SRP to ease layoffs impact at Coronado and Navajo stations
SRP board approves more generous severance early retirement and relocation pay to ease mass job cuts affecting 73 at Coronado 60 at Navajo 26 across Kyrene San Tan Agua Fria and 14 elsewhere amid IBEW protests and local officials' complaints across St Johns Apache County Tempe Gilbert Peoria and Page.
MENTIONED IN THIS ARTICLE
Salt River Project Board of Directors
Groverary
International Brotherhood of Electrical Workers
St. Johns
Apache County
SRP
Coronado
IBEW
Tempe
Navajo
Page
Kyrene
San Tan
Agua Fria
Gilbert
Peoria
McDonald’s studies sit-down concept for home dinner fare
McDonald’s Corp says it is studying a sit-down restaurant concept offering home style dinners such as roasted chicken meatloaf and mashed potatoes. The move marks a shift as the company searches for a viable dinner menu to boost evening sales at its outlets.
MENTIONED IN THIS ARTICLE
McDonald’s Corp
McDonald’s
Border States may move HQ to Papago Park Center
Border States Electric Supply of Phoenix may relocate its headquarters to Papago Park Center in north Tempe, with SRP board approving land sale to Four Star North Investments to lease to Border States. A 60,000 square foot building is planned for offices and distribution, and closing would require about 30 days after negotiation.
MENTIONED IN THIS ARTICLE
Border
States Electric Supply of
Phoenix
Arizona
Papago Park Center
Salt River Project
SRP
Washington and 56Th Streets
Four Star North Investments
Border States
Scott Harelson
Four Star
Mond
S. 23Rd St
Harelson
North Tempe
Red River
Temporary workers face wage gaps and limited benefits
Scottsdale advocate Wendy Perkins argues temp labor faces low pay and scarce benefits while counting millions in contingency roles. She cites Bureau of Labor Statistics data and notes many temps work 3 to 5 times more hours to access benefits, with some suggesting regulatory changes could reduce temp roles. Perkins foresees over half of American workers becoming contingent.
MENTIONED IN THIS ARTICLE
Scottsdale
Wendy Perkins
Congress
U.S. Bureau of Labor Statistics
Maricopa County
Perkins
Barnes & Noble
U.S. Department of Labor
Economic Policy Institute
Samuel Sacco
National Association of Temporary Services
Sacco
Susan Segat
Service Employees International Union
Stivers
Chicago
Manpower
Phoenix
Mutual fund overlap risks dilute diversification
Investors seek diversification by holding many funds but overlap often erodes it. Overlap, a program by Bill Chennault, compares stock holdings across funds to reveal common stocks and sector concentration. Even with multiple funds, broad overlap can resemble owning a single market, as shown by a client with 37 funds later narrowed to eight funds.
MENTIONED IN THIS ARTICLE
Bill Chennault
Kansas City
Kan
Community College
Lynn Hopewell
Falls Church
Hopewell
Standard & Poor
Lawmakers weigh bill to curb shareholder lawsuits
Arizona legislators debate HB 2124 aimed at limiting derivative suits against corporations. Lawmakers heard that independent directors could halt suits, and judges might order shareholders to pay corporate fees if the suit lacks reasonable cause. Critics warn the measure could chill shareholder action despite lobbyist assurances.
MENTIONED IN THIS ARTICLE
Arizona
House Commerce Committee
Gary Richardson
R-Tempe
John Mangum
Senate Committee On Commerce and Economic Development
America West Airlines
Tucson Electric Power Corp
Pinnacle West Capital Corp
Arizona Public Service
Russell Piccoli
Frank Lewis
Piccoli
Also Mentioned on This Page
Treasury Bill
Treasury
Ent
Martin Marietta Corp
Grumman Corp
Martin Marietta
Grumman
Teamsters
United Airlines
United
Ron Carey
US West Inc
Interactive Video Enterprises Inc
Papago Park
J.E. Redmond Electric Supply Co
North Dakota
A.V. “Raf” Raffo
Red
Valley Advocate
Bob Reilly
Tribune
Mary Johnston
Stivers Temporary Personnel
Toru Kawana
Karen Pierce
Ruthann Turnage
Mutual Fund
Jane Bryant Quinn
Money Matters
Quinn
Mangum
Terence Thompson
Gallagher & Kennedy
Thompson
NYSE
Mankamer
Merck
Philip Morris
Ae S&p
AMEX
U.S
Lars
Erena
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