Landry's to buy Golden Nugget Las Vegas casino
Houston based Landry's Inc owner of Rainforest Cafe and The Crab House agreed to acquire the Golden Nugget Las Vegas from Poster Financial Group for 140 million dollars in cash and assume 155 million dollars in debt. The deal follows Landry's plan to enter the lucrative gambling sector, boosting profit potential.
MENTIONED IN THIS ARTICLE
Landry's Restaurants Inc
Las Vegas
Landry
Landry's
Poster Financial Group Inc
Golden Nugget
AOL engineer pleads guilty in massive data theft case
Jason Smathers, a 24 year old former AOL software engineer from Harpers Ferry West Virginia, pleaded guilty to conspiring to steal 92 million screen names and e mail addresses and sold them to spammers. He faces 18 months to two years in prison and mandatory restitution between 200000 and 400000.
MENTIONED IN THIS ARTICLE
Jason Smathers
Harpers Ferry
W. Va
U.S
Manhattan
Smathers
AOL
Time Warner earnings rise on cable and publishing gains
Time Warner Inc, the world's largest media company, reported higher fourth quarter earnings driven by cable TV and publishing. Net earnings reached $1.13 billion or 24 cents a share, up from $639 million or 14 cents a share a year earlier, helped by excluding losses from its former music division.
MENTIONED IN THIS ARTICLE
Time Warner Inc
Time Warner
Contact Us Mark Fagan Business Editor
Local readers can reach Mark Fagan, our business editor, by phone at 832 7188 or via email at mfagan ljworld.com for business and market news inquiries and submissions.
MENTIONED IN THIS ARTICLE
Mark Fagan
Mfagan
Ljworld.com
Kansas energy industry posts record year 2004 in oil and gas
Kansas posted a record 3.5 billion dollars in oil and natural gas sales in 2004 as prices surged. Oil production reached 33.9 million barrels while gas output fell 4 percent to 405 billion cubic feet, yet value rose to 2.2 billion. Colt Energy president Nick Powell and KU energy researcher Tim Carr noted price gains boosted state incomes and job potential, highlighting Great Bend Dodge City Liberal and Chanute as key beneficiaries.
MENTIONED IN THIS ARTICLE
Kansas Geological Survey
Nick Powell
Colt Energy
Douglas County
Kansas
Romana Anan
Brown Cargo Van expands as Kansas counties buy mobile command vehicles
Lawrence based Brown Cargo Van Inc gains 10 new employees and 17 percent yearly growth as Kansas counties buy specialized trucks. Douglas County rolls out a $237,000 mobile command vehicle from a 60,000 square foot plant, replacing an aging bus. President Sidney Garrett notes local support and homeland security grants fueling orders totaling about $700,000 for 17 Kansas and Missouri counties.
MENTIONED IN THIS ARTICLE
Homeland Security
Brown Cargo van Inc
Kansas
Douglas County
Lawrence
Bill Brubaker
Douglas County Emergency Management
Lawrence-Douglas
Missouri
Mike Yoder
Journal-World Photo
City Public Works Yard
Sluggish Hiring Amid Payroll Rise in January
The Labor Department reports 146000 added payroll jobs in January while the unemployment rate dips to 5.2 percent as people exit the labor pool. Economists note cautious hiring due to energy costs and health care, with the Dow up on hopes the Fed may ease rate increases. President Bush's term shows a net gain of payroll jobs from 2001 to 2005.
MENTIONED IN THIS ARTICLE
Washington
America
Labor Department
Bush
Herbert Hoover
Lynn Reaser
Banc of America Capital Management
Wall Street
Federal Reserve
Dow Jones
January merger boom signals economic health
The January merger market posted 138 billion in deals, the strongest January since 2000, as corporate America with strong cash reserves accelerates expansion. Procter & Gamble plans a 57 billion Gillette purchase, reflecting renewed deal activity after the dot-com bust and recession.
MENTIONED IN THIS ARTICLE
New York
Procter
Gamble Co
Gillette Co
Wall Street
America
Thomson Financial
Also Mentioned on This Page
Landry's Restaurants
Cap Fed
Capitol Federal Financial
Internet
Kansas Energy Industry
Trombeck
World.com
AUC Liwacy Uves
Tim Carr
Kansas University-based
Survey
Johnson County
Topeka
Terry Rombeck
Chris Royer
Journal-Worl
Brown Cargo van
Sidney Ashton Garrett
Brown Cargo
Van
Fed
By Jeannine Aversa
Associated Press
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