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Detroit Free Press from Detroit, Michigan • Page 36

Location:
Detroit, Michigan
Issue Date:
Page:
36
Extracted Article Text (OCR)

BUSINESS SATURDAY. MAY 22, 1999 12B DETROIT FREE PRESS KMART 1 2 bomb threats rattle Ttoy headquarters IGAN MEMO MICH in Detroit. All workers will be paid for the full day, Kahle said. She would not estimate the cost of lost productivity Friday. By late Friday afternoon, some workers had returned to the building after receiving a final clearance by bomb specialists.

From Page 8B en seriously. "Imus is a satirist, and anyone who listens to his pro-am knows his sense of humor," Romberg said. "It's quite clear that he was making a joke." Romberg also noted that Imus' remarks were made well after the first bomb threat, ruling out any link between the caller and Imus. Kahle said the company has faced bomb threats but never sent workers home. This time was dif on condition of anonymity.

Kahle denied that any threats were made directly to the company- But she acknowledged that national tensions over gun violence weighed on company officials. "Certainly, the anxiety that people have currently caused us to take these threats more seriously than we normally would have," she said. The threats come during a hectic time for the retailer, which held its annual meeting Tuesday ferent, she said, citing, for instance, that the caller gave times for the bombs to explode. The first call came just after 7 a.m., with a vow of an explosion sometime after 9 a.m. The second, around noon, promised an explosion between 2 and 4 p.m.

One well-placed Kmart employee said a third phone threat was made to the company, around the same time the second threat was received by police. "That's the one that really got things going," said the worker, who spoke DAVID ZEMAN can be reached at 1-248-586-2604. Staff writer Keenan Suares contributed to this report. DELPHI I Parts company to join 500 Index HUMOR I Bosses work to keep their offices fun said it lost $700,000, or 1 cent per share. The owner of more than 1,000 Borders and Waldenbooks stores also said its Web site, Borders.com, has agreed to build co-branded cyberspace bookstores with Internet guide About.com Inc.

About.com, formerly known as MiningCo.com, is a Web portal with a twist. Unlike companies such as Excite Inc. and Lycos which built their Web sites around search engines that scan Web pages for key words, About.com has assembled a staff of 600 Web surfers who act as guides and recommend places to visit on the Internet. While the company isn't as well-known as the larger Web portals, analysts say it is a significant player in terms of 1 traffic. Under the agreement, they will build individual co-branded bookstores across About.com's network of more than 650 topic-specific sites.

BBK the Southfield turnaround company in charge of overseeing failed MCA Financial has obtained $520,000 to keep RIMCO Corp. in business for another month. Tim Skillman.aBBK principal and acting chief operating officer for MCA, said Chase Bank had agreed to loan MCA $300,000 and the remaining $220,000 would come from MCA investor pools. A bankruptcy judge is scheduled to rule next on whether that money can be used, Skillman said. RIMCO is an MCA affiliate that buys, rehabilitates and manages homes in the Detroit area.

Southfield mortgage company MCA Financial and its affiliates have been in bankruptcy proceedings since BBK filed for Chapter 11 protection in February on behalf of the company. The Associated Press, Dow Jones News and Bloomberg News contributed to this report. ARTHUR ANDERSEN LLP and DeLorean Motor bankruptcy trustee settled a lawsuit that alleged the world's second-largest accounting firm had been negligent. The trustee claimed that Arthur Andersen failed to reveal that Detroit auto executive John DeLorean was diverting money from the auto company that bore his name, which the accounting firm knew or should have known. The settlement must be approved by the U.S.

Bankruptcy Court in Detroit. But it should bring to a close 15 years of legal fights between Arthur Andersen and trustees for DeLorean, founded in 1975 to build a futuristic, 12-cylinder, gull-winged sports car. Last year, a New York State Supreme Court jury said Arthur Andersen had been negligent in issuing clean financial reports for DeLorean in 1978 and 1979, and awarded $46.2 million in damages plus interest of about $66.5 million. COMERICA bank says Michigan tourism slipped 4.1 percent in the first three months of 1999, compared with the final three months of 1998. Compared with the first quarter of 1998, the Detroit-based bank's Michigan Tourism Index was down 2.8 weather conditions in January and further declines in the world economy contributed to the unfavorable comparisons with a year ago," said David Littmann, the bank's chief economist.

BORDERS CROUP INC. lost $4.1 million, or 5 cents a share, in February, March and April on sales of $619 million. In the first fiscal quarter a year ago the Ann Arbor based bookseller earned $3.8 million, or 5 cents a share, on sales of $545 million. Much of that loss was caused by severance payments to Philip Pfeffer, who was hired by the company as CEO in November and quit in April. Subtracting that one-time expense, Borders "The timing was a surprise.

It turns out to be fortuitous," said automotive analyst Ken Blaschke in the San Francisco office of the brokerage firm BT Alex. Brown. Many investors anticipated Delphi would appear on the 500, but no one was certain when that would happen. That raised concerns that if Delphi wasn't in the 500 on Friday, many large index funds such as Vanguard's and Morgan Stanley's would immediately try to sell the Delphi shares handed to them by GM because Delphi was not an 500 company. A rapid sell-off most likely would would have depressed Delphi's stock price.

Delphi now anticipates index funds will control about 50 million Delphi shares, or a little less than 10 percent of the Delphi stock that will be in public hands after the spin-off occurs. "Being listed on the Index is an important milestone that's very good for Delphi," said Keith Stipp, Delphi investor relations director. TED EVANOFF can be reached at From Page 8B hang on to the Delphi stock when (INI spins off its auto parts empire. It also sent GM's stock soaring about $3.19 a share, to close at about $83.31. Analysts said investors sense will successfully spin off Delphi, a move that will help it cut production costs and free Delphi to sell its auto parts, especially electronic components, and engineering prowess to automakers other thanGM.

The separation officially occurs when the Detroit automaker hands 453 million shares of Delphi stock to owners of GM stock on Friday morning. GM stockholders will get about seven Delphi shares for every 10 GM shares they own at the close of business Tuesday. In a pleasant surprise for Delphi shareholders, Standard Poor's will add Delphi to the Index right after markets close Thursday, replacing business-document company Moore Corp. This means the auto-parts maker will be in the index first thing Friday when it officially separates from General Motors. From Page 8B by Accountemps believed that people with a sense of humor do better at their jobs than those who have little or no sense of humor.

An employer who can defuse a difficult situation or liven up a meeting will make employees happier and inspire them to work harder, said Leslie Yerkes, co-author of "301 Ways to Have Fun at Work" (Berrett Koehler Yerkes said a survey of business school deans and executives found that humor plays a significant part in the operation of a successful business. "We are spending more time at work than ever before," said Yerkes. The book offers tips to help humorless bosses liven up and inspire their underlings. "One of the best medicines for that is to lighten up some." Jerry Kaminski is director of staff development for Wayne County. Translation: He forces the county's 7,000 employees to sit through long, boring meetings.

To liven them up, Kaminski attaches fun names to the training sessions. The team-building course, for example, is titled "Works and Plays Well with Others." "We have to have fun working here," said Kaminski, who recently sported a Looney Toons character tie to work. Kaminski once decorated the desk of a worker while she was away on a cruise. "We put sand on her desk, hung a bikini on her coat hanger," Kaminski said. "Fun stuff like that." But Kaminski and experts caution, that humor, especially in the workplace, has to be executed carefully.

"You have to know the culture," said Kaminski, who stays away from off-color humor. "You can't just implement the humor and hope it works. Some people are going to hate it anyway." Marilynn Fox, a 13-year employee at Quality Mailing, said she loves it. She has seen Erlich in action many times over the years. Once, on her last day at work before heading off for a vacation, Erlich hid Fox's keys.

Fox was given clues throughout the day to find them. "It energizes you," said Fox, a production supervisor. "That laughter kind of gives you that deep breath you need to complete your day." RUBY BAILEY can be reached atl-313-222-5391 or baileyfreepress.com W- i wise News and sports on the Web, around the clock CARPENTERS top pny, top ASSISTANT BODY SHOP! AUTO WASH PREPPER DRYER Construction Superintendent Needed ASAP, Farmington Hills Builder develooer seekina exDeri- Denetltl Call 248-672-5222 AUTOUSED CAR PORTER Must be 18 with valid drivers license. Call 248-349-1400 Help Wanted General Cement Finisher Formset-ter. Driver with CDL.

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Main St, auto wash. 248-414-6555 CASHIERS enced individual for multi-family 1 MANAGER full time, wanted tor high volume Ford shop I Please apply in person and ask! for Bill Nova at Jerome-Duncan Ford, 177 Mile, Sterling or fax resume to 810-268-2273. CNC LeaderProarammer SIMPLIFY YOUR LIFE FAX YOUR RECRUITMENT AO TO8I0-V77-2I60 BAR MAID DANCERS Full part-time for Parts Service. Dept. Experience helpful, but not required.

Call Cathy Scolt 7M-697-2SOO Program supervise CNC mills WHITE CHAPEL Garden ol Reformation, 6 lots. Will sell 2, 4, or 6 1810) 724-2364 Dancers must be 18. Mike 313-884-1788 CASHIERS Full part-time for Parts Service. Dept. Experience helpful, but not required.

Call Cathy Scott 734-697-2500 Walt Michal's RV Center Belleville, Ml as wen as singie ramiiy sires. Benefit package available after 90 days. Please send resume with salary requirements to: Detroit NewsFree Press Drawer C-5015, P.O. Box 29 Detroit, Ml 4B231 IT? Construction Service Person Needed ASAP. New Home Builder (n Farmington Hills is looking for dependable, reliable person to work in our Warranty Service Department.

Light carpentry, construction experience required, Tools and transportation a plus. Benefits and insurance after 90 days. Send resumes to: Warranty Service Attn: Lorre Phoenix Land Development 32000 Northwestern Hwy. 0145 Farmington Hills, Ml 48334 AFC Home Needs trained staff full part time, 3)3-872-3434. Auto dealer in Troy needs person Walt Micnari RV center Belleville, Ml Bookkeeper Dispatcher Claaelrlcatlone 23 thru 239 ana fatnes.

r-uity paia uiue cross, medical and dental plan. 401K, Send resume to: Detroit NewsFree Press Drawer 4922 P.O. Box 29, Detroit, Ml 48231 MECHANIC lor iNVDK, reneT oi swircnDoara, wholesale and other misc. jobs. Willing to train right individual.

Call Denise or Kathy, 248-643-7000 CEMENT CREW needed Imme ALL TYPES Casino Jobs Training nunc expei iciilv, ume bookkeeping. Mon-Fri 7-4, Sat. 8am-12 noon. Experienced only Fax resume 248-474-5199 CUSTODIAN DETAIL PERSON MECHANIC Call 313-304-5071 evenings full and part time. Send diately.

Must nave all equipment to pour oarage floors and drives. Lots ol work 313-839-4012 1-800 801-4012 AUTO Glass Installer Experi CONSTRUCTION LABORER Needed ASAP. New home con BORING MILL OPERATOR Part 135 company at YIP searching for motivated licensed mechanic wcitation Sabre experience preferred. On-call duty required. Medical insurance.

Pay is E. Fax resume: 734-485-9187 or mail to: 48162 Belleville. Ml 48111 or call 734-485-9181 Educational enceo, resume to: uchoii v.oiieue ui -Business, 4801 Oakman Dearborn, Ml 48126 Attn: Human Resources Department. struction in the Farmington Hills 5 yrs. solid job shop exp With own tools.

MUST BE DEPENDABLE. AUTO MECHANIC Certified area, experience prer. dut nor req. Please call: 248-538-1594 NOTICE All advertising published It sub-If rt to the applicable rate card, copies of which are available from our Advertising Department. All ads are subject to approval before publication.

We the right to edit, refuse, reject, or cancel any ad at any tire Errors must be reported on the first day of publication we shall not be liable for any loss or expense that results from the publication (whether published correctly or not) or omission of an advertisement. 810-268-1010 Casino Dealer Training) tor general repair. Call Tufty Auto Repair 248-320-7151 bet 9-6 EXP'D. BODY TECHNICIAN LARGE VOLUME SHOP SIGNING BONUS INCENTIVE PLANS 4 DAY WEEK OPTION 401(K PLAN BLUE CROSS POSITIVE ENVIRONMENT ROYAL OAK AREA 248-398-4798 BORING MILL OPERATOR CUSTOMER SERVICE REPRESENTATIVE Needed tor large volume R.V. Candidate needs ex- Since '97.

Lie. wMich. Dept. of CONSTRUCTION SUPERINTENDENT for additions, kitchens and baths. Home improvement field.

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Mon -Fri. 8 hours per night, paid vacations holidays Cleaner for same sight $8 per hour 4 hours per night. Cleaner for Clinton Township office building 5 hours per night evenings per hour. Support staff coordinator full time evenings $10hour evenings, health Insurance, paid vacations holidays. Support staff part time 18 per hour evenings.

New Image Building Services BlO-ttS-4420 3 yrs. exp. with ID 8. OD grinding, own tools, paid benefits. MUST BE DEPENDABLE.

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Expe nlllllillllllllllllllllllllllllllllllllllllllllllllllllllllHI PARTS MANAGER WANTED Large aggressive GM dealership in fast growing area in search of experienced Parts Manager. Pay and benefits based on experience. All inquiries confidential: P.O Box 250612, West Bloomtield, Ml 48325-0612. FLECTRIC BED portable commode, and walker. (810) 268-1860 CONSTRUCTION SUPERINTENDENT Is sought by SE Michigan based, nationally recognized, residential builder.

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