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Loose change

By Times staff writer
© St. Petersburg Times
published November 24, 2002

TECH BUG: A newly discovered Mexican ant has been named after Intel co-founder Gordon Moore. But the Harvard biologist who named Pheidole mooreorum was recognizing Moore's work as the head of nonprofit Conservation International rather than his tech achievements. The biologist also named a Central American ant Pheidole harrisonfordi for group vice chairman Harrison Ford. Moore, 73, says his ant is better-looking.

JOLLY GOOD DOUGHNUTS: Krispy Kreme Doughnuts soon will be available in the United Kingdom. The company will hold a 34 percent stake in a franchise deal that will open 25 stores in Britain in the next five years. In June, the chain said it would open its first stores outside North America, expanding into Australia by early 2003 and then into New Zealand. Company executives also are looking at Mexico, Japan, South Korea and Spain.

FORGET FESTIVITIES: America Online isn't in a party mood this year. Citing "difficult business challenges," new division head Jonathan Miller said in a memo that AOL is canceling holiday parties for its 18,000 employees. He said in light of slowing subscriptions, a drop in ad revenue and a Justice Department investigation, "This is not the time for us to have an elaborate holiday party."

TRUST LOST: The sorry state of business at many companies is having another result beyond the bottom line -- the boss has lost employees' trust. Five years ago, 90 percent of employees interviewed by psychology consulting firm Impact Group said they trusted their boss. That number has steadily dwindled, to 28 percent this year. The findings are based on 1,100 annual employee interviews.

BACK YARD BACKGROUND: If the scenery in an upcoming Eddie Bauer catalog looks familiar, there's a good reason. Photography crews spent several days this month in Alachua and Marion counties, shooting clothing models in locales including the historic town of Micanopy.

-- Compiled by Cathy Keim from Times wires.

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