BUSINESS NEWS FOR TUESDAY, JULY 16, 2002
Online chat: Your investment portfolio
        Members of the Enquirer's Portfolio Panel, a diverse group of investment professionals, will be available noon to 1 p.m. today to offer guidance and insight.

Peoples officers call shareholders meeting
        CRESTVIEW HILLS — For the first time since the eruption of the $107 million Erpenbeck Co. scandal, shareholders of Peoples Bank of Northern Kentucky will get the chance tonight to quiz top officers about the bank's financial condition and the cost of its relationship with the insolvent home builder.

Dow takes big tumble, climbs back
        The drama continued on Wall Street Monday as despondent investors sent stocks skidding before bargain hunters surfaced in late afternoon.


Senate tightens reins on fraud
        WASHINGTON - Without dissent, the Senate on Monday approved the most sweeping changes in corporate accountability since the Depression, creating stiff penalties and jail terms for company fraud and tightening oversight of the accounting industry.

What's the Buzz?
        Like other investors, Hillenbrand Industries Inc. in Batesville, Ind., is feeling the pain from the collapse of telecommunications stocks.

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

Tipsheet improved
        The Cincinnati Enquirer's free daily e-mail business briefing is even easier to receive. How do you get it? Click here to register.

Losses send Armor shares plummeting
        Shares of Armor Holdings Inc., parent of Fairfield's O'Gara-Hess & Eisenhardt Armoring Co., plunged by a third Monday after the Jacksonville, Fla., company said second-quarter earnings will fall because of losses in its services business.

Airlines face criticism over senior-discount reductions
        Tristate travel agents and senior citizens expressed dismay Monday over the weekend decision of the nation's top airlines, including Delta Air Lines, to virtually stop offering seniors 10 percent off leisure fares.

Tristate Summary
        Cincinnati's Convergys Corp. bolstered its voice recognition capability by acquiring the speech solutions business of iBasis Inc. of Burlington, Mass., for $17 million in cash.

U.S. companies' inventories up
        WASHINGTON — U.S. companies, keeping a watchful eye on the unfolding economic recovery, added to their stocks of unsold goods for the first time in 16 months.

Pfizer merger could force consolidations
        NEW YORK — Pfizer Inc. added to its formidable strengths as the pharmaceutical industry's leader with a $60 billion acquisition of Pharmacia Corp. Monday, pressuring its competitors toward similar mergers at a time of slimmer profits and angry consumers.

SUNDAY SPOTLIGHT
Cargo jets raise fear of terrorism
        Several hundred large cargo jets fly in and out of Wilmington and CVG every day. When it comes to security, the companies operating these planes do not face nearly the same scrutiny as their passenger-carrying brethren, leading to worries that air freight firms might be the next target for terrorists.

Dominant banks hold their positions
        Despite multibillion-dollar bank mergers and acquisitions and big name changes during the 1990s, the landscape in the Tristate banking community has not shifted much in the last decade.

SPECIAL COVERAGE
Erpenbeck archive
        A. William Erpenbeck spent years building a company that appears to be crumbling. One of the Tristate's biggest home builders, the Erpenbeck Co., is under federal investigation for a suspected bank fraud that is affecting lenders, subcontractors and home owners. Click here for links to all Enquirer reports.

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