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Archive for Friday, March 30, 2001

Briefcase

March 30, 2001

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Advice

Newcomers guide available to help

http://douglasnewcomers.lawrence.com

A new information guide for prospective Lawrence-area residents is ready for distribution both in print and on the Web.

The Greater Douglas County Newcomers Guide, produced by Sunflower Publishing in Lawrence, offers 64 color pages of information for people looking to locate in the area, including Lawrence, Baldwin, Eudora and Perry.

"Anyone who moves into a community needs this book, because it has all the information you would need to know where the schools are where you need to register a car, where to find services for people," said Len Egdish, special projects manager for Sunflower Publishing. "It's all in there."

Sunflower Publishing is a division of The World Company, which owns the Journal-World.

Copies of the guide are available from area real-estate offices and at the Journal-World, 609 N.H. It also is available on the World Wide Web.

Copies of the printed version are available by mail for $3, to cover postage and handling. Call (888) 497-8668 to order.

Agribusiness

Tyson calls off deal to purchase IBP Inc.

Tyson Foods Inc., the No. 1 U.S. poultry producer, on Thursday called off a $3.2 billion purchase of IBP Inc. that would have also made it the nation's top beef and pork producer.

The decision was announced nine days after IBP said an investigation into its appetizer unit, DFG Foods, uncovered potential manipulation of financial records and product theft, and mismanagement by former unit managers.

Aircraft

Boeing scraps plans for 747X

Boeing is shelving plans for its giant 747X and instead will focus on developing the "Sonic Cruiser" a radically new jetliner that will travel at nearly the speed of sound, the aerospace company announced Thursday.

Boeing officials said there simply wasn't a market for the larger 747, designed to compete with archrival Airbus Industries new A380 superjumbo. While Airbus has received 66 orders for its 555-seat jet, no customers have ordered the larger 747, which would have carried 525 passengers.

Auto industry

Delphi to cut jobs

Citing a soft U.S. auto market, auto parts giant Delphi Automotive Systems Corp. is cutting 11,500 jobs, or 5 percent of its work force.

Delphi also warned Thursday its first-quarter results would fall well short of Wall Street's expectations.

Nevertheless, investors responded to the news by pushing shares up 4 percent Thursday.

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