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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. First WannaCry, now cyberattack Petya spreads from Russia to Britain

    Business

    Computer systems from Russia to Britain were victims of an international cyberattack Tuesday in a hack that bore similarities to a recent one that crippled tens of thousands of machines worldwide.

    A computer screen cyberattack warning notice reportedly holding computer files to ransom, as part of a massive international cyberattack, at an office in Kiev, Ukraine, on Tuesday.  A new and highly virulent outbreak of malicious data-scrambling software appears to be causing mass disruption across Europe.
[Oleg Reshetnyak via AP]
  2. Higher Social Security payouts help Florida post a big jump in personal income

    Personal Finance

    Personal income grew 1.3 percent in Florida in the first quarter of this year, a four-way tie among all states for second-fastest growth behind Idaho.

  3. U.S. Rep. Charlie Crist and estranged wife Carole put Beach Drive condo on the market

    Real Estate

    ST. PETERSBURG — U.S. Rep. Charlie Crist and his estranged wife, Carole, have put their Beach Drive condo on the market for $1.5 million.

    Former Florida Gov. and current U.S. Rep. Charlie Crist and his estranged wife, Carole, have put their condo in downtown St. Petersburg on the market for $1.5 million. [Courtesy of Rhonda Sanderford]
  4. Trigaux: Task now is for Water Street Tampa to build an identity

    Business

    Adios, VinikVille! Hello Water Street Tampa.

    An aerial rendering of the $3 billion redevelopment project that Jeff Vinik and Strategic Property Partners plan on 50-plus acres around Amalie Arena.
[Rendering courtesy of Strategic Property Partners]
  5. Unlicensed contractor accused of faking death triggers policy change at Pinellas licensing board

    Local Government

    The unlicensed contractor accused of faking his death to avoid angry homeowners has triggered an immediate change in policy at the Pinellas County Construction Licensing Board.

    Last year Glenn and Judith Holland said they paid a contractor thousands of dollars to renovate their future retirement home in Seminole. But when they tried to move in on Dec. 14, they said the home was in shambles and uninhabitable. They sent a text message to contractor Marc Anthony Perez at 12:36 p.m. looking for answers. Fourteen minutes later, they got back this text: "This is Marc's daughter, dad passed away on the 7th of December in a car accident. Sorry." Turns out Perez was still alive. Now the Hollands are suing him in Pinellas-Pasco circuit court. [LARA CERRI   |   Times]