| Show ft TA2 4 n DOW JONES at 11 am 1093623 -- 17096 t - 1 0A Standard-Examin- Friday May 1 4 er 1 Business Editor: 999 ECONOMY Press WASHINGTON - Consumer prices jumped in April by an unexpectedly sharp 07 percent the largest monthly gain in nearly nine years the Labor Department said today A record 61 percent spike in energy prices including a 15 percent leap in the price of gasoline led the upward swing However prices for many other products of Primark growth” said Pierre-Elli- s sion Economics in New York and services from food and clothing to housing and medical care also rose Core prices which exclude the volatile energy and food categories and are the most closely watched rose 04 percent the most since January of 1995 “This might be seen as purely a fluke but in the context of a very strong economy led by spending this could be seen as the beginning of broad-base- d inflation Deci- Wall Street investors sensitive that signs of inflation could prompt the Federal Reserve to raise interest rates reacted quickly pulling the Dow Jones average of industrial stocks down 150 points at the start of trading today However stocks were recovering some ground by mid-morni- Most analysts said they still don’t expect an interest rate hike when Fed officials meet next Tuesday “But it is a much closer call” said Bruce Steinberg chief economist for Merrill Lynch & Co Cerda nt declares quarterly dividend Spending by American consumers who are enjoying the lowest unemployment rate in nearly three decades and big stock market gains has helped keep the US economy growing Author Art Berg to speak in Ogden Business UTAH recalls certain ham watches during a demo of an Texas-base- d Bank United Thursday Thursday The Sait Lake is recalling its product became the City-base- d company called first financial institution in the nation to offer its customers ATMs with in Pro- sell-b- ence Center Berg Berg will dis cuss “The Impossible Just Takes a Little Longer” A Highland resident and president of lnvictus Communications Inc Berg travels more than 200000 miles each year speaking to hundreds of professional and chic organizations such as IBM AT&T and Novell A survivor of a serious automobile accident at age 21 he has earned three national sales awards as a computer salesman for a national firm In 1992 he was named Young Entrepreneur of the Year by the US Small Business Development Administration In 1994 Success magazine named Berg one of the Great Comebacks of the Year wheelchair As a world-clas- s athlete in 1993 he covered 325 miles between Salt Lake City and St George He also has written two reg books: “Some gional Miracles Take Time" and “Finding Peace in Troubled Waters” The luncheon costs $12 for chamber members and SI 5 for nonmembers Reservations may 0 be made by calling best-sellin- 621-830- Suburbs drawing not only businesses but shoppers as well has occurred over the past 25 years” Researchers found suburban malls “power centers” such as the Midvalley Family Center and large retailers such as Costco have kept customers from shopping downtown The Associated Press SALT LAKE CITY - Retail activity has shifted from downtown to the suburbs because no one has undertaken new projects in the area in nearly 20 years according to a new study But revitalization projects already in the works may help downtown said the study by the Bureau of Economic and Business Research at the University of Utah’s School of Business The good news for the area: It has seen an influx of office buildings civic structures and hotels the report said But to thrive downtown needs more than that “It has been a generation since any sizable investments in downtown retail were undertaken” said senior research analyst James A Wood in his report “Downtown needs an infusion of retail energy to support and augment the extraordinary real estate development and investment that In 1980 businesses in the city took in 43 of the county’s retail sales By 1997 that had dropped to 28 percent That means not only are suburbanites not coming downtown to shop the report said but those who live in the city are actually traveling elsewhere to purchase their retail goods Wood said that’s largely because malls and large shopping centers have been built outside the city and not in the downtown area attracting residents from Salt Lake and Davis counties In the last three years customers have also stayed away from the city because of the rebuilding of Interstate 15 and construction of a light rail system on Main Street I j Saturday Clinton: Centennial Bank branch grand opening 1 am to 3 pm 1727 W 8(X) North Ribbon cutting at noon Includes prize giveaways refreshments entertainment Information: 773-949- 4 Tuesday Kaysvillc: North Davis Chamber of Commerce Women in Business luncheon 1:30 am Davis Applied Technology Center Includes announcement of this year's Athena Award w inner Nominees this year are Irene Lebcdies Sheri Lasley Kimm Barney Ntcholle Roberson and Brenda Jorgenson Cost: $10 RSVP deadline: Monday 1 Saturday Ogden: Business start-u- p seminar 10 am Weber State University’s Wattis Business Building Room 218 InformationRSVP: 546M293 Sponsored by WSU's Small Business Tuesday and Wednesday Ogden: Development Center Cost: I ree 1 Information: Workshop about opening and operating a small business 7 to 10 pm each day Ogden Saturday Brigham City: “Start Smart” Marriott Hotel Attendance is necessary business start-u- p seminar 10 am to noon both nights to receive full training Box Llder Economic Development Corp Conference Room 102 W I orest St Sponsored by the Service Corps of Retired Lxccutives and the US Small Business Sponsored by the Box Llder County I conomic DevelopmentTounsm Office and Administration Cost: $25 Information: 2 the Bngham City Chamber of Commerce Tuesday Salt Lake City: Seminar titled Topics include the entrepreneurial career “Effective Medical Collections” 9 am to business planning legal and regulatory 4:30 pm Salt Lake Airport Hilton requirements financing and sources and Presented by Heritage Professional business assistance Presented by Bruce Education Cost $185 Information: Davis director of Small Business Development Center at Weber State Tuesday Salt Lake City: Seminar titled University Cost: Free RS P deadline: 4 “Savvy Media Relations for Small Today InformationRSYP: Business” 3 to 4 pm Salt Lake Area Saturday Ogden: Seminar titled of Commerce Cost: $10 for Chamber Service Customer Quality” “Managing members $20 for nonmembers noon to 2 p m Weber State University 3 Reservations: Lmma Camp at Davis Center Room 1 35 Coleman Seminar Series Cost: $10 Registration: 626-70Wednesday lay ton: North Davis Chamber of Commerce's Breakfast Club Monday Salt Lake City: Luncheon to 730 am Golden Corral Restaurant Kisk oiT celebration of Utah Business V eck Information: 546-12I I am to 2 p m Galiivan Center Presented by the Utah Small Business Wednesday Ogden: Chamber OedcnW cber's Survnse Social 745 am Development Centers and its Utah Business Transition Management 3544 Lincoln Ave Resource Network partners Cost: I ree 626-705- 625-571- 734-263- 328-505- LDS firms join to make Internet move Suite A Cost: $5 for chamber members 0 Information: Wednesday Ogden: Northern Utah Apartment Association seminar titled “Neighborhood Issues Zoning and Community Action” noon Wardley Better Homes and Gardens 2909 Washington Blvd Speaker will be Wayne Glover head of inspections for Ogden City Cost: $10 for members $15 for nonmembers Reservations: Wednesday Salt Lake City : Seminar titled “Utah Collection Law and Strategies” 9 am to 4:30 pm Salt Lake Airport Hilton Presented by Heritage Professional education Cost: $185 621-830- 621-42- Informationregistration: 1 00-397-0 1 80 Wednesday Lehi: Annual World Trade Banquet 6:30 pm social hour 7 pm dinner Thanksgiving Point Presented by the World Trade Association of Utah Cost: $40 per person $75 per couple RSVP deadline: Today InformationRSYP Mark 7 Carter at Thursday Salt Lake City: Seminar titled “Utah Collection Law and Strategies for Lenders and Creditors” 9 a m to 430 pm Salt Lake Airport Hilton Presented by Heritage Professional Education Cost: $185 Informationregistration: 994-512- Thursday Salt Lake City : Seminar titled “The Disney Keys to Business” 8 am to 345 p m Salt Palace Convention Center Presented by Salt Lake Community College Delivered by members of the Disney See PLANNER 1 1A fc Bo fc fc fc fc fc fc fc fc fc fc fc fci fc National The Associated Press SALT LAKE CITY - Mormon Church-owne- d businesses and institutions will join together and form a new company to enter the Internet Deseret Management Corp the holding company for The Church of Jesus Christ of Latter-day Saints’ commercial entities formally announced the start of its new World Media Inc subsidiary Thursday The new company will oversee the electronic activities that were part of Bookcraft Inc operations acquired by Deseret Management last month That purchase brought Bookcraft and the other major publisher of materials Deseret Book under one roof LDS-them- Bank’s grand opening among week’s events 1 Wednesday No one has reported becoming ill from the product Symptoms of salmonellosis include diarrhea abdominal cramps and fever within eight to 72 hours of consuming the food Those infected with the bacteria may also experience vomiting that lasts up to seven days Associated Press iiTTnr'ati 1 The ham was produced April 15 and distributed in Utah Nevada Wyoming and Colorado The USDA’s Food Safety and Inspection Service took samples of the food on May 6 as part of its routine monitoring program for salmonella The ham was reported positive on PAT SULLIVAN SLC’s downtown losing its pull packages with a date of June 14 and a y code of 856 technology Instead of a password a camera in the bank machine “reads” the iris before granting access to accounts Committee The event is set for 11:30 am May 25 at the Ogden Ecclcs Confer- Cooked Fully Ham with Natural Juices in fessional D- evelopment - SALT LAKE CITY Meats Inc is recalling 300 pounds of ham that may be contaminated with salmonella the U S Department of Agriculture announced Iris Recognition ATM machine in Houston On Og- - Meats Hi-Gra- de Michael denW'eber’s Women City-base- Richard Schwartz (right) has his eye scanned as his twin OGDEN - Entrepreneur author wheelchair athlete and public speaker Art Berg who once made a wheelchair trek from Salt 1 ake City to St George will be the featured speaker at this month's luncheon meeting of the Chamber May 31 Cordant is based in Salt Lake City One of its divisions is d Thiokol Brigham Propulsion HERE’S YOU: - The SALT LAKE CITY board of directors of Cordant Technologies Inc on Thursday declared a regularly quarterly cash dividend of 10 cents per common share The dividend is payable June 1 1 to stockholders of record at the close of business LOOKING AT start Standard-Examine- r TOP OF UTAH Keeping an eye on your money CHAMBER NEWS 5 BRIEF CASES Consumer price gain may signal inflation The Associated 625-424- World Media will also coordinate many of the Internet-relate- d activities of DMC companies like Deseret Book Deseret News Beneficial Life Insurance Co and Bonneville International Corp along with Brigham Young University and other church-relate- d entities said Rodney H Brady the corporation’s president and chief executive Robert H Olympic Committee chairman had been previously selected as chairman of the new company On Thursday the appointment of G Franklin Lewis as World Media's chief executive officer was announced Boeing to cut up to 7000 jobs ST LOUIS - A decline in orders for the 5 fighter plane has prompted Boeing to eliminate 6500 to 7000 jobs by Lewis said he will leave his posts at BYU where he also v res as the school’s liaison with SLOC to concentrate on the new company He said the challenge with all Internet-relate- d companies is to make money but he hopes World Media will be able to “do well while doing good” in e at its St Louis plant mid-20Q- 1 The company announced the moves Thursday saying it will consolidate factories that make three planes including the I 5 The company said it expects the cuts to come from management and union se members ft Between 800 and 900 workers already have been given notice The next round of layoff notices could go out as early as Monday Between 300 and 400 workers would be let go every month until the reduction is X' ifri complete n Markets Northwest ': Grain ’ POO prrt SO'W’fl 3 tuC N OGDEN 3 & -- C 5l 00 J6 tup a0 1j 2 wrer 2 X--& fc 2i t GarfT the Salt Lake Lewis is the assistant to the president for strategy and technology at BYU He is also is chairman and chief executive officer of Utah Business magazine and the former chairman and CI O of Times Mirror Higher Education Group P fee 7® sta3v) (Up iuc 6 uc i ’4 1i 3 C5 bany 4 4 51 bay 4j J22 fuc ? tMTPy st'zm 5 sog 4 CAtta-w'i-a- 3 0C teadvi 2 vnter 6 ’i I 9e itt00y? 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