The Cincinnati Enquirer
Saturday, July 15, 2000 -- Volume 5, No. 196
L O C A L
S P O R T S
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W E A T H E R
T R A F F I C
Today's Business
COX BUYS AREA NEWSPAPERS
Cox Newspapers Inc. on Friday killed a proposed deal by Thomson Corp. to sell the Middletown Journal, the Journal News in Hamilton and 10 non-daily Southwest Ohio newspapers to Gannett Co. Inc.

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Headlines
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National headlines from the AP, updated around the clock.

Business Headlines for  Saturday, July 15, 2000

Brown family, IRS at it again
        WASHINGTON — For Cincinnati Bengals owners Peter and Mike Brown, the tax man just keeps calling the wrong numbers.

Lawyers find city ripe for growth
        When Squire, Sanders & Dempsey in Cleveland started looking at Cincinnati last year, it saw huge corporations, healthy midsized businesses and plenty of local law firms to serve them.

Buyers narrowly rescue Longworth's from auction
        The slipperiest item on Longworth's menu Friday happened to be the restaurant itself, as owners managed to avoid an auction of the Mount Adams business just as the bidding was to begin.

Earnings: Fifth Third Bancorp
        Higher fee income, loan growth and expense control helped Fifth Third Bancorp ring up a 19 percent increase in second-quarter profits, before merger-related charges.

P&G takes aim at mops, buckets
        Procter & Gamble has introduced a new floor-cleaning product under its Swiffer brand that promises to eliminate the need for traditional mops and buckets.

Personal Finance
        Stock Market 2000 began as a lesson in paradox.

Rising interest rates changing minds of first-time buyers
        Real estate agent Dawn Rish says she gets such a kick out of getting people into their first home that she dedicates more than a third of her time to them.

Savvy Strategies
        If you own a vacation home that you rent out part of the year, don't forget to look for the tax deductions it affords.

The Sophisticated Investor
        If you think you really can get something for nothing, you probably believe in Atlantis, the Wee Folk and the claims of unscrupulous salesmen.

Tristate Business Summary

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