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Mormon News: All the News about Mormons, Mormonism and the LDS Church
Posted 19 Apr 2001   For week ended March 30, 2001
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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.

BYU's business and law schools in U.S. News top 50
Brigham Young University's business and law schools are among the top 50 in the United States, reports the 2002 edition of the U.S. News &World Report guide "Best Graduate Schools."

Marriott students help dairy make money out of manure
It's a stinky situation but nothing a group of marketing students at Brigham Young University's Marriott School can't handle.

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, " 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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