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November 27, 2002  
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Today’s headlines
Personal bankruptcy filings are on the rise
Advocates of bankruptcy reform legislation say the increases prove consumers are irresponsible with debt.

Florida Power, union to talk more
Union members vote today on whether to strike, but both sides agree to keep talking to try to make a deal.

Robert Trigaux: Bus ride sparks impetus for bay area's biotech future
For this typically fragmented metro area, something unusually united happened in October on a bus ride full of Tampa Bay business, academic and political leaders.

Markets lack confidence
Stocks pull back on weaker-than-expected consumer confidence as investors search for signs of spending.

State accuses Kane's of deceptive practices
A civil lawsuit caps an investigation into hundreds of consumer complaints. Kane's denies the allegations.

Florida apartment tenants sue nation's largest landlord
The suit says Equity Properties collected millions of dollars in illegal fees when leases were terminated.

Business Today
CORNERSTONE ADDING BRANCH: Cornerstone Community Bank is taking over the Largo branch of Madison BancShares and its related $14-million in deposits. Terms were not disclosed. The transfer of deposits is expected in January, pending approval by the Federal Deposit Insurance Corp. Cornerstone plans to continue operating the office at 12975 Walsingham Road until a permanent freestanding office is available. The Largo office will be Cornerstone's fourth location. A third branch is opening next month in Seminole. Chief executive Robert McGivney said Madison is focusing on its primary service areas of northern Pinellas and Pasco counties.


Latest business news
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  • ThyssenKrupp reports loss of euro1.87 B ($2.8 B)
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