BUSINESS NEWS FOR SATURDAY, AUGUST 2, 2003
FDA lifts olestra warnings
Bags of snacks made with Procter & Gamble's olestra fat substitute no longer must carry labels warning of abdominal discomfort, the Food & Drug Administration said Friday.

Wraps off grocery's makeover
Customers began pumping gasoline for the first time this week at the new fuel center at the Hyde Park Plaza Kroger, signaling the near-completion of the multimillion-dollar expansion of the largest and most profitable store in the Kroger chain.

Jobless rate down, but jobs fewer
The nation's unemployment rate dipped to 6.2 percent in July, but businesses cut jobs for a sixth month in a row. With jobs scarce, close to half a million people gave up looking.

What's the buzz?
Two months after throwing her support behind industry-backed rules governing the use of credit reports by insurance underwriters, Ohio Insurance Director Ann Womer Benjamin is calling for strict compliance.

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.

Critics push for home-loan changes
WASHINGTON - Carolyn Carter was eager to close on her first home, but when she got to the settlement table and read the fine print, she found the costs were $6,000 more than expected, and the interest rate was higher. She walked away.
Big 3 auto sales rise, but still below '02 level
DETROIT - Detroit's Big Three automakers each reported that July sales declined from a year ago, but last month's industrywide results were the best so far this year, and automakers appear optimistic about prospects for the rest of 2003.
Chiquita reports higher earnings
Chiquita Brands International Inc. said its second-quarter earnings rose more than 18 percent after the sale of two divisions allowed it to reduce debt and focus on its fresh-fruit business.
Higgins: Personal Finance
Interest rates are on the rise, and that could mean trouble ahead for bond portfolios.
Tristate summary

Business digest

SUNDAY SPOTLIGHT     (Index of Sunday stories)
Business reform beginning to have impact
NEW YORK - The scandals thundered across the headlines like a noisy storm, failures so spectacular their names now seem synonymous with corporate ruin: Enron, WorldCom, Tyco, Adelphia.
First prosecution under new accounting law looms
Reform's authors see a good beginning
Off-books activity restricted

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.