BUSINESS NOTES DISNEY PARK ADDS NEW ATTRACTIONS.Not willing to accept sluggish attendance as a final answer at its latest theme park, Burbank-based The Walt Disney Co. is turning to its wildly popular television game show for a boost. Disney is adding a live version of its ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. show ``Who Wants to be a Millionaire'' to its California Adventure park in Anaheim. The attraction will open in late August in the ``Hollywood Backlot'' section of the 55- acre park, which is next door to Disneyland. A similar attraction opened in April at the Disney-MGM Studios in Orlando, Fla. It runs 10 shows a day on a set similar to the one used to tape the show in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , complete with dramatic lighting and tension- building music. A rotating crew of hosts replaces the wisecracking Regis Philbin. The attraction is the second major attempt to boost attendance at California Adventure, which opened in February. The famed Main Street Electrical Parade The Main Street Electrical Parade is a regularly-scheduled parade, created by Bob Jani, famous for its long run at Disneyland at the Disneyland Resort most summers between 1972-1975, 1977-1982, and 1984-1996. , a staple at Disneyland and other Disney parks for years, will make its comeback at the park in July. Kanakaris to buy L.A. Film School HOLLYWOOD - Kanakaris Wireless plans to acquire the Los Angeles Film School within the next couple of weeks for an undisclosed amount. The facility occupies six floors of the former RCA See RCA connector and video/TV history. headquarters at 6363 Sunset Blvd. in Hollywood. Its curriculum includes a 20-week course taught by industry professionals with full student access to filming and editing equipment used in major motion pictures. Unemployment claims increase WASHINGTON - New claims for state unemployment benefits remained at the highest level in a month, suggesting the nation's labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience still is struggling. The number of workers filing new claims for the insurance jumped 8,000 to a seasonally adjusted Seasonally adjusted Mathematically adjusted by moderating a macroeconomic indicator (e.g., oil prices/imports) so that relative comparisons can be drawn from month to month all year. 419,000 for the work week ending May 26, the Labor Department said Thursday. ``We're in very serious territory here,'' said David Orr, an economist with First Union Corp. The increase was the third in a row, keeping claims at their highest level since April 28, when they shot up to 425,000. Analysts had anticipated a smaller increase. The more stable four-week moving average, which levels week-to-week fluctuations, slipped 1,500 last week to 402,500, the lowest level since April 21. Xerox concedes accounting errors STAMFORD, Conn. - Xerox Corp. admitted Thursday it did not comply with generally accepted accounting principles The standard accounting rules, regulations, and procedures used by companies in maintaining their financial records. Generally accepted accounting principles (GAAP) provide companies and accountants with a consistent set of guidelines that cover both broad accounting but said an independent audit of its financial statements found no fraudulent transactions. In a statement, Xerox said its auditors, KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen , have certified Xerox's financial statements for the three years through Dec. 31, 2000. The accounting firm and the company's audit committee conducted a fuller review in response to an ongoing investigation of Xerox's finances by the Securities and Exchange Commission. Firestone faults Ford SUV steering WASHINGTON - The battle intensified Thursday between former business partners Bridgestone/Firestone Inc. and Ford Motor Co., with the tire maker asking the government to investigate the safety of Ford's Explorer SUV. Bridgestone/Firestone CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. John Lampe met with Transportation Secretary Norman Mineta and presented him a lengthy report claiming the world's best-selling sport utility vehicle has a steering problem that contributed to rollovers Ford has blamed on faulty Firestone tires. NHTSA NHTSA National Highway Traffic Safety Administration (US government) spokesman Rae Tyson would not comment on the information presented except to say it was under review. A call to Ford seeking comment was not immediately returned. - Staff and wire reports |
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