The Daily Spectrum from Saint George, Utah • 7

I IT AT Vrirf Restaurant sales growth sputters U.S. restaurant industry sales growth has been slowing, and that trend is expected to continue in 2009: pastiedsi Looking IUI III Find "it" here C4 -t Do you have a business story Idea? Call The Spectrum at 674-6253. January 8,2003 Julio Snider. USA TODAY ft 71 I i 1 1 I I us I 1)1 IViiW 1 2-5n I ss disclosed. "I think they're two great newspapers who serve their communities well and could do a much better job in the future," Schroeder said Wednesday.

"And I want to make them again one of the foundation pillars of the community" Schroeder said a U.S.-based investor is providing the financial backing for the venture, but would not iden for 15 years, has signed a letter of intent to buy The Herald of New Britain, The Bristol Press and three weekly papers: the Wethersfield Post, the Newington Town Crier and the Rocky Hill Post. Schroeder, 50, said he hopes to close the purchase within the next 10 days. The newspaper buildings are not part of the transaction, and a sale price was not BY DAVE COLLINS Associated Press HARTFORD, Conn- Financially troubled Journal Register Co. has agreed to sell two of its daily newspapers in Connecticut, just two weeks before its deadline to shut down the publications. Michael E.

Schroeder, a former newspaperman who worked at Newsday tify the person or details of the transaction. Schroeder plans to move to central Connecticut from his Long Island home, saying the papers need local control and not "chain control and management by phone." "We're really looking forward to returning these papers to the iconic position they carried in the local community," he said. Bob Child AP Michael E. Schroeder speaks at a news conference at the Legislative Office Building, on Wednesday, in Hartford, as Connecticut state Sen. John DeFronzo, D-New Britain, center, and Rep.

Tim O'Brien, D-New Britain, right look on. tofoWesIt opens downtown office LEFT: Randy Cosby, vice president of InfoWest, speaks at the grand opening of their new facility in downtown St. George, on Wednesday. BELOW: Cosby shows off the new InfoWest facility while explaining the company's new fiber optic internet connection. 1 'm BY SCOTT KERBS skerbsthespectrum.com ST.

GEORGE InfoWest Southern Utah's first Internet service provider, officially opened its new office Wednesday, bringing a cutting-edge technology company to the heart of historic downtown St George. With adequate space for future growth and state of the art fiber optic Internet connections throughout the structure, company President and CEO Kelly Nyberg said the new InfoWest offices, at 148 E. Tabernacle St, are expected to provide staff members with more advanced tools to serve their clients. "With the high-speed access we have faster access to the data," Nyberg said, giving InfoWest expanded capabilities in monitoring and maintaining systems. The company began 15 years ago with a small group of employees offering dial-up service to the community, and has since expanded to employ 25 workers in St.

George and Cedar City. With plenty of space in the facility, Vice President Randy Cosby said a workspace area has been reserved to assist emerging technology companies within the community. "We look forward to incubating new technologies," he said. "We want to make that next Photos by Christopher Onstott The Spectrum Daily News Wednesday, and said he is proud to see InfoWest move further into the downtown area. "It is fun to see a homegrown business that is committed to St George," he said.

"They have come back home downtown and we are proud to have them." Scott Hirschi, director of the Washington County Economic Development Council, commended the founders of InfoWest at the ceremony, praising their bold strategy to bring Internet service to Southern Utah and their evolution over the past 15 years. InfoWest. "We want to help them grow." The new location also brings new priorities for InfoWest Cosby said, as the company is expected to place a greater emphasis on serving local businesses. Cosby said the facility lends a more professional environment to InfoWest as they shift focus to target new clientele. "This is the first time I've had an office with an actual window," he said of the new facility.

Mayor1 Dan McArthur spoke at the ribbon cutting ceremony Construction of Las Vegas hotel delayed, changed Member SIPC Cinema Prices Edwardjones eflWWlIiJ WWW Serving Individual Investors Since 1871 for Selected Stocks Standard Poors 500 Dow Jones Ind. Nasdaq 57 Change Closed 1,599.06 Change Closed 906.65 7 Change Closed 8,769.70 "It wasn't something that we intended it certainly wasn't something we planned but I think we are making a thoughtful and smart decision based on the facts that were presented." Price Chang 52 wk H-L Price Change 52 wk H-L Co. Dmcription Co. Description BY OSKAR GARCIA Associated Press LAS VEGAS Developers of the 67-acre CityCenter complex on the Las Vegas Strip said Wednesday that one of its boutique hotels would open a year late and be about half as tall as originally planned. CityCenter Holdings LLC, a partnership between MGM Mirage Inc.

and Dubai World subsidiary Infinity World Development Corp, said the Harmon Hotel Spa would open in late 2010 without about 200 residential condominium units planned for the top 22 floors of the hotel The rest of CityCenter including a casino, retail, luxury hotels and other condominiums is on schedule to open by December, company officials said. The Harmon's structure and 25-floor exterior will be finished on schedule, while completion of its interior with 400 rooms will 7.61 59.13 25.59 22.13 61.24 58.07 29.49 22.58 53.41 53.89 12.14 55.54 2337 25.87 2118 22.07 19.51 1858 1749 3.58 3.98 JETBLUE AIRWAYS KROGER CO LOWES COMPANIES MCDONALD'S CORP 3M COMPANY MERCK CO ZIONS BANCORP. UNITED PARCEL PEPSICO INC HOLOGICINC WAL-MART STORES US BANCORP WELLS FARGO 4 CO WALT DISNEY CO PEPSI BOTTLING MICROSOFT CP SKYWESTINC PFGERWC OWESTCOMMSINTL NOVELL WC 0.31 3.04-740 0.56 52.06-72.76 0.23 22.30-30.99 15.76-28.49 45.79-6700 -112 50.01- 83 .22. 0.48 22.82-61.18 17.53-57.05 2.01 43.32-75.08 -181 49.74-79.79 -035 10.54-35.79 43.10 20.22-42.23 19.89-44.67 -L13 -125 15.78-42.02 -125 17.50-35.00 0 10.84-26.63 -031 14.26-24.24 205 -665 249-759 JBLU JNJ KR LOW MCD MMM MRK 7JON UPS PEP HOLX WMT USB WFC DIS PBG MSFT SKYW PFE NOVL 56.51-96.12 0.32 21.28-39.00 20.74-35.00 34.29-63.00 0.22 40.29-65.59 53.90-99.46 -339 55.50-104.63 4.02-16.99 14.20-27.72 30.70-75.23 4127 3.05-29.73 -143 2.451-4,858 10.01-45.08 20.90-41.94 5.00-38.16 12.58-38.52 0.19 -069 17.05 -3108 -144 12.06 -25J9 12.03-24.59 78.25 27.03 24.43 43.00 44.93 62.65 73.96 727 17.32 50.12 5324 715 3.190 13.71 2721 8.71 16.fl 4.13 24.57 8779 14.44 14.97 EXXONMOBIL WALGREEN CO SYSCO CORP SEMPRA ENERGY COCA-COLA CO FEDEX CORP CHEVRON CONVERGYSCP CISCO SYSTEMS COSTCO WHOLE SAL CONOCOPHILUPS CITIGROUP BERKSHIRE CLB BANK OF AMERICA GANNETT CO INC GENERAL ELEC CO GENERAL MOTORS HOME DEPOT INC NIL BUS MACHINE INTEL CORP LEGGETT PLATT XOM WAG SYY SRE KO FOX CVX CVG CSCO COST COP BRKB BAC GCt GE GM HD IBM mc LEG Jim Murren CEO of MGM Mirage the company to reassess the project overall, which led to the decision to cut back. "It takes pressure off of selling more condomi-nurris, it takes pressure off of occupying more rooms and, on the increment, it allows us to focus on fewer projects to open," Murren said.

"It wasn't something that we intended it certainly wasn't something we planned but I think we are making a thoughtful and smart decision based on the facts that were presented. be postponed, allowing the company to defer spending $200 million until next year. MGM Mirage chief executive Jim Murren told The Associated Press that after considering how to deal with construction errors by its contractor, the company opted to reduce the scope of the project rather than spend more money and rush to get the Harmon finished on time with the condos. Murren said the construction problems were discovered ov er the summer and led 'Mi-.