An opening surge turned sour at midday, as stocks hovered around the break-even point. The Internet sector remained jittery after yesterday's carnage.
European bourses closed lower, while Asian markets ended mixed, as Japan's
gained 49.74 to 13,952.40, while Hong Kong's
shed 168.16 to 9076.33.
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A federal judge dismissed a shareholder lawsuit charging
American Home Products
executives with delaying the release of negative medical data on diet drugs
until they could unload AHP stock.
announced that it won't take
anticancer drug angiostatin to clinical trials.
doubts last May when the hype on EntreMed hit the Street.
plans to move its credit-card business from
, according to
The Wall Street Journal
Forget the stinkin'
leather jacket -- a California jury awarded a smoker with inoperable cancer $1.5 million for medical costs, pain and suffering incurred at the hands of
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customer has filed a lawsuit against the company, seeking damages for trading losses caused by last week's recent technical problems at its Web site, according to
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U.S. packaging manufacturer
will pay nearly $400 million for the U.K.'s
, outbidding rival
U.K. utility companies
said they have ended merger talks.
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is opening an inquiry investigating whether
office misled Attorney General
about having had prior contact with Paula Jones' lawyers before asking permission to move the Whitewater investigation into the Lewinsky matter.
Syrians begin voting today on a referendum to approve a fifth term for President
. Assad took 99.99% of the vote in the 1991 election.
officials said that U.S. warplanes fired on two air defense sites in southern Iraq in response to violations in the no-fly zone.
met with his prime minister at the Kremlin today amid the usual scrutiny of the Russian president's health. Separately, Yeltsin's plane hit and damaged the aircraft of Italian Prime Minister
after landing in Moscow. Yeltsin didn't feel the bump, according to Russian newspapers.
The National Liberty Journal
, edited by the Rev.
, is alerting parents of the mounting evidence that Teletubby
is intended to be a gay role model. The evidence: Tinky is purple, has a triangular antenna and recently appeared in a
editorial opposite a photo of "chief national gay representative"
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