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February 18, 2003  
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Tarpon man awarded $13.6-million
A jury sides with the owner of Athle-Tech over the rights to a sports video system.

Business Today
AIRFARE INCREASE SCRAPPED: Five major airlines that tried to raise fares by $10 each way over the weekend rolled back the price increase Monday after Northwest Airlines refused to match it. By noon Monday, American Airlines, United Airlines, Delta Air Lines, Continental Airlines and US Airways had lowered fares back to the levels of Thursday. Continental Airlines began the price increase on Friday when it added $10 each way to nearly all its fares because of what it called "dramatically higher fuel expenses." Northwest executives have said they do not believe the depressed travel market will support fare increases. Northwest also has more cash on hand than some of its competitors, giving it more leeway to cope with lower revenue.


Latest business news
  • Monday's Metal Prices
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  • GAO: Sarbanes-Oxley costs high for cos.
  • London's FTSE-100 index closes down 24.6
  • Calif. attorney general files fourth suit
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  • 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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