No stock pages
Financial markets were closed Monday because of the Martin Luther King holiday. That means there will be no stock results today. Trading results will return in Wednesday’s paper.
Ex-McDonalds CEO dies at age 44
Charlie Bell, who died eight weeks after stepping down as McDonald’s Corp. CEO, was remembered Monday for playing a key role in the fast-food chain’s resurgence and helping to give it an edgier brand image. Bell’s seven-month stint as chief executive last year was cut short by his battle against colorectal cancer, which ended early Monday with his death at age 44 in his native Sydney, Australia.
End of Boeing 717 costs Goodrich
Goodrich Corp. said Monday that it will take about a $7 million after-tax loss because of the Boeing Co.’s decision to stop production of its 717 airliner. The loss, which works out to about 6 cents a share, will be accounted for in Goodrich’s fourth-quarter financial report, the company said. Goodrich supplies a number of components and systems for the 717, including fuel systems, sensors and nacelles – the coverings the house the engines. Boeing said Friday that it plans to end production of the 717 in 2006.
Comair president resigns after fiasco
The president of Delta subsidiary Comair Inc. resigned Monday, weeks after the failure of an overloaded computer system stranded hundreds of customers over the Christmas holiday. At least one analyst blamed the departure on the Christmas fiasco that resulted in the cancellation of approximately 1,100 flights. An internal Delta memo said Randy Rademacher had stepped down to pursue other unspecified opportunities.
Wednesday launch for Centrino upgrade
Intel Corp. will launch a major upgrade of its popular Centrino technology for notebook computers Wednesday, as the world’s largest chipmaker seeks to expand the product’s audience from business users to consumers. The new chips, code-named Sonoma, are expected to enable more consumer-friendly systems that better support video, audio and games.
Free photo software offered by Google
Search engine leader Google Inc. said it would release free software today for organizing the hundreds of digital photos often stored on a computer’s hard drive. Using technology which Google bought last year, the new software will try to make keeping and editing a photo collection simple. Picasa 2 is available only for Windows computer and requires Microsoft’s Internet Explorer browser, version 5.01 or higher, or Mozilla Firefox.
From Herald staff and wire services
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