St. Petersburg Times Online: Business
TampaBay.com
Place an Ad Calendars Classified Forums Sports Weather
tampabay.com
Back
Print story Subscribe to the Times

Biz bits

Compiled from Times wires
© St. Petersburg Times
published March 9, 2003

You may be paying a higher income tax rate than some of the nation's largest companies. In 2001, eight of the 30 companies in the Dow Jones Industrial Average, including General Electric and Microsoft, paid taxes amounting to less than 20 percent of their operating profit, according to Bloomberg News data. The top 2001 tax rate for individuals: 39.1 percent.

* * *

A management change at a mutual fund company can raise a red flag. But Morningstar.com says there can be a dramatic turnaround when a skilled manager is brought in from outside. AXP Growth and Neuberger Berman Manhattan added such managers in recent months, and Morningstar.com says there's good reason for optimism.

* * *

A temporary economic downturn may not be good for your bank account, but it may be good for your health. University of North Carolina-Greensboro economist Christopher Ruhm published a study in 2000 estimating that a 1 percent rise in unemployment reduced the death rate by 0.5 percent. In a paper recently published by the National Bureau of Economic Research in Cambridge, Mass., Ruhm explains that when jobs are scarce, both workers and the unemployed are more likely to exercise, eat better and keep doctors' appointments.

* * *

Ever long for a job that would let you see the world? Consider Mike Klinkhammer, who travels the globe for S.C. Johnson & Son to see how people clean their toilets, and then develop appropriate products. "No two people clean their toilet the same way," Klinkhammer has discovered. Fortune.com details this and other examples of what it considers the oddest jobs.

-- Compiled from Web sites and Times wires.

Print story Subscribe to the Times

Back to Business
Back to Top

© 2006 • All Rights Reserved • Tampa Bay Times
490 First Avenue South • St. Petersburg, FL 33701 • 727-893-8111
 
Special Links
Stocks


From the Times
Business report
  • Biz bits
  • Discount drugs: cure or placebo?
  • Online, phone tax filings satisfy the need for speed
  • Money panel
  • 10 tips: How to pay less at the pump
  • Helen Huntley: Investors still wary even if stocks are 'on sale'

  • From the AP
    Business wire


    From the state business wire

  • Judge denies dismissal of Citigroup shareholder suits
  • Carnival to buy 4 cruise ships from Italian builder

  •