U.S. stocks remained listless at midday. Blue-chips were glued near their opening levels, while poor-performing large technology stocks dragged the
down to its session low.
European bourses closed mixed.
Asian markets closed mixed, with Japan's
off 188.77 to close at 13,898.08 and Hong Kong's
dumping 248.45 to 9190.20.
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said it will cut about 1,500 jobs over the next year and a half, mostly at the company's downtown Chicago headquarters.
has put its plans to sell part of its North American seed business to
Hoechst Schering AgrEvo
on the back burner after months of delay related to a lawsuit filed by Cargill against two other seed companies.
Unwilling to meet demands of British antitrust regulators that it divest itself of its
is nixing plans to buy the U.K.'s
Royal Auto Club
has crossed the
subsidiary has ended its relationship with
Young & Rubicam
, the advertising agency that handles Miller's
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Not a good
Advanced Micro Devices
. The chip maker yesterday evening confirmed fears that it could post an operating loss for the first quarter of 1999.
is on the verge of buying about 35% of Web portal
, according to
The Industry Standard
. Last night
discussed the rumor in the context of the broader industry.
to join online investment bank
talked with Wit Capital about the coup last night.
has started selling a large chunk of its catalog in MP3, bolstering the digital format's commercial legitimacy.
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supervisory board is meeting today to discuss what to do with its unprofitable
unit. The German press has speculated that the ousting of
, chairman of the company's management board and the man who led the purchase of Rover in 1994, may be in the cards.
officials said that the company has found documents that show it helped to finance the construction of the Auschwitz death camp.
has stepped down as chairman of
Swedish car, er, truck maker
will offer up to $7.7 billion for competitor
, according to the Swedish newspaper
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New York City police fired 41 bullets at a 22-year old West African immigrant, killing him.
prosecutors in a videotaped deposition that
never told her to file a false affidavit.
A Jordanian palace official said that
is on life support, and that the system may be turned off at any time. He had returned home last night after rejecting a bone marrow transplant at a U.S. hospital.
Dorf on golf? Possibly. But
has announced that he is leaving
Monday Night Football
after 12 years.
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