BUSINESS BRIEFS
Ex-CEO gets house arrest
Advertiser Staff and News Services
A former HealthSouth Corp. chief financial officer was sentenced yesterday to six months of house arrest for his part in a multibillion-dollar accounting scandal at the chain of clinics.
Malcolm "Tadd" McVay was also given five years on probation, fined $10,000 and ordered to forfeit $50,000 in ill-gotten gains.
McVay pleaded guilty to charges that included conspiracy to commit fraud at HealthSouth.
Passengers fall ill on cruise
ANCHORAGE, Alaska — Nearly 350 passengers and crew aboard a Princess Cruises ship in southeast Alaska fell ill with a virus this week, cruise line officials said.
As of Wednesday, 308 passengers and 40 crew members aboard the Island Princess complained of Norwalk virus-like symptoms. Altogether, 2,018 passengers and 896 crew members were making the weeklong voyage from Vancouver, British Columbia, to Whittier.
Onboard testing confirmed the presence of the norovirus — which includes Norwalk and Norwalk-like viruses. The virus can cause diarrhea, stomach pain and vomiting for 24 to 48 hours. It is spread through food and water and close contact with infected people or the items they have touched.
Star-Bulletin hires publisher
Dennis Francis, general manager of The Honolulu Advertiser since 1998, has resigned to become president of Oahu Publications and publisher of the Honolulu Star-Bulletin. He will replace Frank P. Teskey, who came to the Bulletin in 2003 from Star-Bulletin owner David Black's Cariboo Press newspaper chain in Canada. Teskey will return to Black's company in Canada.
"We can understand why the Star-Bulletin would want to recruit from our ranks," said Advertiser Publisher Mike Fisch in announcing Francis' resignation. "However, as every good business person knows, a successful company isn't based on one or two individuals, but rather on its product quality, customer service and results.
"I'm therefore confident The Advertiser will continue to be the best-read newspaper in Hawai'i in terms of audited net paid circulation, readership and results for advertiser investment."
