The Knoxville News-Sentinel from Knoxville, Tennessee • 38

C8 Thuredayi May 7 1998 BUSINESS i-L I dnetion and agrees to pick up the nearly $2 billion tab to finish the stations Unit 1 reactor IlrfiBRIEFl TVA will agree to share BeDefenteb power partaripating in the net cadi flow from BeDefinte DOE has the DOE workers make progress with cleanup i office from Congress will be iftnBMI nnwJcratrr nning 1 new trithim has been made since Airfinn reactcre at the Savannah River rate were shut down in 1968 Since tritium decays at the rate of 54 percent a yeac USL officials say a new aouroe as needed to keep existing nudear weapons functional TVA initially made two proposals to DOE -otfaer help complete and use BeDefinte or mifawt ftr trifol Wl1flln Watta Bur TVA has now withdrawn the Watts Bar -nflpr saying it was made only because TVA bdieved DOE would receive similar proposals from other utilities None did --ChoweD also said -the BeDefinte proposal was abetter deal fir tfae United States the TVA and its ratepayers' BeDefinte is expected to create Nuclear! source fir tritium fir nuclear weapons TVA has relegated its operating nuclear plants in Tennessee Watts bar near Spring City wherea tritium predndion test is under wane and Sequoyah near Chattanooga to backup roles the bidding war fir tritium production The Department of Energy has been studying options fir months fir a new aouroe of tntium a hydrogen isotope used in every twAw women to enhance their explosive capability A derision is expected in Deoanber Documents released Wednesday revealed its payments and i Graven CroweD wrote in a 1 Sea Jeff Sessions R-AUl government could receive up to $24 WHm over and above the initial $2 billion payment during the operating life of the plant- Crowell wrote The proposal could make the alternative DOE is obneddering pale by comparison -buildup a $43 billion linear accelerator at the Savannah River Site in South Carolina Ctawell wrote that BeDefinte winch TCk has sunk $46 billion into but aflbtd to finish would not cost the government any extra money to operate TVA will pay to run BeDefinte so it can generate electricity By contrast annual appro- being cleaned ujx Waken at Oak Ridge National Laboratory stabilized esmloeive carixm fluoride in a charcoal fitter at the Molten Salt Reacto DOEis Mike Jugan said still have much to do but this wae an important Jugan said Molten Salt was an experimental reactor that operated from 1965 to 1969 at QRNL After its shutdown tbe reachxfe fuel and other materials were kft in storagB at the farihtiea One (the concerns faring deanup woken has been a deposit of fiaeOe uranium in an area outside die storage tanka Tb enhanra thB safety of the removal of the uranium deposit the problem of the unstable compounds had to be salved DOE said in a prepared statement of remaining to ran the fir the first time the deal TVA is pitching to the DOE about the unfintiied plant in Sootts-- Ala DOE selects Beflefcnte fir tritium pro- during the five construction and TOO TVl plant wwb it is ftiMmiL Mercedes-Benz Newspaper group honors founder William 1 Dillard who buQt his small Arkansas etore into one of the nationh laigeet retail chains baa received the first-ever lifetime achievement award from the i Newspaper Association of America Tfcrowdiout his career Wfiiam Dfilard has displayed remarkable judgment in expanding his business" said Jo mmwrfaitJa judgment in expanding lu merger Deal would be largest US industrial pact could change face of auto industry? Sturm NAA president and CEOL consistent use of newspapen as an integral part of bis advertising strategy points to his intuitive understanding of our todnabyb afaflily to meet retailenf advertising needs in local communities across the country The award was presented recentiy at the NAAb convention DiQanfs stores are located at Vfast TbwnMaU and the KnoacviDe Cento formerly East Tbwne MalL By John Hughes APburtaass writer prices analysts doubt that deal: ersUpa will be ccnihmad to the point that Mercedes care are Bold sideby-side with Qnysler mini- vena I- Chiysler's stock rose more DETROIT Chrysler Corn a "the Buy champion of the than 17 peroent Wednesday efc the automaker a maiket flag-waving American movement that once staved off bankruptqy with a government bailout is dianwring a merger with Germany biggest industrial company the maker of the Mercedes-Benz -The talks Chrysler a $35 1 of $3L5 billion In a statement Wednesday after the Wall Street Journal reported the talks the two companies cautioned that a deal is fir Alan eatery opens Alan Joksank PSgBon Fbrge restaurant opened Wadneeday one of the owners said The 14000-aquare-fbot Alan Jackaonk ShowGar Cafe is open fir breakfast tank and (tamer Hours are 7 am to midnight says Cafe partner Jan Daria The eatery wfakfa sits on the Pterkway next to the Heartiander Hotel can accommodate 300 in the dining area and a few more in Ha mb nrvt morhnndian mwin The busmen will showcase Southern-style cooking and have viiiiqgB can cn dudnE 1929rfani pickup is among the vehicles at the restaurant Jadaon will he present at the restaurants official grand -on Thursday May 28 ie currently on tour in Canada md would be the biggBst 1 6V6E Combining the German luxury car maker with the pioneer of nwkDfrdaaB mtorvana would not -makers of two classes of autos but broaden the reach off Chrysler would get greater access to the European market something it has sought while Mercedes parent Daimler-Benz would gain bigger foothold in the American market where it has been working to increase from certain The news bfindaded industry watchers While they knew Chrysler and BMW spoke of a deal last yem few realized Chrysler and Daimler-Benz were toTlrirvg The move would be a stark change from Chrysler offirialtf poet advocacy of American' vrixkh was esperialy prevalent after the company went to the brink of bankruptcy in 1979 Daimkrk stock rose $6J50 to $106A6 on the New York Stock Exchange Wednesday while Chrysler sural $731 to $4875 The third biggest US automaker Chrysler nas engkyeea and a 16 povoit of new vehicle sales this yeaz chabman of tho Gorman automakor Jueraen Sctraresp DabraerHenz AG i to a queatton at a preaa oonfen In the background lathe new MercedeoML320 which Is could re Corp are made bi Vance Ala In a devekmment thaft coukJ reshape auto Industry Dabnler-Benz and Chrysf Chrysler i the Two radio stations announce dianges Journal Broadcaet Groups Knoxville Operations announced a in fcrmat since acquiring two properties WQBB-AM and -FM to go along with its eadsting stations Star 931 and -102 Jeff Jacoby vice president and general manager said the new 1045 wm play new country in what is billed as the longest music marathon in Knoxville radio history 10400 songs in a row -on the JM station Adult standards format -music of the 1940s and -is bring played on 1040 AM the biggest Industrial While the combination both companies an i cut costs a priority an nt been i try that haant been able to dtectmelnfl a merger that would bo be raise Stock market dedines as Asian tunnoil escalates Names in the news earjr 32-point gate had put the ithin record dose of blue-chip measure within 13 47 peroent amid a third day of rioting over government pries increases Elsewhere in the region stocks fiD $3 percent in Tokyo and 3J) peroent South Korea The Standard Rxris 500 fell ByTtMAssoctitsd Press NEW YORK Stocks fell Wednesday as troubling developments in Asia the iwtiiil excitement over a potential merger between Chrysler and Daimler-Benz The Dow Jbnee industrial average fill to 905466 An Dedining issues outnumbered advancers by an 8-to-5 the New York Stock where volume totaled 606J4 linn ahmiBa amJBrBting from tilB modest pace of recent poasena The NYSE composite index feQ 518 to 57457 and the American Stock EzchangB conuwaite index Suean Arnold Beotian president of Kapllne Enterprises has created a non-profit organization Institute fir Tbcfanology Social and Balky Awareness Inc Its mission is to ensure that technology is developed and used to solve problems and generate Bocial ana economic returns from investments in research and development Kapline Enterprises specialises in technical businees communicahnrw and analysis Dr John Nemeth baa been named tire president fir partnership development at OakRidgB Associated UmversitieB He will be in charge of Bread-market indicators surrendered eariy gains amid some iTrwttling reminders that the Asian finmcial crisis is fir from resolved In Indonesia stocks tumMed 185668 and industry to advance science education and previously was aaeodate director of the Environment and Materials Laboratory at the The Knoxville News-Sentinel Georgia Institute POotCorpi has named Gary Strange manager of its Region 3 convenience stores which indude seven Knoxville stores and four other East Ttaonessee as a of cashier He most recentiy sens store on the corner of Nbrthdiore Drive and 6th Annual "on water" Boat Show At Travis Marine WEEK NINE RANKINGS JUNIOR DIVISION tTDmo1fnFkmdlJnoHefB6aflvtktMenlhePhMf 20-23' 20-2l' i4'-ir Cndsen Yachts 2S'-35' Cobalt Chris Craft W-W SeaDoo Jet loots Soa Doo Pursonal Wofercrofl R33 ImmJ Day OnlyTSat? May 9 from 1 0:004:00 ree Packages with Each Sale MLFinancing Available Or-Site Great Sale Prices On All Products TEAM CAPTAIN Fu Tomliiiaon 2 Lauren Ambrosia 3 Matt Reece 4 ZackBeamer 5Jamea Salyer 4 Robert Satterfield 7 Cody Armstrong 8 9 SCHOOL LFarregnt Middle 2 Sacred Heart 3 Clinton Middle 4 Sacred Heart 5 Olnton Middle 4FlrstLatiieran 7 Rush Strong 8 West HiUaEleai 9 Pigeoa Forge Middle 10 Meigs North 11 Fsrregiit Middle 12 Sequoyah Elan 13 Sacred Heart' PORTFOLIO $135452 2 $132)31 3 $131710 4 $125310 5 $122451 6 $121443 7 $120476 8 $118492 9 $117482 10 $117176 1L $117410 12 $11(433 13 $115162 TEACHER Cathy Agresta 2 Kay Nowinskl 3 Kim Martin 4 Nancy Macrae 5 Kim Martin 6 HoiateFeaaendoif 7 Jane Davis 8 wynn Pearman 9 Jeannie Newell 10 Potty Harris 11 Cathy Agresta 12 Martha Barker 13 Kay Nowinskl TwansmmL Knoxville's Only 'On Water' Sales Service WWWtfOVllfHCOHI 10 1L Ragland Seariea 12 Ryan Wright 13 Paige Gillespie Nationally recognized as of 22 fop Resellers In North America by Digital SENIOR DIVISION' CmOlfaHHlCL InfonnalkM) Technology DMsJon IJSevier County Hii 2 Sevier County High -A Maryville High 4 CUnton High Morristowa East 4 Carter High 7 Morristown East 8 Sevier Ca High 9 Oneida High 10L Sevier Co High 1L Sevier Ca High 12 Carter High 13 Morristown East FREE SEMINAR $152462 2 $145440 A $139405 4 $132J33 5 $123429 4 $121421 7 $116471 A $114405 9 $112408 1A $112496 1L $111486 12 $111432 1A $110757 LNXnttrdlCJhde A NelklnTredup A Rod Nelson 4 VikklBurns ADdible Jones 4 Jerrie GiSIn 7 Debbie Jones ANLuttrellCRule 9 Annette Hart 14NLuttrelFCRule lLNLnttrdlCRule 12 Jerrie Giffln 1A Debbie Jones Jon Strader 2 JoshNelkin A JoahNelkln 4 Amy Wilson A Dustin Cupp 4 Regina Lee 7 Jason Morgan A Tina McCarter 9 Jessica Croaa 14 Blake Gibbs 1L Matthew Phffllps 12 Brock Webster 1A Leslie Brittain to '22SI3 Thursday May 14 horn 10 am to 3 pm -NT Update htdudlng clustering Microsoft A Digital on MaBMessaglng Lundi wN be prodded 4 tVZZ 1 For sit tafonnadoii A itgbMIon plooio contact Lorry McCreary at 423493-4791 fax 423-670-3574 or The Awards program and brunch will be Saturday 10:30 amL May 16 at Club LeConte Fall and Spring fkit second and third place teams their teachers and principals are guests of Bradford and The News-SentineL This includes first second and third place teams for Week Nine and Ten of the Spring game Call 521-1761 for reservations Orate he 03 Crtr BUI Poai KnudM IN 37922 I t-' ij.