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Newspaper
Register Herald
Location
Beckley, West Virginia, United States of America
Date
Jun 26, 1998
Page
13
The Dow rose 11.71 to 8935.58 amid profit-taking after a sharp rebound. Union Carbide limited gains, tech stocks lagged while the Nasdaq led a broad slide and the S&P 500 fell from a record run.
The report notes new price lows and a composite volume figure of 798,016,710 for a period, contrasting with 1997 average composite volume of 630,215,250. It highlights overall market activity and volatility with emphasis on trading volume and the number of new lows.
The government seeks to untie Windows 98 from its bundled Internet browser and require alternatives, with a court hearing set for September 8. If approved, changes could affect boxed copies or preinstalled versions, potentially altering user access to browsers and supplier branding. The case could shift retail and OEM sales dynamics as 90 percent of future shipments may come preinstalled on new computers.
Logan General Hospital staff and former workers express support for current administrators as Bank of New York seeks changes over more than 31 million in improvement bonds. The hospital faces debt around 22 million to other creditors and missed bond payments while governing ties with Monterra Development Corp. loom. Patient care reportedly improved under C David Morrison, who is praised for community focus and personal sacrifice.
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