Like the Dunes and Desert Inn before it, the venerable Stardust
hotel-casino on the Las Vegas Strip is heading for the wrecking ball.
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Getting a free meal at 30,000 feet, in coach class at least, is going
the way of the biplane.
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A federal grand jury in Los Angeles indicted the Ralphs grocery chain
Thursday, alleging that store managers violated federal laws by
secretly rehiring nearly 1,000 locked-out workers during the bitter
Southern California supermarket labor dispute two years ago.
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Bruce Sherman got his first taste of investing in the 1960s after his
father gave him 10 shares of Polaroid Corp.
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A
U.S. appeals court ruled Wednesday that a financial mutual-aid pact
among the three grocery chains involved in the Southern and Central
California labor dispute last year could be challenged on antitrust
grounds, a spokesman for state Atty.
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Albertsons Inc., which is on the auction block, said Tuesday that its
fiscal third-quarter profit tumbled 30% from a year earlier as the
grocery and drugstore giant grappled with flat sales, stiff
competition and disruptions from the Gulf Coast and Florida hurricanes.
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General Motors Corp., reeling from slumping sales, crushing costs and
massive losses, said Monday that it planned to close all or part of a
dozen facilities in the
U.S. and Canada and eliminate 30,000
manufacturing jobs over the next three years.
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In the pumped-up market for energy drinks, a small Corona company has
created a monster.
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The Southern California grocery industry, upended two years ago by a
bitter labor dispute, is poised for another round of shopper-rattling turmoil.
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