THE UNIVERSITY DARYL KANSAN
THURSDAY, OCTOBER 5, 2006
NEWS
3A
》 BUSINESS
Witchcraft store earns more at new location North Lawrence better site than downtown
BY COURTNEY FARR
Two witches, formerly of the downtown area, said they found a new and welcoming home in North Lawrence this summer.
Kasey Carlson and Kerry Johnson, former proprietors of 9th Path and Mystic Realms, opened a new store, called Village Witch, at 311 N. Second St. A fire closed their previous stores on Oct. 9 last year.
"We should have done this three years ago," said Carlson. "It would have taken a fire to get us out of our old place. We loved it."
Carlson said the new store generated more walk-in traffic and seemed more noticeable than the old stores, which sat at the northwest corner of Vermont and Eighth streets.
About half of their shoppers are new faces, Carlson said.
The name also captures people's attention, Carlson said. She was nervous to use Village Witch because of possible negative connotations, but Johnson pushed for it. Johnson said the name better fit the services and items the shop offered.
Carlson said "We're not the only village witches in town. We're just the only ones hanging a sign up."
"Everybody says you have to be on Massachusetts or 23rd Street," Carlson said. "We believed it and bought that as much as anybody, I think North Lawrence, this stretch right here, is ripe for a local business district."
The shop resides in the last building before a driver would cross the bridge from North Lawrence to downtown.
Even though Village Witch carries the same inventory as the old stores, some products sell better now. Feng shui items that had not sold well at the previous stores have become popular items, Carlson said. Feng shui is the Chinese art of arranging objects in buildings or rooms to promote positive effects.
"Stuff that would have sat on shelves for ages is selling here," she said.
Village Witch also sells oils, crystals, stones, candles, incense, books and other tools for witchcraft and metaphysics.
Eight months passed before the pair could open their new shop. They had to restock inventory lost to fire and smoke damage.
Carlson lost virtually all of her merchandise while Kerry lost about 75 percent, Carlson said.
"A lot of what we have, we make," Carlson said. "It makes it more affordable to start but it's more labor intensive."
Last week workers hauled debris out of the old stores and appeared to be cleaning and renovating the space. The awning still displayed the Mystic Realms sign.
Rich Barr, Douglas County fire marshal, said an investigator determined that the fire was electrical and accidental. Workers are now preparing the building to be an annex for the Eldridge Hotel at Seventh and Massachusetts streets, he said.
Thomas Fritzel, the building's owner, did not return calls to confirm these plans.
Kansan correspondent Courtney Farr can be contacted at editor@ kansan.com.
Edited by Travis Robinett
Apple mishandles stock options
BUSINESS
BY MAY WONG ASSOCIATED PRESS
CEO Steve Jobs apologizes for scandal; chief financial officer resigns; share values fall
SAN JOSE, Calif. — Apple Computer Inc. CEO Steve Jobs apologized Wednesday for the company's past stock-option practices after an internal investigation found accounting irregularities between 1997 and 2002 and showed jobs was aware of some options backdating.
The iPod and Macintosh maker said its three-month investigation also prompted the resignation of former Chief Financial Officer Fred Anderson from the company's board of directors.
The company said Jobs knew that some grants had been given favorable dates "in a few instances",
but he did not benefit from them and was not aware of the accounting implications.
Apple said it will likely have to restate some earnings. The looming restatements threaten to wipe out some of the profit generated during the most prosperous stretch in Apple's 30-year history. Apple has reported a total of $3.1 billion in profit in the past four years.
Shares of Apple shed 58 cents to $74.80 in aftermarket trading on the Nasdaq Stock Market on Wednesday.
Apple, one of the most prominent companies caught in the nationwide stock options mishandling scandal, said its investigation into the matter did not uncover any misconduct by any member of Apple's current
management team, but that it did raise "serious concerns" regarding the actions of two former officers.
The company did not name the two officers but announced that Anderson, who served as the company's chief financial officer from 1996 until 2004, had resigned from the company board.
The probe found irregularities in the recording of stock option grants made between 1997 and 2002, with the last one involving a January 2002 grant, the company said. The grants had dates that preceded the approval of those grants.
The company's special committee conducting the investigation examined more than 650,000 e-mails and documents, and interviewed more than 40 current and former employees, directors and advisers.
Apple initiated the stock-options investigation in June after problems at other companies began to unravel.
More than 100 other companies nationwide are entangled in similar stock-option trouble. In most of those instances, companies have traced their problems to "backdating" issues.
If the revised financial results are significant, it could dent Apple's stock, said IDC analyst Richard Shim.
"The company is certainly firing on all cylinders so investors may be willing to forgive them," Shim said. "But it's something that will linger in the backs of their minds."
SCIENCE
Stanford professor wins chemistry Nobel
Americans sweep science prizes for first time since 1983, research could lead to new therapies
NEW YORK — Nearly a half-century after his father was awarded a Nobel Prize, a Stanford University professor won his own Wednesday for groundbreaking research into how cells read their genes, fundamental work that could help lead to new therapies.
Discoveries by Roger D. Kornberg, 59, have helped set the stage for developing drugs to fight cancer, heart disease and other illnesses, experts said.
he said.
At a press conference, Kornberg said the immediate application of his work is in making better antibiotics for diseases such as tuberculosis. "There will be specific cures for several diseases in the next decade,"
He said several pharmaceutical companies are developing drugs based on his research, but he declined to be more specific other than to mention cancer therapy.
Kornberg's $1.4 million award, following the Nobels for medicine and physics earlier this week, completes the first American sweep of the Nobel science prizes since 1983.
Americans have won or shared in all the chemistry Nobels since 1992. The last time the chemistry prize was given to just one person was in 1999.
The Kornbergs are the sixth father and son to both win Nobel
Prizes. One father and daughter — Pierre Curie and Irne Joliot-Curie — won Nobel Prizes in physics and chemistry, respectively. Marie Curie — Irne's mother and Pierre's wife — won two Nobel prizes, for chemistry and physics.
Roger Kornberg's prize-winning work produced a detailed picture of what scientists call transcription in eukaryotes, the group of organisms that includes humans and other mammals, the Royal Swedish Academy of Sciences said in its citation.
Transcription lets genes specify what proteins a cell produces. In this process, information from genes is used to create molecules
called messenger RNA. These molecules shuttle the information to the cells' protein-making machinery. Proteins, in turn, serve as building blocks and workhorses of cells, vital to structure and functions.
Since 2000, Kornberg has produced extremely detailed pictures of messenger RNA molecules being created.
"In an ingenious manner Kornberg has managed to freeze the construction process of RNA half-way through," the Nobel committee said. That let him capture the process of transcription in full flow, which is "truly revolutionary," the committee said.
THIS WEEK ON CAMPUS
Attention Student Groups:
If your student organization is register with the Student Involvement and Leadership Center, you may get FREE ADVERTISING here in the Kansan through Student Senate!
Email chrisblackstone@ku.edu for more information.
Dole Institute of Politics Student Advisory Board
Leonard Pitts Jr. Pulitzer Prize Winning Columnist
"Civil Liberties After 9/11"
Tonight at 7:30 at the Lied Center
Open Seating, Non-Ticketed Event
KU Filmworks
KU Filmworks promote the production of student-produced videos and film. Founded sometime in the late ninies to a group of students who just wanted to make a movie, KU Filmworks is an outlet for the local student body to make the flims that they just can't make in their theory course.
October 5,2006
We meet every Sunday at 8:00 PM or Oldfather Studios (past location)
(9th and Avalon, just west of Iowa).
Move rights are another element to our meetings that encourage members to bring in old films, new films, or even embarrassing films to show or show off.
Where: Oldfather Studios
When: This Sunday at 6pm
Contact moviewinner@yml.com
We hope to see you and everyone else this Sunday!
Student Legislative Awareness Board
Are you interested in Politics?
Do you want to get involved and make your voice heard?
Do you feel as though your views and interests are not represented in local government?
Would you like the opportunity to make a positive change for the university, students, faculty, and staff?
Awareness Board
SLAB is your answer.
SLAB is your answer.
SLAB is now accepting applications for coordinator positions. Apply and help promote student and higher education interests at the state and federal levels!
Available Positions:
Available Positions:
Public Relations Coordinator
Special Events Coordinator
Deputy Legislative Director
Nontraditional Student Foundation 2nd Annual Nontrad Tailgate
Stop by the Student Senate office in the Kansas Union to pick up an application!
Email slabrkku.edu for more information.
Free food and soft drinks will be provided
NONTRADITIONAL STUDENT SERVICES AND THE
Email slab@ku.edu for more information.
Join the fun to kick off the KU vs. Texas A&M Homecoming Football Game Saturday, 11am - 1pm Campanile Hill
NONTRADITIONAL STUDENT FOUNDATION INVITE YOU TO
Bring family, friends, kids, and an appstite for food and fun!
The Center for Community Outreach
Challenges, Education, Encouraging
CCO
Volunteer Fair! Thursday, Oct. 5th
4th Floor Kansan Union
Co-sponsored by the Center for Community Outreach and the University Careers Center
Commission on the Status of Women
PAID FOR BY KU
Come to the CSW meeting in the Hawk's Nest on the 1st Floor of the Kansas Union this Tonight at 5:30pm to learn more!
The Commission on the Status of Women organizes events (panel discussions, movie reviews, art walks, leadership conference, etc.) to address the needs of women, both students and faculty on campus.
First Nations Student Association
Get involved with Native Students on campus.
Every Thursday at 6:30 in the Multicultural Resource Center
Up 'Till Dawn
If you haven't heard:
Up Till Dawn helps raise funds for the St. Jude Children's Research Hospital. St. Jude is internationally recognized for its pioneering work in finding cures and saving children with cancer and other catastrophic diseases. And the best part: No family ever has to pay for treatments!
Write it down:
Team Sign-Up Deadline: October 11th
Up 'Til Dawn Round Up: Letter Writing Party:
November 1st
Look it Up:
November 1st
Visit: http://groups.ku.edu/~utildawn
Email: utildawnkku.edu
Have you ever felt unsafe walking alone at night on campus? Wish someone could walk with you? Jaywalk can help! What is JayWalk?
JAYWALK!
JayWalk is a service available to all students who want a JayWalk volunteer to WALK them to their residence hall or car, or to wait with them for the Night Campus Express Bus or SafeRide.
Where is JayWalk?
Where is JayWalk?
The JayWalk station and volunteers are located inside Anschutz Library.
When is the service available?
JayWalk runs Sunday through Thursday from 8pm to midnight.
Who walks with me?
One male and one female will escort you to a specific location.
WANT TO VOLUNTEER FOR JayWalk? Call us at: 864-3222
JayWalk is giving away an IPOD Nanol Every time you use our service or volunteer with JayWalk, you get your name in the drawing, which will be in December!
Volunteers are greatly needed and appreciated! While you are assisting PU students you can also study and do homework. Pick up forms in room 410 in the Kansas Union! If you have any questions regarding the service or about volunteering, please email Safety@ku.edu