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Business News
| Covey Attacked for London, Ontario Schools Use of Book, Seminars |
| Parents, teachers and activists in the
London, Ontario schools are attacking their school board over the
used of training materials and seminars produced by Franklin-Covey,
the firm founded by LDS Church members Hyrum Smith and Stephen R.
Covey. But while the complaints allege that the money could be better
used and that the materials don't help make better teachers and
instruction in the district, they also claim that the materials
promote the teachings of the LDS Church. And some of the complaints
seem to object simply because Stephen R. Covey is Mormon. |
| Amid Saginaw Well Complaints, LDS Church Reaches Out to Neighbors |
| A ruling by Michigan Circuit Judge William Crane
last week, against two Saginaw County farms owned by Walther Farms
and The Church of Jesus Christ of Latter-day Saints, prompted
representatives from the Church to visit 26 nearby homes. The court
charged that the two farms must pay $4,000 each for water storage
tanks to the 22 families that lie within a half-mile of the
irrigation wells, a distance the court concluded that shows a
connection between irrigation and the resident's problems. |
| Franklin Covey Favors LDS Members, Lawsuit Alleges |
| A lawsuit was filed Friday in U.S. District
Court of the Eastern District of Pennsylvania as thirteen former employees
of a Franklin Covey Co. subsidiary, alleged discrimination because they were
not members of The Church of Jesus Christ of Latter-day Saints. According to
Plaintiff attorney William Maher, the former employees of Premier School
Agendas Co. of Bellingham, Washington, who worked in the Premier regional
office in Blue Bell, Pa. alleged they were passed over for promotions, had
sales territories restricted and were denied profit sharing and stock option
benefits. |
| MSI Up with NASDAQ, Led by NPS Pharmaceuticals |
| Led by NPS Pharmaceuticals, the Mormon Stock Index
rose 2.7% last week, in line with the NASDAQ index and higher than the Dow
Jones and other companies. But the rise in the index was broadbased, with 22
stocks up and just 11 down for the week. 1-800-Contacts led the down stocks,
falling nearly 11% for the week. |
Other Business News
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