Regulator subpoenas Gillette executives over emails deletion
Massachusetts securities regulator subpoenas four Gillette executives after the company disclosed possible deletion of emails tied to its 57 billion acquisition by Procter & Gamble. The action follows a court fight over document access as both firms’ shareholders prepare to vote. The executives include CFO Charles W. Cramb and other senior leaders. CEO James Kilts was not subpoenaed.
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Gillette Co
Procter & Gamble Co
William Galvin
Gillette
Galvin
P&g
Gillelir
Charles W. Cramb
Edward DeGraan
Petr Klein
Furiah Resources
Hallward Guillet
James Kilts
Retail sales rise by 1.4 percent in April
The Commerce Department reports a 1.4 percent April rise in retail sales, strongest in six months, flagging broad strength across categories as auto showrooms and malls rebound. Analysts note potential impact on growth, with some caution over Easter and energy-price effects. Dow falls while unemployment claims edge up.
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Commerce Department
Federal Reserve
Alan Greenspan
David Wyss
Standard & Poor's
New York
Jst
Wyss smil_ Nariman Behravesti
Cial
Global Light
Target
Minneapolis
Bush argues free trade pact will aid democracy in Central America
President Bush met with Dominican Republic President and five Central American leaders in the White House garden to press Congress on CAFTA. He said open markets strengthen democracy and security in the hemisphere, while opponents cite worker rights and environmental concerns. Honduran President Maduro said lawmakers have already ratified the treaty in some Central American nations.
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Central America
Washington
Dominican Republic
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Pee al Nur
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Congress
Frank Pagt
Ricardo Maduro
U.S
Condoleezza Rice
Enrique Bolanos
State Department
Prime time Xbox preview fuels trend at trade show
A rough summary notes Microsoft anticipates a push at the Los Angeles trade expo, aiming to showcase the next generation Xbox amid industry chatter. The piece links a television tease to a broader push in mass-market video games, with Sony and Nintendo seen as rivals on edge.
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Los Angeles
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Mya
Yan Ha
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Aepiha
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