Celera Genomics president moves into advisory role
Celera Genomics' outspoken president J. Craig Venter, a leader in the effort to map the human genome, has stepped down to return to research while the company shifts its focus to drug development.
Venter said he planned to continue as a scientific adviser to the biotechnology company but wants to spend more time working at a genetic research nonprofit organization he helped found.
Since mapping the genome, Celera has shifted its focus from selling access to its genetic databases to developing drug targets based on its genetic research. With that change, other Celera executives have left.
Aviation: Boeing cites Sept. 11 attacks for woes in fourth quarter
Boeing Co. said Wednesday that its fourth-quarter profits fell 79 percent as the company was buffeted by the downturn in aviation after the Sept. 11 attacks.
The world's biggest airplane manufacturer managed to boost revenues by 7 percent over the previous year, but Boeing projected revenue would fall for both 2002 and 2003 as the industry's decline takes full effect.
Net earnings were $100 million, or 12 cents a share, down from $481 million, or 55 cents a share, a year earlier. The company took $622 million in charges, largely related to the attacks, including moves to lay off as many as 30,000 of its 95,000 employees as a result of weakened demand.
Earnings: Wage gap between genders spreading, study discovers
Most female managers earned less compared with men in 2000 than they did five years earlier, according to a congressional study of 10 industries.
Full-time female managers earned less than their male counterparts in all 10 fields in 1995 and 2000, the General Accounting Office found. In seven of the fields, the earnings gap grew during the five-year period.
There were drops in entertainment and recreations services; finances, insurance and real estate; business and repair services; retail trade; and other professional services. Women's earnings compared to men increased in three fields public administration, hospitals and medical services and educational services according to the data.
Banking: Earnings rise at Cap Fed
A stock buyback and a boost in net interest margin boosted quarterly earnings by 16 percent for Capitol Federal Financial, the holding company for Capitol Federal Savings, said Wednesday.
Topeka-based Cap Fed reported diluted earnings of 28 cents per share for the quarter ended Dec. 31, up from 24 cents a year earlier. Net income for the quarter was $20.8 million, up 6.7 percent from $19.5 million a year earlier.
Cap Fed operates 34 branch offices in Kansas, including several in Lawrence. The company went public in the spring of 1999.
Agriculture: Springlike weather can harm top Kansas wheat variety
Unseasonably warm temperatures may bring the Kansas wheat crop out of dormancy too early, making it especially prone to damage from current drought conditions and later cold winter blasts.
"Jagger is specifically susceptible to that sort of thing the number one wheat in the state," Kansas State University agronomist Jim Shroyer said Wednesday.
Three to five days of 70-degree weather, coupled with nighttime temperatures in the low 30s, are enough to prompt wheat to break dormancy, Shroyer said. Some wheat in the southern part of the state may have already come out of dormancy.
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