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Consumers Paying More for Prime Beef Cuts
Summer is America's grilling season, when the smell of prime sirloin broiling over gas flames or charcoal drifts through neighborhoods.  Full Story
 
MarketWatch.com to Buy Pinnacor for $103M
Online financial news publisher MarketWatch.com Inc. will buy online investment tools maker Pinnacor Inc. in a cash-and-stock deal initially valued at $103 million.  Full Story
 
Abbott Laboratories to Pay $600M in Fines
An Abbott Laboratories subsidiary has agreed to pay $600 million after admitting its employees tried to help undercover agents defraud Medicare and Medicaid.  Full Story
 
Tokyo Stocks Higher Midday, Dollar Flat
Tokyo stocks advanced Thursday morning after selected gains by U.S. technology shares and a revival in activity on the local market the previous day. The dollar was unchanged against the yen.  Full Story
 
Abbott Subsidiary to Pay More Than $600M
An Abbott Laboratories subsidiary pleaded guilty Wednesday to obstructing a criminal health care investigation and agreed to pay $600 million in criminal and civil fines.  Full Story
AP Photo CHARLES REX ARBOGAST  
 
Lawsuits Seek Return of Enron Bonuses
A committee representing Enron Corp.'s former employees has gone to federal court to try to recover $72 million in bonuses issued in the final hours before Enron filed for bankruptcy.  Full Story
 
Dow Rises 36; Nasdaq Up 13 on Mixed News
A batch of mixed earnings reports flustered Wall Street Wednesday as investors searched in vain for strong evidence of a resurging economy by year's end. Stocks lurched up and down before ending the session modestly higher.  Full Story
AP Photo MEL NUDELMAN  
 
Tokyo Stocks Open Higher, Dollar Down
Tokyo stocks opened higher Thursday after selected gains by U.S. technology shares and a revival in activity on the local market Wednesday. The dollar was slightly weaker against the yen.  Full Story
 
Brunwick Reports 16 Percent Profit Rise
Brunswick Corp.'s second-quarter net income increased 16 percent, topping Wall Street forecasts.  Full Story
 
Microtune to Restate Two Years of Result
Microtune Inc. will restate financial statements from 2001 and 2002 after an independent investigator said the company engaged in fraudulent accounting and financial reporting practices.  Full Story
 
Qualcomm Swings to Profit on Sales Surge
Qualcomm Inc. said Wednesday it swung to a profit in its fiscal third quarter on surging sales of its high-powered mobile phone chips but it offered a tempered outlook for the current period.  Full Story
 
Japan's Trade Surplus Shrinks in June
Japan's trade surplus shrank 30.7 percent in June from the same month a year earlier to 846 billion yen ($7.1 billion), the Finance Ministry said Thursday, underscoring the impact of slowing exports.  Full Story
 
Ex-Enron Employees Suit Seek Bonus Return
The committee representing Enron Corp.'s former employees in its bankruptcy case is attempting to recover $72 million in bonuses paid to 286 employees, officers and executives of the company in the final hours before Enron filed for bankruptcy.  Full Story
 
Flight Attendants Reject Air Tran Deal
Flight attendants for AirTran Airways have rejected a proposed contract agreement, company officials said Wednesday.  Full Story
 
EDS Profit Plunges 56 Percent on Cost
Electronic Data Systems Corp. reported a 56 percent drop in second quarter income because of restructuring and other charges as new management tries to overcome financial woes at the ailing computer services company.  Full Story
 
AT&T Wireless Profits Beat Expectations
AT&T Wireless Services Inc. reported quarterly profits on Wednesday that surged past analysts' expectations as the wireless telecommunications company added nearly half a million customers in a slowing market.  Full Story
 
CIT Group Names Jeffrey Peek President
Commercial lender CIT Group Inc. said Wednesday that Wall Street veteran Jeffrey M. Peek will serve as its president and chief operating officer, and stand in line as a likely successor to the company's longtime chief executive.  Full Story
 
Hyperion Solutions to Buy Brio Software
Business software maker Hyperion Solutions Corp. on Wednesday said it will buy rival Brio Software Inc. for $142 million, continuing a recent flurry of high-tech marriages.  Full Story
 
Report Alleges Freddie Mac Violations
Pushing to meet Wall Street's earnings forecasts, housing finance giant Freddie Mac violated accounting rules as executives withheld information from company directors and investors, investigators said Wednesday.  Full Story
 
Fresh Del Monte's Dismiss Effort Fails
A Florida judge Tuesday decided not to grant Fresh Del Monte Produce Inc.'s motion to dismiss a lawsuit alleging fraud in the 1996 sale of the company to IAT Group.  Full Story
 
Bonds Post Slight Gains
Bonds made modest gains Wednesday amid choppy trading and mixed earnings on Wall Street.  Full Story
 
Fed: Key Interest Rate Could Go to Zero
The Federal Reserve is willing to push a key interest rate to zero if necessary and leave rates low for a considerable period of time to ensure the economy escapes the grips of a destabilizing period of falling prices, Federal Reserve Governor Ben S. Bernanke said Wednesday.  Full Story
 
Fed: Key Interest Could Go to Zero
The Federal Reserve is willing to push a key interest rate to zero if necessary and leave rates low for a considerable period of time to ensure the economy escapes the grips of a destabilizing period of falling prices, Federal Reserve Governor Ben S. Bernanke said Wednesday.  Full Story
 
Wednesday's Markets Glance
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Wednesday's Wall Street Glance
Dow Jones Industrials  Full Story
 
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