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The Tampa Tribune

Published: March 20, 2009

Free Ice In Spring

You can greet the coming of spring today with ice - free Italian ice, courtesy of Rita's Franchise Co.

More than 500 Rita's Italian Ice stores nationwide will hand visitors a free 10-ounce cup of the stuff from noon to 10 p.m. today. There are seven Rita's stores in the area.

Jobless Record Hit

The Labor Department said Thursday that initial requests for unemployment insurance dropped to a seasonally adjusted 646,000 from the previous week's revised figure of 658,000. That was better than analysts' expectations.

But continuing claims jumped 185,000 to a seasonally adjusted 5.47 million, another record-high and more than the roughly 5.33 million that economists expected.

Cisco Flips For Deal
Cisco Systems Inc. said Thursday it plans to buy Pure Digital, the company behind the popular Flip Video camcorder, for about $590 million in stock.

The privately held Pure Digital sold its first camera less than two years ago, drawing accolades for its ease of use. A feature of the Flip Video is that a USB connector flips out of the case, letting the user connect the camera to a computer.

Suppliers' S.O.S.

The Treasury Department will pump up to $5 billion in financing into troubled auto parts suppliers to prevent an auto industry collapse that could undermine the government's work to restructure General Motors and Chrysler.

The funds will be made available from the government's Troubled Assets Relief Program.

A staff and wire report

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