Archive for Thursday, November 11, 2004

Briefcase

November 11, 2004

Advertisement

Blue Chip Cookies bites into Lawrence market

Steven Stewart couldn't pass up a little guilty pleasure.

Stewart, who co-owns three Juice Stop shops in Lawrence and two in Topeka, opened Blue Chip Cookies on Wednesday in the Westgate Shops shopping center at the southeast corner of Sixth Street and Wakarusa Drive.

"We did a 180 and went from healthy to a little unhealthy," said Stewart, who co-owns the franchise locations along with his father, Ron. "We've got both ends of the spectrum."

Blue Chip Cookies offers 27 varieties of cookies and 16 flavors of ice cream, plus cinnamon rolls and muffins and other fare. The shop, with six employees, is part of a Cincinnati-based chain that got its start in the early 1980s on Fisherman's Wharf in San Francisco.

Courts

Martha Stewart wants legal bills reimbursed

Imprisoned homemaking mogul Martha Stewart has asked the company she founded to reimburse her for $3.7 million in legal bills for a single criminal count that was eventually thrown out.

The company, Martha Stewart Living Omnimedia Inc., disclosed the request in a regulatory filing Tuesday.

Steven Stewart, who co-owns three Juice Stop shops in Lawrence and
two in Topeka, opened Blue Chip Cookies on Wednesday in the
Westgate Shops shopping center at the southeast corner of Sixth
Street and Wakarusa Drive.

Steven Stewart, who co-owns three Juice Stop shops in Lawrence and two in Topeka, opened Blue Chip Cookies on Wednesday in the Westgate Shops shopping center at the southeast corner of Sixth Street and Wakarusa Drive.

The $3.7 million figure applies to Stewart's defense on a charge that she propped up the company's stock price, and therefore her own wealth, in 2002 by declaring her innocence in a personal stock scandal.

Food

American Italian Pasta eats loss for quarter

Kansas City, Mo.-based American Italian Pasta Co. on Wednesday reported its second straight losing quarter, blaming the costs of responding to a nation losing its appetite for foods rich in carbohydrates.

The nation's largest producer of dry pasta, with brands like Mueller's and Pennsylvania Dutch, reported a net loss of $12.2 million, or 67 cents per share, compared to a profit of $12.8 million, or 69 cents per share, in the fourth quarter a year earlier.

The latest quarter's loss reflects $14.4 million in before-tax expenses for such items as restructuring, an inventory reduction strategy and the introduction and marketing of new products.

Economy

Trade gap narrows

The U.S. trade deficit shrank to $51.6 billion in September, an improvement brought about as exports posted their best month on record.

The latest snapshot of trade activity, reported by the Commerce Department on Wednesday, came after the deficit had swelled to $53.5 billion in August -- the second-highest level registered. September's trade deficit represented a 3.7 percent reduction from August.

Commenting has been disabled for this item.