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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