Teden outlines travel deal deadline and team signup goal
Teden, a former Lloyd's of London insurer now independent consultant, announced a June 29 deadline for cheap air fares with 45 signed up toward a 200 person target from home and abroad. He notes the substantial shoes to fill, praises Trevor as a seasoned veteran, and mentions his family links and sons.
MENTIONED IN THIS ARTICLE
Teden
Lloyd’s of London
Trevor
Sally
Columbia
8.C
Andrew
Clement
Dewey
Sam
Andrew Teden
Appalachian State University
Charlotte Latin School
Federated and rivals warn of weak second quarter sales
Federated Department Stores warns earnings may miss Wall Street projections as May sales lag. Ann Taylor sees 5 to 7 percent drop in same store sales while Gap cautions that second quarter gains will be weaker than planned. A weak retail tone follows higher unemployment claims and stronger consumer borrowing as tax cuts raise spending hopes.
MENTIONED IN THIS ARTICLE
Federated Department Stores Inc
Wall Street
James Zimmerman
Federated
Ann Taylor
Gap Inc
Michael P. Niemira
Bank of Tokyo-Mitsubishi Ltd
Niemira
Labor Department
Federal Reserve
Bush
Walter Lagb
ECB Refuses Rate Cut Amid Weak Euro Risks Inflation
The European Central Bank held its main rate at 4.5 percent arguing that a weaker euro fuels inflation by raising import costs. Duisenberg warned a slipping euro could complicate future cuts, while inflation sits near 2.9 percent. Economists expect a possible July move if inflation cools and energy costs ease.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
European Central Bank
Euro
ECB
Wim Duisenberg
Duisenberg
Didier Reynders
Associated Press
Pound slides to 15‑year low on euro joining fears
London AP report notes the British pound fell to $1.3798 amid Labor polling leads and talk of a euro referendum. Blair aides push for possible early euro entry as Conservatives rule out joining this parliament, with implications for exports and inflation.
MENTIONED IN THIS ARTICLE
London
Tony Blair
Labor Party
New York
Independent
Wednesday
Blair
Bank of England
Steve Barrow
Bear Stearns International
Britain
Body Shop faces potential takeover approach in London
The Body Shop International PLC said it has been approached for a possible takeover by an unnamed party. Talks are at an early stage with no guarantee of an agreement. A Wall Street Journal report linked Grupo Omnilife to a preliminary deal to buy The Body Shop for about $500 million. The company, based in Littlehampton, posted $954 million in global sales for fiscal 2001, up 3 percent, and employs over 5,000 people worldwide.
MENTIONED IN THIS ARTICLE
Jens Dallmeyer
Deutsche Bank
Frankfurt
European Commission
ECB
Duisenberg
Europe
London
Body Shop International PLC
Body Shop
Wall Street Journal
Grupo Omnilife
Littlehampton
Napster teams with Loudeye on fingerprinting for music
Napster selected Loudeye Technologies to provide digital fingerprints and metadata for more than 2 million tracks to identify copyrighted songs and block uploads. The system will support Napster's forthcoming membership service this summer and aid tracking of music files across the service.
MENTIONED IN THIS ARTICLE
Redwood City
Calif
Napster
Loudeye Technologies Inc
Loudeye
Amazon.com
Tower Records
Hank Barry
Also Mentioned on This Page
Vybabc
Nigel Anderson
Royal Bank of Scotland
U.S
Piyiyay Auto Parts Inc
Lincolnton
N.C
Union Road
Gastonia
Cox Rai
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