| Financial Guru Wade Cook Settles Claims|
|Two companies owned by Wade Cook, the former
cab driver turned millionaire who gives stock investing seminars,
have settled claims that they deceived customers with the Federal
Trade Commission and with the state of Washington. Under the
agreement, Wade Cook Financial Corp. and Wade Cook Seminars, Inc.
will give refunds to customers that lost money following Cooks
advice. Investigators say Cook's claims of exceptional investment
results were deceptive.|
Other Business News
LDS Church Bishop's Storehouse Encounters Zoning Difficulties
SLIDELL, LOUISIANA -- The LDS Church's attempt to build a Bishop's
Storehouse in Slidell, Louisiana was delayed Tuesday, October 3rd, in
spite of Church efforts to work with neighbors and avoid complaints. The
Church is trying to build a 15,000 square foot building on 2.3 acres just
outside of Slidell on land zoned "suburban agricultural."
The Church's original application was postponed last month at the
request of a zoning commissioner, and the LDS Church's New Orleans regional
welfare agent, Joe Clark, met with neighbors on September 20th to discuss
the project. Clark agreed with the neighbors to ask for the property to
be zoned "light commercial." However, at Tuesday's meeting they
discovered that a 15,000 square foot building can't be zoned "light
commercial." Neighbors don't want the land zoned in a more industrial classification for
fear of what might happen if the Church's plans fall through.
River Oaks rezoning wins approval Subdivision to get 42 additional lots
New Orleans LA Times-Picayune pgO1 4Oct00 B1
By Paul Bartels: St. Tammany Bureau
Gorbachev Speaks at annual Franklin Covey Symposium
SALT LAKE CITY, UTAH -- LDS business guru Stephen Covey
presented the Soviet Union's last premeir, Mikhail Gorbachev with the Franklin
Covey Principle-Centered Leadership Award at the Franklin Covey Symposium
on Wednesday, September 27th. Covey said that the award is given to
"one individual who embodies the principles of vision, justice, courage,
trust, respect for people and their differences, and service for noble
purposes and great causes."
Covey said that Gorbachev embodies these ideals in the way that he
deeply affected history. "Gorbachev understands that people cannot live
in a sea of poverty while others are on an island of prosperity," said
Covey. Gorbachev gave the Symposium's keynote address, telling how he rose to become
premier and what he thinks of Russian leadership today.
Gorbachev comes to Utah for leadership award
BYU NewsNet 27Sep00 B2
By Rachael Wilson: NewsNet Staff Writer
Deseret News' Wall Recalls Pulitzer for Columbine
SALT LAKE CITY, UTAH -- Jim Wall, the LDS Church member recently
named publisher of the Deseret News, spoke at the Salt Lake Rotary
Luncheon Tuesday, September 26th, telling the Rotarians about his experiences
as executive vice president and general manager of the Denver Post. The
Post won a Pulitzer Price earlier this year for its coverage of the
Wall said that when the news came that the Post had won the award,
the newsroom broke out in cheers, "But that almost immediately
turned to tears,"said Wall as the reporters remembered the cost of what
brought the newspaper the prize.
The Deseret News' Diane Urbani wrote that Wall proved to be a speaker
that could hold a room full of people spellbound as he told his
Deseret News publisher recalls pain and Pulitzer
Deseret News 27Sep00 B2
By Diane Urbani: Deseret News staff writer
New leader says papers still record life of community
Deseret News Profile of Spa Pioneer Robert Rice
SALT LAKE CITY, UTAH -- The Deseret News interviewed and profiled
71-year-old LDS businessman and entrepreneur Robert Rice recently,
telling how Rice built his interest in physical fitness into a gym in 1952,
and then into the world's largest fitness company. Rice and his partner took
European Health Spas public, eventually selling their interest in the company.
They then went on to build a new chain of 55 spas.
Along the way, perceptions of physical fitness in the US changed.
Rice served on the President's Council on Physical Fitness during the
Nixon administration. Rice was also heavily involved in the community and
served as an LDS stake president and for the past six years as a sealer in
the Salt Lake Temple.
Spa pioneer Robert Rice is still going strong at 71
Deseret News 3Oct00 B2
By Linda Thomson: Deseret News business writer
He enjoys keeping busy as he operates 55 thriving gyms
Neeleman's Jet Blue Reaches Profitability, Adds Salt Lake Route
NEW YORK, NEW YORK -- LDS Airline entrepreneur David Neeleman's
JetBlue Airways has recorded its first profitable month, just six months
after it started operations. "Rarely does a new airline become profitable
so quickly," trumpeted Neeleman happily, "Our plan projected a
significant profit in August and we performed according to plan. It is clear from
these results that travelers to and from New York really appreciate our low
fares, friendly employees, new aircraft and leather seats each with
DirectTV. I am so proud of the entire JetBlue Team for all the hard work they've
given to achieving this goal."
Neeleman is a vetran of Salt Lake City's Morris Air, which merged
into Southwest Airlines more than two years ago. Jet Blue has in the last
six months operated more than 4,000 flights and posted excellent
operating numbers with the US Dept of Transportation. More than 25% of its
reservations have been booked over its website.
Currently, the airline offers limited flights to smaller airports,
like Rochester, New York, Fort Lauderdale, Florida and Burlington, Vermont
from its main hub at New York's John F. Kennedy Airport. But recently,
JetBlue started flying to Los Angles/Ontario and to Oakland, California, and
plans to open service to Salt Lake City, Utah on November 17th.
JetBlue Reports First Month of Profitability, Releases Six-month Performance Figures, and Flies 500,000th Passenger
Excite News (Business Wire) 28Sep00 B2
LDS Businessman Robert Edward Bull Loses Fight with Cancer
KAYSVILLE, UTAH -- LDS Trucking executive Robert Edward Bull died
September 23rd after a fight with cancer. Bull was 75.
After serving in the Navy during World War II, Bull returned and
attended the University of Utah, working for Garrett Freightlines between
semesters. After finishing school, he was promoted to the trucking company's
general offices, working there for 19 years. Bull then joined ONC
Freightlines of Palo Alto, California, rising to Executive Vice President and Vice
President of Rocor International, ONC's parent.
In 1978, Bull started Thunderbird Pacific Freightlines, serving as
President and CEO until he retired in 1994. Bull was also active in the LDS
Church, serving in two bishoprics and in a variety of other positions.
Robert Edward Bull
Salt Lake Tribune 26Sep00 B2
Returned Missionary's Sushi Restaurant Makes Gourmet Magazine Restaurant Guide
NEW YORK, NEW YORK -- Returned Missionary Peggi Whiting's Ichiban
Sushi of Salt Lake City was chosen as one of the 180 best restaurants
nationwide in Gourmet Magazine's October issue. The restaurant was given a
"best sushi" rating by the magazine, which praised the restaurant's sushi as
"festive and feisty."
Whiting fell in love with sushi on her mission, and returned to Japan
to apprentice under a Tokyo sushi master. She then went back to Salt
Lake and set up her restaurant.
Nibbles & Bits: Best Sushi
Salt Lake Tribune 4Oct00 B2
Bonneville to Close St Louis Station Trade
ST LOUIS, MISSOURI -- LDS Church-owned Bonneville International will
soon complete the trade of its Los Angeles radio station, KZLA-FM to
Indianapolis-based EMMIS Communications for four St Louis
stations, WKKX-FM, WIL-FM, WRTH-AM and WVRV-FM. The trade was announced last
June, and continues Bonneville's moves to consolidate its holdings in a few
Bonneville's move is similar to the moves that many radio and
television companies have made in the wake of changes in FCC rules several years
ago. Those rules loosened restrictions on the number of broadcast stations
that a single company could own in one city or market. That change made it
more economical to own multiple stations in one market, where
back-office activities such as advertising sales and office management could be
Bonneville also is participating in an industry effort to make it
easier to put radio stations on the Internet. The effort, called the Local
Media Internet Venture (LMIV), will provide the technology, content and
marketing needed to improve local radio station websites. The group
represents stations with more than 37 million weekly listeners.
EMMIS Communications Reports Record Second Quarter Results
Excite News (PRNewsWire) 26Sep00 B3
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