Enron lays off four thousand workers in shock
Enron Corp laid off about 4000 employees and sent others home after filing for Chapter 11 protection. Most cuts hit its Houston headquarters, with 3500 remaining workers told to wait for instructions. Employees described the move as a nightmare amid the company’s bankruptcy and lost stock value.
MENTIONED IN THIS ARTICLE
Houston
Enron Corp
U.S
Enron
Dynegy Inc
Dynegy
Karen Deane
Joann Matson
Tammie Huthmacher
Matson
Enron Bankruptcy Strikes Houston Amid Layoffs
Former Enron worker Tammi Huthmatcher notes the stock rose slightly to 39 cents while police monitor exodus as about 30 minutes to clear out. Enron, with 21,000 employees including 7,500 in Houston, filed for bankruptcy after a failed $8.4 billion Dynegy takeover and a junk status downgrade.
MENTIONED IN THIS ARTICLE
Enron
Houston
Dynegy
Wall Street
Adam's Mark settles racial discrimination suit in Florida event
Adam's Mark will pay 1.1 million to settle claims of discrimination against five black guests at the 1999 Black College Reunion in Daytona Beach. Plaintiffs receive 100,000 plus a 400,000 fund for others. NAACP monitoring to follow. 24 hotels to be part of the deal with diversity training already agreed.
MENTIONED IN THIS ARTICLE
NAACP
Adams Mark
Jacksonville
Fla
Daytona Beach
Baltimore
Florida
Fred S. Kummer III
Adam’s Mark
Kweisi Mfume
U.S. Department of Justice
Mfume
FBI restructures to boost counterterrorism and cybercrime
FBI Director Robert Mueller announced a sweeping reorganization to strengthen terrorism and cybercrime response, expand counterterrorism and cyber divisions in Washington, and improve internal security. Four new assistant directors were created and investigative services were reallocated to support day-to-day operations.
MENTIONED IN THIS ARTICLE
Washington
FBI
Robert Mueller
Mueller
Congress
Robert Hanssen
Moscow
Investigative Services Division
Racicot emerges as candidate for GOP chairmanship
Former Montana governor Marc Racicot, who aided Bush in the disputed election, negotiates with the White House to lead the Republican National Committee. Officials say he could win the post next month, replacing James Gilmore amid friction and weak recent results.
MENTIONED IN THIS ARTICLE
Washington
Montana
Marc Racicot
Bush
White House
Republican National Committee
Racicot
Virginia
James Gilmore
Gilmore
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Tammie Huthmatcher
Marion Eye Centers & Optical
Financia
GOP
Party
RNC
Karl
Rove
Dish Network
SABIN
Dishnetwork Com
Ut Edly Sabin Ae Nive Mig
Www
Dishnetwork.com
Curio Cabinets & Gliders
Murphysboro
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