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October 20, 2000

State seeks to cut port drug traffic
photo
[Times photo: Skip O'Rourke]
Officials want to tighten lax security at the state's ports. Tampa's director is responsive but questions costs and logistics.
Robert Trigaux
Federal subpoena latest wave of trouble at Carnival
Just when struggling Carnival Corp. thought it was safe to go back into the water, here comes the most unpleasant of deliveries.

TECO's earnings increase 20 percent
TAMPA -- TECO Energy Inc. continued its comeback from a dramatic slump in 1999, posting a 20 percent gain in earnings per share during the third quarter.

Critics fire away at Walter meeting
The troubled Tampa business says it will narrow its focus as it stabilizes its management, words that shareholders wanted to hear.

Business today
TRADE DEFICIT FALLS: America's trade deficit shrank to $29.4-billion in August, the lowest level in six months. The Commerce Department said U.S. exports and imports climbed to record levels. The August imbalance between what America sells abroad and what it buys from foreign nations dropped by 7.1 percent from the record high of $31.7-billion set in July. Even with the August improvement, the deficit for this year is running at an annual rate of $353-billion, far above last year's record deficit of $265-billion.

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