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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Feb 17, 2004

Page

5

Martha Stewart weighs witness stand in high stake trial

With the government near resting its case in the ImClone stock fraud trial, Martha Stewart faces a pivotal decision on testifying. Prosecutors press toward rest. key witnesses have highlighted inconsistencies, while Stewart’s lawyers weigh the risk of cross examination and potential exposure.

New York Martha Stewart Stewart ImClone Systems

Cessna to assemble Citation Mus tang in Independence Kansas

Cessna Aircraft Co will build its new Citation Mustang business jet in Independence Kansas, creating about 500 new jobs. The plant, chosen over Wichita, will employ roughly 350 existing workers and has taken more than 200 orders with first deliveries slated for 2006.

Cessna. Aircraft Co Independence Kan Kansas Town Cessna Jack Pelton Wichita

Yukos shareholders offer stake to government for Khodorkovsky release

Group Manatep core holders led by Leonid Nevzlin said they would transfer their Yukos stake to the government if Khodorkovsky could be freed. Nevzlin noted he owns about 3.5 percent through Menatep. Khodorkovsky, Yukos former chief, has remained in custody after arrest on fraud and tax evasion charges. bail petitions have been repeatedly rejected amid claims of political motivation.

Russia Yukos Mikhail Khodorkovsky Leonid Nevzlin Group Menatep Khodorkovsky Life Menatep Dow Jones

Paris Orly strike slows travel with mass flight cancellations

Air traffic controllers at Paris Orly airport walked out for several days as two major unions protest air traffic control reforms. Nearly 60 percent of flights were canceled, mainly domestic, while Roissy Charles de Gaulle remained unaffected and about 120 flights were still expected to operate Monday. Travel plans were disrupted as airlines rebooked passengers to cope with the walkout.

Paris Orly ADP Paris Airports Authority Roissy-Charles de Gaulle

Commercial condo project aims to aid Lawrence small businesses

Lawrence developers led by Jeff Schmalberg plan a 20,000 square foot retail and warehouse building at the northwest corner of 33rd Street and Ousdahl Road on South Iowa. The six to eight units will be sold as commercial condos to local entrepreneurs seeking ownership over rented space. Prices start at 250,000 with construction hoped to begin once three units are sold by spring, backing efforts to curb high land costs limiting small-business ownership.

Lawrence Iowa Street Jeff Schmalberg 33Rd Street Ousdahl Road I’m Schmalberg New Hampshire Street Iowa Kohl’s Department Wal-Mart Home Depot Best Buy Cory Brinkerhoff Brinkerhoff Real Estate Brinkerhoff Ing

BlueScope bids $205 million for Butler to expand in China

Australia’s BlueScope Steel launches a 205 million dollar bid for Butler Manufacturing of Kansas City to gain access to China and bolster high margin steel products. Butler employs 550 in KC and 4,500 worldwide led by CEO John Holland. The offer values at 22.50 per share with debt, signaling a strategic push despite US market headwinds.

Melbourne Australia BlueScope Steel Ltd U.S Butler Manufacturing Co China Kansas City Butler BlueScope United States Kansas University John Holland

Siemens to Move U S Software Jobs to India and Beyond

Siemens plans to transfer most of its 15 000 U S and Western Europe software programming jobs to India China and Eastern Europe. Anil Laud says move aims to shift development from high to low cost countries. India hosts about 3 000 of Siemens 30 000 programmers. Details on exact numbers and timeline were not disclosed. This follows a broader trend of offshoring software and back office work to cut costs. India is projected to earn 13 billion dollars from such services in the year to March.

Bangalore India Siemens United States Europe China Anil R. Laud Siemens Information Systems

Also Mentioned on This Page

Martha Greg Markel Cadwalader, Wickersham & Taft Peter Bacanovic Star Douglas Faneuil Merrill Lynch & Co Bacanovic ImClone Sam Waksal Ann Armstrong Armstrong Hope South Clawhorn Ljworld.com Doug Brown Coldwell Commercial McGrew Real Estate Monterey Business Plaza Sixth Eldridge Streets Brown Chad Lawhorn Thad Allender Journal-World Photo Mark Cotton Macquarie Equities Kirby Adams Adams Butler Designs North America
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