Friday, August 25, 2000
Tristate Business Summary
Lowe to assume CEO duties Oct. 1
Kenneth W. Lowe, president and chief operating officer at the E.W. Scripps Co., will take on chief executive duties Oct. 1, the company said Thursday.
Mr. Lowe, 50, formerly chairman and chief executive of Scripps Networks, succeeds William R. Burleigh, who will continue as chairman of the board after Sept. 30. Mr. Burleigh had said in January that Mr. Lowe's appointment was likely. At the company's annual meeting then, Mr. Lowe was elected president and chief operating officer.
For the past five years, Mr. Lowe directed development of the company's category television division: the Food Network, Home and Garden and Do It Yourself cable offerings.
Sprint looks to add service here
Cincinnati is one of 45 U.S. markets where Sprint is seeking a federal license to offer wireless broadband service. Sprint, which is already providing broadband service in Phoenix and Tucson, Ariz., said it plans to roll out the service nationally this year and into 2001.
GE engine repair to cut 70 workers
About 70 hourly workers at GE Engine Services' component repair shops in Fairfield and West Chester will be laid off next week because of a slowdown in business, some employees and a GE source said Thursday.
The cuts, attributed to a “significant decrease” in repair shop work, represent less than 10 percent of workers at GE's Aircraft Component Service Centers. The job cuts will also include the repair development center in Bond Hill. The plants repair parts for GE's airline and service-shop customers. The shop workers are non-union.
GE Aircraft Engines' spokeswoman Pat Klaus said she couldn't comment.
— From staff reports
Analysts see embarrassment of Riches
Economy shows cooler signs
Businesses awaiting windfall from stadium
Mycom going public
Diplomat stresses local ties
Industry notes: Manufacturing
Jergens buys Ban deodorant
Nintenedo sticks to niche
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