Print

Email story

Comment

Letter to the editor

5 Big Stories: The Week in Review

A look back at the top Business stories of the past week

By Jeff Harrington, Times Deputy Business Editor
Published July 15, 2007

1. Crist takes on greenhouse gases

Florida's governor forges a deal with the United Kingdom and Germany to fight global warming.

WHAT IT MEANS: Crist is following in the footsteps of California Gov. Arnold Schwarzenegger. The goal: working toward an international system of trading credits to reduce carbon emissions.

2. Pearlman returns to Orlando

The music producer, accused of running a giant Ponzi scheme, returns to his hometown ... in handcuffs.

WHAT IT MEANS: Creditors owed more than $400-million still have little hope of being made whole. But Pearlman will have his day in court, with a trial slated for September.

3. Odyssey ship seized at sea

Spanish authorities boarded a ship off the coast of Gibraltar owned by Tampa treasure hunters Odyssey Marine Exploration.

WHAT IT MEANS: Spain, contending Odyssey has shipped back treasure caught in Spanish waters, is escalating a minor international incident. British-owned Gibraltar accused Spain of "illegal boarding."

4. Boeing debuts the Dreamliner

Boeing unveils its first fully assembled 787 long-distance plane.

WHAT IT MEANS: The 787 will be the world's first large commercial airplane made of lightweight and durable carbon-fiber composites. It will burn less fuel and be cheaper to maintain.

5. 400-plus jobs coming to TIA

The Hillsborough County Aviation Authority negotiates to bring an airplane-maintenance company to the long-vacant US Airways hangar.

WHAT IT MEANS: The hangar has been vacant since 2002, a symbol of airline industry angst. The pending deal with Pemco World Air Services promises up to 450 jobs, many of them for mechanics.

[Last modified July 13, 2007, 20:28:53]