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April 18, 2002  
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Today’s headlines
What's old is new again in Snell Isle

An entrepreneur finds new life in tearing down old homes and building new ones.

St. Joe finds Arvida buyer
Cendant Corp. agrees to buy the Clearwater real estate brokerage for $158-million and plans to operate it under the Coldwell Banker brand.

TECO tops earnings forecast
A strong quarter in the face of tough conditions brightens the Tampa company's outlook.

Business today
TRADE GAP WIDENS: The improving economy helped drive up the U.S. trade deficit in February to its highest point in 10 months, as Americans' appetite for foreign-made cars, televisions and other goods increased. The trade gap widened to $31.5-billion, a 11.6 percent increase over January's deficit of $28.2-billion, the Commerce Department reported. Economists predict the trade gap will continue to widen this year as the United States recovers faster from its recession than other nations struggling with their own economic slumps. Stronger demand for imported goods is a sign the U.S. economy is rebounding from recession that began in March 2001.




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