Kmart taps James Adamson to steer largest bankruptcy plan
James B. Adamson, new Kmart chairman and former Denny's owner Advantica adviser, leads the retailer through Chapter 11 after a decade of poor results. He has "Midas touch" for morale and merchandising but faces a tall task amid competition from Walmart and Target.
MENTIONED IN THIS ARTICLE
Detroit
Denny’s
James B. Adamson
Kmart Corp
Adamson
Kmart
Denny's
Advantica Restaurant Group
Burger King Corp
Revco Inc
Chuck Conaway
Kathy Obert
Edward Howard & Co
Revco
Obert
CVS
Midas
Chris Atkins
Ketchum
Atkins
Burger King
Wal-Mart Stores Inc
Target Corp
Consumer confidence rises for second straight month in January
The Conference Board reports January’s Consumer Confidence Index at 97.3 up from 94.6 in December, aided by optimism on jobs and the economy. Economists note the improvement amid signs of manufacturing revival and lower interest rates, with balanced views on current conditions.
MENTIONED IN THIS ARTICLE
New York
Conference Board
Industry Group
U.S
Lynn Franco
The
Consumer Research Center
Franco
Afghanistan
Mark Zandi
Economy.com
West Chester
Commerce Department
Washington
Understanding Income Savings and Wealth in Financial Terms
This article explains income as flow from employment rent or interest and dividends expressed per time unit. It defines savings as after tax income not spent, a flow. Wealth is the accumulated value of financial assets minus liabilities at a single moment. It also notes money as financial assets usable to buy goods and services including currency and deposits.
MENTIONED IN THIS ARTICLE
John L. McCullough
Morgan Stanley
Piccolino Opens In Hagerman Area For Italian Dining
WESSTcorp backs Piccolino a new Hagerman Dexter Lake Arthur area restaurant offering Italian dishes. Tarango brothers Carlos and Victor lead a menu featuring sandwiches artichoke hearts roasted peppers pesto vegetarian lasagna and fresh baked mozzarella on bread. A second item notes the 20th annual New Mexico Chile Conference on February 5 at the Las Cruces Hilton with preregistration urged and contact details for the Chile Pepper Institute.
MENTIONED IN THIS ARTICLE
Tarango
Hagerman
Dexter
Lake Arthur
Carlos Tarango
Victor
Chile
Las Cruces
World Economic Forum opens amid security and protests
In New York the 32nd World Economic Forum begins at the Waldorf Astoria with 3,000 participants to discuss poverty and security while police in riot gear and barriers shape the streets. Five women face trespass charges for unfurling a banner against Bush and big biz.
MENTIONED IN THIS ARTICLE
New York
World Business
Manhattan
World Economic Forum
Waldorf-Astoria
Lower Manhattan
Bush
Big Biz
Also Mentioned on This Page
Steve Wozniak
Danger Inc
Danger
Palo Alto
Calif
Federal Reserve
Fed
Alan Greenspan
Congress
Wesstcorp
Pecos Valley
U.S. Small Business Administration
Central Bank
Federal Open Market Committee
Federal Funds
Enron
Senate
Byron Dorgan
D-N.d
Senate Commerce
Jedi
Houston
Dynegy Inc
Enron Corp
Daniel L. Dienstbier
Dynegy
Northern Natural Gas
West Texas
Great Lakes
Brussels
Belgium
Hewlett-Packard Co
Compaq Computer Corp
Europe
Roswell
Baily Record
P.O. Box
New Mexico
Stree Meat
Camper’s Appliances
Virginia
Dave Camper
East McGaffey
Roadrunner
S. Richardson
N. Main
Me C. Reading, Inc
E. McGaffey
Roswell,nm
American Moving & Storage, Inc
United van Lines
Mark T. Flavin
Ema
Éfe
American Medical Reponse
E. College Boulevard
Fox
Wakefield Oil Co., Inc
South Virginia
Dennis Russo
2413
N. Main Roswell NM
Better Business Bureau
REMCO
Nations Automobile Dealers Association
United States
BBB
Wen
Camader Qeiestons Alon
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