BUSINESS NEWS FOR THURSDAY, JANUARY 29, 2004
Cheap(er) gas, could it catch on?
Greater Cincinnati gasoline prices continue to peak at all-time highs for this time of year, but there is at least one oasis in a stormy marketplace.

Erpenbeck items to sell on Internet
The last of Bill Erpenbeck's family possessions seized by the FBI will be auctioned off next month - on the Internet.

Kroger garage condos debated
When City Council agreed in November to spend $12 million to build a parking garage for the Kroger Co., city officials touted the deal as a way to keep Cincinnati's largest private employer and trigger Over-the-Rhine development.

Peale: Florence not eager for Citigroup expansion
Don't expect Northern Kentucky officials to chase a Citigroup Inc. expansion, which might go to the company's Louisville call center.

P&G looks long term
With strong financial results and its competitors reeling, Procter & Gamble Co. has the luxury of bolstering parts of its far-flung global operation that might not be growing as fast as it would like.

Business meetings this week
Announcements of meetings and seminars, and instructions for listing your event.

Business people
Promotions & new on the job.
MORE BUSINESS NEWS
2 bankruptcy measures merged
WASHINGTON - House Republicans decided Wednesday to try to force Senate Democrats to accept their version of a bankruptcy bill by combining that legislation with a bipartisan bill offering bankruptcy help for farmers.
Forest Park firm to expand
FOREST PARK - A tax break designed to attract companies here is starting to pay off for the city. A pharmaceutical distributor that moved in last year says business is so good, it can't hire people fast enough.
Senate passes bill to help preserve private pensions
WASHINGTON - The Senate, acting with rare election-year concord, passed a bill Wednesday to reduce by $96 billion the payments companies will have to make into their pension plans this year and next.
Caller ID forced on telemarketers
WASHINGTON - Starting today if you have Caller ID, you'll know when a telemarketer is trying to reach you.
General Cable loses $10.6M in 4th quarter
General Cable Corp., the cable and wire maker based in Highland Heights, reported a loss for the fourth quarter of $10.6 million, or 30 cents a share, including charges for debt refinancing and manufacturing streamlining.
Durable goods orders stagnant
WASHINGTON - Orders for big-ticket goods were flat in December after taking a dive in November, highlighting the struggles America's manufacturers are encountering as they try to get on firm footing. The pace of new-home sales also slowed last month.
Fed keeps rate but hints at change
WASHINGTON - The Federal Reserve left a key short-term interest rate at a 45-year low Wednesday but dropped a promise that it had been making since August to keep rates low "for a considerable period."
Stewart watchers eager to hear brokerage aide
NEW YORK - Jurors at the Martha Stewart trial will have to grapple with two distinct images of the government's star witness: Was he a star-struck liar, or an impressionable young man caught up in someone else's crime?
Business Digest

Business summary

SPECIAL COVERAGE
Special Report: P&G's Russian Frontier
In a three-day series, The Enquirer's Cliff Peale reports from Russia on Procter & Gamble's manufucturing and marketing drive there and the implications for Greater Cincinnati.
SUNDAY STORIES:
Booming market bears potential and challenge
It's not like Kroger: 'Stores' make selling a challenge
New economy holds instability and risk
Overseas sales have big impact back home
MONDAY STORIES:
Making cleaning products, two worlds meet
Q&A: Former dancer takes giant leap
TUESDAY STORIES:
Europe teaches lessons about style
Vanity products are a gamble for Procter

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 ownars. Click here for links to all Enquirer reports.