Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: FRIDAY, June 4, 1993 TAG: 9306040151
SECTION: BUSINESS PAGE: A-5 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
CHARLESTON, W.Va. - About 1,000 Australian coal miners walked off their jobs in support of striking United Mine Workers in the United States, the union said Thursday.
The Australian miners went on strike Wednesday night at two mines owned by Peabody Resources Ltd., an affiliate of St. Louis-based Peabody Holding Co. Inc.
The UMW struck selected Peabody Holding mines in the United States on Wednesday. About 9,200 miners in five states are on strike against Peabody and other coal companies.
The union has accused the Bituminous Coal Operators Association of evading a provision of a 1988 contract that guaranteed 60 percent of new jobs at mines owned by BCOA members would be offered to UMW miners. - Associated Press
Uh-oh, baby; Pepsi declared non-kosher
JERUSALEM - A religious court has ruled that Pepsi-Cola ain't the right one, baby - it pronounced the drink not kosher.
It wasn't the ingredients; Pepsi conformed to Jewish dietary laws. But the court ruled that PepsiCo. Inc. had transgressed by using scantily clad women in its ads and sponsoring a recent concert by Guns N' Roses in Tel Aviv on the Sabbath.
The last straw came when it was rumored that Pepsi would sponsor a Michael Jackson concert on Rosh Hashanah, the Jewish new year and high holy day.
Moshe Trivax, PepsiCo.'s spokesman in Israel, would not estimate the potential loss to the company. But he said 20 percent of Pepsi's market in Israel is among ultra-Orthodox "and that's a big slice."
The offending posters were being taken down, he said, and Pepsi officials were to meet with the court.
PepsiCo.'s manager in Israel said the company would not sponsor Michael Jackson if he appeared on the Sabbath or Rosh Hashanah. - Associated Press
Briefly . . .
\ Kenny Rogers Roasters, a Fort Lauderdale, Fla.-based chain of chicken restaurants including two in the Roanoke Valley, said Thursday it would raise $7.5 million in a private placement with Montgomery Securities. Roasters, with 68 restaurants in 19 states, plans to use the proceeds in part to develop more company-owned stores.
\ NationsBank Corp., a Charlotte, N.C.-based banking company, said Thursday it is making a $1 million contribution to the University of Virginia's upcoming capital campaign for business education. NationsBank of Virginia President Randolph McElroy said the donation, to be paid over eight years, will be equally divided between the Darden Graduate School of Business Administration and the McIntire School of Commerce.
by CNB