ALL the News about
Mormons, Mormonism
and the LDS Church
Mormon News: All the News about Mormons, Mormonism and the LDS Church
Posted 24 Feb 2001   For week ended July 9, 2000
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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."

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