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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Nov 03, 2004
Page
11
About 10,000 striking Atlantic City casino workers reach a tentative five year deal ending a month long walkout. The agreement yields wage and benefit gains and limits casinos leasing spaces to nonunion venues. A rank and file vote was set for today with potential return to work as early as Thursday.
AOL plans to cut about 700 jobs, about 5 percent of its U S workforce, next month to hit financial targets. The layoffs would mostly hit northern Virginia where the company is based. AOL spokesman Jim Whitney did not comment. AOL has roughly 13,000 U S employees and 20,000 worldwide.
Raytheon Co. board recommends shareholders approve annual elections for all directors, replacing current three year staggered terms. If approved, the entire board would stand for election each year beginning with the 2006 meeting. Raytheon Aircraft Co. division operates from Wichita.
Nextel Communications and Verizon Wireless settled a heated dispute over a federal spectrum plan. Verizon drops opposition to the proposal to clear interference with emergency radios, while Nextel withdraws its trademark claim to Push To Talk and the word push. The accord ends a public clash over public safety and business interests.
Investors faced a mixed close after exit polls signaled a tight presidential race and potential post election dispute. Oil slipped below $50 a barrel while the Dow fell about 19 points to 10,035, amid renewed uncertainty about a winner and possible court battles.
Lawrence Athletic Club will shut its south location at 2108 W. 27th St. on Dec 1 due to marketing limits, rising rents and KU students moving to campus recreation. About 300 members may return, 5 000 total members remain, and 5 to 10 jobs will be cut. Members can transfer to the north and east clubs.
Media West Communications brings the Lansing Current to Leavenworth County with free Thursday distribution to 2 900 homes in a 10 000 person town. The six member staff will cover schools sports social events and Lansing history. The paper also debuts online at Lansing current com with a history column by Gene Young and ties to other Media West papers across the region.
On Tuesday at the Chicago Board of Trade soybeans gained 10 cents to 5.28 a bushel while wheat slipped to 3.02 1/4 and corn to 1.99 3/4. Beef futures fell as pork rose on the CME with live cattle and lean hogs showing mixed moves. Local market quotes from Ottawa, Edgerton, Overbrook, and other elevators show soybeans at 4.91 and corn around 1.60, with wheat around 3.21 and milo 1.50. Nonferrous metals were listed with gold at 420.00 per ounce and silver at 7.007 per ounce.
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