The Long Hours Era Redefines Job Success
Employers push for 60 to 70 hour weeks as a norm while promotions shrink. HR executives in Houston note workers stay for job security, with many taking on extra tasks or accepting lower pay for more vacation or shorter weeks. Some move to lower roles to reclaim personal time, yet performance reviews often show no clear link to hours worked.
MENTIONED IN THIS ARTICLE
Evangeline C. Caridas
King Chapman ,& Broussard
Houston
Mike Payne
Exxon Chemical Co
Payne
GN Resources
Cindy Sparkman
Apache Corp
Sparkman
Ruth Seslee
Houston Haan Resource Manageme
Assi
Retail sales rise 0.4 percent in November records eighth gain
The Commerce Department reports November retail sales up 0.4 percent to 178.9 billion, eighth straight increase. Furniture and building supply stores lead, while department stores fall. weather and holiday shopping influence traffic as auto sales dip slightly.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Midwest
Local Stocks Update Featured in Journal-World
A stock market update prompts readers to dial a number for latest quotes and notes a complete market wrapup in Saturday's Journal-World. The notice urges readers to watch for the full report.
MENTIONED IN THIS ARTICLE
Journal-World
Midwest Markets Report From Midland and Omaha Livestock
Local markets show Wichita Midland Elevators quoting wheat at 4.77, corn 2.84, milo 4.65, soybeans 6.61. Omaha Livestock Market prices indicate hogs 700 head with firm to higher cash bids, cattle with steady to higher reading, and Kansas City sales noting steady to higher slaughter steer and heifer bids amid active futures. Rates provided by Commerce Bank of Kansas City with interbank trades at 8 a.m. today.
MENTIONED IN THIS ARTICLE
Midland
Lawrence
Corp
Milo
Omaha
Commerce Bank of
Kansas City
N.A
Commerce Bank
BCC
Treasury bill rates ease as auctions show declines
Washington reported declines in short term rate benchmarks as Treasury sold 14.1 billion in three month bills at 3.06 percent and 13.1 billion in six month bills at 3.26 percent. One year bills averaged 3.60 percent, down from 3.62 percent.
MENTIONED IN THIS ARTICLE
Washington (Ap
Treasury
Treasury Department
Federal Reserve
Outlet center owners make public offering
Chelsea GCA Realty Inc formed by merger of Chelsea Group of Roseland and Ginsburg Craig Associates. IPO raised $292 million from 10.6 million shares at $27.50. The portfolio includes 13 outlet mall properties totaling 1.9 million square feet, all fully leased, with Riverfront Plaza in Lawrence reporting strong tenant sales and space demand. Industry outlook notes 1992 manufacturers’ outlet sales up 12.2 percent.
MENTIONED IN THIS ARTICLE
Chelsea Group
Roseland
N.J
Lawrence Riverfront Plaza
Ginsburg Craig Associates
Newport Beach
Calif
Chelsea Gca Realty Inc
New York Stock Exchange
Lawrence
Riverfront Plaza
Loral to buy IBM Federal Systems for 1.6 billion cash
Loral Corp will acquire IBM division that designs and runs computers for government agencies for 1.6 billion in cash, twice the value analysts placed on IBM Federal Systems, signaling strong buyer interest as FAA reviews work and Paramount weighs bids from QVC and Viacom after a Delaware court action.
MENTIONED IN THIS ARTICLE
Loral Corp
IBM
Federal Systems Co
Federal Aviation Administration
Federal Systems
U.S
Shawmut Mortgage settles bias suit for minority loan reimbursements
Shawmut Mortgage Co, the Justice Department and the FTC reached a settlement in a race discrimination suit. The agreement allocates 960000 dollars to reimburse minority applicants possibly denied loans. Federal judge in Connecticut approved the deal announced by Attorney General Janet Reno.
MENTIONED IN THIS ARTICLE
Shawmut National Corp
Shawmut Mortgage Co
Justice Department
Federal Trade Commission
Connecticut
Janet Reno
NME Reaches $89.9 Million Insurance Settlement
National Medical Enterprises agreed to pay 89.9 million dollars to 13 insurers who sued the hospital chain in Washington DC. The accord ends NME's major civil suits with insurers while talks continue with the Justice Department over a federal criminal probe into alleged over treatment of psychiatric patients and insurer overcharges.
MENTIONED IN THIS ARTICLE
National Medical Enterprises
Washington, D.C
NME
Justice Department
Also Mentioned on This Page
Vonity
Closeman Chage High
Anc
Allied Sig Applebee
Buckle Inc
Dayton-Hud
E Fleming
Goodyear
Hercules
Kmart
Kroger
Mercantile
Merck
Nat! Pizza
Chinge High Office
O'Reilly Auto Va
JC Penney
Pepsico
Quaker
Sallie Mae
Santa Fe
Seafield
Sealright
Sears
Sthwest Bell
TRW
Trinova
UtlCorp
Wal-Mart
Western Res
Williams
Woolworth
Courtesy
Edward D. Jones & Co
Dodge City Livestock
Pope Cuy
Kansas
Canada
France
Germany
Great Britain
Italy
Japan
Mexico
Switzerland
Gwyn Mellinger
Journal-World Business
Lawrence Riverfront
Tanger Factory Outlet Centers Inc
Stanley K. Tanger & Co
North Carolina
Tanger Factory Outlet Center
Loral
Paramount Communications Inc
Delaware
QVC Network Inc
Paramount
QVC
Viacom Inc
Peace’s
PENCE
New York
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