The Cincinnati Enquirer
Wednesday, August 23, 2000 -- Volume 5, No. 235
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Today's Business
MITSUBISHI ADMITS COVER-UP
        TOKYO — For years, employees at Mitsubishi Motors Corp. tucked consumer complaints about auto defects away by the dozen in a special place marked as "secret."

FEDERATED LAUNCHES KID BRAND
        Your alligators and polo horses may have their place, but it would be hard to find a green dog in most kennels, parks or stores, and that is just how Federated Department Stores likes it.

MITSUBISHI ADMITS COVER-UP
For years, employees at Mitsubishi Motors Corp. tucked consumer complaints about auto defects away by the dozen in a special place marked as "secret."
Latest updates from Associated Press

FEDERATED LAUNCHES KID BRAND
Federated Department Stores has launched a new clothing line aimed at kids, and the $30 billion market clothing market they control.

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Headlines
For past stories, please see BackIssues or use our Search Engine.
National headlines from the AP, updated around the clock.

Business Headlines for  Wednesday, August 23, 2000

Fed eschews interest rate hike for now
        As expected, the Federal Reserve Board left interest rates alone Tuesday, but its statement that it was still poised to fight inflation with future rate hikes wasn't entirely convincing.

Harrah to build office building
        Gambling giant Harrah's Entertainment Inc. tapped a Dallas developer to build a 150,000-square-foot office building near Turfway Park in northern Kentucky.

Industry notes: Retail
        If Art can do it, why not Al? That's the question being asked about JC Penney's turnaround.

Provident expecting drop in earnings/share
        Provident Financial Group Inc. expects that share earnings for this year will be lower than projected because of an accounting change the Cincinnati banking company adopted Tuesday.

Business Digest

Tristate Business Summary

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NEWSMAKERS OF THE FUTURE
Want to know the future? Check out this list. We call it “21 to watch” — 21 rising stars in the fields of news, politics, business, arts and entertainment, food and sports for the 21st century.
21 to watch

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