Sept 11 jobless benefits loom as extensions stall
Washington report shows 1.4 million nationwide and 137000 New Yorkers sought the 13 week extension after the Sept 11 attacks. New York leaders press for 13 more weeks while supporters warn of rising food stamp requests and homelessness as benefits near expiration.
MENTIONED IN THIS ARTICLE
Congress
New York
George Pataki
Andrew Cuomo
H. Carl McCall
Elaine Chao
Enna Orksen Malfoen
Shelly Nortz
Qwest CEO Nacchio resigns during accounting probe
Joseph Nacchio steps down as chairman and CEO of Qwest Communications amid scrutiny of accounting practices. Board asked for resignation amid SEC inquiry, credit downgrade, and plunging stock. Richard Notebaert to take over as the company remains a 14 state phone provider after US West merger.
MENTIONED IN THIS ARTICLE
Denver
Joseph Nacchio
Qwest Communications
Nacchio
Regional Telephone Company
New York Times
Wall Street Journal
Qwest
Securities
Kenneth Lay
Richard C. Notebaert
Ameritech Corp
Tellabs
Minnesota
Washington
Arizona
US West
At&t
New York Stock Exchange
Richard Notebaert
AmEx settlement approved in age and sex bias suit
A federal judge approved a 31 million settlement by American Express Co to resolve a class action alleging age and sex discrimination against 4000 female financial advisers. The deal includes 32 percent women hires, diversity training, a diversity officer, and attorney fees.
MENTIONED IN THIS ARTICLE
Washington
American Express Co
Equal Employment Opportunity Commission
American Express
U.S
Henry Kennedy
Financial Advisers
Bali G Brien
Lawrence Schaefer
TRW Goodrich talks eyed for aerospace unit sale
TRW Inc would not comment on a Wall Street Journal report that Goodrich Corp is negotiating to buy TRW's aerospace systems unit. Northrop Grumman remains bidder for TRW, while TRW seeks a buyer for its automotive parts segment. TRW shares closed up 21 cents at 53.29.
MENTIONED IN THIS ARTICLE
Cleveland
TRW Inc
Goodrich Corp
TRW
Aerospace Systems
Wall Street Journal
Goodrich
Jay McCaffrey
Patty Meinecke
BAE Systems PLC
Europe
Northrop Grumman
Stocks surge as McDonalds upbeat lifts market
Bargain hunters pushed the Dow up 213.21 points to 9,687.42 and the S&P 500 to 1,036.17 as optimistic McDonalds guidance and lower prices drew buyers. Nasdaq jumped 48.59 to 1,553.29 with broad gains across major indices. McDonalds rose to 29.82 and Wal Mart to 58.31 on stronger earnings and sales outlooks.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
David Sowerby
Loomis, Sayles & Co
Dow
McDonald’s
Wal-Mart
Dollar ends higher but gains fade on mixed data
The dollar finished modestly up as markets waited for fresh data and earnings. The euro dipped to 94.13 cents before a tentative recovery, while US stocks rallied late amid limited overall optimism. Dow slid 2.2 percent though some tech and consumer names rose on upgrades.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/AP
Biotech
Amgen
A.G Edwards
Georgia- Pacific
Credit Suisse First Boston
Paper Products Company
Texas Instruments
Dell Computer
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California
New Jersey
Oregon
Val
New York City
Senate
House
Dennis Hastert
Necchio
Dollarbank.com
Dollar Bank
AmEx
McDonald's
Wall Street
S&p
Japan
France
Britain
Germany
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