As rates rise, home buyers embrace ARMs
Home-hungry and cost-conscious Tristate consumers faced with the prospect of rising conventional mortgage rates are turning in increasing numbers to an option once rendered almost extinct: the adjustable rate mortgage.

N.Ky. bank fights to survive
With federal regulators standing over its shoulder, First National Bank of Northern Kentucky is awaiting approval of a plan outlining how it will maintain an adequate capital cushion. If the plan is rejected, the bank will have to find a buyer or go out of business.

Pros got a look at Cincinnati
The nation's foremost development experts spent much of the past three days in Cincinnati studying obscure industry topics such as tax credit financing and utility deregulation.

Conference can educate
Award-winning businesses will share their stories and strategies at the Baldrige Regional Conference next week in Cincinnati.

Morning memo
Hot tips & news to start your business day.

What's the buzz?
Cincinnati radio industry veteran Frank Wood has agreed to sink up to $5 million into the launch of a new music magazine called Tracks.

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.

RJR to cut 2,600 jobs
CHARLOTTE, N.C. - R.J. Reynolds Tobacco is cutting about 2,600 jobs, or 40 percent of its work force.
Auto union still working GM deal
DETROIT - The United Auto Workers and General Motors Corp., along with major automotive supplier Delphi Corp., continued work toward new labor contracts Wednesday, more than two days after the previous pacts expired.
Turban wearer claims harassment on flight
A Sikh businessman from New Jersey is suing Delta Air Lines over treatment he received on a flight from Cincinnati to Dayton on one of Delta's affiliates.
Milacron sale of unit completed
Milacron Inc. has completed divestiture of its round cutting tool businesses with the sale of its Talbot round-tools business to a private investment group.
Getting a jump on the season

Tristate summary

Business digest

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

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.