The Virginian-Pilot

THE LEDGER-STAR

Business: Friday, December 16, 1994

• JACKSON HEWITT POSTS LOSS
• PORT OF HAMPTON ROADS THE PORT HAS MATCHED 1994'S PERFORMANCE, WITH DECEMBER FIGURES STILL TO COME. AND THE GOOD NEWS CONTINUES: A NEW SERVICE WILL MOVE UP TO 10,000 CONTAINERS THROUGH THE PORT NEXT YEAR, AND A PENDING CONTRACT WOULD BOOST TRAFFIC BY UP TO 20,000 CONTAINERS.
• NEWPORT NEWS SHIPBUILDING THE SHIPYARD IS EXPECTED TO ANNOUNCE ``SOON'' A SECOND COMMERCIAL DEAL FOR ITS DOUBLE EAGLE TANKER, AND IT HAS MORE THAN ONE DEAL IN THE WORKS. THE EXPANDING COMMERCIAL WORK CAPS A YEAR IN WHICH THE YARD SIGNED A $2.5 BILLION AIRCRAFT-CARRIER CONTRACT.
• LANDMARK BUYS STAKE IN PHYSICIANS' ON-LINE INC.
• NEWPORT NEWS SHIPYARD CUTS PAY OF 1,800 SALARIED WORKERS
• WITH ITS PLANS APPROVED, ROSE'S AIMS FOR SPRING '95
• U.S. CHAMBER OFFICIAL PREDICTING VAST CHANGES
• JUDGE ORDERS ANOTHER COURT DATE TO SETTLE FLOUNDER-QUOTA FIGHT
• Continental Airlines is eliminating direct flights from Norfolk to Baltimore starting Jan. 10. Airline officials said the route isn't profitable enough to sustain one flight a day, let alone the four it's been flying. Continental swept into Norfolk International Airport with its ``peanuts'' fares in October 1993 and began offering $89 one-way, direct flights to Baltimore last December. The airline also will cut temporarily two of its four Norfolk-to-Boston flights. Those flights should resume in March or April, an airline manager said.