Herrin native opens fireplace shop on Cherry Street
Herrin-born Jim Watson returns home to open the Herrin Fireplace Shop at 118 W. Cherry St. He plans to sell gas and wood burning stoves, fireplaces, and accessories and expects about 200 stoves to arrive next week. Watson emphasizes quality, fair pricing, and a partnership with licensed installers. The shop operates weekdays 9 to 5 and Saturday 8 to 1.
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Herrin
Jim Watson
Watson
W. Cherry St
China
United States
Germany
Italy
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Costs prevent health coverage in weaker economy
The National Academy of Sciences finds millions lack health insurance and the trend will rise without affordability. The first Institute of Medicine report notes two thirds of under 65 insured through work, average employee shares of 14 percent for individuals and 27 percent for family plans, with costs rising and coverage gaps from life changes.
MENTIONED IN THIS ARTICLE
Washington
National Academy of Sciences
Institute of Medicine
Banks UK merger plan approved by Union Financial Group
At the September 24 meeting of Union Financial Group the merger with First Banks Inc. was approved. UFG president Tom Barnett announced 61.1 percent of outstanding common stock voted in favor, with virtually all shareholders excluding the O’Brien family and related trusts.
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Union Financial Group
UFG
First Banks Inc
Tom Barnett
O’brien
First Banks
UFG Merger With First Banks Awaits Regulatory Approval
The merger will finalize after regulatory clearances, with UFG and First Banks expecting completion before year end 2001. Nine branches owned by UFG’s subsidiary banks will transfer to First Bank, expanding its footprint. In a separate deal, Illinois Century Network and Ameritech will cut connection costs for schools and libraries, saving 20 to 40 percent and enabling affordable e learning access for about 4,000 ICN constituents.
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UFG
First Banks
First Bank
ICN
Illinois
Smucker to buy Jif brand from P&G in $1 billion deal
The J.M. Smucker Co plans to acquire the Jif peanut butter brand from Procter & Gamble in a $1 billion stock deal that also includes the Crisco cooking oil brand and Crisco plants in Lexington Kentucky and Cincinnati. Smucker aims to retain all plant employees and sees the deal boosting earnings and sales significantly. P&G has been divesting underperforming brands and had announced plans to swap or sell Jif and Crisco.
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Cincinnati
J.M. Smucker Co
Procter
Crisco
Lexington
Smucker Management
Smucker
Orrville
P&g
Jif
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