Daily Briefing

DAILY BRIEFING

January 22, 2009

Applicants rise for JHU nursing, education schools

Applications to the Johns Hopkins University's schools of education and nursing are on the rise, according to school officials. For the six months that ended Dec. 31, applications for the School of Education rose 30 percent, while submissions for the School of Nursing climbed 11 percent compared with the period a year ago.

Enterprise president to retire April 15

Columbia-based Enterprise Community Investment Inc., a provider of affordable housing finance, said yesterday that its president and chief executive, Jeffrey H. Donahue, will retire April 15. Donahue, 62, who had served as chief executive for six years, will be succeeded by Charles R. Werhane, the company's vice chairman and chief operating officer. Enterprise, a subsidiary of Enterprise Community Partners and a provider of capital and technical expertise to create affordable homes, manages one of the largest low-income housing tax credit portfolios in the nation.

Lorraine Mirabella

Hilton Hotels to move HQ to Washington area

Hilton Hotels Corp., acquired by Blackstone Group LP in 2007, is relocating its headquarters to the Washington metropolitan area from Beverly Hills, Calif., to lower operating expenses. The move will result in some job cuts, said Michael Buckley, a spokesman for Hilton. Hilton, the second-largest U.S. hotel chain, is weighing locations in Maryland and Virginia for the third-quarter move, the company said yesterday in a statement. Hilton operates more than 3,200 hotels in 77 countries.

Bloomberg News

Williams-Sonoma to slash jobs, close support sites

SAN FRANCISCO : Williams-Sonoma Inc. said yesterday that it is cutting 1,400 positions and closing two support centers to cope with slowing sales in the tough economy. The kitchen and home company said it will make the cuts by the end of the month.

Associated Press

Intel to close plants, cut 5,000-6,000 jobs

SANTA CLARA, Calif. - Intel says it is cutting 5,000 to 6,000 jobs as part of a restructuring of its global manufacturing operations. The world's largest chip maker said yesterday that it is closing facilities in Malaysia and the Philippines.

Associated Press

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