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Business News
| LDS Businessman's Airline, JetBlue, Will Go Public |
| JetBlue, the New York-based airline started in
1999 by LDS Church member David Neeleman, will become a public
company later this year with an initial public offering expected to
raise $125 million. The company, known for its low prices and
high-end amenities, such as free, live television at every seat, has
built an impressive track record, expanding in two years to 100
flights a day serving 18 U.S. cities. And analysts already believe
the public will jump at the chance to invest in the firm. |
| A History of Mormon Handicraft |
| Over 1,000 Utah artisans have their work on
consignment at Mormon Handicraft, a unique to Utah business. For
nearly 65 years, quilts, dresses, needlepoint, toys and over 9,000
different handmade items comprise the local inventory. Located near
Temple Square, Mormon Handicraft has become one of the state's most
popular tourist attractions, especially for Olympic visitors looking
for something uniquely Utah. |
| MSI: AES Corp. Drop Keeps MSI Down |
| After AES Corp. posted an 80% drop in its
fourth quarter profits last week, analysts have downgraded the stock,
and shares in the international power producer fell a full 30% for
the week, leaving it down more than 57% so far in 2002. But in spite
of AES Corp.'s decline, the MSI managed to rise 0.4% for the week,
buoyed by rises at The Williams Companies, Key Corp., Phelps Dodge
and Hollywood Entertainment. |
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