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Business News
| Seven Mormons on Forbes List of World's Billionaires |
| The current issue of Forbes magazine includes its
annual list of the richest people in the world, and at least seven of those
listed are Mormon. Forbes list is based on public records and Forbes'
estimates of the fortunes of the 538 people worldwide who control fortunes
worth more than $1 billion. One Mormon who has appeared on Forbes lists in
the past year fell off the list, a casualty of the decline in tech stocks in
the past year. |
| Regional Airline Run by LDS Family Growing Rapidly |
| SkyWest, the country's largest independently
owned regional airline, says, "the skys the limit," as it embarks on
one of the most ambitious expansion plans in the industry. While
Comair, a wholly owned subsidiary of Delta, is in the throes of a
month-long pilot strike, SkyWest is buying up five jets dropped by
Comair and planning new routes from Salt Lake City to Texas, Iowa and
Arizona. |
| Ghanian President Mistakenly Gives LDS Church Credit for Jobs |
| Ghana's President John Kufuor visited the offices of
Affiliated Computer Services -- Business Process Solutions' venture
in Accra, Ghana last week, and gave The Church of Jesus Christ of
Latter-day Saints credit for bringing the company to Ghana, where it
employs 1,000 people. But a US-based executive of the firm, who is an
LDS Church member, told Mormon News that the Ghanian President was
mistaken, and overstated the Church's role. |
| MSI: Subscribers Identify Two More Companies |
| Mormon News subscribers have identified two
more companies that belong on the Mormon Stock Index, increasing the
number of companies to 31. But in spite of the additional
participation, the index fell nearly 3%, much more than the Dow Jones
Industrials, while other broader market indices increased. Two-thirds
of the stocks on the MSI decreased, five by more than 10%. |
Other Business News
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