BUSINESS NEWS FOR THURSDAY, JUNE 5, 2003
Erpenbeck buyers off the hook
The last of 211 people who had bought Erpenbeck-built homes - only to find that the company didn't use their money to pay off its construction loans - got the news that those obligations no longer exist.

Delta focus: Labor costs
Delta Air Lines Wednesday announced for the first time particulars behind its effort to cut $2.5 billion in costs by 2005, with "reviewing employee costs" contributing the most out of 15 different initiatives.

Martha Stewart indicted, resigns as CEO
Martha Stewart, the prim perfectionist who became a cultural paragon of taste, style and "good things," was indicted Wednesday in a stock-trading scandal that threatens her media empire and could land her in prison.

What's the Buzz?
The Cincinnati/Northern Kentucky International Airport is allowing more time to pick up or drop off passengers for free.

Morning memo
Hot tips & 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.

House GOP drops comp time bill from vote
WASHINGTON - House Republican leaders yanked an overtime pay bill from today's schedule after failing to find enough votes for passage, a rare win for labor unions in a Congress controlled by the GOP.
Kroger moving to revived mall
ANDERSON TWP. - The Forest Hills Kroger on Beechmont Avenue hopes to have a new home next year - the Anderson Towne Center, formerly Beechmont Mall.
Palm, Handspring to become one
SAN JOSE, Calif. - In hopes of surviving in an ever more crowded industry, handheld computer maker Handspring Inc. plans to merge with Palm Inc. - the very company that Handspring's founders launched a decade ago but broke away from amid management conflicts.
Industry notes: Manufacturing
KDI Precision Products Inc., the Clermont County bomb fuse maker, has received a second large contract from the Department of Defense.
Tristate summary

Business digest

SUNDAY SPOTLIGHT   (Index of Sunday stories)
CSX remotes guide rail-yard trains
Paul Wells eases the lever forward a bit and releases the brake button on his remote control. The train immediately starts rolling down the tracks toward a row of freight cars.


Beach rentals running behind
Millions of Americans have realized that it's a great time to rent a beach property.

Online banking needs wake-up call
When it comes to meeting consumers' needs on the Internet, major U.S. banks might need to click up their efforts to retain business.

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.