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City Tour Firm Goes Under

Four years ago, Frances Zeller sold her jewelry, cashed in her 401(k) holdings, quit her $50,000-a-year job and started Harbor City Tours. It seemed a sure-fire winner, well worth all those risks

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Mutual Perspectives

Mozart’s music may be priceless now, but in his day, the brash young composer had to negotiate commissions for his works with prices often based on the state of his notoriously mismanaged finances at the given moment.<@SM><@SM><TAB>Amad&eacute; — which he preferred to Amadeus — did so only after breaking from the nobility’s long-established patronage system.

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Cadillac Plans Roadster to Compete with Pricey Jaguar, Mercedes-Benz

The Cadillac division of General Motors Corp. will re-enter the market for expensive roadsters in 2002 with a version of its Evoq concept car, as part of its effort to regain prominence among luxury car buyers around the world.<@SM><@SM><TAB>Cadillac announced Friday it would build a roadster based on the Evoq for the 2003 model year that would share pieces of the next version of the Chevrolet Corvette. It also unveiled a restyled 2002 Escalade sport utility vehicle that aims to separate itself from GM

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Week In Review

<b><u>Deeper Job Cuts Expected</u></b><@SM><@SM><TAB><b>First Union Corp.</b> announced this week that it may eliminate as many as 5,291 jobs because of corporate restructuring. The job cuts should not affect employees in Maryland, however.<br><@SM><@SM>[IMGCAP(1)]The Charlotte, N.C., bank operates the sixth largest bank in Maryland in terms of deposits.<br>

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Hot Shots

<b>Michele Whelley<br>President<br>Downtown Partnership</b><@SM><@SM><TAB>Michele L. Whelley recently was named president of the Downtown Partnership, a nonprofit corporation dedicated to making downtown Baltimore a great place to invest, work, live and play.

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Something Ventured: ‘Angel’ Demographic Changing

Jefferson Lilly has no fear about treading in the realm of “angel” — or early stage — investing, once the exclusive domain of retired entrepreneurs or wealthy family friends.<@SM><@SM><TAB>The 32-year-old Silicon Valley sales executive is part of a younger, daring breed that’s emerged in this form of venture financing, observers say.

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