Business Services Industry

The Miami Herald Business Briefs Column.

Knight Ridder/Tribune Business News, October, 1999 by The Miami Herald

Knight Ridder/Tribune Business News

Oct. 16 -- ENERGY UNIT HELPS BOOST PROFIT: FPL Group (FPL) reported higher third-quarter profits, with most of its earnings growth coming from its FPL Energy subsidiary.

FPL Group, parent of Florida Power & Light, said profits at the utility rose slightly, from $263 million to $264 million. But FPL Energy, which builds power-generating plants outside of Florida, saw its profits rise from $18 million in the third quarter of 1998 to $27 million this year.

Sales fell in the quarter because of a rate cut that took effect during the second quarter.

STARTUP WILL FLY JFK-BROWARD: JetBlue Airways, a start-up airline based in New York, said Fort Lauderdale and Buffalo will be the first cities it will serve...

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