|
Panel Nixes Plan to Excuse Philip Morris
|
|
An Illinois Senate committee rejected a plan Thursday to excuse cigarette-maker Philip Morris from paying a $12 billion bond before it can appeal a court judgment. Full Story
|
|
|
|
Philip Morris $12B Bond Ruling Will Stand
|
|
An Illinois Senate committee rejected a plan Thursday to excuse cigarette-maker Philip Morris from paying a $12 billion bond before it can appeal a court judgment. Full Story
|
|
|
|
Delta CEO Cuts Salary After Criticism
|
|
Delta Air Lines chairman and CEO Leo F. Mullin will reduce his salary by 15 percent and not accept incentive payments after the company endured harsh criticism of a compensation package that paid him nearly $13 million last year. Full Story
|
|
|
|
U.S. Airways Chief Derides Exec Pay Plan
|
|
|
Executive compensation in the airline industry deserves scrutiny, but a congressional proposal to freeze pay would merely reward those who are already overpaid, US Airways president David Siegel said Thursday. Full Story
|
|
AP Photo – CHARLES DHARAPAK
|
|
|
|
|
Tokyo Stocks Down in Morning Trading
|
|
Tokyo stocks lost ground Friday morning after New York shares fell modestly on Thursday. The dollar was up against the yen. Full Story
|
|
|
|
Herbalife Hires Disney Exec As New Chief
|
|
Nutritional products maker Herbalife International Inc. has hired Walt Disney Co. executive Michael Johnson as its new chief executive, Herbalife said Thursday. Full Story
|
|
|
|
UnumProvident Hit With $84.5M Verdict
|
|
A federal jury in Arizona has slapped disability insurer UnumProvident Corp. with an $84.5 million verdict for mistreating an injured policyholder, marking the latest rebuke of the company's business practices. Full Story
|
|
|
|
Calif. Pushes Back Sale of Tobacco Bonds
|
|
The financial troubles of the nation's largest cigarette company could deal a severe blow to California's already troubled financial situation, state officials warned Thursday. Full Story
|
|
|
|
Thursday's Markets Glance
|
|
Full Story
|
|
|
|
Thursday's Wall Street Glance
|
|
Wall Street's numbers for Thursday Full Story
|
|
|
|
United, Mechanics Settle Contract Dispute
|
|
United Airlines and the Machinists union have settled a contract dispute over plans by the bankrupt airline to temporarily close its Indianapolis maintenance center, the union said Thursday. Full Story
|
|
|
|
Bond Prices Mostly Higher
|
|
Bond prices were mostly higher Thursday, with investors acting cautiously as American troops closed in on Baghdad. Full Story
|
|
|
|
NYSE Backs Off Analyst Disclosure Rule
|
|
The New York Stock Exchange on Thursday backed off a proposal requiring media disclosure of analysts' conflicts of interest, a rule that news outlets had criticized as onerous. Full Story
|
|
|
|
Thursday's Money Rates
|
|
Money rates for Thursday as reported by Moneyline Telerate as of 4 p.m.: Full Story
|
|
|
|
Thursday's Telerates
|
|
Full Story
|
|
|
|
Thursday's Commodities Roundup
|
|
Crude oil futures rose moderately Thursday, recouping some of the recent losses that were triggered by hopes of a quick war in Iraq. Full Story
|
|
|
|
Standard & Poor's Stock Indexes
|
|
Full Story
|
|
|
|
Big Movers in the Stock Market
|
|
Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market. Full Story
|
|
|
|
BC-Standard & Poor's,0137
|
|
Full Story
|
|
|
|
New OSHA Chemical Exposure Limits Ordered
|
|
A federal appeals court has ordered the Occupational Safety and Health Administration to issue regulations to set a new limit on work exposure to the industrial chemical hexavalent chromium. Full Story
|
|
|
|
More Companies Cut 401K Contributions
|
|
A growing number of companies, searching for ways to cut costs, are suspending their matching contributions to workers' 401(k) retirement accounts. Full Story
|
|
|
|
Dow Closes Down 45; Nasdaq Flatlines
|
|
|
Wall Street closed modestly lower Thursday, pressured by a pair of disappointing economic reports and investor caution as U.S.-led forces made their final push into Baghdad. Full Story
|
|
AP Photo – DAVID KARP
|
|
|
|
|
IMF Cautions Housing Boom Could Bust
|
|
One more threat for the fragile economy - the possibility that America's booming housing market could be headed for a bust. Full Story
|
|
|
|
NASDAQ Indexes
|
|
Full Story
|
|
|
|
Thursday's Most Active Stocks
|
|
Full Story
|
|
|