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Ebbers Mounts an 'I Never Knew' Defense
Bernard Ebbers, the former WorldCom chief executive, displayed an innocence in court that was part of a defense effort to cast him as someone who relied on others.
Digital Rx: Take Two Aspirins and E-Mail Me in the Morning
Doctors may no longer make house calls, but they are answering patient e-mail messages - and being paid for it.
Greenspan Says Federal Budget Deficits Are 'Unsustainable'
Alan Greenspan, chairman of the Federal Reserve, urged Congress to scrutinize both spending and taxes to solve the problem.
Martha Stewart Is Released From Prison
Martha Stewart was reported heading home after spending five months at the minimum-security federal women's prison in Alderson, W.Va.
Job Growth Rises, to Delight of Investors
Job growth surged in February, providing fresh evidence that the economy remained on a path of robust and sustained growth.
A Texan Stumbles in King Arthur's Court
A hoped-for turnaround in educational publishing may be the last chance of success for Marjorie Scardino, the chief executive of Pearson.
Shakeup at Sony Puts Westerner in Leader's Role
In a rare move for a Japanese company, Sony has named Sir Howard Stringer, a Welshman, its chairman and chief executive.
Boeing Chief Is Ousted After Admitting Affair
Harry C. Stonecipher was forced out for having violated a code of conduct that he had imposed on all Boeing employees.
Bankruptcy Bill Set for Passage; Victory for Bush
The bill would disqualify many families from taking advantage of the more generous provisions of the current bankruptcy code.
Free of Quota, China Textiles Flood the U.S.
In the first month after the end of all quotas on textiles and apparel around the world, imports to the U.S. from China jumped about 75 percent.
How Long Can G.M. Tread Water?
Since the Depression, General Motors has reigned as the world's largest automaker, but now the company is struggling and may be displaced by Toyota at the top.
Qwest Expected to Raise Its Bid to Buy MCI
Qwest is expected to raise its $8 billion bid for MCI next week in an attempt to break up MCI's deal with Verizon.
Sorry, I'm Keeping the Bonus Anyway
Hundreds of companies have restated earnings in recent years, but a review of restatements shows that companies very rarely get that money back.
Disney's No. 2 Officer to Take Charge in September
Robert A. Iger will succeed Michael D. Eisner as chief executive, ending Mr. Eisner's reign a year earlier than expected.
As Directors Feel Their Oats, Chiefs Are Put Out to Pasture
The ouster of the A.I.G.'s chief executive is the strongest sign yet that boards are reacting to changes in governance.
Ex-Chief of WorldCom Is Found Guilty in $11 Billion Fraud
Bernard Ebbers is the highest executive yet to be convicted in a corporate fraud case, but other executives face similar charges.
G.M. Sees a Loss Near $1 Billion; Stock Falls 14%
General Motors' stock fell to its lowest level in more than a decade Wednesday after the company said it expected to post a loss of nearly $1 billion for the last six months.
Viacom Fights Against Its Own Size
Viacom chief Sumner Redstone spent a decade building one of the biggest media companies in the world, but is now considering a breakup of that empire.
Dangling Broadband From the Phone Stick
Even as high-speed Internet service becomes one of the most quickly adopted technologies, there are few options for those trying to upgrade their dial-up connections.
The Company He Keeps
Mayor Michael R. Bloomberg plans to sell Bloomberg L.P. one day. The timing of any sale may hinge on how he fares in voting booths this fall.
Ask Jeeves Inc. to Be Bought for $2 Billion
IAC/Interactive Corp., the Internet company headed by Barry Diller, is close to an agreement to acquire Ask Jeeves Inc., the nation's fourth-largest search engine company.
Similar Résumé, Different Decade
Having directed a divisive war himself, Robert McNamara can appreciate the predicament facing President Bush's nominee to head the World Bank, Paul Wolfowitz.
Fed Lifts Rate 7th Time in Year and Warns of Greater Inflation
The Federal Reserve raised new worries about inflation on Tuesday, setting off alarms that the central bank might drive up interest rates faster than expected.
Price Increases by Companies Start to Stick
From airlines to manufacturers of plastics, many businesses are overcoming their fears of losing customers and are starting to pass on cost increases.
Trading Places: Real Estate Instead of Dot-Coms
Real estate-crazed Americans have started behaving in ways that eerily recall the stock market obsession of the late 1990's.
Insurer Called Close to Cutting All Remaining Ties to Ex-Chief
The directors of the American International Group are nearing a decision to cut all of the company's ties to Maurice Greenberg.
If I Only Had a Hedge Fund
Does the stampede to hedge funds, which account for nearly half of all activity in major markets, represent the new emerald city or the road to the next crash?
Under New Chief, F.C.C. Considers Widening Its Reach
Lawmakers and the new leader of the Federal Communications Commission have proposed an expansion of indecency rules.
On Wall Street, a Rise in Dismissals Over Ethics
With regulatory scrutiny heightened, there has been a wave of firings as corporations move to stop perceived breaches of ethics.
2 Executives Are Out as Intrigue Engulfs Morgan Stanley
A long-simmering dispute over the direction of Morgan Stanley erupted in a public brawl, as two senior executives resigned.
Insurer Admits Bad Accounting in Several Deals
The American International Group acknowledged that its accounting for a number of transactions, including a deal with Warren Buffett's company, was improper.
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