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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 20, 1997
Page
6
The Dow Jones fell 269 points in morning trading amid Asian concerns but rebounded to finish lower early losses largely erased. Nasdaq ended higher after a volatile session sparked by Tokyo market weakness and a major corporate bankruptcy triggering global selling.
U S District Judge Thomas Penfield Jackson demonstrated that Internet Explorer can be removed from Windows 95 in 90 seconds and that the system functions then as intended. A Jan 13 hearing will consider separating the browser from Windows without harming operation, with experts to testify. Jackson named Lawrence Lessig as a special master to offer recommendations by May end. The Justice Department seeks contempt findings against Microsoft and potential fines while Microsoft argues compliance.
Shell Oil Co and Texaco Inc will divest West Coast assets to win approval for a 17 billion joint venture that would form the nation’s largest refiner and marketer. The FTC said assets to be sold include Shell’s Anacortes refinery in Washington Hawaiian terminal and Hawaii and California stations.
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