BRIEFCASE JERRY'S DELI TAKEN OFF NASDAQ MARKET.Byline: - Staff and Wire Services STUDIO CITY - Jerry's Famous Deli Wikipedia is not the place for advertisement or self-advertising. Jerry's Famous Deli is a Los Angeles-based delicatessen famous for its huge menu, which boasts over 700 deli and traditional food items. is being delisted from the Nasdaq Small Cap Market as a result of its stock repurchase Stock repurchase A firm's repurchase of outstanding shares of its common stock. program, the restaurant chain announced late Tuesday. Jerry's, which trades under the ticker DELI, will be removed from the exchange Oct. 10 for failing to meet public float requirements and not supplying sufficient directors for auditing purposes. The company said it might continue with plans to completely repurchase all outstanding shares, but in the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified" meantime, meanwhile will remain eligible to be traded over-the-counter on Nasdaq's bulletin boards. Its stock closed Tuesday at $5.30, unchanged. Low-pay workers need several jobs Minimum-wage employees in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. have to work three jobs to pay for basic affordable housing, said a study released Tuesday. The report, by the National Low Income Housing Coalition, says this problem pervades the entire nation, demonstrating that minimum-wage workers cannot support a family working only one job. With California's minimum wage of $6.25 per hour, a full-time worker takes home $1,000 per month before taxes. The study assumes that that worker then puts 30 percent of gross pay toward housing, using standards provided by the U.S. Department of Housing and Urban Development. That $300 is considerably short of any possible housing in Los Angeles. Supplemental figures provided by the NLIHC's local affiliate, the Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, Association of Non-Profit Housing Non-profit housing is owned and managed by private non-profit groups such as churches, ethnocultural communities or by governments. Non-profit housing uses private funding and government subsidies to support a rent-geared-to-income program for low-income tenants. , show the average price for a studio apartment is $855 a month, and a family dwelling with two bedrooms costs $1,026 monthly. Airlines step up promotion efforts DALLAS - U.S. airlines are ramping up their efforts to lure back business and leisure travelers with a mixture of frequent-flier enticements, fare discounts and other promotions. Most U.S. carriers Tuesday matched 50 percent discounts by United Airlines Inc. aimed at business travelers who don't want to stay Saturday night to qualify for a leisure-ticket discount. American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the Inc. introduced its own version Tuesday of United's ``Back to Business'' fares, calling its offering ``Getting Back to Business.'' The carriers are offering a 50 percent discount on the high-priced coach fares to people who buy at least 21 days in advance. Although a Saturday night stay is not required, travelers must stay at least one or two days to qualify for the prices. Disney park losing noted restaurants ANAHEIM - Two high-profile restaurants are closing their doors at Disney's California Adventure Disney's California Adventure is a theme park in Anaheim, California, adjacent to Disneyland Park and part of the larger Disneyland Resort. It opened on February 8, 2001. The park is owned and operated by The Walt Disney Company. after failing to pack in big enough crowds at the struggling theme park. Disney spokesman Ray Gomez said Avalon Cove, a seafood restaurant owned by Wolfgang Puck Wolfgang Johann Puck (born Wolfgang Johann Topfschnig on July 8, 1949) is an Austrian-American celebrity chef, restaurateur, and businessman based in Los Angeles. Food Co., closed Monday. It was the first defection of a tenant since the theme park opened in February. Robert Mondavi Robert Gerald Mondavi born May 18 1913 in Virginia, Minnesota, United States is a leading vineyard operator whose technical improvements and marketing strategies brought Corp. also said it will no longer operate its Golden Vine Winery and restaurant but will remain a park sponsor. Disney will now take over control of the Mondavi attraction. ``We want to eliminate further financial exposure,'' said Nancy Light, a spokeswoman for the Oakville, Calif.-based winery. The company will record a charge of more than $12 million related to its investment in California Adventure. A Wolfgang Puck spokesman declined to comment about the restaurant closure. Boeing may cut 737 production The Boeing Co. may slash production of its best-selling 737 by nearly half as a result of the worldwide airline financial crisis, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. company sources. Even though Boeing on Tuesday signed an agreement to sell 30 of the jets to China, the order will not significantly alter the expected drop in production that is part of the fallout from last month's terrorist attacks on the U.S. As a number of airlines cancel orders or defer delivery of some planes already ordered, Boeing is weighing production cuts for all its models. |
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