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In brief

By Wire services
Published August 23, 2006

Store chain cashes in on girl power

Tween Brands, a clothing chain that targets the 7 to 14 age group, scores big when it sticks to that demographic.

Downtown leader has cancer surgery

Donald Shea, president of the St. Petersburg Downtown Partnership, is recovering at home following colon cancer surgery at St. Anthony's Hospital Friday. "The doctor's very positive, but they're waiting for the pathology report," said Eric Carlson, the partnership's transportation director. He said Shea probably will be out of the office a couple of weeks. The partnership, funded by businesses, promotes downtown growth and redevelopment.

Accused banker Quattrone off hook

Frank Quattrone, the top investment banker accused of wrongdoing after the collapse of the technology bubble, won't face prosecution and can return to work in the securities industry. A judge in New York approved an agreement Tuesday under which federal prosecutors will drop obstruction-of-justice charges against Quattrone, former head of Credit Suisse Group's global technology unit, if he doesn't break the law for a year. Quattrone, 50, won't serve jail time or pay a fine.

IMF chief economist returning to teach

The International Monetary Fund's chief economist since 2003 announced Tuesday he will step down and return to the University of Chicago early next year. Raghuram Rajan said he was asked by the lending institution to stay for a second, three-year term, but the university, where he had worked as a professor, indicated that it wouldn't extend his leave of absence.

Executives changing jobs at a frantic pace

Top executives at U.S. companies switched jobs more than twice as often in the first seven months of this year than in 2005 as managers come under greater pressure from regulators and shareholders. Some 17,612 managers from chief executive officers to vice presidents changed jobs through July, more than twice the 7,251 during the same period in 2005, New York- based Liberum Research.

CORRECTION

Tampa pub Four Green Fields has not yet selected a company to build its proposed robotic-parking garage. A story in Monday's Business section was unclear on that point.

[Last modified August 23, 2006, 01:08:42]

  • A cost cutter entering market
  • Back to normal, almost
  • Lawyers vs. insurers a stormy battle
  • On economy, no real answers
  • Illegal worker hirings fought with lawsuits
  • On the web
  • Talk of the day
  • Think young, think rich
  • 'Wal-Mart' in Japan sees losses
  • IRS outsourcing plan heading for a fight

  • Business
  • Car buyers don't buy it

  • Digest
  • In brief
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