Now Paper giant Georgia-Pacific is closing its pulp mill in Bellingham, affecting 420 employees, some of whom have been temporarily laid off. Georgia-Pacific has been hurt lately by high electric power costs, and its tissue paper facilities will operate with temporary generators until it can find cheaper, alternative power. Meanwhile, Micron , said it lost a penny per share in the second quarter. Micron's loss isn't as bad as analysts expected. Gillette is also spending big to market a new razor for women called the Venus, sure to tap the inner love goddess in every woman.
Investors seem to be waiting for some results.
Rainbow is partner to FOX Sports Net and handles Cablevision's national programming, which includes offerings like American Movie Classics and The Independent Film Channel. Cablevision owns the Madison Square Garden, Clearview movie theaters, the Wiz electronics chain, Radio City Music Hall and has Internet, broadband, cable, and phone offerings. It's called an Xbox, and is meant to rival the Sony PlayStation2, which is wildly popular with the Japanese. The Xbox should be available in the U.S. this fall. It comes with a DVD player and ability to access the Internet.