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Business





PHILADELPHIA BUSINESS  


   Till joblessness do us part?
Coping with the financial and emotional effects of unemployment can be tough on marriages.


STOCK MARKET REPORT  

   Dow, Nasdaq Down Slightly
Profit-taking and a lack of significant earnings news pressured stocks Monday, but Wall Street nonetheless was holding its own after three weeks of gains.




TOP NATIONAL BUSINESS STORY  

   Consumer gloom may cause new recession
The struggling U.S. economy could slip back into recession if consumers don't start feeling more upbeat soon, the director of a widely-watched consumer research report said Monday.


TODAY'S COLUMNS  

   When it comes to the economy, nothing's always true
Andrew Cassel | For every trend, there's a countertrend. The bottom line is the need to respond to the demands of consumers.

RELATED LINKS:
Peter Binzen | Precision products - and people
Jeff Brown | Before rates dip, purchase Patriot bonds
FAQ | With proper Windows, IE, alphabetize your Favorites

BUSINESS SPOTLIGHT  


   Victims of a mill death
Change, it is said, can bring opportunity. For Sandra Morris, it was wrenching. First she lost her cotton mill job. Next she drained her small savings. Then she sold her lawn mower to buy her husband's diabetes medication.


RELATED LINKS:
Full coverage: Despair in Mill Town
Workers tell their stories
In new jobs, most earn less
With his security gone, old dream becomes reality
He hopes jobs won't outrun skills
She finds better benefits as school bus driver

INQUIRER HEADLINES  

Andrew Cassel | When it comes to the economy, nothing's always true
The ability to generalize is one of the most useful of human brain tools, and also one of the most dangerous. Reasoning from the particular to the universal is the basis of most scientific inquiry; but leaping to conclusions can also lead to prejudice and myth.

Peter Binzen | Precision products - and people
On a side street in working-class Wissinoming, a gritty section just a stone's throw from Interstate 95, Bob Kramer runs Microcision Inc., one of Philadelphia's least known but most unusual manufacturers.

Till joblessness do us part? Marriages strained by turmoil
After Jim Nelson lost his job, his wife grabbed every second of available overtime at work, pulling 10- and 12-hour days. So when she came home tired at night, and the bathrooms weren't cleaned, and Nelson, too depressed to get dressed, was still in his pajamas, she hit the roof and sent the mail flying.

This career change brought more money, less hair
Ted Lewinski realized he was not going to be a rock star. So he put down the guitar; agreed to cut his long, blond hair; and set off doing something that was supposed to be just as sexy. He started an Internet company.

His AT&T; realm expands from N.J. to include Pa.
J. Michael Schweder has a well-defined challenge as the new president of AT&T; Pennsylvania: to get it into residential, local phone service.

Insider Transactions
Securities trades recently reported to the Securities and Exchange Commission by officers, directors and principal shareholders of corporations based or having sizable employment in the Philadelphia area. Titles are as reported to the SEC.



BUSINESS UNUSUAL

Two deer burst into D.C. fast-food restaurant

Customers at a McDonald's in the nation's capital got a shock Friday when two deer came crashing through the restaurant window.



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Breaking News
Updated Monday, Oct 28, 2002
Consumer gloom may cause new recession - 10:31 AM PST
Pfizer to Settle Lipitor Charges - 08:08 AM PST
Merck, Schering-Plough win approval of new cholesterol drug - 07:47 AM PST
Kellogg earnings climb 35 percent - 07:30 AM PST
Cigna Sees Charge Below $100 Million - 06:30 AM PST

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