Boeing faces ongoing losses amid potential United default risks
Aerospace analyst Cai von Rumohr warns of continued write offs for Boeing and its Capital unit as jet values fall. United Airlines nears a key $375 million debt due and seeks a $1.8 billion ATSB loan guarantee, with talks to lower payments and extend financing ongoing. Boeing aims to resell 777s eroding profits, while new 777-200ER values cited at 116 to 130 million.
MENTIONED IN THIS ARTICLE
Boeing
Cai von Rumohr
S.G. Cowen Securities
United
Warig
Russ Young
Boeing Capital
Rich Nelson
Air Transportation Stabilization Board
Wellness consultant promotes healthy living to her clients
Marlena Burton an independent wellness consultant with Nikken based in Murphysboro works 10 to 15 hours a week from home. She promotes alternatives to medicine focusing on balanced living and personal development while also serving as an on call physical therapist at Rehab and Care Center of Jackson County. Burton says compensation varies with business and emphasizes product benefits and changing lives.
MENTIONED IN THIS ARTICLE
Wey Nuvaka
Sout
Marlena Burton
Nikken
Murphysboro
Burton
Rehab and Care Center
Jackson County
Nikken Products
Sears reshapes stores amid credit woes and slow recovery
Luggish markets and debt pressure push Sears toward a buyer friendly discount model. The Hoffman Estates based chain plans an $800 million overhaul through 2004, remodeling over 600 stores with eight weak brands dropped, cosmetics moved to back, and Lands End plus Covington lines featured near entrances to signal a bigger apparel focus. Self service trims 6000 shoes jobs while expanded home decor, Tool Territory, Big and Tall, plasma TV areas, and centralized checkouts define the revamped layouts.
MENTIONED IN THIS ARTICLE
Sears
Hoffman Estates
Ill
Lands’ End
Covington
Peggy Polter
Redone
Spring Hill Mall
West Dundee
DieHard Batteries
Blockbuster
Kenmore Appliances
Craftsman Tools
Bright Start prepaid college plan faces rising costs and uncertain future
The Illinois Bright Start prepaid tuition program shows online details amid rising unit costs, with no current price increases disclosed. Ohio raises unit costs to 82 dollars, West Virginia delays enrollment and hikes prices, while Tennessee weighs closing its program to new families to manage a deficit.
MENTIONED IN THIS ARTICLE
Illinois
Bright Start
Brightstartsavings
Jackie Williams
Ohio
West Virginia
Tennessee
Space Agency Plans Lunar Launches Spark Debate
Smyth mocks lunar returns by ESA and Japan as distractions from weak economies. He rewrites Armstrong’s moon quote as a step backward and notes his last business column before Travis DeNeal takes over.
MENTIONED IN THIS ARTICLE
European Space Agency
Japan
Neil Armstrong
Armstrong
Travis DeNeal
Also Mentioned on This Page
Bryson Monteleone
Morton, Beyer & Agnew
Caleb Hale
Southern Illinois University
Kaskaskia College
Caleb.hale
Thesouthern
JRF
Frankfort
United Surplus
W. Cherry
Herrin
Mitsubishi Home Theater
Tri-State
Marion
Uccoto
Elkville
Mark Gutter
Williamson Co
Illinois Centre
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