Eddie Basha's funeral set for April 6, and other news briefs

2013-03-29T00:00:00Z Eddie Basha's funeral set for April 6, and other news briefsFrom Wire Reports From Wire Reports Arizona Daily Star
March 29, 2013 12:00 am  • 

ARIZONA

Basha funeral set for April 6 at ASU

CHANDLER - A funeral service for grocery store magnate Eddie Basha is scheduled for April 6 in Tempe.

The former chairman and CEO of the Bashas' family-owned supermarket chain died Tuesday at age 75.

Officials of the Chandler-based company said Basha's funeral will be held at 10 a.m. April 6, a Saturday, at Gammage Auditorium on the Arizona State University campus.

Basha guided the company that carried his family name for more than 40 years. At one time, the chain had more than 160 supermarkets serving all 15 Arizona counties.

He was appointed to the Arizona Board of Education in 1984, the state Board of Regents in 1990 and unsuccessfully ran for Arizona governor in 1994.

Basha is survived by his wife and six sons, including four from his first marriage.

NATION

Economic expansion sluggish at end of '12

WASHINGTON - The U.S. economy grew at a slightly faster but still-anemic rate at the end of last year. However, there is hope that growth accelerated in early 2013 despite higher taxes and cuts in government spending.

The economy grew at an annual rate of 0.4 percent in the October-December quarter, the Commerce Department said Thursday. That was slightly better than the previous estimate of 0.1 percent growth. The revision reflected stronger business investment and export sales.

Analysts think the economy is growing at a rate of around 2.5 percent in the current January-March quarter, which ends this week.

Steady hiring has kept consumers spending this year. And a rebound in company stockpiling, further gains in housing and more business spending also likely drove faster growth in the first quarter.

Jobless claims jump for 2nd straight week

WASHINGTON - The number of Americans seeking unemployment benefits jumped by 16,000 last week, the second straight weekly increase. But the longer-term trend in layoffs remained consistent with an improved job market, the Labor Department and analysts said Thursday.

The Associated Press

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