Industrial slump longest in 69 years
WASHINGTON -- Aftershocks from the terror attacks helped to depress industrial activity in October for the 13th straight month, the longest stretch of declines since the Great Depression. All the economic weakness, however, had a silver lining: Consumer prices fell.
Utility proposes variable rate fees
Under Florida Power's plan, residential charges would be based upon customers' level of use.
Business digest
KNIGHT RIDDER LOWERS OUTLOOK: Knight Ridder Inc. reduced its full-year profit forecast of $2.91 a share by about 10 cents, blaming a deepening slump in advertising sales. October revenue for the publisher of the Miami Herald and other newspapers dropped 12 percent from a year ago. Total ad revenue fell 14 percent, while revenue from employment ads plunged 50 percent last month. Knight Ridder's shares fell $1 to $60.80.