US Airways Wins Bankruptcy Exit and Merger Approval
US Airways won final approval to exit bankruptcy protection and merge with America West Holdings. Judge Stephen Mitchell sanctioned the reorganization plan centered on the merger, allowing a potential sale as soon as September 27 and authorizing $12 million in severance for executives not staying with the merged carrier.
MENTIONED IN THIS ARTICLE
US Airways
America West Holdings Corp
America West
U.S
Stephen Mitchell
Bruce Lakefield
Chrysler recalls 2005 Jeep Grand Cherokees for transmission risk
DaimlerChrysler AG says over 100000 2005 Jeep Grand Cherokee SUVs with 3.7 liter engines will be recalled because water in the transmission fluid could ignite fires. About 45 percent of 2005 Grand Cherokees are affected. Owners will be notified in October. if tremors occur, have a dealer inspect the vehicle.
MENTIONED IN THIS ARTICLE
DaimlerChrysler AG
Chrysler Group
DaimlerChrysler
Max Gates
Gates
Markets rise on Friday but dip for the week
The Dow gained 83.19 points to 10,641.94, up nearly 0.8 percent as Intel and Exxon upgrades aided trading during September futures expiration. The S&P 500 rose 10.18 to 1,237.91 and the Nasdaq 14.2 to 2,160.35, but weekly results remained negative with Dow down 0.4 percent, S&P 500 off 0.3 percent, and Nasdaq down 0.7 percent.
MENTIONED IN THIS ARTICLE
Dow Jones
Intel Corp
Exxon Mobil Corp
Contact us Mark Fagan Business editor
Mark Fagan serves as the Lawrence Journal-World business editor with contact at 832 7188 and mfagan ljworld.com for business news inquiries and submissions.
MENTIONED IN THIS ARTICLE
Mark Fagan
Mfagan
Ljworld.com
Lawrence jobs market shows continued improvement
Lawrence's unemployment rate slipped to 3.9 percent in August as 50,600 people worked, up 500 from a year ago, according to the Kansas Department of Labor. A second report from KU's Policy Research Institute placed Douglas County quarterly unemployment at 3.93 percent, the area's best since 2002, with expansion across manufacturers and core businesses.
MENTIONED IN THIS ARTICLE
Lawrence
Kansas Department of Labor
Kansas University
Policy Research Institute
Douglas County
Heather Ackerly
Lawrence Chamber of Com
Merce
Ackerly
Labor Department
Wichita
Butler
Harvey
Sedgwick
Sumner
Kansas City
Franklin
Johnson
Leavenworth
Linn
Miami
Wyandotte
Topeka
Jackson
Jefferson
Osage
Shawnee
Wabaunsee
IBM Seeks Workers To Swap Careers As Teachers
IBM will fund up to 100 employees in a trial program to switch from tech roles to math and science teaching. Participants may take leaves with full benefits and up to half salary, plus up to 15000 for tuition and stipends while pursuing credentials.
MENTIONED IN THIS ARTICLE
Richard Mills
New York State
Joel Klein
New York City
Stanley Litow
IBM International Foundation
PS. 19
IBM
International Business Machines Corp
United States
New York
U.S
Bangalore
Beijing
U. S
IBM Foundation
Armonk
N.y.-Based
Next Steps for Jan Warner and Jan Collins
Jan Warner and Jan Collins outline actionable steps for progress. The plan emphasizes clear goals, timelines, and accountability, with specific tasks assigned to each person. Stakeholders are urged to monitor milestones and adjust priorities as needed.
Bad advice on Medicaid and gift CDs in nursing care
The letter warns that creating joint bank accounts with children does not complete gifts. Because the CDs were funded with the mother in law’s money and she retained control by renewing and deciding about them, transferring or cashing them could affect Medicaid eligibility and is risky. The writer notes prior costly gifts to cover nursing home costs.
Medicare premiums rise 13.2 percent for Part B
Senior citizens and the disabled will pay an 88.50 monthly Medicare Part B premium next year, a 10.30 increase, while government actuarial estimates predicted the rise. The Bush administration framed the increase alongside the new prescription drug benefit starting Jan 1, highlighting expanded coverage for low income Americans and lower out of pocket costs for many beneficiaries. Herb Kuhn of the Health and Human Services Department said beneficiaries will gain more in benefits next year.
MENTIONED IN THIS ARTICLE
Washington
Bush Administration
Herb Kuhn
Center For Medicare Management
The
Health and Human Services Department
Also Mentioned on This Page
Lakefield
Chrysler
KU Policy Research Inst
Karl Gehring
Journal-World Graphic
Jan Warner
Jan Collins
Jancollins
Nextsteps.net
Kevin Freking
Associated
Ted
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