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March 28, 2002  
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Today’s headlines
Utility to cut rates by $125-million
Florida Power customers will save $10 a month on average, but other fees will rise.

Hotel workers approve strike
Employees at two hotels on Disney property are demanding that management resume talks.

GTO has a place to go
And GM would like that place to be your driveway as it announces it will start making the model again.

Business today
NEW HOME SALES RISE IN FEBRUARY: Sales of new single-family homes rose 5.3 percent in February to a seasonally adjusted annual rate of 875,000, The Commerce Department reported. Economists said low mortgage rates, good weather, increases in home values and generally good consumer attitudes all helped to lift sales. By region, sales of new homes rose 9.9 percent in the South and 6.7 percent in the West. In the Northeast, sales fell 10.1 percent and in the Midwest sales dipped 0.6 percent.

Court: No rights for illegals
The Supreme Court rules immigrants do not have a right to back pay if employed illegally.

Power rate to be cut by 9.25%
Florida Power has agreed to the reduction, which is set to begin with May meter readings.

Rumor raises question: Is TECO for sale?
A report about a British acquisition seems untrue, but analysts say the utility could attract a suitor.




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