fb pixel

Log In

Reset Password

Daily Memo

Creamery, candy store open near Tinseltown

Moviegoers craving sweet treats will have a pair of new options starting Wednesday.

Cold Stone Creamery, an ice cream chain, and Candy Bouquet, a chocolates and candy chain, both will open their doors Wednesday in the new portion of the Medford Center, near Tinseltown Theaters.

Erich Mosier is the franchisee for Cold Stone Creamery, located next to the theater. The phone number is 773-7984.

Samy Tawfik is the franchisee for Candy Bouquet, located next to J. Michaels Jewelry. The phone number is 773-3474.REGION

London Fog finds new home that fits — misty Seattle

SEATTLE — Is this typecasting or what?

London Fog Industries, best known for its raincoats, has officially relocated to Seattle, known for its dreary skies and months of rain.

The corporate move from Eldersburg, Md., was formalized with Monday's arrival here of Paul Shriber, president of London Fog's trade division, who had been based in New York.

London Fog bought Pacific Trail Inc., a Seattle outerwear designer, in 1994 and Pacific Trail's former president, William Dragon Jr., was named CEO of London Fog in March 1999.NATION

New Harry Potter tallies record sales across U.S.

NEW YORK — Harry Potter performed some cash register magic for the nation's bookstores over the weekend, many of which tallied record-breaking sales thanks to the release of the fourth book in the children's series.

The U.S. publisher, Scholastic Inc., already plans to print about 2 million more copies of the $25.95 book in the next few months. The initial print run in the United States was 3.8 million copies.

JDS Uniphase purchases rival fiber-optic company

JDS Uniphase Corp. is buying rival fiber-optic product company SDL Inc. for about $36 billion in stock, the latest deal in the rapidly consolidating industry.

JDS Uniphase and SDL each manufacture products needed for high-capacity fiber-optic networks, which allow for increased telecommunications traffic. The deal requires approval by shareholders of both companies as well as federal regulators.

Honeywell to lay off 6,000 workers within a year

NEWARK, N.J. — Honeywell Inc. plans to eliminate 6,000 jobs worldwide within the next year to cut costs after a weaker-than-expected second quarter.

The manufacturing giant said Monday it also would merge its polymers and specialty chemicals businesses and close a semiconductor chip packaging plant in California to streamline underperforming units.world

European aerospace giant hits market turbulence

BERLIN — Shares in the world's third largest aerospace company had a bumpy ride in their first day of trading Monday, opening almost 6 percent over the offering price for individual investors but later falling below it.

European Aeronautic Defense and Space Co. was the first company to hold simultaneous initial public offerings in three European countries, with shares trading on the Frankfurt, Paris and Madrid exchanges.

— From staff and wire reports