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Mormon News: All the News about Mormons, Mormonism and the LDS Church
Posted 24 Feb 2001   For week ended April 30, 2000
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Business News

  Willes Replaced At Los Angeles Times'
The Tribune Co.'s takeover of the Los Angeles Times is proceeding, and LDS Church member Mark Willes is now out. Willes was replaced as Chairman, President and CEO of Times Mirror, the Times' parent company on Tuesday, marking the end of his era at the Times. The merger hasn't completed yet, and Willes still remains on the board until it is complete.

  Huntsman Steps Up Cancer War
LDS billionaire Jon M. Huntsman will announce today that he is donating $125 million to the Huntsman Cancer Institute at the University of Utah. Huntsman started the Institute in 1995 with a $100 million donation.

  LDS-owned Media Win SPJ Awards
The staff of The Deseret News and the news staff of KSL-TV both won 1999 Sigma Delta Chi Awards for Excellence in Journalism. The Society of Professional Journalists announced the awards Wednesday. The contest drew 1,316 entries in 44 categories.

  LDS Church To Provide Olympics Parking
The LDS Church's Property Reserve Inc., the holding company for the Church's real estate, has agreed to lease two plots of land near Park City, Utah to the Salt Lake Olympic Committee for use as temporary 'park-and-ride' lots for the 2002 Winter Games. The lots, one on U.S. 40 northeast of Park City and the other on state road 224 near the Utah Winter Sports Park at Bear Hollow, will hold a total of 13,400 cars and 400 buses.

  Deseret Book Joins Olympic Licensees
LDS Church-owned Deseret Book Company is among 10 companies that have signed licenses allowing them to produce Olympic-branded goods. The companies have together paid about $22 million in royalties to the Salt Lake Olympic Committee.

  Huntsman Awards Honor Educators Who Do Whatever It Takes
Six teachers, three principals and a volunteer were among the 10 winners of this year's Huntsman Award for Excellence in Education. The ten educators were chosen from among nearly 150 nominations and received a cash award of $10,000. It is the eighth year that Jon M. Huntsman, a wealthy industrialist and member of The Church of Jesus Christ of Latter-day Saints honored educators for extraordinary compassion, enthusiasm and dedication to their students.

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