Southwest Airlines culture drives fast growth and Morris Air hire
Southwest Airlines relies on a strong employee culture and careful hiring to stay profitable. The firm’s culture committee maintains a humorous, team‑oriented attitude amid rapid expansion, especially after purchasing Morris Air for 134 million in Southwest stock. About three‑quarters of Morris’s 2,000 workers will be hired, with Morris pilots already placed on Southwest’s seniority list, shaping morale and integration as expansion slows.
MENTIONED IN THIS ARTICLE
Southwest Airlines
U.S
Southwest
Colleen Barrett
Dallas
Barrett
Morris Air
Herb Kelleher
Morris
Midwest
East Coast
Sou
Payless Cashways to Build Lawrence Prototype Store
Payless Cashways Inc will construct a 60,000 square foot prototype store on a 10.6 acre site south of Sonny Hill on South Iowa Street in Lawrence. Brenda Nolte, spokeswoman, notes the company has not built a new store in six years and designed the prototype accordingly. The Lawrence City Commission approved easements and additions for the final site plan Tuesday night.
MENTIONED IN THIS ARTICLE
Payless Cashways Inc
Lawrence
Brenda Nolte
Kansas City
Sonny Hill
Iowa Street
Nolte
Payless Cashways to open model Lawrence store this year
Payless Cashways plans a Lawrence store as a regional model with 60,000 sq ft retail space and a 16,500 sq ft attached warehouse on a 10.6 acre tract on Southann Street. The prototype features a drive through lumber yard with yard cashiers and aims for late this year or early 1995 opening, employing over 100 people. The company, with 2.6 billion in sales and 197 stores in 26 states, plans seven more stores this year.
MENTIONED IN THIS ARTICLE
Payless Cashways
Lawrence
Southann Street
Sion
Payless
Lincoln
Neb
Nolte
Lumber Jack
Hugh M. Woods
Furrow Lumber
Summerville Lumber
Knox Lumber
Factory orders rise again as momentum carries into 1994
U S factory orders jumped 2.1 percent in January marking the sixth gain in a row as momentum from 1993 carried into the new year. Transportation equipment led the surge with a 14 percent rise to 40.7 billion, while unfilled orders increased for the first time in nearly a year signaling stronger demand and hiring potential.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Jobless claims fall to near Christmas low amid holiday week
The Labor Department reports first time unemployment claims dropped 57,000 to 318,000 the week ending Feb 26 providing the lowest level since Christmas and noting the rapid decline followed a shortened holiday workweek. Analysts cite winter weather and the LA quake as offsetting factors. Labor Secretary Reich finds Honeywell discriminated by gender in job classifications and will seek back pay dating to 1974 for affected women.
MENTIONED IN THIS ARTICLE
Los Angeles
Labor Department
Labor
Robert Reich
Honeywell
Reich
Minneapolis and
St. Paul, Minn
Regulator Warns on Bank Sold Funds Regulation Gap
SEC Chairman Arthur Levitt Jr said funds sold by banks lack the same oversight as securities firms. He cited the planned Dreyfus Corp merger with Mellon Bank as an example of investor protection gaps and called for regulatory changes.
MENTIONED IN THIS ARTICLE
Dreyfus Corp
Mellon Bank Corp
Securities and Exchange Commission
Arthur Levitt Jr
Help wanted ads fall as winter weather hits nationwide
Tough winter weather drove down help wanted advertising nationwide, according to a Conference Board survey. The Help Wanted Index declined to 106 from 110 in December, with a year-ago reading of 93. New England bucked the trend with a 4 percent gain.
MENTIONED IN THIS ARTICLE
Help
Conference Board
New England
Creeping bear risk looms as market could drift lower
After a three year rally the Dow edges down raising fears of a creeping crash a slow bear market. Wall Street veterans warn a drawn out decline could last five years or more hurting investors who sold to fund homes college or retirement. David Schulman of Salomon Brothers voices the drip drip fear.
MENTIONED IN THIS ARTICLE
Wall Street
David Shulman
Salomon Brothers
Stock wrapup teased for Saturday Journal-World
The Saturday Journal-World promises a complete market wrapup covering latest stock quotes, market movers, and closing commentary. readers can expect detailed summaries of major indices, notable price changes, and brief analyses from financial editors.
MENTIONED IN THIS ARTICLE
Journal-World
Midland and regional commodity and livestock market notes
Market updates from Midland Elevator Lawrence listing wheat at 3.46 and corn 2.79 per bushel while soybeans reach 6.75. Omaha and St Joseph quotations show hog prices with 1 3 230-260 lb at 46.00, 260-280 lb at 45.00-45.50, and other heavy weights around 36.50-44.00 with declines to 2.00. Dodge City reports slow cattle trade with 41,500 head weekly tally and end quotes 74.00-75.50 for mixed stock. Nonferrous metals in New York show copper near 0.978 and zinc 0.4496-0.4950 per lb, gold at 377.70-377.80, silver 5.24-5.276 per troy oz, with rates from Commerce Bank data as of Friday 8 am.
MENTIONED IN THIS ARTICLE
Omaha
Nes
Uspa
U.S
Dodge City Livestock
Dodge Dry
Kansas
al Exch
Comex
Handy & Harman
Mercury
New York
N.Y
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Pao
Aml
Dept. of
David Schulman
Jerry Harper
Mass
Bans Jones
Weesnasererensereete
AlliedSig
Applebee Black Shane
Buckle Inc
Casey's Ecenseveranee
CommBancsh
Prires
Dayton-Hud Fleming
FMC Savevenee
Vyr
Goodyear
Hercules
Kmart
Kroger
Labone
Ererene
Lone Star Sticks
Mateveresense Nonrenen
Mercantile
Merck Weesere
DIAL
O'Reilly Auto
JC Penney
Pepsico
Quaker
Feveris
Railroad Fin Seereses Sallie Mae Pasa
Williams Seienee
Woolworth Veraenes
Edward D. Jones & Co
Midland Elevator
Omaha Livestock
St. Joseph Livestock
St. Joseph
London
Commerce Bank of
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Commerce Bank
Canada
France
Germany
Great Britain
Italy
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