BUSINESS NOTES.DISNEY TO SELL McD'S FRIES: McDonald's Corp. said it has given Burbank-based Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. a license to sell McDonald's french fries French fry n. A thin strip of potato fried in deep fat. Often used in the plural. at Walt Disney World Noun 1. Walt Disney World - a large amusement park established in 1971 to the southwest of Orlando Orlando - a city in central Florida; site of Walt Disney World , the first time the fries will be sold somewhere other than a McDonald's restaurant. The world's largest fast-food restaurant chain said the fries will be sold at a kiosk outside the Frontierland area of the Disney theme park near Orlando, Fla. Soft drinks will be the only other food item sold at the kiosk. ?13- Bloomberg News KODAK TO LAYOFF 10,000: Eastman Kodak Co., the world's biggest photography company, is preparing to lay off as many as 10,000 of its 95,000 employees to trim costs by anywhere from $500 million to $800 million a year, Wall Street analysts predict. At a meeting with investors and analysts 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 next Tuesday, chief executive George Fisher George Fisher may refer to:
Analysts said Thursday they expect Kodak will shed a variety of money-losing businesses and products, trim its sales force by 10 percent and refocus Verb 1. refocus - focus once again; The physicist refocused the light beam" focus - cause to converge on or toward a central point; "Focus the light on this image" 2. research costs to curb this year's projected losses of $400 million in digital photography. Kodak had no comment. ?13- Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. MET LIFE UNDER INVESTIGATION: Florida state regulators say they are investigating whether Met Life Insurance Co. misled thousands of customers - many elderly - into buying more expensive policies. In a practice known as ``churning,'' customers are urged to buy additional life insurance and pay for it by using the cash value in an existing policy. The customers, often elderly, are later hit with large, unexpected premium bills. The state's probe of Met Life has been under way for seven months and involves up to 30 other insurers, Don Pride, spokesman for Florida Insurance Commissioner Bill Nelson, said Thursday. Met Life, which has about 5 percent of Florida's life insurance market, said it did not expect the investigation to uncover major problems. ?13- Associated Press OCTOBER SALES LOOK GOOD: Halloween scared up some business for sales-starved retailers, but left them still guessing about the Christmas shopping season. Merchants who reported their October sales figures sales figures npl → cifras fpl de ventas Thursday said they had respectable gains due to Halloween and the arrival - finally - of cooler weather. Discounters including Wal-Mart Stores Inc., Kmart Corp. and Target did particularly well, benefiting from their wide assortment of Halloween costumes, apparel, candy and decorations. ?13- Associated Press |
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