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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Business news

Compiled from staff and wire reports The Spokesman-Review

Spangenberg named dean at WSU

Eric Spangenberg has been named dean of the College of Business and Economics at Washington State University.

Spangenberg has been the college’s associate dean for faculty affairs and research since 2002. He was named senior associate dean of the college in April when Len Jessup, former dean of the business school, was named acting president of the WSU Foundation. Jessup recently was appointed to that position permanently, as well as to the position of vice president for university development.

A graduate of the WSU business school, Spangenberg earned a master’s degree in business administration from Portland State University and a doctorate from the University of Washington. He returned to WSU in 1990 as an assistant professor of marketing.

Spangenberg was “instrumental in guiding the college through the recent accreditation review,” as well as in re-engineering the college’s programs, said Robert Bates WSU provost, in a press release.

Alaska Airlines cuts flights for summer

Seattle

Alaska Airlines will cut eight round-trip daily flights this summer, suspend another to Miami and delay the start of new service to Dallas-Fort Worth, the company said Friday.

The airline’s chief executive, Bill Ayer, said the schedule changes were “a temporary measure to get our operation back on track.” Increased summer flying and record loads have contributed to more delays and cancellations, he said.

Alaska plans to eliminate the eight round-trip flights from its summer schedule, which ends Sept. 10. The flights are between Anchorage and Los Angeles, Anchorage and Phoenix, Seattle and Anchorage, Las Vegas and Seattle, and Orlando and Seattle.

The Seattle-based airline also is suspending its one daily round-trip flight to Miami until the end of October, and postponing new service to Dallas-Fort Worth until Sept. 12.

Tyco jury adjourns for weekend

New York

Jurors in the trial of two former top executives of Tyco International Ltd. adjourned for the weekend on Friday without issuing final verdicts.

They were scheduled to resume deliberations on Tuesday, taking the day off Monday because one of the jurors has a medical appointment that day.

On Thursday, jurors indicated they had reached verdicts on an unspecified number of charges in a 31-count indictment but were seeking direction from the court on how to proceed on the unresolved charges.

They are trying to decide whether L. Dennis Kozlowski, 58, Tyco’s former chief executive, and Mark H. Swartz, 44, the conglomerate’s former finance chief, enriched themselves by nearly $600 million by taking unauthorized pay and bonuses, abusing loan programs and selling their company stock at inflated prices after lying about Tyco’s finances.