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Chip Ganassi shocked the NASCAR industry when he shut down Dario Franchitti's unsponsored race team, putting last year's IndyCar Series champion and 71 other employees out of work. That it happened to Ganassi, a multi-car owner who six weeks ago won the Indianapolis 500, was a wake-up call to every team owner not named Childress, Gibbs, Hendrick or Roush. ...more
July 16, 2008
Thinking 'out loud until it started to hurt... Chinese 'officials announced that dog meat, a local favorite, will be removed from menus of officially designated Olympic restaurants during the Summer Games, and Beijing tourism officials are telling other outlets to discourage consumers from ordering dishes made from Fido. I wonder if that also includes no Great Danish for breakfast. ...more
July 12, 2008
TAMPA – More than a dozen local Church's Chicken fast food outlets will be put on the block next month when the company that operates the restaurants sells its assets under the approval of a federal bankruptcy judge. ...more
July 2, 2008
For the past two years, the home-building industry has been going through a correction. Builders have watched the market turn from "red-hot speculator driven buying" to one overstocked with finished homes, says Gregg Carlson of Maronda Homes. Couple this excess inventory with a mortgage industry meltdown and it's easy to understand why many home builders find themselves fighting for survival, he says. ...more
June 22, 2008
In early 2006, Tampa developer Ed Oelschlaeger was at the height of his career. ...more
June 21, 2008
Mobs of fans greeted the opening this week of build-it-yourself furniture chain Ikea's first store in New York City - but the fervor is masking shoppers' underlying frugality. ...more
June 20, 2008
Developer Michael DeMarcay never considered putting condominiums on the 7.9 acres that Synergy Properties bought from the city five years ago. ...more
June 18, 2008
Mesa will file for bankruptcy protection by July 20 and cut 700 jobs - 14 percent of its work force - if Delta's termination of a regional flying contract sticks and Mesa can't redeploy unused aircraft, a senior executive for the Phoenix-based carrier said Tuesday. ...more
May 28, 2008
Higher fares and new fees are irritating air travelers, but airlines still can't raise money or cut flights fast enough to cover ever-higher fuel prices. ...more
May 23, 2008
Federal authorities, responding to the subprime-mortgage crisis, have formed a task force to determine whether lenders or Wall Street firms participated in fraud. ...more
May 6, 2008
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