January 8, 2009
Simmons Bedding Co. will slash its salaried workforce by 20 percent due to the souring economy, the privately held bedding and mattress company said.
Apartment fire displaces family
Investigators are blaming a mattress fire for a blaze that chased a family from its apartment in East Stroudsburg on Wednesday. The fire may keep an entire block of apartments closed at East Way Apartments, 250 Harris St., at least until the building is cleared as structurally sound.
Options Trader: Thursday Wrapup
Phil Davis submits: We had a fantastic day as everything went perfectly for our short positions, especially our mattress plays that usually protect our portfolio but today were the stars.
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