Nasdaq Squashed by Microsoft (Stock Trading)

Nasdaq Squashed by Microsoft
Microsoft stock suffered its worst loss in six years today after the software giant said it plans to pump billions of dollars into building up its Internet operations.

Jerry Knight

Profits, Prices Spur Oil Outrage
Exxon Mobil Corp. reported $8.4 billion in first-quarter profit yesterday, as members of Congress outraged over high gasoline prices hastened to propose measures that would boost taxes on oil firms, open new areas to drilling and provide rebates to taxpayers but would not necessarily alter prices…

Steven Mufson and Shailagh Murray

Ex-Integral CEO Guilty of Sex Charge
Steven R. Chamberlain, a founder of Lanham-based Integral Systems Inc., pleaded guilty to a sex offense involving a minor and could face up to a year in jail, the Howard County State's Attorney's Office said in a statement yesterday.
Dina ElBoghdady

Aetna Shares Fall; 2 Executives to Retire
Shares of Aetna Inc., one of the nation's largest health insurers, fell sharply yesterday after the company reported strong earnings but announced the retirement of two key executives and revealed that a computer with sensitive customer information was stolen.

Post

A Good Week to Be a Public Servant — and Recognized for It
If it's the first week of May, then it's Public Service Recognition Week. This year's celebration, which honors federal, state and local government employees across the nation, features a naturalization ceremony on the Mall for 25 new citizens and a keynote address by Postmaster General John E….
Stephen Barr

Stock Sales Scrutinized In Enron Trial
HOUSTON, April 27 — A federal prosecutor used evidence that the son of Enron Corp. founder Kenneth L. Lay bet the company's stock price would fall to poke holes in Lay's contention that short-sellers — not fraud — helped push Enron into bankruptcy protection in December 2001.
Carrie Johnson

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