QWEST DENIES IT IS UNDER CRIMINAL INQUIRY
Date: 06 July 2002
By Bloomberg News
Bloomberg News
Qwest Communications International says that it is unaware of any criminal probe after Wall Street Journal reports Justice Department is investigating company (S)
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AIRLINES RESCIND INCREASE IN COMPANION FARES
Date: 06 July 2002
By Bloomberg News
Bloomberg News
Major air carriers led by American Airlines rescind $20 round-trip rise in some leisure fares for travel companions (M)
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NUTRASWEET GETS F.D.A. APPROVAL FOR A NEW SWEETENER
Date: 06 July 2002
By Bloomberg News
Bloomberg News
Nutrasweet Co wins Food and Drug Administration approval to market neotame, new sweetener that is 7,000 to 13,000 times as sweet as sugar and will carry no health warning on its label (M)
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WEBMETHODS NARROWS ITS LOSSES FROM LAST YEAR
Date: 06 July 2002
By Bloomberg News
Bloomberg News
Computer software maker WebMethods Inc will report narrower fiscal first-quarter loss of about $2.5 million to $3.5 million, helped by accounting change (S)
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Web Site for Hackers Will Not Appeal
Date: 06 July 2002
By Bloomberg News
Bloomberg News
Internet site for computer hackers, '2600: The Hacker Quarterly,' operated by Eric Corley, will not ask Supreme Court to overturn ruling banning publication of its program to decode DVD's (M)
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U.S. Jobless Rate Rises to 5.9 Percent
Date: 05 July 2002
By Bloomberg News
Bloomberg News
The U.S. unemployment rate increased to 5.9 percent in June as the number of people unemployed for at least half a year rose to the highest in eight years.
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World Business Briefing | Europe: Germany: Babcock Borsig On The Brink
Date: 06 July 2002
By Bloomberg News
Bloomberg News
Babcock Borsig, German engineering company employing 22,000 people, files for protection from creditors after failure of talks with bankers and politicians; all parties are eager to avoid collapse (M)
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World Business Briefing | Asia: Philippines: Telecom Shares Fall
Date: 06 July 2002
By Bloomberg News
Bloomberg News
Shares of Philippine Long Distance Telephone plunge after Moody's Investors Service downgrades company's credit rating and company fights to stop First Pacific Co from selling 24 pecent sake to venture controlled by John Gokongwei (S)
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AurionGold Urges Holders to Reject Bid
Date: 06 July 2002
By Bloomberg News
Bloomberg News
AurionGold Ltd urges shareholders to reject Placer Dome's $967 million takeover bid after slump in Placer Dome's share price reduces value of offer (M)
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World Business Briefing | Asia: Japan: Builder In Bankruptcy
Date: 06 July 2002
By Bloomberg News
Bloomberg News
Dai Nippon Construction, Japanese general contractor, files for bankruptcy protection with $2.3 billion in debt (S)
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