Retail sales rise 0.4 percent in November
Energized shoppers boosted U S retailers by 0.4 percent in November the best in three months Furniture and home furnishings led gains in nearly two years The November rise followed a 1.5 percent drop in September and a 0.1 percent rise in October Analysts say the gain supports continued consumer spending to avert a recession Shoppers fill Willowbrook Mall in Houston shown above
MENTIONED IN THIS ARTICLE
Commerce Department
Willowbrook Mall
Houston
Blue Cross of Kansas President to Retire in June
Topeka based Blue Cross and Blue Shield of Kansas will see president and chief executive John W. Knack retire June 1. Knack, 58, has led since 1997 and joined the company in 1971 as board weighs successor. Anthem Blue Cross and Blue Shield pursues purchase. Kansas Supreme Court dispute ongoing.
MENTIONED IN THIS ARTICLE
Blue Cross
Blue Shield of
Kansas
John W. Knack
Knack
Anthem Blue Cross and
Blue Shield
Kathleen Sebelius
Kansas Supreme Court
Intrust Financial to go private by year’s first quarter
Wichita based Intrust Financial Corp plans to convert from a public to a private company in Q1 2003. The move will delist from OTC Bulletin Board and reduce holders to under 300, exempting SEC filings. shareholders with under 1000 shares may sell back at 152 per share. larger holders keep shares. Intrust runs two Lawrence banking locations.
MENTIONED IN THIS ARTICLE
Intrust Financial Corp
OTC Bulletin Board
Security and Exchange Commission
Intrust
Lawrence
Star Signs and Graph ics rise after move to new building
Sunday feature examines Star Signs and Graphics shifting upward after relocating. The piece notes improved visibility, potential client growth, and changes in operations tied to the new site.
Westar names Chandler chairman amid Wittig exit
Westar Energy names Charles Q. Chandler IV chairman of the board replacing David Wittig who resigned after facing federal charges tied to a $1.5 million bank loan. Chandler, 49, chairs Intrust Financial and has served on Westar’s board since 2000. Wittig pleaded innocent. leaders seek governance reforms while noting Chandler’s banking expertise amid ongoing financial concerns. Shares edged up to $11.40 on the NYSE.
MENTIONED IN THIS ARTICLE
Topeka
Westar Energy
Charles Q. Chandler IV
David Wittig
Wittig
Westar
James Haines
Posi
Tions
Chandler
Intrust Financial Corp
Wichita
Kansas
Oklahoma
Jim Zakoura
Zakoura
Lawrence
New York Stock Exchange
Kansas University
Wall Street banker Friedman named head of National Economic Council
President Bush named Stephen Friedman, former Goldman Sachs chief, to lead the National Economic Council, aiming to push a growth and jobs package and sell a tax cut plan to Congress. Conservatives criticized the pick, while supporters praised his economic thinking and commitment to growth.
MENTIONED IN THIS ARTICLE
Washington
Bush
Wall Street
Stephen Friedman
National Economic Council
Friedman
Lawrence Lindsey
Treasury
Paul O’neill
Congress
Goldman Sachs
John W. Snow
White House
Ronald Reagan
Tom Giovanetti
Institute For Policy Innovation of Dallas
Giovanetti
Concord Coalition
Paul Tsongas
Warren Rudman
Grover Norquist
Americans For Tax Reform
Norquist
Roosevelt Room
Sprint lifts long distance earnings forecast despite 2002 revenue drop
Sprint Corp expects 2002 long distance earnings per share of 1.0 to 1.35 on 15.2 billion revenue, up from earlier guidance, while 2003 targets 1.40 to 1.45 per share as revenues dip single digits. The firm also foresees fewer wireless customers in Q4 and plans 2,100 more layoffs. Esrey cites rationalizing supply and demand after price declines and overcapacity.
MENTIONED IN THIS ARTICLE
Overland Park
Sprint Corp
Sprint
William T. Esrey
New York
Sprint Fon
New York Stock Exchange
PCS
Wireless
Sprint Pcs
United plans low-cost carrier to compete with Southwest
Bankrupt United Airlines seeks launch next year of a no-frills unit to cut costs and win a government loan guarantee. Chairman Glenn Tilton outlined a Dallas Southwest like model with point to point routes, Boeing 737 and Airbus 320 fleets, and unions negotiating wage cuts. The subsidiary would aim to begin operations next year.
MENTIONED IN THIS ARTICLE
United
Herndon
United Airlines
Southwest Airlines
Glenn Tilton
Tilton
Also Mentioned on This Page
Insurance Blue Cross
Utility Westar
Gene Budig
Endowment Association
Frank Becker
Kansas Board of Regents
John C. Nettels Jr
R.A. Edwards
Scott Rothschild
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