Economy

  • February 25, 2004   BY Admin 

    Federal Reserve Chairman Alan Greenspan urged Congress on Wednesday to consider trimming Social Security benefits as a way to tackle the nation’s escalating budget, but President Bush later in the day said he opposed the idea. Continue reading

  • February 24, 2004   BY Admin 

    The World Trade Organization concluded Tuesday that the European Union can retaliate against the United States in a dispute over a U.S. 1916 anti-dumping law. Continue reading

  • February 19, 2004   BY Admin 

    Jeffrey Skilling, the former Enron Corp. chief executive who led the company as it veered toward collapse in a massive corporate scandal, was charged Thursday with fraud, insider trading and lying about the corporation’s finances. Continue reading

  • February 19, 2004  

    Former Enron CEO Jeffrey Skilling pleaded not guilty to 40 federal counts of fraud, conspiracy and insider trading Thursday in Houston. Margaret Warner and legal experts discuss the former executive’s role in the historic accounting scandal. Continue reading

  • February 19, 2004  

    Federal budget time has arrived again, and the United States is running more than $500 billion in the red. Paul Solman looks at the growing budget deficit and why people are worried about it. Continue reading

  • February 19, 2004  

    Former Enron CEO Jeffrey Skilling pleaded not guilty to 40 federal counts of fraud, conspiracy and insider trading today in Houston. Spencer Michels offers an update on the continued fallout from the Enron collapse. Continue reading

  • February 17, 2004   BY Admin 

    Cingular Wireless won a bidding war for AT&T Wireless Services Inc. on Tuesday, offering nearly $41 billion in cash and beating out the highest offer from British telecommunications giant Vodafone. Continue reading

  • February 17, 2004   BY Admin 

    The Walt Disney Co. board of directors late Monday unanimously rejected Comcast’s $54 billion, all-stock offer to take over the company, saying the offer was too low. Continue reading

  • February 17, 2004  

    The proposed merger between Cingular and AT&T Wireless may reshape the fiercely competitive cell phone market. Ray Suarez discusses the proposed union between the second and third largest U.S. wireless carriers with industry analyst Charles Golvin of Forrester Research. Continue reading

  • February 12, 2004  

    Comcast Corp., the nation’s largest cable operator, launched an unsolicited bid to merge with Walt Disney. Jim Lehrer and media experts discuss the implications of a Comcast-Disney union for consumers and whether the federal government should try to intercept a merger between cable operators and content providers. Continue reading