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Dow Closes Up 56, Nasdaq Falls 5
Wall Street's latest attempt at a rally fizzled Monday, as investors decided they were better off collecting their small wins rather than risking further pullbacks.
LISA SINGHANIA / AP Business Writer
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S. Korea Proposes Phone Consortium
South Korea has proposed forming a joint consortium with North Korea to develop telecommunications in the North, officials said Monday.
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German Postal, Telephone Unions Strike
Postal and telephone workers in Germany staged brief strikes Monday, while construction workers began voting on more prolonged stoppages that could cast a shadow over the economy.
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KPMG Consulting Buys Ex-Europe Affiliates
KPMG Consulting Inc. said Monday it would buy former parent KPMG International's Swiss, Austrian and German consulting units for $685 million including debt, in a long-expected move to establish itself in Europe.
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| | Gail MarksJarvis / St. Paul Pioneer Press
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Investors take note: Not all accounting problems are alike
With corporate stalwarts like Microsoft being challenged by the Securities and Exchange Commission over their accounting, investors may well wonder if they can trust any company to be forthright with them.
GAIL MARKSJARVIS / Pioneer Press columnist
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