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September 10, 2002
Todays headlinesFlorida Power rates to see little change
Average monthly bills are expected to edge up only about a quarter in January since fuel costs are lower than expected.
TECO moves to shore up shares
TAMPA -- Shaken by mounting Wall Street doubts about its wholesale power business, TECO Energy Inc. shifted into damage-control mode Monday: The Tampa energy company promised to speed up work on its 2003 budget to provide investors with guidance about the future.
Blues to end Medicare HMO in some areas
Some 20,000 Florida seniors will be affected, including about 6,200 in the Tampa Bay area.
Business Digest
CITIGROUP OUSTS MANAGER: Under scrutiny for its role in a series of financial scandals, Citigroup has replaced the head of its corporate and investment banking operations. Charles Prince, a former general counsel who has been Citigroup's chief operating officer, replaced Michael Carpenter as chairman and chief executive of the company's global corporate and investment bank. The investment bank, known as Salomon Smith Barney, is under investigation for its role in financing Enron, WorldCom and other troubled companies.
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