Short Reports

Fri., Dec. 8, 2000

From Staff

Albertson’s Inc. said Thursday it has expanded its $500 million share buyback program by an additional $1 billion and announced that its chairman and chief executive officer, Gary G. Michael, will retire in June 2001.

A federal judge has lifted a back-to-work order imposed against United Airlines mechanics, who the airline accuses of staging a work slowdown during the holiday season as a way to pressure the company during contract negotiations.

Consumer electronics retailing giant Best Buy Co. has signed an agreement to acquire Musicland Stores Corp. for about $425 million. Musicland’s president is Jack Eugster, younger brother of Spokane City Councilman Steve Eugster.

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Short Reports

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

UAE and Saudi Arabia report drone incidents as Iran war deadlock drags on

Feds say they thwarted alleged terror plot targeting LA Jewish institution

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