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Iraq news drags markets down
War fears overshadowed encouraging economic reports Thursday on Wall Street, sending stock prices lower for a third consecutive day. Analysts said trading was choppy as investors struggled to decide whether to buy on bets of stronger prospects in 2003. But the escalating rhetoric on Iraq ultimately gave them another reason to sell, they said.
The Associated Press
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Halliburton probe
SEC opens formal investigation into company's disclosure and accounting practices.
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Tax break
Uncle Sam is offering a financial incentive to make good news out of the bad.
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Digital TV
Cable companies and TV set manufacturers reach an agreement that will speed the transition.
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Iraq news drags markets down
War fears overshadowed encouraging economic reports Thursday on Wall Street, sending stock prices lower for a third consecutive day. Analysts said trading was choppy as investors struggled to decide whether to buy on bets of stronger prospects in 2003. But the escalating rhetoric on Iraq ultimately gave them another reason to sell, they said.
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The Associated Press,
12/20/2002 03:01 AM EST)
Knight Ridder offers content to sight-impaired
SAN JOSE, Calif. -- A partnership between Knight Ridder Digital and the National Federation of the Blind is providing the content of the company's newspapers to visually impaired people.
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12/20/2002 03:01 AM EST)
Allegheny Energy warns of bankruptcy
Allegheny Energy Inc. said Thursday it will likely seek bankruptcy protection if it can't agree with lenders on new credit terms. The warning dismayed investors eager for a resolution of the utility's debt problems. Allegheny's stock sank 16.7 percent, or $1.38 a share, to close Thursday at $6.90 on the New York Stock Exchange.
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The Associated Press,
12/20/2002 03:01 AM EST)
Cable, TV industries bury digital hatchet
Cable companies and TV makers agreed Thursday to make their technologies more compatible, with the goal of boosting sales of high-definition televisions.
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By David Ho,
The Associated Press,
12/20/2002 03:01 AM EST)
Real Estate transactions: Nov. 20 to Nov. 27
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12/20/2002 03:01 AM EST)
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| TOP NATIONAL BUSINESS STORY |
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Wall Street firms agree to $1 billion settlement
Financial regulators will announce as early as today that nearly a dozen Wall Street firms have agreed to pay nearly $1 billion to settle charges that stock analysts misled investors during the technology-stock boom of the late 1990s and 2000.
By Deborah Lohse / Mercury News
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BUSINESS UNUSUAL
'Lettuce lady' braves Ohio cold
The crisp, cold weather didn't deter the Lettuce Lady from handing out Veggie Burgers in front of the Burger King in Akron, Ohio. The Lettuce Lady is the creation of People for the Ethical Treatment of Animals, intended to encourage a vegetarian lifestyle.
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Analysts to airlines: Focus on cutting fares, not costs
A customer on major airlines can fly from Philadelphia to London this winter for $400. But a local business traveler flying nonstop to Houston - a shorter flight - on a weekday in early January on US Airways or Continental Airlines will pay four times as much: a whopping $1,687.
By Tom Belden / Inquirer Staff Writer
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| Updated Friday, Dec 20, 2002 | |
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