Women Business Owners to Benefit from Satellite-Based Conferences

Small business owners, particularly women, can gain valuable insights from two upcoming satellite-based conferences. The U.S. Small Business Administration, IBM Corp., and the Edward Jones investment firm are co-sponsoring these events to address specific topics tailored to women entrepreneurs. On Wednesday and November 16, participants will engage with experts discussing business technology, internet-based commerce, the year 2000 date change computer problem, and financial resources available on the internet. The conferences aim to equip women business owners with essential knowledge to thrive in their ventures.

Key Takeaways:

  • The U.S. Small Business Administration, IBM Corp., and the Edward Jones investment firm are co-sponsoring two satellite-based conferences for women business owners on Wednesday and November 16.
  • The topics of discussion will include "Wired to Win: Leading Technologies for Women" and "Funded to Win: Creative Ways to Finance Your Business."
  • Wednesday's conference will cover business technology, doing business on the internet, the year 2000 date change computer problem, and financial resources available on the internet.
  • The conferences are an effort to support women entrepreneurs and provide them with essential knowledge to grow their businesses.
  • Women business owners can find the nearest satellite downlink site by calling Edward Jones at 1-800-441-1384 or visiting www.edward-jones.com, www.ibm.com, or www.sba.gov.
  • Lisa Huck, a spokeswoman for the Edward Jones investment firm, is available to provide more information.
  • Ivy Philon-Johnson, of the Jacksonville Port Authority, is involved in organizing the SBA's trade fair and mini-procurement conference in Jacksonville on September 16.
  • NationsBank is cutting 87 more jobs from the former Barnett Banks operation in Jacksonville, totaling around 800 jobs since the acquisition.
  • The company is actively recruiting in customer-facing areas to retain talent among those let go.
  • Three former senior Barnett officers, Ken Veniard, Jim Loskill, and Tom Yochum, are suing NationsBank for breach of contract regarding severance packages.
  • A lawsuit is ongoing on behalf of 19,000 former Barnett employees, claiming they are entitled to $200 million in Barnet shares purchased by their 401(k) plan.

Statistics:

  • 19,000 former Barnett employees are involved in a lawsuit regarding $200 million in Barnett shares purchased by their 401(k) plan.
  • 3: the number of former senior Barnett officers (Ken Veniard, Jim Loskill, and Tom Yochum) suing NationsBank for breach of contract.
  • 800: the total number of jobs cut from the former Barnett Banks operation in Jacksonville since the NationsBank acquisition.
  • 87: the number of additional jobs being cut from the former Barnett Banks operation in Jacksonville.
  • $460,000: the amount paid to Ken Veniard in severance.
  • $1.4 million: the amount paid to Ken Veniard in special incentive pay.
  • $75,000: the amount sought by Jim Loskill in his lawsuit.
  • $210,000: the amount sought by Tom Yochum in his lawsuit.
  • $200 million: the value of Barnett shares claimed by 19,000 former employees.

Sources:

  • SBA: U.S. Small Business Administration
  • IBM Corp.: International Business Machines Corporation
  • Edward Jones: Edward Jones investment firm
  • NationsBank: NationsBank Corp.
  • Jacksonville Port Authority: Jacksonville Port Authority
  • Florida Community College Jacksonville: Florida Community College Jacksonville
  • Barnett Banks: Barnett Banks, Inc.
  • Allen, Knight & Creighton: Allen, Knight & Creighton investment firm
  • Palmer Knight: A. Palmer Knight, founder of Allen, Knight & Creighton
  • John L. Allen Jr.: John L. Allen Jr., partner at Allen, Knight & Creighton
  • Simon Barker-Benfield: Simon Barker-Benfield, contact for information (phone: (904) 359-4261, fax: (904) 359-4478, e-mail: tubiz@tu.infi.net)