas towns rarely require National Certification Board accreditation. The issue mirrors broader state practice.
Consumer alert on massage therapy standards in Lawrence
Local report notes many massage therapists in Lawrence lack national board certification though 18 of 27 listed by the latest directory are certified. Professionals urge questions about qualifications and continuing education, while city rules offer little oversight.
MENTIONED IN THIS ARTICLE
Marcia Butell
Rejuvene Day Spa
Butell
Lawrence
The
National Board
Ncbtmb.com
Judy Hermann
Dave Corliss
Joy DeMaranville
Southwind Health Collective
Douglas County Bank to celebrate golden anniversary
Douglas County Bank marks 50 years since opening on May 1, 1952 with an open house at its Ninth and Kentucky streets main office. Chairman Ross Beach and President Ted Haggart say the bank will remain privately held by Beach and wife Marianna, preserving a Douglas County focus and local governance.
MENTIONED IN THIS ARTICLE
Douglas County Bank
Lawrence
Ross Beach
Ninth
Kentucky Streets
Ted Haggart
Douglas County
Haggart
Douglas County Bank and KANU to host Whad Ya Know live
In a joint 50th anniversary celebration Douglas County Bank and KANU radio announce a nationwide live broadcast of National Public Radio’s quiz show Whad Ya Know. The July 13 event will air from the Lied Center with national distribution.
MENTIONED IN THIS ARTICLE
Douglas County Bank
Kanu Radio
National Public Radio
Lied Center
Bank assets surge from 7 million to 170 million since 1964
The bank once bought by Beach in 1964 held about 7 million in assets and now totals around 170 million. Business editor Chad Lawhorn can be reached at B32 6362.
MENTIONED IN THIS ARTICLE
6News
Karen Palermo Bledsoe
Beach
Chad Lawhorn
Local grain prices at Ottawa and other elevators
As of Monday close Ottawa Cooperative Assn lists Wheat 2.51, corn 1.71, milo 51.63, soybeans 4.39. Edgerton 2.54, 1.73, 1.63, 439. Overbrook 2.54, 1.71, 1.63, 4.39. Midland and Lawrence elevators show mixed NA readings and soybeans 4.39 to 4.42 across traders.
MENTIONED IN THIS ARTICLE
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland Elevator
Lawrence North
Lawrence South
Quotations and receipts from St Joseph livestock and metal prices
Quotations for Monday show estimated receipts of 775 with slaughter steers and heifers selling steady to 1.00 lower versus last week. Markets note attractive supply quality and a large consignor. Nationwide finished market was 2.00-3.00 lower, with live prices 63.00-64.00 and dressed 103.00-104.00, few 105.00, cows and bulls not yet established. Nonferrous metals report spot prices in New York with lead 45 cents per lb, gold 309.70 per troy oz, silver 4636 per troy oz.
MENTIONED IN THIS ARTICLE
St. Joseph
St. Joseph, Mo
New York
Handy & Harman
N.Y
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