Airline mechanics protest action by Bush
Airline mechanics demonstrated Monday outside the White House, protesting President Bush's appointment of a mediation board to resolve their long-running contract dispute with Northwest Airlines.
The action was one of several conducted nationwide to protest Friday's executive order that pushed the possibility of a strike back to mid-May at the earliest.
The 9,400 mechanics, cleaners and custodians had been prepared to go on strike as early as 11:01 a.m. Monday.
Protesters expressed anger at Bush's action and frustration that their wages hadn't risen along with the past decade's economic boom.
Language
Fed announces Spanish consumer sites
Federal Reserve Chairman Alan Greenspan may resort to "Fedspeak" when he is trying to dodge questions about where interest rates are headed, but the central bank is offering another alternative to English at its Internet site.
Officials said Monday that two new consumer guides dealing with mortgages and auto leasing were now available in Spanish as part of the central bank's effort to make more of its resources available to the fast-growing minority group.
The Census Bureau reported last week that the number of Hispanics surged by roughly 58 percent over the last decade to draw virtually even with non-Hispanic blacks as the nation's largest minority group.
Telecommunications
Ericsson warns of first-quarter loss
LM Ericsson AB, the Swedish telecoms equipment maker, warned investors Monday it expects to make a pretax loss in the first quarter of 2001 as a result of slower U.S. economic growth.
Total sales for the first quarter are expected to be flat or "somewhat lower" than in the same period last year, Ericsson said, compared with earlier forecasts of a 15 percent increase.
Ericsson expects to make a pretax loss of up to $510 million in the first quarter, as investment in developing new mobile phone technology and the price pressure on handsets also weigh on profits.
"The slower growth is affecting all of our operations," Ericsson said. "Customers in the U.S. in particular are postponing their capital expenditures. Also in Western Europe, in markets with already high penetration, operators are delaying investments."
Newspapers
Tonganoxie Mirror wins national recognition
The (Tonganoxie) Mirror has won first place in its circulation category in Inland Press Foundation's annual "Nation's Best Non-Daily" newspaper competition.
The Mirror placed first among newspapers with circulations of 5,000 and less. Judges said "exceptionally fine design" helped the newspaper complement crisp writing. The Mirror is owned by The World Company, which owns the Journal-World.
The Payson (Ariz.) Roundup, owned by WorldWest Limited Liability Company, a company formed in 1994 by The World Company's owners, also won first place in its circulation category (5,000-10,000). It was the Roundup's second straight win.
The awards were presented earlier this month at Inland Press Foundation's Weekly Newspaper Conference in Phoenix.
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