McDonald’s faces class action over child health risks
Lawyers in Manhattan filed a federal class-action suit against McDonald’s on behalf of New York children alleging the chain contributes to diabetes hypertension and obesity. Samuel Hirsch warns of a national epidemic from high fat sugar and cholesterol in the meals while McDonald’s lawyer Brad Lerman calls the case frivolous.
MENTIONED IN THIS ARTICLE
Health
New York
McDonald's
Manhattan
Samuel Hirsch
Brad Lerman
RadioShack Corp
Securities and Exchange Commission
Harvey Pitt
RadioShack
Pitt
Fried, Frank, Harris, Shriver and Jacobson
Fried Frank
GE lowers profit forecast and raises dividend
General Electric cut its year earnings outlook by 8.5 percent and will boost reserves plus take a charge in its reinsurance unit. It also raised the dividend and forecast next year profits 3 to 13 percent despite weakness in airlines and power systems. GE shares climbed 8.3 percent to 26.85. ONEOK increased its quarterly dividend to 17 cents from 15.5 cents.
MENTIONED IN THIS ARTICLE
General Electric Co
New York Stock Exchange
Wall Street
Tulsa
Okla
Oneok, Inc
United seeks loan aid as labor deal won
Cash strapped United Airlines runs out of time and pushes a government loan guarantee after a major labor cost cut deal. It hands 42 000 letters to the Air Transportation Stabilization Board, hoping to avert bankruptcy as losses mount.
MENTIONED IN THIS ARTICLE
United Airlines
United
Air Transportation Stabilization Board
Washington
Threeman Board
Retailers and economists discuss Lawrence holiday outlook
Coming Sunday the Lawrence area sees retailers and economists weighing expectations for the upcoming holiday shopping season. Analysts estimate modest gains amid inflation and shifting consumer behavior as stores prepare promotions and inventory strategies.
MENTIONED IN THIS ARTICLE
Lawrence Area
Stovall rejects Health Midwest sale plan for Kansas control
Kansas Attorney General Carla Stovall voiced opposition to the 1.13 billion Health Midwest sale to HCA unless proceeds stay in Kansas. She admonished executives for missing documents and warned a single foundation would not suffice to oversee hospital assets. Local doctors welcomed anticipated technology upgrades and capital improvements with HCA entering the Kansas City market.
MENTIONED IN THIS ARTICLE
Lenexa
Kansas
Carla Stovall
Health Midwest
Stovall
HCA
Nashville, Tenn
Menorah Medical Center
Overland Park Regional Medical Center
Overland Park
Allen County Hospital
Iola
Health Midwest Board
Bernard Erdman
Erdman
Richard Brown
Brown
HGCA
Sukamar Ethirajian
Metropolitan Medical Society of
Greater
Kansas City
Santa Claus
HP Boosts Stocks As Dow Hits Three Months High
Hewlett Packard's stronger than expected results spurred a broad rally on Thursday with the Dow Jones Industrial Average rising 222.14 points to 8,845.15, its highest in three months. Nasdaq climbed 48.20 to 1,467.55 and S&P 500 gained 19.61 to 933.76 as techs led gains and leading indicators remained solid. HP rose 2.14 to 18.99, Microsoft and Intel posted gains, Cisco upgraded to buy, while unemployment claims fell to a four month low and the Leading Economic Indicators index held at 111.4 in October.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Wit
Hewlett- Packard
H-P
Mike Kayes
Eastover Capital
Charlotte
N.C
Dow
Standard & Poor
Brian Belski
US Bancorp
Piper Jaffray
Microsoft
Intel
Cisco Systems
Standard & Poor's
Encour
Labor Department and Conference Board
Labor Department
Conference Board
Aladdin Cafe Profile Shows Mediterranean Cuisine in Lawrence
In Business profiles Aladdin Cafe, a downtown Lawrence restaurant serving Mediterranean dishes. Owner Mohammed Iskandrani cites campus diversity and community acceptance as key draw, notes 10 employees and eight years in operation, and urges local support for small businesses despite a favorable seven out of ten business climate.
MENTIONED IN THIS ARTICLE
Aladdin Cafe
Mass
Mohammed Iskandrani
Lawrence
Iskandrani
Aquila trims executive pay amid cash squeeze
Aquila Inc owner Richard Green Jr and other top executives will suspend annual and long term incentives and stock options for 2002 as the company fights growing losses. Standard & Poor's downgraded Aquila to junk status, potentially forcing a $238 million cash need. Green said total compensation will drop about ten percent from 2001 levels.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Aquila Inc
UtiliCorp United
Standard & Poor’s Corp
Richard Green Jr
Aquila
Green
Also Mentioned on This Page
Aviation United
Joe Bongiorno
Hewlett Packard
Hewlett Packand
In Business
Chad Lawhorn
Clawhorn
Salwa Iskandrani
Richard Gwing
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