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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 26, 2004
Page
5
U S stocks closed mixed as a soft GDP first quarter figure weighed on blue chips while tech names and small caps rose with the Nasdaq higher. The Dow fell about 72 points and the S&P 500 slipped, while the Russell 2000 jumped amid portfolio rebalancing.
Atlanta report notes growing use of middlemen who prepare and ship goods for sale on eBay. UPS links with AuctionDrop to sell user items, sending a share back to sellers like Lee Ann Fletcher. eBay posts over $8 billion in three months with 104.5 million users as firms expand roles.
The Bush administration will run a lottery to select 50,000 Medicare recipients for early prescription drug coverage this year. Up to 16 months ahead of start, the program will pay for costly medicines including cancer drugs and at least six home administerable therapies, with $500 million total and $200 million for oral cancer meds.
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