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December 5, 2002
Todays headlinesLawsuit: HSN did not pay overtime
Former producers say they were wrongly denied pay. The suit seeks class-action status.
Pension fund to add venture capital
To diversify, Florida fund administrators will set aside $300-million for relatively high-risk venture capital investments.
MarineMax wants vacationers to take new boat back home
Winter is not an ideal time for boat sellers working in cold climates.
Bush says Florida fine investment
TALLAHASSEE -- In this town, talk of the state's finances is dour: a looming budget crisis worsened by expensive, voter-approved caps on classroom size.
United move unlikely to affect fliers for now
Questions and answers about United Airlines in light of its request for a $1.8-billion government loan guarantee being rejected Wednesday:
Expedia to charge $5 a ticket
The online reservation service hopes the fee makes up for lost airline commissions.
Mutual fund companies pressured on proxies
BOSTON -- When the markets were up, John Duprey didn't give much thought to how mutual fund managers voted his shares in proxy elections. But with the markets still down and the memory of corporate scandals fresh, the issue has gained his attention.
Business Today
PRODUCTIVITY, FACTORY ORDERS RISE: Companies' productivity grew briskly in summer and orders to factories rose in October for the first time in three months, suggesting the struggling economy will avoid falling into a new recession. Productivity, the output per hour of work, grew at a sizzling annual rate of 5.1 percent in the third quarter, the Labor Department said. The performance was better than the 4 percent growth rate estimated a month ago and was a rebound from 1.7 percent in the second quarter. The Commerce Department said factory orders rose 1.5 percent in October after falling in August and September. Big-ticket goods, like cars and household appliances, posted a 2.4 percent increase and "nondurable" goods, such as clothes and food, rose 0.6 percent.
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
Pep Boys posts profit on higher revenue
Profit jumps 22 percent at Casey's during 2Q
Earnings Preview: Kroger Co.
Earnings Preview: Brown-Forman Corp.
Novell posts wider 4Q loss on charges
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