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5 Big Stories: The Week in Business

1. Passengers stranded

across the country

American Airlines grounds more than 3,000 flights during the week over maintenance issues.

What it means: It could be a long, disruptive summer for fliers. The Federal Aviation Administration's round of inspections involving MD-80 jet wiring is expected to stretch into June.

2. Danka is sold for

$240-million

The St. Petersburg company, which sells and services office imaging equipment, is sold to Konica Minolta.

What it means: Danka never recovered from its ill-timed and costly acquisition of Eastman Kodak's office-imaging business. Shareholders will be fortunate to get as little as 10 cents a share after debts are paid.

3. Lawmakers approve

Guns-At-Work bill

The measure would ban Florida companies from barring employers or customers from bringing firearms and leaving them in locked vehicles.

What it means: The National Rifle Association is celebrating winning a three-year fight, but the battle is headed to the courts pending the governor's signature.

4. OSI looks for brand buyers

The Tampa parent of Outback Steakhouse reportedly is fishing for buyers for two of its chains: Cheeseburger in Paradise and Roy's.

What it means: After selling most of its stake in Lee Roy Selmon's barbecue chain last year, OSI is eager to shed more underperforming, smaller businesses.

5. Yahoo weighs its

partnership options

The search engine considers joining forces with AOL to

stave off Microsoft's bid.

What it means: Yahoo, which is testing a rare partnership with Google, is doing its best to control its own fate … or at least drive up the price tag of a Microsoft takeover.

Compiled by Jeff Harrington, Times deputy business editor

5 Big Stories: The Week in Business 04/12/08 [Last modified: Saturday, April 12, 2008 4:33am]
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  1. Trump shuts down CEO advisory councils as main group acts to disband

    Business

    President Donald Trump's main council of top corporate leaders disbanded on Wednesday following the president's controversial remarks in which he equated white nationalist hate groups with the protesters opposing them. Soon after, the president announced on Twitter that he would end his executive councils, "rather than …

    President Donald Trump meets with Merck's chief executive, Kenneth Frazier, second from left, and other leaders of the pharmaceutical industry in the Roosevelt Room of the White House last January. On Wednesday, Trump's main council of top corporate leaders disbanded following the president's controversial remarks in which he equated white nationalist hate groups with the protesters opposing them.
[New York Times file photo]
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    Real Estate

    TAMPA —Eleven years after plans to develop a waterfront tract on the Tampa side of the Gandy Bridge were first announced, a new rendering gives a hint of what Westshore Marina District ultimately will look like.

    Rendering of Marina Pointe, a condo project overlooking Tampa Bay as part of the Westshore Marina District. [Courtesy of Masterfile Corp.}
  3. Buddy Brew Coffee to open downtown Tampa location

    Business

    TAMPA — Buddy Brew Coffee plans to open a new location in downtown Tampa at Park Tower in early 2018. The specialty coffee craft roaster, which was founded in 2010, has five other locations throughout Tampa including the Oxford Exchange, Sarasota, Hyde Park Village and Terminal F inside the Tampa International …

    A cappuccino is displayed at Buddy Brew in Tampa in January 2017. [CHARLIE KAIJO | Times]
  4. Where to pig out for National Bacon Lovers Day

    Food & Dining

    That's right: Sunday is the national day devoted to all things bacon, National Bacon Lovers Day. Which, really, isn't too different from the other 364 days of the year. But here's a little roundup of some special places to celebrate everyone's favorite meat snack (seriously, even vegans have a grudging respect …

    A creme-filled doughnut topped with maple frosting and bacon at Dough on MacDill Avenue in Tampa.
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    Business

    ST. PETERSBURG — The Penny Hoarder on Wednesday further cemented its reputation as one of the country's fastest growing companies. The personal finance web site business ranks 25th nationwide and tops in the Tampa Bay market for growth on the 2017 Inc. 5000 list of fastest growing businesses.

    Vishal Mahtani (left), vice president of business development, Alexis Grant (center), executive editor, and Kyle Taylor, CEO and founder of The Penny Hoarder, celebrate the news with their staff  Wednesday of making the new Inc. 5000 ranking of fastest growing companies in the country. They enjoyed champagne during a catered lunch at their office in downtown St. Petersburg after ranking 25th nationwide and tops in the Tampa Bay market for growth on the just released 2017 Inc. 5000. [DIRK SHADD   |   Times ]