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November 21, 2002  
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Today’s headlines
U.S. home construction cools off in October
Home building drops 11.4 percent from September's booming levels but remains in a healthy zone.

Mutual fund managers fuel stock surge
The Dow Jones industrials rise nearly 150 points, wiping out a previous two-day loss.

MCI raising calling rates
Long-distance charges will nearly double, from 5 cents to 9 cents a minute, on some calling plans.

Delta takes cut-rate route
The airline will start a low-cost offshoot with flights between northern cities and Florida starting at $79 one-way.

Business Today
FEDEX RAISING RATES: FedEx Corp. said Wednesday it will raise delivery rates as much as 3.9 percent starting Jan. 6. The increases will push up the price of a FedEx Express shipment by about 3.5 percent and FedEx Ground by 3.9 percent. Earlier this month, FedEx's rival, United Parcel Service Inc., also announced it was raising rates beginning next year.


Latest business news
  • Monday's Metal Prices
  • Skilling, Lay optimistic as testimony ends
  • Wachovia shares fall on Golden West deal
  • GAO: Sarbanes-Oxley costs high for cos.
  • London's FTSE-100 index closes down 24.6
  • Calif. attorney general files fourth suit
  • Rigas sentencings reset for April
  • Plaintiffs in insurance fraud lawsuit
  • Health insurance plans claim vast fraud
  • American Eagle 3Q profit rises, sales slip
  • Banks earn $2.8B in 3Q; insurance fund in the red
  • Medtronic 2Q profit rises 59 percent on sales
  • Heinz 2Q profit falls, but sales improve
  • Hormel 4Q profit rises 50 percent, but sales slip




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