- Texas man arrested for powder-letter hoax
- Islamic State opens ‘marriage bureau’ for single jihadists
- Drone almost blocks California firefighting planes
- Tornado rips off roofs, downs trees near Boston
- GOP: Environmental rules keeping agents from accessing border
- John Kerry: Millions displaced by religious fighting in 2013
- Federal appeals court rules against Virginia’s gay marriage ban
- White House says Russia ‘losing’ war in Ukraine
- Hamas turns to North Korea for weapons deal, Iran for money
- Syrian casualties surge as jihadis consolidate
Oscar maker plans layoffs in Chicago
Question of the Day
CHICAGO (AP) - The Chicago company that makes the familiar gold-plated Oscar statues is laying off almost 100 employees.
R.S. Owens & Co. Inc. said this week in a notice to the Illinois Department of Commerce that it will lay off 95 workers on Dec. 17. The notice says the layoffs are permanent. The business-data website Hoovers says the company has about 250 employees.
The cuts come a month after R.S Owens announced it was being purchased on Dec. 17 by St. Regis Crystal Inc. of Indianapolis. R.S. Owens had said earlier this year that it was struggling financially.
A news release on the sale said the company will continue to make Oscar and Emmy statues in Chicago.
R.S. Owens has been making the Oscar statues for about 30 years.
TWT Video Picks
By David Keene
Allowing states to innovate could reduce dependency on bureaucracy
- D.C. seeks to stay judge's order allowing gun owners to carry in public
- Hillary Clinton: Forget Obama, George W. Bush made her 'proud to be an American'
- Illegal immigrants demand representation in White House meetings
- Iraqi Christians rally at White House: 'Obama, Obama, where are you?'
- Border surge puts Obama legacy on immigration at stake
- Tennessee Gov. Haslam slams White House for secret dump of illegals in his state
- Romney would win popular vote in rematch against Obama: CNN poll
- Babson College, BYU win top spots in Money magazine's college rankings
- White House says Russia 'losing' war in Ukraine
- D.C. plans to seek stay of order striking down ban on handguns in public
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world
Fighting in Iraq