Will Congress derail funding for Amtrak?

Article Abstract:

Amtrak, a passenger railroad firm, is lobbying to keep a deal between US President Clinton and the Congress that ensures a federal operating subsidy of $621 million until 2001. The Senate, however, reduced the subsidy to $550 million. Amtrak acting president George Warrington said the reduction could result to cuts in 1999 and cancellation of planned improvements designed to decrease future subsidies such as enhancements to the firm's reservation and accounting technology. Amtrak's ability to boosts its private investments could be removed as a result.

Comment:

Lobbies to keep a deal between US Pres Clinton & Congress that ensures a federal operating subsidy of $621 mil until 2001

Receipt of funds, Public affairs, Rail Mass Transit, Urban Transit Systems, National Railroad Passenger Corp., Article

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Taking demographics on the road

Article Abstract:

Panera Bread, the company that has chain of bakery stores across Philadelphia uses demographic as well as traffic data's to select the location of their retail outlets as the brothers who manage the company feel that their outlet must not feel fixed for space. The brothers plan their moves using military style strategies before coming to a conclusion about the location and their operations are secretive.

Bakery Products, Location, Baked products industry, Baked goods industry, Panera Bread Co., PNRA

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Huizenga throws away keys to used-car business

Article Abstract:

The owner of AutoNation USA, Florida billionaire H. Wayne Huizenga, has announced that the company will close its national used-car chain, including one in the Philadelphia area. Huizenga, who made a fortune with the Blockbuster video store chain, could not transfer his expertise to seeling used cars.

Motor Vehicle Dealers, Motor Vehicle and Parts Dealers, Pennsylvania, Automotive dealers, Republic Industries Inc. (Fort Lauderdale, Florida)

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