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Loose change

Compiled by CATHY KEIM from Times wires

© St. Petersburg Times, published December 3, 2000


HOW NOT TO RUN A BUSINESS: Six veterans of Long-Term Capital Management hope clients want to learn from their former company's mistakes. They started GlobeOp Financial Services to help hedge funds avoid disasters such as Long-Term Capital's $3.63-billion bailout.

BERRIES ABROAD: What to do with a cranberry glut? Sell them to Japan. Ocean Spray is quadrupling its marketing budget in Japan, whose appetite for the berries is growing.

52-MILLION: That's how many American adults regularly use the Internet to find health information, according to a study by the Pew Internet and American Life Project. That's slightly more than half of Americans over age 18 who have Internet access.

MOVE TO WASHINGTON? Average pay rose 8 percent in that state last year, nearly double the 4.3 percent increase nationwide, the Bureau of Labor Statistics says. The smallest increase: Alaska, at 0.6 percent.

SITTING ON A SMALL FORTUNE: The average household has $30 to $50 in coins hidden under sofa and chair cushions, in dresser drawers and in piggy banks, according to the U.S. Mint and Coinstar, a Bellevue, Wash., operator of automated coin-counting machines.

MEMBERSHIP HAS ITS PRIVILEGES: The AFL-CIO's workingfamilies.com Web site offers union members the George Foreman Lean Mean Fat Reducing Grill for $54.99, $5 off the list price.

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