Business briefing summary from staff and wire reports
A concise business briefing compiling staff and wire reports covers market moves, earnings, and corporate actions. It highlights key names, dates, and prices while noting notable shifts in stocks, commodities, and global markets for a compact early snapshot.
Wal-Mart estimates January sales rise despite storm
Wal-Mart Stores Inc projects U S same store sales for January to rise 2 to 4 percent from January 2004. Food sales outpacing general merchandise, East Coast stores strongest. Forecast issued before winter storm hit Northeast and Rust Belt and before Super Bowl sales period shift.
MENTIONED IN THIS ARTICLE
Bentonville
Ark
Wal- Mart Stores Inc
U.S
United CEO eyes autumn bankruptcy exit
United Airlines chief executive Glenn Tilton told the Chicago Tribune he expects the carrier to emerge from bankruptcy in the autumn. He said the post bankruptcy period will allow employees to focus on customers, competition and value, with resources to support that shift. The interview did not specify the exit date. In a separate note, Texas Instruments planned to announce full integration of mobile phone computing into a single chip by mid 2006, a move analysts say could lower costs and boost battery life and data transfer.
MENTIONED IN THIS ARTICLE
Chicago
United Airlines
United
Glenn Tilton
Chicago Tribune
Tilton
Texas Instruments
Bill Krenik
Wireless Advanced Architectures
Power cut shuts down southern Iraqi oil exports
A power cut and strong winds have halted Iraq s southern oil terminals since Saturday afternoon. Tankers are backed up in the Gulf awaiting loading at Basra and Khor al Amaya as the offshore facilities stay closed Sunday morning. An Iraqi oil shipping agent, speaking anonymously, said the grid collapse blocked crude flow and bad seas prevented ships from docking.
MENTIONED IN THIS ARTICLE
Dubai
United Arab Emirates
Iraq
Gulf
Basra
Khor al-Amaya
Toned-down Super Bowl ads shape up for 2004 broadcast
New York reports ads for the February 6 game on Fox will lean away from ribald humor after last year sparked concerns. Agencies like Goodby, Silverstein & Partners are producing spots for Subway and Emerald of California while others keep campaigns under wrap to build anticipation.
MENTIONED IN THIS ARTICLE
New York
Kremlin
Jeff Goodby
Goodby
Goodby, Silverstein & Partners
Subway
Doctor’s Associates Inc
Milford, Conn
Emerald of California
Diamond of California
Stockton
Calif
Dad
Jack
Santa Claus
Apple Computer Inc
Anheuser-Busch Cos
Volvo
John Maloney
Volvo Cars of North America
Ford Motor Co
Visa
Michael Rolnick
Rolnick
Fox
Viacom Inc
CBS
New England Patriots
Carolina Panthers
Exit interviews and stay tactics for retaining staff
Business consultants urge exit interviews to uncover why workers leave and to design stays plans for high turnover risk. They advise scheduling at least 30 minutes, using third parties if needed, and even conducting stay interviews to negotiate retention. Some workers leave quickly, so prepared questions and proactive feedback loops are essential.
MENTIONED IN THIS ARTICLE
New York
Beverly Kaye
Sherman Consultants
Bob Holden
Employeo
Kaye
Holden
Ole Rob Wilson
Leigh Branham
Overland Park
Kan
Branham
Also Mentioned on This Page
Wal-Mart
Jackson
Satel
Janet Jackson
News Corp
NBC
Nielsen Monitor-Plus
Nielsen Media Research
Camarillo
Trilby Lundberg
Lundberg
Organization of Petroleum Exporting Countries
Honolulu
Cheyenne
Wyo
Butlertech.org
Beene
Middletownlaw.com
People Making
Middletown Journal
Information
MiddletownJournal.com