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September 21, 2002
Todays headlinesTECO customers will pay less
Fuel and wholesale power cost less than expected, so the bill for 1,000 kilowatt-hours will drop $4 a month if the PSC approves.
Area, state jobless rates stay flat
The state says the market remains weak. But other states are doing worse.
Utility's offer on contract doesn't sit well with union
Florida Power wants to change workers' schedules and benefits. Negotiations are to start Oct.
Pension fund to tighten scrutiny
In the aftermath of Enron, WorldCom and other investment disasters, Florida's pension fund is joining a national movement to hold outside money managers up to greater scrutiny.
They've got the power to be tough
Florida Power work crews were in the spotlight for a cable television show about hazardous occupations.
Weak market hurts charitable giving
Just as a sour economy boosts needs, it shrinks the means needed to meet them.
Business Today
BANK OF AMERICA PROBLEM: A glitch affected the accounts of thousands of Bank of America customers in Florida and Tennessee late Thursday and early Friday. The bank said the affected customers use "automatic clearing house" postings such as direct payroll deposits or automatic investments to a mutual fund. Some customers had transactions posted twice into their accounts; other customers did not receive any deposits when they were supposed to be posted. Bank spokeswoman Lisa Gagnon said the software-related problem was triggered by two sets of electronic postings that ran out of sequence. All customer accounts were made whole by 11 a.m. Friday, Gagnon said, and any fees caused by the error are being reimbursed by the bank.
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