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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jul 06, 2005
Page
11
Ford Motor Co. said it would match General Motors Corp. discounts by offering its own employee discount program the Ford Family Plan through August 1. GM extended its Employee Discount for Everyone deal to August 1, intensifying Detroit's price war on 2005 model cars and trucks.
Kansas City DST Systems sells its DST Innovis unit to St Louis based Amdocs for 238 million cash. Amdocs will run it as broadband cable and satellite division with Peter Nault staying as president and CEO. Guggenheim Aviation orders six Boeing 747 freighters for 1.37 billion to be delivered 2006 through 2008. funds managed by Guggenheim.
Wal-Mart Stores raised its June sales projection to the highest since May 2004, helping lift the Dow 68.36 points to 10,371.80 as investors cheered stronger factory orders and an improving economy. Analysts noted demand for airplanes helped orders while gas prices constrained nonessential spending.
The article traces Amazon.com from a 1995 book selling startup run by Jeff Bezos to a global e commerce leader with nearly 49 million active customers and $6.92 billion in 2004 sales. It notes rivals expanding online, Amazon’s expansion into music, DVDs, electronics, and international sites, and milestones like Prime launch and Look Inside the Book.
Consumers face higher foreign charges as credit card issuers introduce new markups and quietly disclose extra fees. Despite ongoing costs, cards remain convenient for cross border payments when used wisely and paid in full each month. ATM cards and traveler's checks offer alternatives for smaller purchases.
The World Company named Dan Cox senior designer to lead World Online as director of new media. He succeeds Rob Curley, who leaves July 15 for Naples Daily News. Cox praised for user focused, innovative sites and previously won an EPpy Award for LJWorld.com.
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