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Today’s headlines
TECO moves to shore up bottom line
The utility delays work on two power plants and plans to raise $400-million.

New questions raised on safety at Walter coal mine
A newspaper's investigation says the Alabama mine's safety record was poor. Its Tampa owner criticizes the series.

Progress Energy names president
Robert McGehee assumes the title from William Cavanaugh, who remains chairman and chief executive.

Looking for a lift
The stock market suffered yet another bad day as Monday's news gave investors more reasons to worry about weak earnings and a slowing economy.

Politics takes center stage in PSC nominations
An incumbent commissioner wasn't nominated again after a supportive but unsolicited letter was sent in his behalf.

Income growth slows in Florida
Per-capita income was up in '01, but the growth was only about half that of the previous year.

Business Digest
MEDICAL TECHNOLOGY GETS CONTRACT: Medical Technology Systems Inc. of Clearwater has signed a sole source contract to supply disposable medication packaging to Omnicare Inc., a provider of pharmacy services to nursing homes. The value of the three-year contract was not disclosed, but MTS estimates it will mean an increase in sales to Omnicare of about 20 percent. MTS' punch card packages organize drugs according to various criteria, such as time of day and day of the week.