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Archive for Saturday, January 5, 2002

Briefcase

January 5, 2002

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KU alumni feed demand for Papa Keno's in Denver

Papa Keno's Pizzeria is branching out.

The company, which opened its first restaurant 10 years ago in Lawrence, is making plans to open its fourth restaurant later this year this time in Denver.

It would be the second Papa Keno's in Denver, following up on last year's opening across the street from the University of Colorado Medical Center.

"It's a town where we have a lot of customer base, just from people who went to school here," said Andy Collinsworth, the company's operations manager in Lawrence. There's 6,000 to 9,000 KU graduates out there."

It's also the home of Greg Keenan, who founded the company in Lawrence and who remains its sole owner.

Collinsworth said Keenan also was considering the possibility of franchising the Papa Keno's concept. Papa Keno's also has a restaurant in downtown Overland Park.

Justin McDaniel, above, prepares a pizza Friday afternoon at the Lawrence eatery, 1035 Mass.

Energy: Dynegy settles lawsuit with Enron subsidiaries

Dynegy Inc. has settled a lawsuit with Enron Corp. over control of a prized pipeline that was part of a dispute between the two energy companies after their merger agreement fell apart.

Enron has agreed to turn over control of the Northern Natural Gas pipeline by the end of the month, Dynegy said.

"We acquired the pipeline under the terms originally agreed upon by the two companies, with the exception of the date extension," said Chuck Watson, Dynegy's chairman and chief executive.

Enron would have the option to repurchase the pipeline by June 30.

Casino: Argosy expansion plans would increase jobs

A $60 million plan unveiled to the Missouri Gaming Commission would nearly double the size of the Argosy Riverside Casino in kansas City, Mo.

The plan aims to make the casino in the suburb of Riverside more competitive with the area's three other casinos. It would add more surface parking, a dramatic new entrance, two new dining venues and an expanded buffet and dining room.

The renovation could take 18 months to two years to complete, while providing 500 construction jobs and 100 more casino jobs.

Mail: Postal rates could rise in June under proposal

The Postal Service and major mailers appeared Friday to be close to an agreement that could lead to postage rate increases by the end of June instead of in the fall, a boon to the agency that faces billions in costs stemming from anthrax-by-mail letters.

Under the proposed deal, rates would go up 8.7 percent on average, providing an estimated $6 billion in additional revenue for the post office, with the cost of a first-class stamp rising three cents to 37 cents.

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