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March 28, 2003  
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Today’s headlines
US Air schedule casualty of war
Following the lead of other carriers, airline decides to cut 4 percent of flights.

Overtime overhaul on the agenda
Proposed changes to who gets time-and-a-half will be the buzz around watercoolers.

Economy slides in first quarter
Even optimists predict lackluster growth with climbing joblessness, energy prices and global unrest.

War puts oil traders over a barrel
NEW YORK -- Oil prices rose above $30 a barrel Thursday for the first time since war broke out in Iraq, as concerns about worldwide supplies replaced early hopes for a quick end to the military conflict.

Automakers take aim at armored car market
As concern for personal security has risen after Sept. 11, armored vehicles are in increasing demand.

FDA tries to dam flood of drugs from Canada
The feds are taking a dim view of the growing number of businesses helping to bring cheaper prescription drugs into the United States.

FDA tries to dam flood of drugs from Canada
The feds are taking a dim view of the growing number of businesses helping to bring cheaper prescription drugs into the United States.

Business today
PSC TO VOTE ON REFUND: The Florida Public Service Commission plans to vote May 6 to resolve a dispute between Progress Energy Florida Inc. and the Office of Public Counsel over how large a refund the St. Petersburg utility owes its customers under a rate-reduction settlement reached last year. At stake is an $18.2-million discrepancy between the two sides' calculations. Representatives of Progress, the public counsel and the PSC staff met Thursday in a sometimes-testy discussion about the issue. Progress executives argued that adjustments they made in the refund's calculations were "implied" in last year's agreement. Public counsel Jack Shreve countered, "The agreement is exactly what we agreed to ... . We want the agreement as it stands."


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
  • ThyssenKrupp reports loss of euro1.87 B ($2.8 B)
  • Tiffany raises outlook as 3Q profit comes in ahead
  • Deere reports 4Q loss on charges, lower sales
  • Earnings schedule for week of 11/30/09
  • Wimm-Bill-Dann Foods 3Q profit up on lower costs




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