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February 13, 2003
Today’s headlinesWorkers' comp may get pricier
Insurance rates for businesses could climb in April as much as 13.7 percent, barring legislative action to overhaul the system.
Maxxim files for Chapter 11
The Clearwater medical company employs 468 people in Pinellas County.
Lifetime health care no guarantee
As companies fold, hundreds of thousands of retirees lose promised coverage.
Pinellas loses Canadian and European visitors
More travelers from the Midwest and Northeast counteract the drop, but the trend worries officials.
Business Today
LOW-FARE EXPLORATION ...: AMR Corp.'s American Airlines, the world's largest carrier, is studying whether to follow rivals and create a low-fare unit, chief financial officer Jeffrey Campbell said. Delta Air Lines Inc. plans a discount carrier and UAL Corp.'s United Airlines, operating under bankruptcy protection, also may start one. American, which had a 2002 net loss of $3.5-billion, is struggling to permanently cut $4-billion from yearly operating costs. A low-fare unit is "something we would say we're studying and I wouldn't rule out," Campbell said after a speech at a Deutsche Bank Global Transportation Conference.
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
Headlines from
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