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If there was anything certain about the federal bailout of the banking sector, it's that the venture would not stop at the banking sector. Giving out hundreds of billions of dollars in government assistance to one industry is like giving out free beer to the students in one corner of a college campus - it has a way of attracting a crowd. ...more
November 1, 2008
Stock in Jabil Circuit Inc. rose 30 cents Friday to $10.99 per share in a tough stock market as the company said net income rose almost fivefold compared with 2007, when it took restructuring charges. ...more
September 27, 2008
Stock in Jabil Circuit Inc. rose about 2 percent at midday to $10.90 per share in a tough stock market as the company said net income rose almost fivefold compared with 2007, when it took restructuring charges. ...more
September 26, 2008
Editor's note: The following letter was sent to the friends of Sherry and Walt Searle of Spring Hill and is reprinted here at the authors' request. ...more
September 18, 2008
Jabil Circuit Inc. will lay off 120 workers at its local facilities, company officials said today. ...more
September 11, 2008
Demand for Ford Motor Co.'s Focus and other small cars has been superheated since gas prices headed toward $4 a gallon in May, and since then, Ford hasn't been able to build the Focus quickly enough. ...more
August 27, 2008
Italian cooking icon and local resident Marcella Hazan reflects on her life and career in a new memoir. ...more
August 27, 2008
Cox Enterprises Inc. plans to sell its Austin, Texas, newspaper and several other smaller papers, reducing the company's portfolio of advertising-supported media properties. The company said it also will sell its Valpak direct coupon mailing business, which recently built one of Florida's largest factories, a $220 million factory in St. Petersburg that produces 45 million of the company's iconic blue envelopes a month. ...more
August 13, 2008
Cedar Rapids, Iowa, is my hometown. Although I haven't lived there since 1973, it's still "home" to me in the way that the places where we grow up stay fixed forever in our hearts. It's a genuine "Leave it to Beaver" kind of town where kids ride bikes along tree-lined streets, and people still go downtown to shop. ...more
June 30, 2008
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