A FLASH FLOOD WATCH will go into effect this afternoon for most of Southern Colorado. Daytime heating and moisture will combine with a disturbance moving through Colorado to develop numerous thunderstorms. Any one of them will be more than capable of producing very heavy rain. Burn scars and areas that have seen recent heavy rain will be under the greatest risk for flash flooding. This FLASH FLOOD WATCH will remain in effect through 6pm Wednesday. The 11 Breaking Weather Team will be tracking this threat closely for you the next two days.
It is hoping to emerge from Chapter Eleven bankruptcy protection as soon as April.
The job cuts are part of two and a-half billion dollars in
costs to be eliminated -- and the first since new chairman and
C-E-O Michael Capellas came aboard.
WorldCom, which is losing about 200 (m) million a month, has
already been trying to cut costs by asking the bankruptcy court to
let it vacate some leases and renegotiate or get out of some
WorldCom has about 60-thousand employees after cutting nearly
21-thousand positions last year. That followed the largest-ever
bankruptcy filing in U-S history amid a massive accounting scandal.
No word yet on how the layoffs will impact workers in the Springs.