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The Tampa Tribune

Published: January 12, 2008

NATION

Delta Mum On Mergers

Delta Air Lines officials were mum Friday on the outcome of a board meeting at which executives could get the green light to enter formal talks with two competitors about a combination. Asked whether the meeting in New York had been completed, board member Walter Massey responded, "I can't talk about that." He then hung up the phone. Atlanta-based Delta declined to comment. Two people familiar with the situation said Delta's board may be asked to allow formal talks between Delta and Northwest Airlines and UAL Corp.'s United Airlines, with the idea that Delta would choose to combine with one of the two.

Cleveland Sues 21 Banks

Cleveland, an epicenter of the nation's home foreclosure crisis, has sued 21 banks and claimed their subprime lending practices created a public nuisance that hurt property values and city tax collections. The lawsuit was filed Thursday in Cuyahoga County Common Pleas Court and seeks to recover hundreds of millions of dollars in damages, including lost taxes from devalued property and money spent demolishing and boarding up thousands of abandoned houses.

Robertson May Buy Paper

Religious broadcaster Pat Robertson may make an offer for The Virginian-Pilot, a daily newspaper he has criticized for its coverage of him. The Pilot is the flagship newspaper of Norfolk-based Landmark Communications, which said last week that it was evaluating whether to sell all its assets, including The Weather Channel. "Although the price for The Weather Channel is a little rich for my blood, I am considering a potential bid for The Pilot and have asked my attorneys to look into it," Robertson, founder and chairman of the Christian Broadcasting Network, said in an e-mail statement.

Disney Creates CMO Job

Disney aficionados might consider applying for a newly created position, chief magic official, as an ambassador for its 2008 theme, "The Year of a Million Dreams." Applicants must take an online test at DreamCMO.com and submit a video resume to qualify.

WORLD

Nissan, Chrysler Make Deal

An agreement for Nissan to build small cars for Chrysler to sell in South America is part of Chrysler's plan to become more global, Chrysler said Friday. The two automakers announced the deal Friday to have Nissan supply versions of its Versa subcompact for Chrysler to sell in undisclosed parts of South America. Terms were not disclosed.

A staff and wire report

Watch the Tribune's Business report at 5, 6 and 11 a.m. Tuesday to Friday and 9 a.m. Saturdays on WFLA-TV.

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