Dollar General to Open Lawrence Store on West Sixth
Dollar General will open a Lawrence outlet by mid September at 1811 W Sixth Street in the former Roach Hardware building. Grubb Ellis Winbury Group broker Allison Vance Moore confirms the Tennessee retailer will offer cleaning supplies health and beauty aids greeting cards apparel and some food items with about a third priced at a dollar or less.
MENTIONED IN THIS ARTICLE
Dollar General
West Sixth Street
Allison Vance Moore
Grubb & Ellis
Winbury Group
Roach Hardware
W. Sixth St
Sunflower Bike Shop marks 30 years with two free events
Lawrence's Sunflower Outdoor & Bike Shop at 804 Mass. hosts a 6 p.m. outdoor family carnival today at Buford M. Watson Jr. Park near Sixth and Kentucky, featuring tent displays, a sleeping bag race, and bicycle contests. An open house with refreshments and prize giveaways follows at 7 p.m. Thursday. Both events are free and open to the public.
MENTIONED IN THIS ARTICLE
Lawrence
Sunflower Outdoor
Mass
Buford M. Watson Jr
United's New CEO Signals Tough Moves On Cuts
United Airlines' Glenn Tilton, on his first day as chief executive, told employees that difficult decisions are needed now amid a financial crisis. He did not confirm pursuing the same $9 billion in labor cuts over six years proposed by his predecessor and promised to work with staff as he contemplates his first steps.
MENTIONED IN THIS ARTICLE
United Airlines
Glenn Tilton
ChevronTexaco Corp
Court blocks Napster sale to Bertelsmann
Bankruptcy judge in Wilmington Delaware rejects the plan to sell Napster assets to Bertelsmann AG citing loyalties conflicts by Napster leadership. Chief executive Konrad Hilbers says the ruling likely pushes Napster toward liquidation and Chapter 7.
MENTIONED IN THIS ARTICLE
Napster
Bertelsmann AG
Peter J. Walsh
Wilmington
Del
Konrad Hilbers
Bertelsmann
Hilbers
Drought slows Midwest business and Kansas growth
An economist from Creighton University says a severe drought slows manufacturing activity across nine states, with Kansas showing contractions in August. The overall index fell from 53.9 to 51.1, and Kansas reports weak new orders production and employment around 43.5 to 45.7.
MENTIONED IN THIS ARTICLE
Omana
Nes
Midwest
Kansas
Ernie Goss
Creighton University
Goss
North Dakota
Nebraska
South Dakota
Tempe, Ariz
Wall Street slides as investors grow skittish on economy
Stocks fell as concerns over weaker manufacturing data and downgrades to Citigroup and Ford spurred selling. The Dow dropped 355 points, closing 4.1 percent lower at 8,308.05, amid a slate of economic reports and looming Sep 11 anniversary concerns. Intel, Ford, Citigroup, and TBM led declines while United Airlines rose on news of a new CEO.
MENTIONED IN THIS ARTICLE
New York
Citigroup Inc
Ford Motor Co
Arthur Hogan
Jefferies & Co
Dow Jones
Dow
Institute For Supply Management
ISM
Iraq
Tony Cecin
US Bancorp
Piper Jaffray
Minneapolis
Wall Street
Intel
Lehman Brothers
Ford
Citigroup
TBM
PricewaterhouseCoopers
Wall Street Journal
UAL
United Airlines
Jack Creighton
Moody's downgrades Aquila to junk status
Moody's Investors Service cut Aquila Inc. to junk credit, prompting a $192 million payment due within 60 days. Aquila says operations will continue, with $754 million in cash on hand, as it shifts focus to regulated utilities and reduces energy trading. Shares fell to $3.78 on the NYSE.
MENTIONED IN THIS ARTICLE
Energy Moody’s
Aquila
Kansas City, Mo
Moody’s Investors Service
Aquila Inc
Moody’s
Robert K. Green
al Butkus
Butkus
Kansas City
Standard & Poor’s
Fitch
Junk
Enery
New York Stock Exchange
Stilwell to merge operations with Janus Capital
Stilwell Financial plans a year end merger to operate under the Janus Capital umbrella. The reorganized company will be named Janus Capital Management Inc with Mark Whiston becoming CEO. Denver will host headquarters, Kansas City offices close, up to 140 jobs cut, total staff over 1,300.
MENTIONED IN THIS ARTICLE
Denver
Stilwell Financial Inc
Janus Mutual Fund Company
Kansas City
Stilwell
Janus Capital Corp
Janus Capital Management Inc
Mark Whiston
Janus Retail and Institutional Services
Janus
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Dollar General Chain
Sunflower Bike Shop
Aviation New United
Tilton
Internet Court
Tse