BUSINESS NEWS FOR TUESDAY, APRIL 9, 2002
N. Ky. to promote Ohio, too
        COVINGTON — “The Southern Side of Cincinnati” has seen a drop in tourism at least partly caused by last year's riots and this spring's boycott of downtown Cincinnati, a tourism official says.

Client loss forces Andersen layoffs
        CHICAGO — Staggered by a rapid loss of clients because of its role in the Enron scandal, Arthur Andersen said Monday that it is laying off about 7,000 employees, or more than a quarter of its U.S. work force.

P&G cuts price of Swiffer WetJet
        Seven months after its introduction, the Swiffer WetJet costs half the price.

Richest pay half of tax bill
        WASHINGTON — Another way the rich are different: They pay the lion's share of the nation's income tax bill. The wealthiest 5 percent pay more than half the taxes, while the bottom half pays just 4 percent.

Morning Memo
        Hot tips and news to start your business day.

Tipsheet improved
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What's the Buzz?
        Cingular Wireless will invest $700 million in five Midwest states, including Ohio and Indiana, this year.

Subsidiary of Kroger loses $30.6M lawsuit
        One of the largest sexual harassment verdicts ever returned — $30.6 million — has been awarded to six women who claimed they were harassed by a manager for a Kroger-owned subsidiary in California.

Tristate Earnings Reports
        Frisch's Restaurants continued to break sales and earnings records last quarter.

Tristate Summary
        Guardian Investments, the Northern Kentucky company that raised $13.5 million with the help of former insurance agent George Fiorini, has agreed to stop violating Ohio securities laws.

Ameritrade acquires Datek
        OMAHA, Neb. — Ameritrade Holding Corp. is buying Datek Online Holdings Corp. for $1.29 billion in stock in a deal that creates the nation's largest online brokerage house in terms of equity trades, the companies said.

Iraq, Venezuela help oil prices to climb
        LONDON — Oil prices surged Monday in a fresh wave of anxiety after Iraq cut off crude exports to demonstrate support for the Palestinians in their struggle with Israel.

Parched soil dries businesses
        HAVRE, Mont. — Mike Williams hasn't sold a $100,000 farm tractor or combine in three years; his implement dealership used to sell between four and nine a year. It's been more than a year and a half since he's even taken home a paycheck.

SUNDAY SPOTLIGHT
More choices in downtown parking
        Tristate commuters have many more choices of where to park in downtown Cincinnati — and can almost pick what they want to pay, a big shift from almost two years ago.
More parking relief on the way

Tariffs kick in, steel prices rise
        As less expensive foreign steel imports are being hit with new tariffs of up to 30 percent, U.S. mills are raising prices to meet increased demand, and some companies might even ration steel.

SPECIAL COVERAGE
Greater Cincinnati 100
        Manufacturing dominates the field among Greater Cincinnati's 100 biggest private companies.
11 companies break into top 100
List of Greater Cincinnati 100