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Lawrence Journal World in Lawrence, Kansas

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Articles on This Page

This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Mar 03, 1994

Page

2

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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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