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Business News
| Iowa State Employees Question Use of Covey |
| Mormon management guru Stephen R. Covey's book is coming
under criticism from some state employees who claim the book pushes a
religious message that shouldn't be paid for by the state. A recent article
in the Des Moines Register airs the complaint after Covey's seminars and
book were presented to state employees. |
| ZCMI Stores Broken Up |
| Not all former ZCMI stores will carry the Meier and
Frank name, as an announcement Wednesday made clear. Arkansas-based
Dillards, Inc., announced then that it had reached an agreement to purchase
four former ZCMI stores in Utah and Idaho from May Department Stores, the
corporate parent of Meier and Frank. May purchased the ZCMI chain from the
LDS Church in December 1999. |
| LDS Columnist Wins Religious Journalism Award |
| For the second time in four years, Deseret
News columnist, Jerry Johnston, has been awarded the Wilbur Award for
outstanding religion columns by the Religion Communicators Council.
The 2000 Wilbur will be presented to Johnston on April 28, 200l
during the council's annual convention in Minneapolis. |
| Huge LDS Camp to Benefit Young Women |
| The Church of Jesus Christ of Latter-day Saints has
always provided recreational activities for its members. With a
strong emphasis on being engaged in uplifting activities, the members
of the Church are well-known for participating in various
Church-sponsored programs that provide positive experiences for young
and old alike. The Church feels so strongly about the issue of
providing wholesome recreational opportunities for its members that
it typically builds basketball courts inside of most meeting houses. |
| Smooth Sidewalks Are His Life |
| An Orem man, Ballard Gardner, 69, is seeking
a patent for a hand-held concrete cutting machine he developed nine
years ago to remove trip hazards from sidewalks. Gardner, and the
five-man crew that make up his company Amerex, has since cut or
shaved uneven concrete hazards from more than 1,000 miles of
sidewalks from Ogden to Las Vegas. The process greatly reduces
dangers to joggers, skateboarders, parents with strollers, wheelchair
users, and others who navigate sidewalks with difficulty. |
| MSI: Dell Drives Mormon Stock Index Higher While Market Falls |
| Dell Computer's 16% increase last week drove
the Mormon Stock Index up 3.65%, nearly twice the rise of the NASDAQ
and well above the Dow Jones Industrials, New York Stock Exchange
index and S&P 500, all of which fell last week. Dell rose $3.75 to
$27.4375 a share. |
Other Business News
| LDS Church's Property Reserve Buys Warehouse |
| DURHAM, NORTH CAROLINA -- Property Reserve, a real estate investment company owned by the LDS Church, has purchased a 295,000-square-foot
distribution center from developer Panattoni Development. The
warehouse, one of the largest in the area, is already fully occupied.
Property Reserve has been active in the Durham area before,
purchasing the 300,000-square-foot Quadrangle office park in 1997 for
$34 million. Property Reserve paid $11.6 million for the new
distribution center. |
Developer Sells One Durham, N.C., Warehouse to Focus on Another
Raleigh NC News & Observer 30Mar01 B1 |
| Ryder Expects Earnings Below Analyst Estimates |
| MIAMI, FLORIDA -- Ryder System, Inc., the largest truck leasing
company in the US, warned investors Thursday that its earnings would
be lower than analysts had forecasted. The company expects earnings
of between 13 cents and 17 cents a share before charges, while the
consensus estimate of analysts was 20 cents a share. The company is
expected to report its first quarter earnings on April 19th. |
Ryder sees first-quarter profits below forecasts
NewsAlert (Reuters) 29Mar01 B4 |
| Herald Journal pedophile coverage earns award |
| LOGAN, UTAH -- The Logan Herald Journal won an award in the annual
"Excellence in Newspapers" contest sponsored by its Seattle-based
parent, which owns eight newspapers. The award was presented for the
coverage of convicted pedophile Jay Toombs, who was allowed to
perform along with children in the LDS Church's Martin Harris pageant
after he had been charged with abuse. The series also led to
questions about whether or not LDS clergy could be charged with
failing to report abuse. |
Herald Journal pedophile coverage earns award
Logan UT Herald Journal 29Mar01 B6 |
| Former LDS Church Lawyer Joins Law Firm |
| OGDEN, UTAH -- Nicole DeForge, a lawyer who previously worked for the Church of Jesus Christ of Latter-day Saints, specializing in
intellectual property has joined the law firm Van Cott, Bagley,
Cornwall & McCarthy as a member of the business section. She will
continue to focus on intellectual property in her new position. |
Business People Column: Nicole DeForge
Ogden Standard-Examiner 25Mar01 B2 |
| Fonix Hires BYU Graduate Kirk Feller |
| SALT LAKE CITY, UTAH -- Fonix announced today the appointment of BYU graduate Kirk Feller as Vice President of Marketing. Feller has been
Senior Vice President of Marketing at NetPartner Inc. and brings to
Fonix 15 years of experience in companies like WordPerfect and Novell. |
Senior Marketing Executive Joins Fonix
PRNewswire 26Mar01 B2 |
| Caldera Changes Name to reflect merger |
| HANOVER, GERMANY -- In a move that reflects the purchase of Santa
Cruz Operation's Server Software and Professional Services divisions,
expected in the next few months, Caldera Systems has announced a new
company name, Caldera International. The combined company will focus
on three distinct areas, "...to help all businesses and customers
interested in developing, deploying and managing Linux and unified
UNIX platforms." The new company will provide unified UNIX and Linux
products on Intel architecture with global sales, services, support
and training to companies of any size.
The company also announced the forthcoming release of Open UNIX 8, a
version of the operating system that incorporates the Linux Kernel
Personality (LKP) technology into the next release of the UnixWare(R)
7 kerne. This technology will enable Linux applications to be
deployed on top of the powerful and highly scalable UNIX kernel. |
Caldera Systems(R) Previews New Company - Caldera International - At CeBIT With Industry Support
PRNewswire 26Mar01 B4 |
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