U.S. probes penny stock fraud in Senate inquiry
Senate investigators examine abuses in the penny stock market blamed for about 6 billion dollars in annual losses to ordinary investors. Regulators pledge tougher enforcement as the SEC and state authorities issue cold calling alerts and pursue crackdown against rogue brokers and shell companies.
MENTIONED IN THIS ARTICLE
Washington
Senate
Securities and Exchange Commission
FBI
Levitt
SEC
Justice Department
Ket
Susan Collins
Maine
Subcommittee
Collins
Zhu Rongji dazzles IMF World Bank with China reform pledge
China’s Vice Premier Zhu Rongji told the IMF World Bank meeting in Hong Kong that growth would reach seven percent with minimal inflation for a decade. He promised to sell state factories to private buyers within three years, reform banks, allow more foreign investment, strengthen IP laws, and curb corruption while tying WTO entry to tax policy decisions. He urged patience and warned against excessive demands, framing opening as a core state policy. Washington conditions for WTO entry remain a sticking point.
MENTIONED IN THIS ARTICLE
Hong Kong
China
Zhu Rongji
International Monetary Fund
World Bank
Zhu
Shaghai
Clinton
World Trade Organization
Washington
Communist Party
WTO
United States
Beijing
Opening Stocks Snapshot With Mixed Percentages
The page lists opening stock figures with varied percentages and figures such as 1676200 and 1158 Wy along with several codes and numbers. Orts include Ms 249200 42 and Ye 315800 14516 19 percent. The data appears as a ticker style summary of stock values and changes.
Investment groups pressure clothing firms over sweatshops
The Social Investment Forum with about 400 firms controlling 639 billion in investments vows to buy or divest to push apparel makers and retailers to curb sweatshop practices. Labor Secretary Alexis Herman urges cooperation with Smithsonian on an El Monte sweatshop exhibit, while the forum seeks SEC rule changes to restore shareholder voting on labor issues.
MENTIONED IN THIS ARTICLE
Los Angeles Times
Alexis Herman
Social Investment Forum
Herman
Smithsonian Institution
el Monte
The
Smithsonian
Calvert Group
Franklin Research & Development Corp
Securities and Exchange Commission
Labor pushes campaign finance reform at AFL-CIO meet
AFL-CIO leaders call for public financing of campaigns and free TV time for candidates while urging limits on soft money. They defend unions’ political role amid investigations into Teamsters funding and a Senate inquiry into labor spending.
MENTIONED IN THIS ARTICLE
Pittsburgh
Afl-Cio
Labor Federation
Federation
John Sweeney
Senate
Labor
Teamsters
Sweeney
AFL Cio
Organized Labor
Center For Responsive Politics
Congress
Steve Rosenthal
Tom Daschie
New York
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U.S
Arthur Levitt Jr
Li Peng
Hong Kong Convention Center
Wei Jingsheng
Michael Zielenziger
Knight-Ridder Newspapers
Houshini
NYSE
IBM
At&t S
JotinJn
Va Kmart
Hig BancOne
Ae BankAm
Mobil S
Barnett
Monsan
BellAll
Nike
SchergPis
CypSam Deere
Schimb
Seagates
Dalta Air
Seagram
Disney
Sears
Ag SmthBes
SwstAir
Exxons
GnData
Unisys GenElecs
GnMett
Gillette
Valeron
Cp Goodrch
WalMart
GindMet
Guidants
Walgtn
WshNat
Herculs
Wendys
Hilton
Akin Investment Securities
Aegon USA Securities, Inc
NASD
Sipc Allied Corporation
Alliel
American Greetings
Bob Evans Farms
Cedar Fair
Center For Energy We Chrysler
CoBancorp Inc
Columbia Gas
CVS Corp
Emerson Electric
Englehard
FirstMerit Bancorp
Ford Motor General Motors
Con
BF Goodrich
Hills Dept
Invacare Corp
Keycorp
Ats Lear
LNB
Bancorp
Lesco Inc
Mid-Am, Inc
Nordson Corp
Northern Savings
Ohio Edison
P.N.C. Corp
Parker Hannifin
RPM Inc. Royal Appliance Bie
Sherwin Williams
Smuckers
SJMA
Ron Carey