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June 7, 2002  
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Today’s headlines
Robert Trigaux
Batten down the wallets, HMOs want more money
Sure, it's the start of hurricane season. But just as scary, it's also HMO pricing season.

Fewer shoppers spend in May
Retailers are still reeling from weak sales, as cool weather in parts of the country quiets store aisles.

Venture group grows in hardscrabble times
Ballast Point discovers a funding spring in what otherwise has turned into a dried out capital market.

Report packs tips for travel Web sites
A study by Consumer Reports finds the best services for air fare bargains, but issues caveat.

Market's outlook grows more dim
NEW YORK -- Wall Street's fortunes turned negative again Thursday as a downgrade of chip makers by Merrill Lynch and retailers' disappointing sales gave investors more reasons to doubt the strength of a business recovery. Stocks fell sharply, with the tech sector suffering the heaviest losses.

Business today
NO VERDICT IN ANDERSEN CASE: Jurors in the Arthur Andersen obstruction of justice case deliberated for nine hours without reaching a verdict.



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