Reported by Star-Bulletin staff & wire
Maryknoll teacher wins $10,000 prize
A Maryknoll School teacher has been named the West's regional winner of the 2005 National Teaching Awards, and will win a $10,000 cash prize.Lance Alexander Suzuki also will receive an all-expenses-paid trip to New York to attend a gala in April. High school and middle school teachers receive the awards for innovation in bringing economics education into the classroom. The competition is held by the Nasdaq Stock Market Educational Foundation Inc. and the National Council on Economic Education.
Suzuki was chosen for his project, "What does $2 trillion buy?"
A grand national winner will be chosen in April from the five regional winners, and will win another $15,000.
Pasha will distribute Lotus Elise
The transportation logistics firm Pasha Group has been selected to handle nationwide port operations and distribution for the Lotus Elise sports car.Pasha will make the British-made cars showroom-ready after their arrival into the United States and will deliver the cars to dealers around the country.
Pasha Hawaii Transport Lines, a Pasha joint venture, also recently won a multiyear contract to ship Chrysler Group vehicles to Hawaii, which it will bring aboard a recently completed 579-foot vehicle-carrying ship.
American delays plane delivery
DALLAS » American Airlines, struggling to make money despite high fuel prices and fierce competition, is delaying the delivery of 54 jetliners from the Boeing Co. in a move that underscores the split between aging carriers and low-cost rivals such as Southwest and JetBlue.American, the nation's biggest airline, had agreed to take the planes between 2006 and 2010, but it said yesterday it would defer delivery to delay $2.7 billion in spending through 2010 -- more than half of it in the next three years.
Chief Financial Officer James Beer, who disclosed earlier this month that American was negotiating with Boeing over possible delays, said it would improve the airline's ability to restructure its finances. American is a unit of Fort Worth-based AMR Corp.
Boeing said it has already factored the delayed orders into its financial guidance. Boeing has said it expects to deliver 285 planes this year and 320 next year.
Pulitzer shares jump on sale talk
ST. LOUIS » Pulitzer Inc. shares spiked 17 percent yesterday, a day after the publisher of the Garden Island on Kauai, the St. Louis Post-Dispatch and more than a dozen other newspapers confirmed it was considering a possible sale.Pulitzer has retained Goldman, Sachs & Co. as financial adviser and is exploring alternatives that include a potential sale, the company said.
Apple stock rises to 4-year high
NEW YORK » Apple Computer Inc. stock jumped to a four-year high yesterday after a major Wall Street firm nearly doubled its price target on the stock, saying that customer satisfaction with its iPod music player is creating "wildfire word-of-mouth marketing" for its Mac computers and other products.Shares of Apple closed the day at $61.35, up $6.18, or 11 percent, on the Nasdaq Stock Market.
