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Business News
| Mormon News Introduces Stock Index |
| Mormon News introduces today a new feature, its
index of publicly-traded stocks that have Mormon management. The
index, which includes 18 stocks, is an attempt to see how well
companies run by Mormon businessmen perform in the markets. |
| Willes Makes $64.5 Million on Leaving Times-Mirror |
| LDS Church member Mark H. Willes, nephew of LDS
Church President Gordon B. Hinckley, topped the Los Angeles Times' list of
highest-paid Southern California executives. Willes earned $64.5 million
from Times-Mirror for this year, in spite of being forced to resign amid the
Tribune Company's purchase of Times-Mirror. |
| Jazz owner Miller sued over Restaurant |
| LDS Church member Larry Miller, who owns the Utah
Jazz NBA franchise as well as several Salt Lake City auto dealerships
and other developments, is being sued over his new restaurant, "The
Mayan." A Lakewood, Colorado restaurant, "Casa Bonita" filed a
lawsuit Friday against Miller claiming that he copied thier
restaurant when he created "The Mayan." |
| Retired LDS Entrepreneurs Die in Car Accident |
| Richard Young and Margaret Young died July 2
in an automobile accident near Idaho Falls, Idaho. Young, known as
"Rick", 71 and his wife, "Peg", 70, owned and operated Image Control
Systems (ICS) graphic-arts supply stores in Seattle, Portland,
Spokane and Anchorage. According to daughter Joanne Young of
Seattle, "Their partnership succeeded because his vision, humor and
pride meshed well with his wife's patience and unselfishness." |
Other Business News
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