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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Feb 03, 2002
Page
21
A fitness of misdirection outlines Office Depot as the largest chain in a certain product category. It claims 12 billion dollars in annual revenue, 48,000 employees, about 1,000 stores, and online sales figures. includes a 1998 merger with a Viking and mentions 14 international sites. The piece invites readers to submit trivia answers for a prize.
The Federal Trade Commission plans to modify the Telemarketing Sales Rule with a toll free opt out do not call list, measures to curb caller ID hiding, limits on obtaining consumer account data, and disclosures on credit protection plans. Privacy and free speech debates arise as the agency invites public comments ahead of a March 29 deadline. The initiative targets a vast market with billions in sales and millions of jobs at stake.
Intel reported 7 billion dollars in revenue and 0.15 earnings per share before acquisition costs, beating projections by four cents. The company aims to trim capital spending this year while boosting research and development, as it bets on a sector rebound and maintains a 51 percent gross margin forecast for 2002.
Brad Sharp of Wilmington Ohio recounts buying $1,000 of the Lexing ton Troika Dialog Fund after a 90 percent drop in 1998. By 2001 the fund ranked among the top 50 mutual funds, growing his stake to about $4,500 as he trusted his firsthand experience over prevailing Wall Street sentiment.
Martin, co chair of the Lawrence Douglas County Economic Development Board, pushes a plan to rewrite Horizon 2020's economic development chapter, seeking broad goals and strategies to attract high quality employers. He backs living wages and warns against a stigma of anti business sentiment while inviting wider community input and debate on wage standards and incentives. The plan requires approval by the Lawrence City Commission and Douglas County Commission before adoption.
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