BRIEFCASE MEDIATED GROCERY TALKS TO RESUME.Byline: - Staff and Wire Services Negotiations to end the bitter four-month strike between Ralphs, Vons and Albertsons and their 70,000 unionized workers will resume Wednesday, 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. the federal mediator in charge of bringing the parties back together. ``Based on my discussions with the parties, I believe we've reached a point where there is some potential for progress on the key issues,'' said Peter J. Hurtgen, the director of the Federal Mediation and Conciliation Service The Federal Mediation and Conciliation Service (FMCS) is an independent agency of the U.S. government that seeks to prevent or settle disputes between labor unions and management that affect interstate commerce. . The two sides have bargained and recessed a handful of times since Oct. 11 when the strike began. At the most recent formal meeting, Dec. 19, company officials rejected a union contract proposal. Since then, the sides have met twice in secret without making any headway, officials said. Spider-Man new hero for toy firm MALIBU - Jakks Pacific JAKKS Pacific, Inc. NASDAQ: JAKK is is a multi-brand company that designs and markets a broad range of toys and consumer products and is based in Malibu, California. Its product categories include action figures, art activity kits, stationery, writing instruments, performance will look to Spider-Man as its latest hero. The toy maker announced Monday that it will market and distribute video games See video game console. based on the Marvel Comics webslinger. The red-costumed adventurer will debut in the fourth quarter of 2004 in Jakks' TV Games line, a series of joystick-based games playable on any television set. The games will sell in mass retail for around $20. Circuit City chain shutting 19 stores WESTWOOD - Circuit City Stores Inc. will close 19 stores, including its Westwood location, the company announced Monday. As part of a nationwide financial initiative, the closures will cause 860 job losses and cost the company $35 million in one-time charges. The Westwood store, located on Gayley Avenue, will conduct going- out-of-business sales immediately and should close by Feb. 23. Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC. names new exec SANTA BARBARA Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. - Tenet Healthcare Corp. on Monday named veteran hospital executive Reynold J. Jennings chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , completing the revamping of its senior management team. Jennings, 57, will be responsible for overseeing the 69 hospitals Tenet will operate after a downsizing (1) Converting mainframe and mini-based systems to client/server LANs. (2) To reduce equipment and associated costs by switching to a less-expensive system. (jargon) downsizing announced in January. Since November 2002, the company has appointed a chief executive, chief financial officer, general counsel and chief operating officer, restructured its board, and named a nonexecutive chairman. Interest rates mixed in auction WASHINGTON - Interest rates on short-term Treasury securities were mixed in Monday's auction. The Treasury Department sold $19 billion in three-month bills at a discount rate of 0.920 percent, unchanged from the previous week. An additional $17 billion was sold in six-month bills at a rate of 0.990 percent, down from 1.000 percent. The six-month rate was the lowest since Jan. 26 when the rate was 0.955 percent. |
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