St. Petersburg Times
Online: Business
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January 15, 2003  
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Today’s headlines
Attention, shoppers: It's Kmart-closing time
Seven of the 27 stores in the bay area, and as many as 1,000 workers, will feel bankruptcy's ax this time.

Robert Trigaux: Eckerd waits for the perfect customer
Here's Eckerd Corp.'s vision of its ideal drugstore customer.

Chamber president's contract to continue
The St. Petersburg chamber is set to vote to extend Russ Sloan's contract for two years.

Luxury for the road
Sales of RVs are on the rise despite a sluggish economy, even some elaborate models costing more than $1-million.

GE workers protest health care expenses
The planned two-day strike comes after the company raised some medical co-payments.

Business today
DATEK EXECUTIVES GET FINES: Seven former traders and executives of Datek Online, once heralded as a pioneer in online stock trading, agreed to pay $70-million in fines for what regulators called illegal trading and fraudulent bookkeeping during the market boom of the 1990s. The Securities and Exchange Commission called it one of the largest securities-fraud settlements in history. Regulators said the group of former traders and executives made tens of millions of dollars by engaging in stock fraud that went on for nearly a decade and involved taking advantage of a Nasdaq trading system that was intended to help smaller investors.


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
  • TD Ameritrade fiscal 1Q profit up 5 percent
  • Wells Fargo net rises on deposits, lending growth
  • Citi misses Street; 4Q profit down 11 percent
  • Housing bust still haunts the banks
  • Infosys quarter profit $458M, cuts guidance




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