BUSINESS NEWS FOR TUESDAY, JUNE 4, 2002
Andersen employees defecting
        Eight of the 12 partners in Cincinnati's Arthur Andersen office have been hired locally by Deloitte & Touche, along with almost 100 other employees of the embattled accounting firm.

Erpenbeck camp claims forgery
        Forgery has once again been claimed in an Erpenbeck Co. transaction, this time by the Erpenbeck camp itself.

Tourism goes regional
        Pooling their resources, tourism officials from Northern Kentucky, Warren County and Cincinnati today are expected to announce the start of a “Summer Regional Campaign.”
State pulling travel brochures that promote Indiana casinos

What's the Buzz?
        Hot tips and news to start your business day.

ECKBERG: Guerrilla marketing worth it
        The pair of razors came in the mail earlier this spring to Anderson Township resident Ginnie Gillette. Schick had sent them, and their strategy soon became pretty apparent: Gillette choses Schick.

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.


REGIONAL AND NATIONAL HEADLINES
Top exec's exit is latest blow for Tyco
        CONCORD, N.H. — Dennis Kozlowski, the dealmaking titan who built Tyco International Ltd. into a massive conglomerate with 277,000 employees, resigned Monday to face an investigation over possible sales tax evasion.

Woman is executive editor of Detroit Free Press
        DETROIT — Carole Leigh Hutton, managing editor of the Detroit Free Press since 1996, was named executive editor Monday, becoming the first woman to serve as top news executive at the paper.

Automakers looking up
        DETROIT — The two biggest U.S. automakers, General Motors Corp. and Ford Motor Co., each reported double-digit percentage sales declines in May while the Chrysler Group of DaimlerChrysler AG showed a 4 percent increase for its second consecutive monthly sales gain.

ISM bolsters recovery hopes
        NEW YORK — Manufacturing activity grew last month at the fastest pace in more than two years, bolstering hopes that recovery in the battered sector is gaining momentum.

Libel on the Internet?
        RICHMOND, Va. — A federal appeals court heard arguments Monday on whether newspapers that post stories on the Internet can be sued for libel in states outside their local market.

Microsoft, SEC settle complaint
        WASHINGTON — Microsoft Corp. settled allegations of misrepresenting its financial performance by agreeing to refrain from improper accounting procedures, the government and the company said Monday.

Napster's newest chapter: 11
        SAN FRANCISCO — Napster Inc. sought bankruptcy protection Monday as part of a financial housecleaning mandated by Bertelsmann AG, the music industry heavyweight that hopes to buy and then revive the idle Internet music-swapping service.

Prosecutors imply Riley should have expected inquiry
        HOUSTON — A former Securities and Exchange Commission investigator working at Arthur Andersen LLP should have anticipated an agency inquiry and made sure Enron-related documents were preserved, according to prosecutors trying to convict the firm of obstruction of justice.

Software glitch cancels Knight trades
        NEW YORK — The Nasdaq Stock Market and the Cincinnati Stock Exchange both say they are canceling many trades in Knight Trading Group Inc. stock that were executed at erratic prices Monday morning.

StarBand claims merger was blocked
        NEW YORK — StarBand, a satellite-based Internet service, has filed for bankruptcy, accusing former partner EchoStar of trying to force its failure as a tactic in its bid to merge with satellite rival DirecTV.

Business Digest
        USA Interactive on Monday announced a multibillion-dollar plan to increase its equity ownership in three publicly traded subsidiaries, Expedia Inc., Hotels.com and Ticketmaster, by purchasing their shares with as much as $4.5 billion worth of its own stock.

Tristate Summary
        Cincinnati based Multi-Color Corp. Monday announced the purchase of Quick Pak Inc.

SUNDAY SPOTLIGHT
Jungle Jim's becoming a city
        Orlando can have its Disney World. Fairfield soon will get a “Food World,” an amusement park built around grocery shopping and eating. That's what Jim Bonaminio calls his plan for a massive expansion of Jungle Jim's International Farmers Market.

Music labels try to adapt to new technology
        The cassette tape brought predictions of the end of the music industry, but new musical styles and the new technology of the compact disc allowed it to flourish. And many record executives look to that time in hopes they can respond creatively to overcome the current crisis.
Musicians have the power in some ways
MP3 format boosts music options

What's the Buzz?
        The Procter & Gamble Co. influence is creeping into advertisements for its newest acquisition, Clairol.

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.

Greater Cincinnati 100
        Manufacturing dominates the field among Greater Cincinnati's 100 biggest private companies.
11 companies break into top 100
List of Greater Cincinnati 100