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Friday, January 19, 2001

Tristate Business Summary




Phone can keep dinnertime quiet

        Cincinnati Bell is offering a new custom-calling feature to prevent phone calls from interrupting dinner or a nap.

        Called “Quiet Time,” the new service allows customers to block incoming calls at any time they choose while not affecting outgoing service. It also allows up to five callers, authorized by the subscriber, to ring through even when the call blocking service is on.

        When activated, Quiet Time blocks incoming calls and callers hear either an announcement that the customer is unavailable or the call is forwarded to a voice mailbox.

        No special equipment is required. Cost is $3 a month or is free to subscribers to Complete Connections and Complete Connections Universal services.
       

EC pooh-poohs Chiquita claim

        The European Commission said Thursday that its trade battle with Europe was not responsible for the financial woes at Chiquita Brands International Inc.

        Cincinnati-based Chiquita on Tuesday said it would stop payments on $862 million in debt and negotiate with bondholders to convert that debt to common stock. Chiquita blamed the financial problems on its eight-year trade battle over European banana quotas.

        Speaking in Brussels, EC spokesman Jean-Christophe Filori said Chiquita's competitors were doing fine in Europe.

        “We deny any link with the bad performance of this company,” Mr. Filori said, according to Bloomberg Business News.
       

— From staff reports

       



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Earnings: Delta posts decline
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Quick labels boost soap maker
Quick study needed on Chiquita issue
Clinton trade team passes baton
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Business Digest
- Tristate Business Summary
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