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June 1, 2002  
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Diller adds to travel holdings
USA Interactive agrees to buy Interval International, a leading time-sharing exchange, for $578-million.

Radio gets Sirius
A second satellite radio service starts reaching Tampa Bay today, but is there room for two?

Business today
REPORTS DETAIL ECONOMIC GROWTH: Orders to U.S. factories rose 1.2 percent in April, the Commerce Department reported. The 1.2 percent rise was the biggest since a 7.5 percent advance in October, as stronger demand for cars, computers, household appliances and machinery helped to boost orders to factories, the department said. In another report, the Labor Department said business productivity in the first quarter grew at its strongest pace in 19 years. Productivity -- the amount of output per hour of work -- grew at a revised annual rate of 8.4 percent in the January-March quarter as hard-pressed companies produced more with fewer workers. The reading was a bit weaker than the 8.6 percent rate of increase previously reported for the quarter, but still marked an improvement over the strong 5.5 percent productivity growth rate posted in the fourth quarter of 2001.




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