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Business News
Tribune-Media News Agreement Freezes Status Quo |
At the request of US District Judge Tena Campbell,
the Salt Lake Tribune Co., manager of the newspaper, and MediaNews Group,
the newspaper's new owner, have reached an agreement to freeze the status of
the Newspaper Agency Corp., the company that runs the business and
distribution functions of both the Tribune and the Deseret News. The
agreement keeps MediaNews Group from making 'significant' changes to the
Newspaper Agency Corp. (NAC) until a hearing in February, when Judge
Campbell will hear the case. |
LDS Businessman Cleans-Up Movies, Makes Slate Sex Column |
LDS Businessman Ray Lines is making an attempt to clean
up movies for Utah County's predominantly Mormon audience. And his
efforts have even been noticed on-line, where the e-zine Slate's sex
column picked up the story. Lines' business, CleanFlicks, edits
movies for its customers and maintains a library of edited movies for
members of its coop. |
New Company Added, Four Dropped From Mormon Stock Index |
In the regular revision of the Mormon Stock
Index, four small Mormon firms were dropped because their market
capitalization fell below the required $100 million while one new
company was added. Caldera Systems, Hollywood Entertainment, I-Link
and Ten Fold all ended the fourth quarter with market capitalizations
well below $100 million. But the index did add one new company,
Knight Transportation, and managed to rise for the week, while the
broader indexes all fell. |
Other Business News
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