The Cincinnati Enquirer
Friday, August 13, 1999 -- Volume 4, No. 226
L O C A L
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W E A T H E R
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Today's Business
DURAMED PILL APPROVED
        Duramed Pharmaceuticals Inc. moved into the oral contraceptive market Thursday, winning federal approval for the first generic alternative for two popular birth control pill brands.
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National headlines from the AP, updated around the clock.

Business Headlines for  Friday, August 13, 1999

ATP mixes business, play
        Agassi, Rafter and Sampras aren't the only names scoring at the Great American Insurance ATP Championship this week. Add Sprint, Cincinnati Bell and Entex Information Systems to the roster.

Drought, glut squeeze farmers
        Nature and the stingy commodities market may finally have forced Jay Butterfield to do the unthinkable: Consider finding a part-time job to supplement his farming income.

N.Ky. Chamber leader selected
        FORT MITCHELL — The new head of the Northern Kentucky Chamber of Commerce has a background in economic development that should serve the community well, a chamber official said Thursday.

Gibson news as advertised: quarterly loss
        Gibson Greetings Inc. Thursday delivered on its warning and reported a loss in the second quarter, but its chief executive pledged that the card company is dedicated to reducing costs and completing a reorganization plan.

Market for electricity sizzles
        Duke Energy Corp., fresh from investing more than $400 million in merchant power plants near Trenton in Butler County and in Vermillion County in western Indiana, wants to build more of the supplemental generating stations in the upper Midwest.

BET starting online service for blacks
        BET Holdings, which runs four cable channels and three magazines aimed at African-Americans, said Thursday that it would team with three big media companies to launch an Internet portal for blacks.

TRISTATE BUSINESS SUMMARY
        Ohio Gov. Bob Taft on Thursday recognized 12 Cincinnatians with Entrepreneur of the Year awards in Columbus.

INDUSTRY NOTES: MANUFACTURING
        Total machine tool orders in June were an estimated $472 million, down 30 percent from the estimated $676 million a year ago, an industry trade group reported.

PEOPLE ON THE MOVE
        Steven W. Snider has been appointed president of Cadre Computer Resources Inc., a subsidiary of Chemed Corp.

TRISTATE MARKET SPOTLIGHT
        Cintas Corp. continued on a three-day, 15.7 percent skid Thursday.

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