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Business News
LDS Developer's 'New Urban' Development Approval Expected Today |
An LDS Church affiliate's planned
development in Kansas City, Shoal Creek Valley, is expected to be approved by the
city council today. The planned development is notable because it
incorporates principles of so-called "New Urbanism," including favoring
walking over driving, into the development. The 1,700 acre development could
eventually house 15,000 people, the offices they work in and the businesses they
frequent. |
LDS Investment Guru Under Investigation |
Former cabbie Wade Cook created a large
financial-seminar business, sharing strategies of triple-digit annual
returns on investments. Now the Federal Trade Commission and
authorities from 13 states are nearing completion of settlement pacts
with the Wade Cook Financial Corporation because of numerous customer
complaints. |
Mormon Stock Index Down Again in Up Market |
A strong upturn by network software firm Novell offset
dowturns by other stocks to keep a drop in the Mormon Stock Index to a
modest 1.00 points or 0.7%. Caldera, EarthShell, Franklin Covey and Ten Fold
all moved down more than 10% last week for a variety of reasons while the
NASDAQ composite rose 2.86%. |
BYU Grad Wins Praise for Clear Backpacks |
Dale Jeffery, A 33-year-old MBA working at a
Houston import-export firm recently went into business when he read
an ad that a Georgia school had placed in a magazine. The school was
looking for clear backpacks, a trend that has become popular with
numerous schools. Jeffery, who holds an undergraduate degree in Asian
studies from Brigham Young University and an MBA from Thunderbird,
an Arizona-based graduate school specializing in international
business, decided to take on the challenge he saw there. |
Other Business News
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