Business Digest

Posted: Sunday, February 01, 2004

Juneau motel manager wins regional award

JUNEAU - Bonnie Glade, general manager of Juneau's Super 8 Motel, was named one of the top general managers in the Northwest United States by U.S. Royal Host, which operates Super 8 Motels.

U.S. Royal Host operates 25 Super 8 Motels in Washington, Oregon and Alaska. Glade was recognized for the strong team of employees she has built at the Juneau hotel.

Oil giant cashes in on high prices, ends year strong

SAN RAMON, Calif. - ChevronTexaco Corp.'s fourth-quarter profit nearly doubled, capping a year in which the oil giant cashed in on high fuel prices to snap out of a financial malaise.

The San Ramon-based company said Friday that it earned $1.7 billion, or $1.63 per share, during 2003's final three months. That marked a dramatic improvement from net income of $904 million, or 85 cents per share, at the same time in the prior year. Revenues rose 13 percent to $30.5 billion.

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