BUSINESS NEWS FOR WEDNESDAY, MARCH 12, 2003
Local index hits a new low
Greater Cincinnati stocks continued to slump Tuesday - pulling the Enquirer 80 Index of local-interest stocks to its lowest point since the index was started.

Airlines ask help with war losses
Airlines are slashing costs but still need billions in tax relief to avoid chaos and bankruptcy if the United States goes to war against Iraq, the Air Transport Association said on Tuesday.

PEALE: What's the Buzz?
Barefoot Advertising has come of age and wants to help others do the same.

Morning memo
Hot tips & news to start our 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.

Making way for new mall
The demolition of Beechmont Mall began this week with the razing of former anchor tenant Parisian.
Kroger meets Wall St. expectations
Kroger Co., the nation's largest supermarket chain, Tuesday posted quarterly earnings in line with Wall Street expectations despite a slow holiday sales season.
Expert: Ohio can choose high-tech economic future
If Ohio - or any city in Ohio - wants to transform itself into a technology-based economy, a carefully chosen strategy can make it happen, one of the state's leading economic development experts said Tuesday.
ImClone's Waksal agrees to fine, ban
NEW YORK - Samuel Waksal, the ImClone Systems founder at the center of an insider-trading scandal, has agreed to an $800,000 fine and a lifetime ban on leading a public company.
Lenders can get $1 million in special grants
About 60 lenders in Greater Cincinnati are eligible to apply for a $1 million grant that could be used to help minorities and those with special needs to purchase homes.
Groups sue about manure rules change
Environmental groups and industry groups are suing the Bush administration over new federal rules intended to protect the nation's waters from the manure pollution of large-scale farms.
OPEC output to stay current, delegates say
VIENNA, Austria - OPEC members have decided to stick with their current crude oil production quotas but are committed to keeping supplies flowing in case of any disruption such as what might result from a war in Iraq, delegates said Tuesday.
Henkel buys stake in Wella
BERLIN - Shares in Germany's Wella rose anew Tuesday on news that consumer-goods company Henkel had taken a 6.9 percent stake in the firm and a report that a takeover bid from Procter & Gamble is imminent.

SUNDAY SPOTLIGHT   (Index of Sunday stories)
P&G gives networking new meaning
The biggest-ever reunion of Procter & Gamble Co. alumni this spring will feature some of the nation's most prominent CEOs.


Federated seeks a makeover of stores
Federated officials say naming four new vice chairmen is more than symbolic. The move underscores the need for cohesiveness among managers as the company struggles out of a slump.

Cheaper college texts online
Atomic Dog Publishing in Over-the-Rhine is taking on the big global monoliths that monopolize university classrooms and bookstores.

Future of music industry where it began
People want to choose and organize music their way, and if the future of music is indeed a singles world, smart businesses will find a way to accommodate it and capitalize on it.

THE GREATER CINCINNATI 100
Top private firms saw recession
Even before the recession hit in March 2001, Greater Cincinnati's largest private businesses saw the tough times coming.

Drees Co. grabs top ranking in the 100
The Drees Co. earned the top spot in this year's Greater Cincinnati 100, but company officials say that the home builder is even bigger now.

Vehicle dealers showed the way
The tech bubble burst, the U.S. economy slumped, and consumers ducked for cover from terrorists.
These 100 show best of can-do spirit
Health care costs bite deep
Accountable to themselves
Habegger posts 50th profit in 50th year
Builder moves up - for now
Floturn flourishes as others fall
Sumerel service adds to revenue
Companies: Outlook for economy is grim
Everclear emerges as true up-and-comer

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.