Sears posts loss for quarter after merger
Sears Holdings Corp, created by the March 24 acquisition of Sears Roebuck and Co. by Kmart, reported a 9 million loss for the February to April period. The result includes a 90 million charge for inventory cost accounting changes, leaving a nominal profit of 81 million before the charge.
MENTIONED IN THIS ARTICLE
Sears Holdings Corp
Kmart
Sears
Sears Holdings
Kmart Holding Corp
Sears, Roebuck and Co
Lawrence
United to abandon Denver baggage system chaos
United Airlines will drop the automated baggage handling system at Denver International Airport after more than ten years of trouble. The switch to a manual system by year end aims to cut operating costs by about one million dollars monthly as the carrier seeks to emerge from bankruptcy protection.
MENTIONED IN THIS ARTICLE
United Airlines
Denver International
Aquila disputes KCC staff report on assets and debt
Aquila Inc. rebutted a Kansas Corporation Commission staff report stating the utility faces grave financial risk and could file for bankruptcy, and that it cannot reach investment grade debt by February 2006. Aquila criticized the report as flawed and ignored its restructuring plan including recent asset sales.
MENTIONED IN THIS ARTICLE
Aquila Inc
Kansas
Kansas Corporation Commission
Kansas City
Contact Us Mark Fagan Business Editor
Mark Fagan, business editor at the Kansas City newspaper, provides contact details for readers to reach the business desk. Include phone line 832-7188 and email address mfagan ljworld.com for story tips and inquiries.
MENTIONED IN THIS ARTICLE
Mark Fagan
Mfagan
Ljworld.com
Kansas Rural Life Task Force seeks two towns for growth pilot
Kansas Gov. Kathleen Sebelius Rural Life Task Force seeks two communities with under 2,000 residents for a two year pilot to identify growth solutions. Mentoring and barrier removal offered but no funds. the model may apply to clusters of towns or niche businesses. Inman resident Marci Penner notes hands on help and training.
MENTIONED IN THIS ARTICLE
Kansas
Kathleen Sebelius
Rural Life Task Force
Fac
Sebelius
Inman
Marci Penner
Lecompton
Rural Life Task Force invites applicants in Kansas
Communities including Wellsville with 1,600 residents may apply to participate in the Rural Life Task Force project. Applications are due by July 15, with selections expected to be announced November 15. For more details visit ksgovernor.org workgroups htf.htm. Staff writer Scott Rothschild can be reached at 785 354 4222.
MENTIONED IN THIS ARTICLE
Rural Life Task Force
Ksgovernor.org
Htf
Htm
Dents
Wellsville
Scott Rothschild
GM to cut 25,000 U.S. jobs by 2008 at GM plants
GM chairman Rick Wagoner told shareholders at the 97th annual meeting in Delaware that the automaker will close plants and eliminate about 25,000 manufacturing jobs in the United States by 2008 to restore profitability. The plan aims for roughly $2.5 billion in annual savings as GM fights to regain U.S. market share amid losses and competition from Toyota and Nissan.
MENTIONED IN THIS ARTICLE
Wilmington
Del
General Motors Corp
United States
Rick Wagoner
Delaware
United Auto Workers Union
UAW
U.S
Richard Shoemaker
Wagoner
North American
Robert Lutz
General Motors
John Devine
Lawrence firms win Commerce Merit Awards in Kansas
Four Lawrence companies Deciphera Pharmaceuticals Prosoco Z s Divine Espresso and The World Company were among 274 firms honored by the Kansas Department of Commerce for economic development quality training and community contributions. The awards were presented at the East Central Region ceremony in Kansas City Kansas with nominations from the Lawrence Chamber of Commerce. Watco Cos of Pittsburg won the Governor's Award of Excellence last week in Topeka.
MENTIONED IN THIS ARTICLE
Lawrence
Kansas Department of Commerce
Deciphera Pharmaceuticals LLC
Prosoco Inc
Z’s Divine Espresso
the World Company
Journal-World
Lawrence Chamber of Commerce
Hilton Garden Inn
Reardon Center
Kansas City
Kan
Watco Cos
Pittsburg
Kansas Cavalry
Topeka
Commodities mixed as grain and livestock futures slip
Chicago Board of Trade soybeans and grain futures edged lower on Tuesday with wheat down and corn little changed while oats rose. Livestock futures moved varies with live cattle slipping, feeder cattle rising, hogs down, and pork bellies down as markets paused. Local elevator quotes show mixed prices for wheat, corn, milo, and soybeans across Ottawa Edgerton Overbrook Lawrence Pauline and Midland stations. Nonferrous metals held spot prices with gold, silver, and platinum listed.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Chicago Mercantile Exchange
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence North
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Airlines
United Bags
Denver Baggage System
Aquila
KCC
Srothschild
Topera
Toyota Motor Corp
Nissan Motor Co
David Cole
Center For Automotive Research
Ann Arbor
Mich
Janesville
Wis
Doraville
Oklahoma City
Pontiac
New York Stock Exchange
Goke Whitworth
AP Photo
Lawrence Companies Collect Commerce Awards
J-W
Commerce
Howard Fricke
Lawrence South
Pauline
Metown Bank Ee
Mike Davies