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March 27, 2002  
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Today’s headlines

Robert Trigaux
Too strong for its own good, Mercantile bows out

If any of the Tampa Bay area's independent and home-grown banks seemed on a tear, it was Mercantile.

Tampa auto dealer settles fraud suit
Accused of overcharging, Ferman Motor Car Co. will give discount coupons to more than 1,000 customers.

Businesses get extra time to file
Florida businesses reeling from the impact of Sept. 11 can get a 90-day extension to pay their property taxes this year, thanks to a proposal passed in the final hours of the Legislature last Friday.

Former Waste Management officials face fraud lawsuit
The SEC says the company's executives, with help from auditing firm Arthur Andersen, cooked the books to defraud shareholders.

Airline may seek concessions
The new CEO for US Airways says the struggling airline can't afford to base its salaries on those at larger rivals. That's troubling news to one union official.

State narrows legal search
The short list of lawyers who may represent Florida in the pension fund case includes the state GOP chairman's firm.

Small airlines support agent commissions
Hoping to steal business from the major airlines, smaller carriers forge alliances rather than cut payments.

Business today
FACTORY ORDERS JUMP: Orders to U.S. factories for big-ticket goods rose for the third straight month, the Commerce Department reported. Orders for manufactured goods expected to last at least three years grew 1.5 percent in February, though much of the strength came from a 41 percent jump in orders for airplanes and aircraft parts. Excluding transportation orders, which can bounce around a lot from month to month, durable-goods orders dipped 1.3 percent in February, suggesting that the manufacturing recovery is fragile. It marked the first such decrease in the last five months.




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