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5 Big Stories: The week in business

A look back at the top Business stories of the week

By Jeff Harrington, Times Deputy Business Editor
Published November 11, 2007

1. Southwest targets biz fliers

The low-fare carrier introduces "business select" fares that move passengers closer to the front of the line if they pay $10 to $30 more.

What it means:Southwest, the biggest airline at Tampa International, hopes the change brings in at least $100-million more a year.

2. A brutal November at the pump

Normally, gas prices abate this time of year, but locally, the average cost of regular unleaded topped $3 last week.

What it means:Look for gas to continue to get more expensive amid tight inventories, Middle East turmoil and the slump in the U.S. dollar.

3. HSN goes off on its own

Barry Diller's IAC/InterActiveCorp is spinning off the St. Petersburg home shopping network.

What it means:The spinoff gives HSN chief Mindy Grossman more autonomy as she reports to her own board and stockholders instead of a New York parent.

4. Aqua Dots disaster

The popular bead-based toy made in China is yanked from shelves because of a toxic ingredient making children ill when ingested.

What it means:The drumbeat of toy recalls is making life difficult for retailers eager for a strong start in holiday shopping sales.

5. Hybrids take center stage

It's a new look for the Tampa Bay Auto Show as American automakers give hybrids and flex cars prime display space.

What it means: With prices above $3 for regular unleaded gas and rising, domestic automakers want to catch up with Toyota on the fuel-friendly front.

[Last modified November 9, 2007, 22:32:30]