Newspaper article The Florida Times Union

Morning Briefs

Newspaper article The Florida Times Union

Morning Briefs

Article excerpt

SAWGRASS MARRIOTT OPENS $17 MILLION MEETING CENTER

The Sawgrass Marriott Resort & Beach Club in Ponte Vedra Beach opens its new $17 million, 56,000-square-foot conference center this weekend. With a new main ballroom measuring 16,000 square feet -- twice the size of its predecessor -- the new conference center is the fourth biggest conference center on the First Coast, behind the Prime Osborn Convention Center, the Adam's Mark hotel and the Morocco Shrine auditorium.

SEMINAR: KEEPING WORKERS HAPPY KEY TO KEEPING THEM

Do you love your employees? Do you feel loved by your boss? Creating employee satisfaction is the key to retention, according to authors Beverly Kaye and Sharon Jordan-Evans, whose organization will be holding a workshop on the topic March 13.

The $289 workshop, hosted by Calex Realty, is designed to help companies hang on to employees and teach employees how to get what they want out of work. For more information, call 724-6025 or 1-800-577-6916.

CONSUMER BORROWING, DEBT CLIMB BY 8.6% IN JANUARY

WASHINGTON -- Americans increased their borrowing in January by the largest amount in eight months, the Federal Reserve reported Friday.

New debt rung up by consumers increased at a seasonally adjusted annual rate of 8.6 percent in January, or by $14.3 billion, from the previous month. That marked the largest increase since May and pushed total consumer credit outstanding to a record $2 trillion in January.

January's borrowing pace marked a pickup from December, when consumer borrowing rose at a 5 percent rate.

Demand for revolving credit, such as credit cards, rose at a 8.6 percent pace in January. That was up from a 1.4 percent growth rate in December and represented the fastest pace November 2001.

WELLS FARGO UNIT SUES KMART FOR UNPAID BANKRUPTCY FEES

CHICAGO -- Wells Fargo & Co. …

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