White House takes hard look at SEC's Pitt
The White House was taking a hard look at the future of top U.S. markets regulator Harvey Pitt, with control of the Senate and the outcome of a U.S. Securities and Exchange Commission internal probe seen as decisive factors, Republican sources said on Sunday.
( BY KEVIN DRAWBAUGH AND ADAM ENTOUS, Reuters, 11/03/2002 11:19 PM PST)

New accounting board faces uphill climb
The new federal accounting oversight board has plenty of logistical hurdles to overcome before it can buckle down to business next April, on top of an uproar over the appointment of its new chairman.
( BY DEEPA BABINGTON, Reuters, 11/03/2002 05:29 PM PST)

Wall Street eager for Election Day
While political candidates bang the drum for last-minute votes, the stock market's had a rally of its own. The way many investors see it, Wall Street can only win on Election Day.
( AMY BALDWIN, AP Business Writer, 11/03/2002 05:28 PM PST)

GM appoints Feldstein to head GMAC
General Motors Corp. on Sunday announced the appointment of Eric A. Feldstein to lead the financial arm of the world's No. 1 automaker.
( 11/03/2002 05:26 PM PST)

Network Commerce files Chapter 11
An Internet company founded by a former Microsoft executive has filed for bankruptcy after mounting losses throughout its eight-year history.
( 11/03/2002 10:58 AM PST)

Holiday parties survive amid budget cuts
Companies may be slashing jobs and other costs, but one ritual luxury in the business world is making a comeback this year -- the annual holiday party.
( BY WEI GU, Reuters, 11/03/2002 10:15 AM PST)

Microsoft judge sold tech stocks
The Microsoft antitrust trial proved an expensive experience for the trial judge. She sold her family's technology stocks during a faltering economic period last year to abide by ethics rules, according to the judge's latest financial records.
( TED BRIDIS, Associated Press Writer, 11/03/2002 10:14 AM PST)

United pilots tentatively OK pay cut
Leaders of the pilots union at United Airlines endorsed a $2.2 billion reduction in labor costs over 5 1/2 years, including substantial pay cuts, to help the financially strapped carrier.
( 11/03/2002 10:13 AM PST)

Prisoners blamed for taking shirts off backs of workers
Workers who lost their jobs when the C.F. Hathaway plant closed blamed corporate greed and free trade agreements for the death of the nation's oldest shirt factory.
( DAVID SHARP, Associated Press Writer, 11/03/2002 10:13 AM PST)