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2 Sides Differ Over Results of Hearing on Microsoft
Microsoft left an antitrust hearing in Brussels claiming it had reached a breakthrough, but regulators and rivals dismissed the claim as an exaggeration.
Google sells $2.07bn of its stock
US search engine Google raises $2.07bn in its second share sale in seven months.
GM may announce sale of GMAC stake to Cerberus
Reuters - General Motors Corp. is
expected to announce on Monday it will sell a controlling stake
in its General Motors Acceptance Corp. financial services
business to a consortium led by hedge fund Cerberus Capital
Management LP for a total of roughly $11 billion, sources
familiar with the situation said on Sunday.
3 Verizon Caribbean Units Sold to Mexican Magnate
In a strategic shift, American phone companies have been selling their foreign investments.
Big Gain for Rich Seen in Tax Cuts for Investments
President Bush's tax cuts reduced the bills of taxpayers with incomes greater than $10 million by $500,000.
Enron's Skilling set to testify
Jeffrey Skilling, former Enron chief executive, is set to take the stand to deny fraud and insider trading charges.
F.D.A. Plans to Intensify Oversight of Heart Devices
The agency plans to appoint outside medical experts to help it review the safety of heart devices on the market.
Hyundai Chief Arrives Home to Face Inquiry
Prosecutors repeatedly called for the return of Chung Mong Koo to answer questions in an investigation into accusations of bribes for government favors.
Game of Gossip Is Played With Favors and Tips
The relentless gossip game has landed The New York Post squarely in the harsh glare it usually directs on others.
Outside Advice on Boss's Pay May Not Be So Independent
The secretive, prosperous and often conflicted world of compensation consultants has grown into a substantial industry.
No Verdict on Penalty in Vioxx Case
Jurors in the trial of New Jersey man who blamed Merck's Vioxx painkiller for his heart attack, adjourned without reaching a verdict on Monday.
Two Wall Street Employees Charged With Insider Trading
Investigators say the junior level employees at Goldman Sachs and Merrill Lynch were involved in an ambitious insider trading ring.
Michael Jackson Bailout Said to Be Close
The pop star would give Sony a stake in a song catalog that includes hits by the Beatles.
F.B.I. Files Link Big Film Names to a Detective
Paramount's chief and a talent agent had direct dealings with a detective at the center of a wiretapping scandal.
An Ambitious Lexus Takes on the Europeans
With the Lexus LS 600hL, the company has rolled out by far its most ambitious car in a continuing battle with its venerable German rivals.
Honda to produce diesel engines in Britain: Nikkei
Reuters - Honda Motor Co. Ltd (7267.T) plans to
produce diesel engines in Britain to meet strong demand in
Europe for fuel-efficient vehicles, a Japanese financial daily
reported on Sunday.
At LucasArts, No Playing Around in Quest to Be No. 1
Jim Ward is leading a turnaround at LucasArts, ranked 8th in video game sales last year, up from No. 13 a year earlier.
A Farewell to Citigroup
Sanford I. Weill, one of the last classic deal makers who rewrote history on Wall Street, will take his final bow as chairman of Citigroup.
From Saltwater Taffy to Louis Vuitton
Atlantic City is awash with hotel, casino and retail expansion projects, but Wall Street analysts say that luxury boutiques on the Boardwalk are a gamble.
Profit dip sees Intel cut targets
Intel, the world's biggest chipmaker, reports a drop in quarterly profits and cut its annual forecasts.
Skilling exits Enron witness box
Enron's former chief executive Jeffrey Skilling steps down from the witness stand after almost eight days of grilling over the firm's collapse.
G7 warning over rising oil prices
Finance ministers from the G7 warn of the dangers to the world's economy from higher oil prices.
Oil consumers, producers talk but do they listen?
Reuters - The world's oil producers and consumers
agreed on Sunday record $75-a-barrel crude was a danger to
everyone, but appeared further apart than ever in their quest
to bring prices down.
Workers' Paradise Is Rebranded as Kremlin Inc.
Gazprom is not just a lucrative state-owned energy monopoly. It is also a powerful instrument of Kremlin policy, at home and abroad.
McNealy Yields Post as Sun Chief
The announcement of Scott G. McNealy's departure as chief executive came after Sun announced a quarterly net loss of $217 million, which it attributed largely to acquisitions.
Side by Side, 2 News Executives Say Little About a Possible Sale
Executives of McClatchy and MediaNews have been locked in what appear to be tense negotiations over some of the Knight Ridder newspapers.
Bush to Meet Big 3 for Talks on Fuel Issues and Pensions
The meeting is expected to focus on energy and the environment; costs and pricing; and how currency issues affect Japanese automakers.
Japan boosted by consumer data
Japan is showing signs of economic recovery that could foreshadow an interest rate hike in the coming months.
Stock Options at Wholesale
Grants of discounted stock options are yet another way some top executives have insulated themselves from the market forces affecting their equity pay.
John Kenneth Galbraith, 97, Dies; Economist Held a Mirror to Society
Mr. Galbraith, an iconoclastic economist, teacher and diplomat, was one of the most widely read authors in the history of economics.
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